Hill Publishing Group | contact@hillpublisher.com

Hill Publishing Group

Location:Home / Journals / International Journal of Food Science and Agriculture /

DOI:http://dx.doi.org/10.26855/ijfsa.2022.09.015

Determinant Factors Affecting the Price of Feed Ingredients in Ethiopia

Date: September 16,2022 |Hits: 299 Download PDF How to cite this paper

Erdaw Weldes

Department of animal feed processing research, Livestock Development Institute, Bishoftu, Ethiopia.

*Corresponding author: Erdaw Weldes

Abstract

The study was conducted to identify the important factors affecting the price of feed ingredients on the selected area of the country for six weeks. Data were collected from different feed ingredient suppliers, flour and oil factories and feed processing companies. As the study indicated that supply was the determinant factor significantly affecting the price of most feed ingredients. The price of maize and wheat by products were affected by human competition for food commodity followed by low supply of these feed ingredients. Maze and wheat are used for human consumption and the price is reasonably increased from time to time. Except price of mineral premix, market related problems were significantly affecting the price of maize, oilseed cakes and wheat by products. Therefore, the price of feed ingredients mainly varies due to low supply, market related issue and human competition for food commodity but needs further investigation in the future.

References

[1] CSA. (2021). Central Statistics Authority of the Federal Democratic Republic of Ethiopia. Ethiopian Agricultural Sample Enumeration. Result at Country Level. Central Statistics Authority, Addis Ababa, Ethiopia. Pp. 250-350.

[2] Ayele Solomon, Assegid Workalemahu, M.A. Jabbar, M.M. Ahmed, and Belachew Hurissa. (2003). Livestock Marketing in Ethiopia: a review of structure, performance and development initiatives. ILRI Socio-economic and Policy Research Working Paper 52. 

[3] Negash, D., Teshome, T., Temesgen, D. (2022). Study on the current status of feed ingredient production, supply and marketing in Ethiopia. Scientific Journal of Animal Science, 10(2), 726-739.

[4] Demissie Negash. (2018). Review on compound animal feed processing in Ethiopia: condition, challenges and opportunities. MOJ Food Processing & Technology, 6(1).

How to cite this paper

Determinant Factors Affecting the Price of Feed Ingredients in Ethiopia

How to cite this paper: Erdaw Weldes. (2022) Determinant Factors Affecting the Price of Feed Ingredients in Ethiopia. International Journal of Food Science and Agriculture6(3), 340-342.

DOI: http://dx.doi.org/10.26855/ijfsa.2022.09.015

Volumes & Issues

Free HPG Newsletters

Add your e-mail address to receive free newsletters from Hill Publishing Group.

Contact us

Hill Publishing Group

8825 53rd Ave

Elmhurst, NY 11373, USA

E-mail: contact@hillpublisher.com

Copyright © 2019 Hill Publishing Group Inc. All Rights Reserved.