Abstract
The study was carried out to determine profitability of broiler production in Cross River State, Nigeria. A three stage multi sampling technique was adopted in the selection of 180 respondents. Data collected were analysed using descriptive statistics such as frequency, mean, ranking and percentages, as well as budgeting techniques tools such as net farm income (NFI), return to naira invested (RNI), gross and operating ratios (GR and OR) respectively. Result of analysis showed that socio-economic attributes of broiler farmers - age, sex, marital status, education, experience, business size and training studied influenced on broiler production in the area. Furthermore, the study revealed that broiler production is a profitable venture in the area. This is arising from the difference between a total revenue of N704, 000 and total cost of N419, 153 respectively, representing a net profit of N284, 646.6 or 67.90% of the total amount of money invested, within a production season of eight weeks. The return per naira invested ratio was 1.64, this meant that for every naira invested, N1.64 profit was made by the broiler farmer, this further indicated that the business is profitable. The gross ratio, which measured the overall financial success of the business recorded 0.61. However, cost of feeds, lack of extension services, financial constraints, cost of day old chick’s medication among others are the constraints affecting effective broiler production in the area. Based on the findings of this study, the following are recommended: regular extension training on broiler production should be carried out by the relevant government agencies, feeds should be subsidized and made easily available by government, production of day old chicks should be subsidized by government to cushion the effect of their high cost and livestock farmers should be encouraged to invest on the poultry subsector for it profitability.
Highlights
Broilers are chicken raised for meat and it production is the process of rearing broiler birds for meat, a key measure of performance being the feed conversion ratio (FCR)
Analysis of gender showed that majority (72.7%) were male. This implied that men were dominant in broiler production in the area; this may be because broiler business is rigorous and tedious, for the women folk who are always busy with other household chores
RECOMMENDATIONS The socio-economic attributes of broiler farmers - age, sex, marital status, education, experience, business size and training influenced the profitability of broiler production in the area
Summary
Broilers are chicken raised for meat and it production is the process of rearing broiler birds for meat, a key measure of performance being the feed conversion ratio (FCR). The importance of broiler is further noted by Ezeano and Ohaemesi (2020) to include: offers high productiveness, fast growth rate, short generation interval and unparalleled competence in nutrient transformation to high quality animal protein. In spite of these laudable attributes of the industry, it is still faced with the following according to Ike and Ugwumba (2011): poor reproductive performance, poor growth rates, diseases, mortality, predation and low level of literacy among farmers, as well as poor market for the product in small holder broiler production.
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