A Comparative Profitability Analysis Of Broiler Production Systems In Urban Areas

A Comparative Profitability Analysis Of Broiler Production Systems In Urban Areas

Abstract

Toaster product is carried out under different product systems and different product systems indicate variations in cost of inputs and

returns. This study looked at the cost counteraccusations of raising cookers under different product systems as well as constraints faced by the growers. The

study was conducted in Edo State of Nigeria. The data used in the study were attained from across-sectional check of toaster growers in the State from

October – December, 2013. Amulti-stage slice process was used to elect the 211 repliers for this study. The data collected were anatomized using

descriptive statistics, profitability rates and multiple retrogression models. A five point Likert scale was used to judge position of inflexibility of the constraints

faced by the growers. The study showed that the mean age of growers that espoused the battery pen systemwas 48 times and 46 times for the growers that

habituated deep waste system. The Gross periphery analysis gave a value of N 2,422.24 and a Net ranch Income( NFI) of N 2,412.40 per raspberry for battery pen system

while the deep waste system had a gross periphery of N 1,601.77 and NFI of N 1,593.80 per raspberry. The profitability rates showed Rate of Return on Investment RRI

91.69), Return on Labour RL( N18.03), Return on Feed RF( N144.22) and Return Per Naira invested RNI( N0.91) for the battery

pen system as against Rate of Return on Investment RRI(70.74), Return on Labour RL( N30.28), Return on Feed RF( N117.95), and Return Per Naira Invested

RNI( N0.71) for the deep waste system. This shows that both systems were profitable in the study area. The Return per

Naira Invested( RNI) showed that for every N1 invested a return of 91 kobo and 71 kobo accrued to the planter for battery pen

and deep waste systems independently. Only three variables in the retrogression model were set up to be statistically significant( P<0.05), these were feed

cost, electricity, and purchase cost of day old juvenile for both the battery pen and deep littersystems. Feed cost was the major determinants of profit

accruing to the growers.