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Economy
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Wednesday, 13 March 2013 02:30
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By Everton Barnes
Antigua St. John's - Local poultry farmers seem to be speaking with a discordant voice in their response to the proposal by an American company for a multi-million dollar investment into the local poultry industry.
Ciboney Poultry Company (CPC), is proposing to spend as much as US$70 million dollars in a poultry operation to meet the local demand as well as for export.
President of the Antigua and Barbuda Poultry Association, Uriah Sheppard, said the association has held a series of meetings with the principals of Zacky Farms, owners of CPC, who want to invest in a poultry operation that encompasses all aspects of the poultry industry.
One major hurdle faced by the investors is their stipulation that the local poultry farmers who now have ongoing concerns should dovetail their operations into the larger American owned operation. A figure of US $1 Million is said to have been committed to compensate farmers who would be affected by this decision.
Sheppard said discussions have hammered out areas of agreement between the local poultry farmers and the investors. He also said that the association had three key concerns; the investors must detail their arrangement in writing, the association members must first approve the tentative agreement and, the company will not engage in egg production.
The association seems to be leaning in favour of giving tentative approval for the project, however, not all poultry farmers are in agreement with the establishment of the project in Antigua. Two prominent farmers, one of whom asked not to be identified, have said that they strongly oppose giving the American group the green-light to establish the project. They feel that it will sound the death-knell for the local industry and wipe-out poultry farmers who have been engaged in the industry for many years.
Farm owner, Philip Abbott, said he believes that the government would make a critical blunder if it went ahead and gave approval to the project. “It’s a serious matter, and this whole idea of them bringing in a foreign company to monopolise the whole industry is going to work against the government, it’s going to work against the country, it’s going to work against the industry so it’s a crazy, crazy idea and I don’t know what is not making the government see it,” he declared.
Abbott is not alone in opposing the project, others have said that the government should not proceed with the project as they see no real benefits for the country.
Another industry member went so far as to say that, “this project could have the same effect on the government as the ‘blue chicken’ had on the PLM Government in the early 1970’s”.
He continued, “rather than encouraging a foreign company to monopolise the poultry industry, the government should seek ways expand and further develop the poultry sector now in the hands of local farmers”.
21 Comments In This Article
Chechen
25cents a pound with all that free land?
Joe
Chicken business
Sonia
a wa ya tarl look ya!
skyewill
@tenman
Godson
GodSon - sorry since i was not clear
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tenman
@tenman
GodSon
GodSon-crabs in a barrel
..
tenman
@ J
Most Antiguans don't have enough money to pay off he gov't for all the fovors thy would need.
GodSon
RE: Mixed Reaction on CPC
j
Chicken farm
JD
RE: Mixed Reaction on CPC
Conscious
Bankrupt Company
I wonder where they are getting this alleged cash from that they will pay everyone? If the money is not in a bank on escrow then they should take a long walk off a short pier.
JP Farnsworth
Farm out our government
Just me
RE: Mixed Reaction on CPC
Farmers, do not sell out. Do what's best for you and your family. IF they offer you enough to make you and your future generations not have to wrok again, then go for it. Do what's best for you. But my guess is $1M us split between a group of farmers will have you begging them for work in the near future.
Godson
open up wide to all
..
..
tenman
RE: Mixed Reaction on CPC
Morris
The PO: Sen Out U Han & Find The Innovative Good! PT4
Courtesy of Just Fedup: www.bloomberg.com/news/2012-10-09/zacky-farms-files-bankruptcy-cites-cost-of-poultry-feed.html and/or
bankruptcynews.typepad.com/debtreliefnews/2012/10/inside-the-zacky-farms-bankruptcy.html Doom: These suggest that the Investors may be Financially Challenged. Innovation: They are equipped with Technology Transfer. They are engaging in Send Out You Hand. A&B is rich as Papa says in Beaches, Land & People. Right People: GoAB should be Strategic &Tactical. Create an Indigen isation Strategy. Create a Corporate Entity with the Foreign & Local Investors who wish to particpate where 51% remains in A&B. Innovation: GoAB improve Port Facilities @ St. John's or Parham with equity in land.
Oh Gad! Pray Wid Mi!
John French II
The PO: Sen Out U Han & Find The Innovative Good! PT3
In 1935, the Canadian Parliament established the Canadian Wheat Board as a manadatory producer marketing system for all farmers west of Ontario. This made Canada the 7th largest wheat producer. The industry has thrived & matured. As of August 1, 2012 Farmers no longer must sell direct to the Wheat Board. If GoAB wishes to improve Production & Marketing, encourage Cooperatives & Provide the Marketing arm for exports. During the 50's A&B created the Peasant Development Organization, a lose private, public, cooperative. It enjoyed a successful period but fell into disrepute due to weak administrative structures. ACLM had Coop Farms, Newton argues for Quote:
John French II
The PO: Sen Out U Han & Find The Innovative Good! PT2
John French II
The PO: Sen Out U Han & Find The Innovative Good!
CountryWomen, The Father of the Nation, on the bright new day of the Nation's Independence spoke these words. Quote: dependent again. Continued in PT2
John French II
it’s a crazy, crazy idea
skyewill
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