The study looked out
the profitability and the relationship between cost of input used and income
realized of raising broilers under the battery cage and deep litter system of
poultry production. The data used in the study were obtained from a
cross-sectional survey of broiler farmers in Edo State from October–December,
2014. A multi-stage sampling process was used to select the respondents for
this study. The data collected were analyzed using descriptive statistics,
profitability ratios and ordinary least square (OLS) multiple regression model.
The Gross Margin analysis gave a value
of N2,422.24 and a Net Farm Income
(NFI) of N2,412.40 per bird for battery
cage system while the deep litter system had a gross margin of N1,601.77 and NFI of N1,593.80 per bird. The profitability ratios showed Rate of Return
on Investment (RRI)of about 92%, Return on Labour(RL) of N18.03, Return on Feed (RF)of N144.22
and Return Per Naira Invested (RNI) of N0.91
for the battery cage system as against RRI (71%), RL (N30.28), RF (N117.95) and RNI
(N0.71) for the deep litter system.
This shows that both systems were profitable and viable in the study area. Only
three variables in the regression model were found to be statistically
significant (P
KAYODE, E. (2018). PROFITABILITY AND INPUT-INCOME DETERMINANTS OF BROILER PRODUCTION SYSTEMS IN EDO STATE, NIGERIA. Afribary. Retrieved from https://afribary.com/works/profitability-and-input-income-determinants-of-broiler-production-systems-in-edo-state-nigeria-8060
KAYODE, EWEKA "PROFITABILITY AND INPUT-INCOME DETERMINANTS OF BROILER PRODUCTION SYSTEMS IN EDO STATE, NIGERIA" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/profitability-and-input-income-determinants-of-broiler-production-systems-in-edo-state-nigeria-8060. Accessed 22 Nov. 2024.
KAYODE, EWEKA . "PROFITABILITY AND INPUT-INCOME DETERMINANTS OF BROILER PRODUCTION SYSTEMS IN EDO STATE, NIGERIA". Afribary, Afribary, 29 Jan. 2018. Web. 22 Nov. 2024. < https://afribary.com/works/profitability-and-input-income-determinants-of-broiler-production-systems-in-edo-state-nigeria-8060 >.
KAYODE, EWEKA . "PROFITABILITY AND INPUT-INCOME DETERMINANTS OF BROILER PRODUCTION SYSTEMS IN EDO STATE, NIGERIA" Afribary (2018). Accessed November 22, 2024. https://afribary.com/works/profitability-and-input-income-determinants-of-broiler-production-systems-in-edo-state-nigeria-8060