Poultry Price and Market Analysis in the South West Region of Cameroon

Ufoka Betrand Ukum¹, Ernest L. Molua² and Fabinin N. Akem^1,

¹Centre for Independent Development Research, CIDR, P.O. Box 58 Buea, SWR, Cameroon

²Department of Agricultural Economics and Agribusiness, University of Buea, Buea, Cameroon

Cite this paper:
Ufoka Betrand Ukum, Ernest L. Molua and Fabinin N. Akem. Poultry Price and Market Analysis in the South West Region of Cameroon. Journal of Food Security. 2018; 6(1):42-50. doi: 10.12691/jfs-6-1-5

Abstract

The price transmission of agricultural product along its supply chain and the integration of its market is an important factor in ensuring the efficiency of markets. The study had as main objective to analyze the price transmission and integration between poultry markets in relation to its supply chain. The data used was basically primary, obtained through administering of sixty questionnaires at random within the various markets in the Sub-divisions within Fako Division. The study constituted and econometric model relating the market price to key price transmission parameters such as farm gate price and the cost of transaction which was used for analysis. Results show that the farm gate price and the transaction cost had a positive relationship with the retail price of poultry products in this division, but with a negligible effect on the retail price as compared to the farm gate price. Also, there existed a high correlation coefficient between poultry markets in this division indicating that the markets are integrated and the existed a level of symmetry in poultry prices in this division. Hence based on these findings, the government should put appropriate measures to ensure that poultry prices remain stable and all actors involved in the poultry sub sector are informed through various communication methods to ensure symmetry in the transmission of poultry prices which improve on the welfare of producers and consumers of poultry products.

Keywords:
cameroon poultry farm-gate price market price market analysis

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