@article{Osei-Asare:162132,
      recid = {162132},
      author = {Osei-Asare, Yaw B. and Incoom, Raymond and Kuwornu, John  K.M.},
      title = {The Ostrich Industry in Ghana: Prospects and Performance},
      journal = {Journal of Food Distribution Research},
      address = {2009-03},
      number = {856-2016-57783},
      pages = {8},
      year = {2009},
      abstract = {The number of ostrich farms in Ghana has increased lately  as a result of the high and faster financial returns these  farms are accruing. This study assesses the performance of  MacBaron Ostrich Farm by examining the trends in its  output, operating performance, profitability, market  structure, and future projections of income. Generally,  there have been decreasing trends in meat output, value of  hide exports, and sales at monthly rates of 0.58 percent,  0.25 percent, and
0.22 percent, respectively. Despite these  low and declining trends, the profit level over the years  has been increasing at 19.6 percent annually. The structure  of the ostrich market mimics an oligopolistic market.  Income projections using the three-year moving average  revealed that the business will still be profitable over  the next five years. The study recommends that MacBaron  diversify its output by exploring other markets for ostrich  products, such as processing the feathers and eggshells,  and by increasing the bird slaughter rate since profit is a  function of output. Water and electricity costs should be  reduced by the use of energy saving bulbs and the  maintenance of all thermostats in electrical systems in the  brooder house. High-pressure, low-volume cleaning systems  and nozzles on all water sprays should be employed The  study further recommends that proper records be kept to  ensure good management and planning of inventory.},
      url = {http://ageconsearch.umn.edu/record/162132},
      doi = {https://doi.org/10.22004/ag.econ.162132},
}