Profitability of Small Scale Broiler Production in Onitsha North Local Government Area of Anambra State, Nigeria

Ike, P. C.; Ugwumba, C. O. A.

doi:10.3923/ijps.2011.106.109

Cited by 29 publications

(27 citation statements)

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“…The entire production yielded a net profit of ₦40,989.56, implying that the small scale producers of broilers earned a profit in the study area. This is consistent with the findings of Ike and Ugwumba [10] who also posited that broiler production is profitable. Though small scale broiler production generated profit, there is need to increase the scale of operation to minimize cost.…”

Section: Gr / Tc= 222 Gr = Gross Revenue Tc = Total Costsupporting

confidence: 92%

Resource-use Efficiency in Small Scale Broiler Production in Owerri Municipal Council of Imo State, Nigeria

Okwara

Umebali

Agu-Aguiyi

et al. 2019

AJAEES

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The study analyzed the resource use efficiency in small scale broiler production in Owerri Municipal Council of Imo State. Data were collected with well structured questionnaire from 40 randomly selected broiler farmers. The questionnaire were analyzed with the appropriate statistical and econometric tools. The result showed that the small scale broiler producers were profitable in the study area. Feed cost was very high consisting of 39.37% of the total cost and 44.63% of the variable cost of production. Farm size, labour, feed cost, medication are all important factors affecting the net revenue of the farmers in the study area. The net revenue of the broiler farmers was estimated at N140,989.56 per farmer per year implying that small scale broiler production is profitable. The farmers were inefficient in the use of resources such as land, labour, capital, feed, medication and other inputs. The benefit cost ratio was estimated at 2.22, implying that for every one naira invested in small scale broiler production in the study area, 11 kobo was gained thus profitable. The major constraints to small scale broiler production are lack of credit and the incidence of pest and diseases. Agricultural policies and programmes should focus on improving the farmers’ access to credit and appropriate technology the farmers’ access to credit and appropriate technology should be developed to reduce losses through the incidence of pest and diseases.

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Section: Gr / Tc= 222 Gr = Gross Revenue Tc = Total Costsupporting

confidence: 92%

Resource-use Efficiency in Small Scale Broiler Production in Owerri Municipal Council of Imo State, Nigeria

Okwara

Umebali

Agu-Aguiyi

et al. 2019

AJAEES

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“…Women generally play a major role in the agricultural sector (Asuamah, 1993) and were reported to dominate agricultural activities in African countries (Ugwumba & Lamidi, 2011;Ukwuaba & Inoni, 2012). Of the 50 youth agricultural projects sampled for the study, about three in four (74%) were male owned (Table 1), and hence men were majority at ownership level.…”

Section: Characterization Of Youth Agricultural Project Ownersmentioning

confidence: 99%

Characterization of Youth Agricultural Projects in Limpopo Province of South Africa

Maele¹,

Nesamvuni²,

Tshikolomo³

et al. 2015

JAS

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The sustainability of agriculture is dependent on the characterization of project participants. The study investigated selected characteristics of participants in youth agriculture projects and constraints faced and proposed strategies for increased project productivity. Three in four (74%) of the projects were male owned and half (50%) of the owners only had primary education. As for project members, 53.8% were females with 59.3% of them in mixed vegetable and field crop projects. The project members were youthful with 84.4% aged 18-35 (25.3% were 18-25 years old, 25.3% were 26-30 and 33.8% were 31-35). Four in five (78.2%) project members were permanently employed. The projects had constraints that reduced their productivity, and those were mainly: (1) weak relationships with other stakeholders resulting in limited access to information, (2) lack of access to funding, and (3) poor land tenure. To improve productivity: (a) youth projects should be encouraged to form (or be part of) cooperatives, (b) initiatives such as NYDA and Mafisa should be strengthened to be more effective in servicing the youth projects, and (c) traditional authorities should establish committees with clear mandate and guidelines for improved land allocation. Strategies to improve productivity of youth projects should consider the described characteristics of participants in terms of gender, age, education and employment status.

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“…Many studies (Adepoju, 2008;Olasunkanmi 2008;Taru et al, 2010;Ike and Ugwumba, 2011;Mahama et al, 2013;Olufemi and Adeolu;Ohajianya et al, 2013;Anang et al, 2013;Tanko and Aji, 2014) were done separately on layer and broiler production enterprises with a greater focus on egg production. However, all these studies failed to compare the investment pattern and net worth of these two categories of poultry production.…”

Section: Introductionmentioning

confidence: 99%

Comparative investment analysis of small-scale broiler and layer enterprises in Osun State, Nigeria

Baruwa

Fabode

2019

J AGR SCI BELGRADE

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The study investigated the investment patterns, costs and return structures of the layer and broiler production in Osun State, Nigeria. It also compared their net present value in the study area to determine their investment returns. A multistage sampling technique was employed in selecting respondents for the study. Primary data were collected from 180 broiler and layer farms, comprising 90 broiler farms and 90 layer farms from six local governments in Osun State using a structured questionnaire. The data were analysed using descriptive statistics, budgetary techniques and investment tools. The investment pattern indicated that a larger amount of money was invested in capital assets for small-scale layers (₦651,274.5) compared to broilers (₦448,068.6). Personal saving was the major source of funding among the small-scale layer enterprises compared to that of broiler enterprises. In addition, the survival of re-investment in small-scale layers depends largely on funds from family members while the smallscale broiler enterprise depends on retained earnings. The budgetary analysis showed that the gross margin of the farmers was ₦166,321.8 and ₦1,150,470.8 for broiler and layer enterprises, respectively. Investment analysis revealed that the layer enterprise had a higher positive net present value (NPV) and the internal rate of return (IRR) value of ₦1,523,692.6 and 64.9 per cent, respectively. In contrast, the broiler enterprise had lower positive NPV and IRR values of ₦961,173.3 and 63.0 per cent, respectively. The study concluded that the small-scale layer enterprise was found to be more economically profitable compared to the smallscale broiler enterprise with higher NPV and IRR values and a shorter discounted payback period in Osun State.

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Profitability of Small Scale Broiler Production in Onitsha North Local Government Area of Anambra State, Nigeria

Cited by 29 publications

References 0 publications

Resource-use Efficiency in Small Scale Broiler Production in Owerri Municipal Council of Imo State, Nigeria

Resource-use Efficiency in Small Scale Broiler Production in Owerri Municipal Council of Imo State, Nigeria

Characterization of Youth Agricultural Projects in Limpopo Province of South Africa

Comparative investment analysis of small-scale broiler and layer enterprises in Osun State, Nigeria

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