E/R minister launches commodity satellite market

November 3, 2021 By 0 Comments

The Eastern Regional Minister, Seth Kwame Acheampong, has launched the Commodity Satellite Market Fair at Appenteng Hall in Koforidua.

The theme for the program was -“developing the eastern commodity satellite markets: the role of agro-input dealers and processors,” and was heavily represented by dignitaries, including the Regional Coordinating Director Mr. Samuel Donkor, Regional Director of Agriculture, Mr. Henry K. Crentsil Jnr.

Others were the Country Director for USAID Farmer to Farmer Program, Madam Mina H. Lassey and the Commercial Manager for the South East Business Unit of MTN Ghana, Mr. Peter Bimpeh.

Mr Seth Acheampong cited the implementation of the government’s flagship programs such as the planting for food and jobs and rearing for food and jobs as proof of the President’s commitment to achieving sustainable agricultural development in the country.

Explaining the reason for the event, Mr Acheampong noted that an increase in farm produce across the region prompted the need for an available and sustainable market for the surplus produce, so as to help augment the income levels of small-scale farmers.

This, therefore, led to a proposal by the Regional Agricultural Department of the Eastern Region, with the support of the Eastern Regional Coordinating Council to link farmers and processors to ready markets through the development of a commodity satellite market.

All Municipal and District Assemblies (MDAs) across the Region were tasked with branding at least one agricultural commodity, which they have comparative advantage for their satellite markets, a duty which was discharged efficiently.

The Minister, therefore, commended the Regional Directorate of Food and Agriculture and the Districts for their hard work and commitment, especially those who have put up permanent structures for the products to be sold in their respective Districts.

Highlighting the importance of the commodity satellite market, he explained that 11,601 farmers and small-scale processors across the region had so far benefitted from the initiative, having been linked to several markets across the region, a feat which otherwise would have been very difficult, if not impossible to attain.

He said consumers and retailers in global and local markets were now willing to pay premium prices for quality foods.

This situation, he noted, has provided a unique challenge to small scale farmers as they now have to conform to higher standards in order to benefit from these new markets.

The Regional Director of Food and Agriculture, Mr. Henry Crentsil, who could not hide his joy, thanked the Regional Minister and the Eastern Regional Coordinating Council for their tremendous support.

He, therefore, tasked Agro input dealers to continue to provide quality agricultural inputs to farmers. He argued that good Agro inputs lead to good produce and consequently good product.