Cost Benefit Analysis of Egg Production and Comparative Evaluation of Various Breeds of Birds reared by Rural Dwellers in Imo State, Nigeria, From 2015 to 2022
Authors/Creators
- 1. Department of Animal Science, University of Agriculture and Environmental Sciences Umuagwo, Imo State, Nigeria.
- 2. Department of Cooperative Economics Technology, Imo State Polytechnic Omuma, Nigeria.
- 3. Department of Agricultural Engineering, Imo State Polytechnic Orlu Campus, Nigeria.
- 4. Department of Agricultural Technology, Akanu Ibiam Federal Polytechnic, Unwana – Afikpo, Ebonyi State, Nigeria.
Description
Poultry is one of the fastest growing investments of the agricultural economy in Nigeria. This study estimated the cost benefit analysis of egg production and comparative evaluation of various breeds of birds reared by rural dwellers in Imo State, Nigeria, from 2015 to 2022.The objective was to examine the socio-economic status, estimate the costs and returns in production of egg. A stratified random sampling technique was used. Feed conversion ratio, egg-feed price ratio and benefit-cost ratio were analyzed statistically to estimate the production. Various social factors like age of farmers, family size and number of laying birds were significantly affecting the poultry business. Various investment patterns and values were analyzed. The analysis of net return differed significantly with farm size. This study concluded that large farm has higher mass of egg production and lower feed conversion rate indicating higher profit margin as farm size increased.