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HomeBusinessAGRIC CORNER: Fisheries Commission to secure market for farmed fish sales

AGRIC CORNER: Fisheries Commission to secure market for farmed fish sales

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The Fisheries Commission, in collaboration with the Greater Kumasi Fish Farmers Cooperative Union (GKFFCU), has secured space at the Kumasi Racecourse market to support farmed fish sales.

This initiative aims to ensure fish farmers earn fair profits by selling at standard prices.

Ashanti Regional Fisheries Commission Director, Mr. Gideon Boakye, told the Ghana News Agency that the measure seeks to prevent exploitation and help farmers recover their investments.

He noted that unfair pricing often leaves farmers with minimal or no profit, hindering business expansion.

“Fish farming is profitable, but fishmongers buy at low prices, reducing farmers’ earnings,” he explained.

Due to these challenges, some farmers have abandoned the business, reducing fish farming activity in the region.

In 2024, the region produced 1,355 metric tons of farmed fish, slightly exceeding the 1,315 metric tons in 2023.

Mr. Gideon Boakye highlighted high fish feed costs as a key challenge affecting production. He emphasized that a regulated farmed fish market would attract investors, boost productivity, and support food sustainability.

The Fisheries Commission will ensure quality fish sales in a well-equipped market. The Greater Kumasi Fish Farmers Cooperative Union (GKFFCU) was formed to unite and support fish farmers under a regulatory framework.

Mr. Boakye urged stakeholders to help establish mini-farmed fish markets across district cities to enhance the industry.

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