Global Journal of Biology, Agriculture & Health Sciences

Abstract

Economic Analysis of Backyard Poultry Farming in Akoko North West Local Government Area of Ondo State, Nigeria

Oladunni ME,Fatuase AI

The study investigated the economic assessment of backyard poultry farming in Akoko North West Local Government Area of Ondo State, Nigeria. Primary data were used and a sample of 152 backyard poultry owners through a multistage sampling technique was drawn from the study. The data collected were analyzed using descriptive statistics, budgetary analysis and multiple linear regression model. The profitability analysis revealed that the cost of production and revenue per bird were N3,987.52 and N4,210.11 respectively with the gross margin and profit of N537.99 and N222.59 per bird respectively which indicated that the enterprise is profitable. The result of multiple regression showed that farming experience, education, costs of labour and feeds were the main factors that statistically determined backyard poultry productivity. Inadequate funds, unstable price, lack of access to extension services and expensive feeds were the major constraints encountering by the backyard poultry owners in the study area.

Published Date: 2013-10-12;