Assessment of Cost and Returns of Poultry Farming in Kuje Area Council of Federal Capital Territory, Nigeria
Keywords:
Cost, Production, Poultry, Profitability, FCTAbstract
This research examined the Cost and Return Analysis on Poultry farming in Kuje, Area Council Abuja. The study essentially made use of primary data. Data were collected from three (3) wards of Kuje Area Council that are majorly involved in Poultry farming. Namely Chukuku, Chibiri and Kiyi with the help of Agricultural Development Project (ADP) and total of 50 respondents were randomly selected. The data were obtained through a well-structured questionnaire. The study examine the specific objective of this study which include: determine the costs and returns of poultry farming in the study area and to determine the profitability of poultry farming in study area. And the data collected base on these objectives were analyzed using Gross margin, gross margin ratio, Net farm income return on investment, and (constraint) mean and standard deviation. The result of the costs and returns analysis revealed that Gross Margin was N604,110.00, Net farm income 240,886.00, Return of investment 29.77 and Gross margin ratio 57.53, The study revealed the return on investment were 29.77 was realized per unit on broiler production, which shows that there is profitability in production of broilers in the study area. While some constraints associated with poultry farming was identified as poor management, disease outbreak, high cost of feed, improper vaccination and inadequate input supply. This study recommend that, new innovation and technology that targets increased production of broiler farmers, provision of adequate extension services should be intensified to address training of broiler farmers so as to reduce improper vaccination and inadequate input supply, lastly government agencies should simplified access to credit and grants to existing and prospective broiler farmers.
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