HOW STOCKPILING FEEDS FOR MY BIRDS IS SAVING ME FROM AN IMPENDING INFLATION // TIPS FROM A LIVESTOCK FARMER.
There are a lot reasons why people in all part of the world resulted to stockpiling. Meanwhile, it is good and important to note that it's all products that can be stockpiled. Some products do not really have that span to the extent of them being stockpiled, else if only one wants to be make huge loss in the midst of getting the better side of inflation. As a poultry farm business man,I have found stockpiling as one of the ways to start making my gains right from the scratch of venturing into my business.
What's stockpiling?
Stockpiling is the process whereby you have the intention of going into the market or store, get some good or products in large quantity,then stock the goods by piling them up for longer period of time. People have seen stockpiling as one of the ways to dodge inflation. This is because inflation has been something which has called for concern in every sphere of life. Prices of goods and services have inflated,infact prices have skyrocket and it's not showing sign of stopping any time soon.
What's inflation?
In whichever way I wanted to put my statement,it can never be completed without saying what inflation means. Inflation is the increase in price of goods and services in the market economy. It's this inflation of a thing that gave me the idea of stockpiling the feeds for my Broiler birds. Ask me how, before I finished rearing the last batch of my birds, I know how much a bag feed was,it has increased from #9,750 to #9,900, that's just within days. Last year a bag of feed was maybe #4,400 but it's now times two of the last year's price. Infact inflation is not here to play with us. So this time around, I said to myself it's better to use stockpiling system, atleast it will save me some extra expenses.
Why stockpiling is a good idea?
The reason why I found stockpiling to be a good idea is that t will save you from an impending price inflation and some other extra expenses like transport fare for moving the products or goods from the feeds store to the your domicile.
All thanks to @felixxx who initiated and sponsored the below project. You can click below to view the projects.
PART ONE OF THE BROODER PEN CONSTRUCTION:- CLICK HERE👉🏻SOURCE
PART TWO OF THE BROODER PEN CONSTRUCTION:- CLICK HERE👉🏻SOURCE
PART THREE OF THE PROJECT,THE BIRDS ARE NOW 2WEEKS PLUS:- CLICK HERE👉🏻SOURCE
Also thanks to @balte , @schlees and @satren for their upvote. I really appreciate.
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You are very correct bro, the high cost of feed for birds and other livestock is becoming worrisome. It's good you made savings.
Thanks for reasoning along with me. Thanks for stopping by. Cheese!🥂
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Stockpiling is sure a very economical way of fighting inflation. With the current inflation rate in the country where the price of what you got yesterday can double in just 24 hrs, stockpiling is sure a very strategic way of escaping surges in prices of goods.
Yeah,you have cap it all. Thanks for stopping by. Cheers🥂