Original Research Article

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

Ahaotu E.O^1*, Okoro C.N², Onuruka A.C³, Ikpe J.N⁴, and Nwokeforo C.U⁵

¹Department of Animal Science, University of Agriculture and Environmental Sciences Umuagwo, Imo State, Nigeria.
²Department of Cooperative Economics Technology, Imo State Polytechnic Omuma, Nigeria.
³Department of Agricultural Engineering, Imo State Polytechnic Orlu Campus, Nigeria.
⁴Department of Agricultural Technology, Akanu Ibiam Federal Polytechnic, Unwana – Afikpo, Ebonyi State, Nigeria.
⁵Department of Mathematics and Statistics, Imo State Polytechnic Omuma Campus, Nigeria.

*Corresponding Author's E-mail: emmaocy@gmail.com

*Corresponding Author's E-mail: moha0027@yahoo.com
Tel:+249 912589256

Received: 09 March 2023  I  Accepted: 11 April 2023  I  Published: 28 April 2023  I  Article ID: MRJASSS23018
Copyright © 2023 Author(s) retain the copyright of this article.
This article is published under the terms of the Creative Commons Attribution License 4.0.

Abstract

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.

Keywords: Backyard Poultry Keepers, Costs, Egg Production, Net Farm Income, Returns