Research Article
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Year 2021, Volume: 4 Issue: 2, 58 - 65, 01.04.2021
https://doi.org/10.47115/bsagriculture.752924

Abstract

References

  • Achoja FO. 2013. Financial risk threshold determination in broiler enterprise in Delta State in Nigeria. Agri Tropica et Subtropica, 46(14): 111-117.
  • Adamu AA. 2005. Efficiency of resource-use in irrigated wheat production among farmers in Hadejia-Jama’are River Basin Nigeria. MSc thesis, Abubakar Tafawa Balewa University, Agricultural Economics and Extension Programme, School of Agriculture and Agricultural Technology, Bauchi, pp. 133.
  • Adepoju AA. 2008. Technical efficiency of egg production in Osun State. Inter J Agri Econ Rural Develop, 1(1): 7-14.
  • Amos TT. 2006. Analysis of backyard poultry production in Ondo State Nigeria. Inter J Poultry Sci, 5(3): 247-250.
  • Aromolaran AK, Ademiluyi IO, Itebu OJ. 2013. Challenges of small poultry farms in layer production in Ibadan Oyo State Nigeria. Global J Sci Frontier Res Agri Vet Sci, 13(2): 1-9.
  • Cunningham DL, Fairchild B D. 2012. Broiler production systems in Georgia costs and returns analysis. University of Georgia cooperative extension Athens: UGA cooperative extension bulletin, https://secure.caes.uga.edu/extension/publications/files/pdf/B%201240_3.PDF (accessed date: March 23, 2012).
  • Duffy M, Nanhou V. 2002. Factors of success of small farmers and the relationship between financial success and perceived success. 30th National Small Farm Conference; 2002; Albuquerque New MexicoUSAp.17.
  • Dunkley CS, Cunningham DL, Harris GH. 2010. The value of poultry litter in South Georgia. URL https://secure.caes.uga.edu/extension/publications/files/pdf/B%201386_3.PDF (accessed date: March 23, 2012).
  • Emenyonu CA, Odii MACA, Obih U, Anaeto CF. 2005. Determinants of sustainable broiler meat production in Imo State. In Proceedings of the 1st Annual Conference on Developments in Agriculture and Biological Sciences, 27 April 2005, Akure, Nigeria, pp. 300.
  • Gbigbi TM. 2017. Measurement of profit efficiency among broiler producers in Delta State Nigeria. J Agri Technol Environ, 6(2): 64-74.
  • Gbigbi TM. 2019. Resource use efficiency and misery of sweet potato production window into financial surplus for households in Delta State Nigeria. Inter J Agri Sci, Res Technol Extension Edu Systems, 9(2): 83-89.
  • Haruna U, Jibril SA, Kalla DJU, Suleiman H. 2007. Evaluation of egg production in Jos North local government area Plateau State Nigeria. Inter J Poultry Sci, 6(8): 604-607.
  • Ironkwe MO, Ajayi FO. 2007. Profitability analysis of broiler production in Oyibo LGA of Rivers State Nigeria. Global J Agri Sci, 6(2): 195-200.
  • Jabil IY. 2009. Marketing of selected processed dairy products in Bauchi State Nigeria. MSc thesis, Abubakar Tafawa Balewa University, Agricultural Economics and Extension Programme, School of Agriculture and Agricultural Technology, Bauchi, pp. 113.
  • Nwajiuba C, Nwoke E. 2000. Inflation and poultry in Nigeria: Implication for profitability re-inventing animal production in the 21st Century. In Proceeding of the 5th annual conference of the Animal Science Society of Nigeria Port, Harcourt, Nigeria, pp 206-208.
  • Nwankwo F. 2007. Factors affecting farmers access to agricultural loans in Anambra State. In proceeding of ninth annual national conference of the Nigerian Association of Agricultural Economists, November 5-8, 2007, Abubakar Tafawa University, Bauchi, pp. 496-504.
  • Onubuogu GC, Nnadozie BC. 2005. Socio-Economic Factors Affecting Broiler Bird Brooding in Obowu LGA of Imo State Nigeria. Proceedings of the 39th Annual Conference of the ASN University of Benin, October 9-13, Benin, Nigeria, pp.132-135.
  • PSN. 2009. Poultry site news. http://’poultry newsdesk.com (accessed date: April 19, 2016).
  • Rahman SA,Yakubu A. 2005. Analysis of poultry production distribution and consumption in parts of Nassarawa State Nigeria. Inter J Nat Appl Sci, 1(1): 1-4.
  • Tsado JH, Ibrahim M, Ajayi OJ, Fatoki P, Momo J. 2015. Effects and constraints associated with ICT use by yam farmers in Benue State Nigeria. J Agri Rural Develop, 15: 22-31.

Financial Benefits Analysis of Broiler Chicken Farm Operators in Delta State Nigeria

Year 2021, Volume: 4 Issue: 2, 58 - 65, 01.04.2021
https://doi.org/10.47115/bsagriculture.752924

Abstract

This study examined financial benefits of broiler chicken farm operators in Delta State, Nigeria. Data were collected from 168 randomly selected broiler farm operators with the aid of structured questionnaire and analyzed using descriptive statistics, cost and return analysis and regression analysis. The result showed that 58.3% of the farmers were between age brackets of 31-40 years with 82% of them male and 76.2% were married with 67.9% having household size of 6-10 persons. About 96.4% of the broiler chicken farmers were literate with 66.7% of them having between 11-15 years of experience. The average net profit, gross margin and average net profit per bird as well as return per naira invested were N928720, N1034606, N 1254.82 and N 2.89 respectively. This implies that broiler production is profitable. Poultry droppings/litters were also essential by-products that generate enough income to the broiler chicken farmers. The result of the regression model showed that cost of chicks, cost of feed, cost medicine and veterinary cost positively influenced profit while labour cost, water supply cost , transportation cost and mortality rate had inverse relationship with profit. High cost of feeds, bird mortality and inadequate capital were the major constraints associated with broiler chicken production. It is recommended that if these aforementioned constraints are tackled will help boost broiler chicken production in the study area.

References

  • Achoja FO. 2013. Financial risk threshold determination in broiler enterprise in Delta State in Nigeria. Agri Tropica et Subtropica, 46(14): 111-117.
  • Adamu AA. 2005. Efficiency of resource-use in irrigated wheat production among farmers in Hadejia-Jama’are River Basin Nigeria. MSc thesis, Abubakar Tafawa Balewa University, Agricultural Economics and Extension Programme, School of Agriculture and Agricultural Technology, Bauchi, pp. 133.
  • Adepoju AA. 2008. Technical efficiency of egg production in Osun State. Inter J Agri Econ Rural Develop, 1(1): 7-14.
  • Amos TT. 2006. Analysis of backyard poultry production in Ondo State Nigeria. Inter J Poultry Sci, 5(3): 247-250.
  • Aromolaran AK, Ademiluyi IO, Itebu OJ. 2013. Challenges of small poultry farms in layer production in Ibadan Oyo State Nigeria. Global J Sci Frontier Res Agri Vet Sci, 13(2): 1-9.
  • Cunningham DL, Fairchild B D. 2012. Broiler production systems in Georgia costs and returns analysis. University of Georgia cooperative extension Athens: UGA cooperative extension bulletin, https://secure.caes.uga.edu/extension/publications/files/pdf/B%201240_3.PDF (accessed date: March 23, 2012).
  • Duffy M, Nanhou V. 2002. Factors of success of small farmers and the relationship between financial success and perceived success. 30th National Small Farm Conference; 2002; Albuquerque New MexicoUSAp.17.
  • Dunkley CS, Cunningham DL, Harris GH. 2010. The value of poultry litter in South Georgia. URL https://secure.caes.uga.edu/extension/publications/files/pdf/B%201386_3.PDF (accessed date: March 23, 2012).
  • Emenyonu CA, Odii MACA, Obih U, Anaeto CF. 2005. Determinants of sustainable broiler meat production in Imo State. In Proceedings of the 1st Annual Conference on Developments in Agriculture and Biological Sciences, 27 April 2005, Akure, Nigeria, pp. 300.
  • Gbigbi TM. 2017. Measurement of profit efficiency among broiler producers in Delta State Nigeria. J Agri Technol Environ, 6(2): 64-74.
  • Gbigbi TM. 2019. Resource use efficiency and misery of sweet potato production window into financial surplus for households in Delta State Nigeria. Inter J Agri Sci, Res Technol Extension Edu Systems, 9(2): 83-89.
  • Haruna U, Jibril SA, Kalla DJU, Suleiman H. 2007. Evaluation of egg production in Jos North local government area Plateau State Nigeria. Inter J Poultry Sci, 6(8): 604-607.
  • Ironkwe MO, Ajayi FO. 2007. Profitability analysis of broiler production in Oyibo LGA of Rivers State Nigeria. Global J Agri Sci, 6(2): 195-200.
  • Jabil IY. 2009. Marketing of selected processed dairy products in Bauchi State Nigeria. MSc thesis, Abubakar Tafawa Balewa University, Agricultural Economics and Extension Programme, School of Agriculture and Agricultural Technology, Bauchi, pp. 113.
  • Nwajiuba C, Nwoke E. 2000. Inflation and poultry in Nigeria: Implication for profitability re-inventing animal production in the 21st Century. In Proceeding of the 5th annual conference of the Animal Science Society of Nigeria Port, Harcourt, Nigeria, pp 206-208.
  • Nwankwo F. 2007. Factors affecting farmers access to agricultural loans in Anambra State. In proceeding of ninth annual national conference of the Nigerian Association of Agricultural Economists, November 5-8, 2007, Abubakar Tafawa University, Bauchi, pp. 496-504.
  • Onubuogu GC, Nnadozie BC. 2005. Socio-Economic Factors Affecting Broiler Bird Brooding in Obowu LGA of Imo State Nigeria. Proceedings of the 39th Annual Conference of the ASN University of Benin, October 9-13, Benin, Nigeria, pp.132-135.
  • PSN. 2009. Poultry site news. http://’poultry newsdesk.com (accessed date: April 19, 2016).
  • Rahman SA,Yakubu A. 2005. Analysis of poultry production distribution and consumption in parts of Nassarawa State Nigeria. Inter J Nat Appl Sci, 1(1): 1-4.
  • Tsado JH, Ibrahim M, Ajayi OJ, Fatoki P, Momo J. 2015. Effects and constraints associated with ICT use by yam farmers in Benue State Nigeria. J Agri Rural Develop, 15: 22-31.
There are 20 citations in total.

Details

Primary Language English
Subjects Agricultural Engineering
Journal Section Research Articles
Authors

Theophilus Miebi Gbıgbı 0000-0002-1335-7231

Publication Date April 1, 2021
Submission Date June 15, 2020
Acceptance Date December 11, 2020
Published in Issue Year 2021 Volume: 4 Issue: 2

Cite

APA Gbıgbı, T. M. (2021). Financial Benefits Analysis of Broiler Chicken Farm Operators in Delta State Nigeria. Black Sea Journal of Agriculture, 4(2), 58-65. https://doi.org/10.47115/bsagriculture.752924

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