ECONOMIC ANALYSIS OF POULTRY-EGG PRODUCTION IN ODEDA LOCAL GOVERNMENT AREA

ABSTRACT



This research work was analysed the cost and returns of poultry egg production in Odeda Local Government Area of Ogun State. Primary data was collected from 90 poultry egg farmers drawn from the study area by a simple random sampling technique. The data collected were analysed using descriptive, budgetary, regression analysis and likert scale.

The socio-economic characteristics of the farmers were determined using descriptive method to find out their various frequencies like in Age, Household size, Farming Experience.

Regression analysis was used to measure the relationship between output of egg and the independent variables (feed, vaccines, fuel, drugs, flock size, labour, water and depreciation cost on equipments). The adjusted R2 is 75.3% which means that 75.3 % of the variables in the model are explainable while the others are unexplainable variables i.e. 24.7% which are residents in the error term. 

It was discovered that cost of feed, flock size and the quantity of water conform with apriori expectation and are statistically significant with the output of egg produced while cost of fuel, labour, cost of drugs and vaccines and depreciation cost on equipments were not significantly related to the output of egg produced.

The constraints facing the farmers was investigated with the use of likert scale, it was discovered that the farmers are faced with 3 major constraints to poultry egg production in the study area, which are  High Cost of Feed , High Cost of Inputs such as drugs and vaccines, Susceptibility to Diseases and Sensitivity to Environmental Factors.




TABLE OF CONTENTS

Title page  I

CertificationII

DedicationIII

AcknowledgementIV

Abstract V

Table of contents        VI

List of tablesIX


CHAPTER ONE:  INTRODUCTION

1.0Background of the study   1

1.1Problem statement     3

1.2Research Questions    5

1.3Objectives of the study         5

1.4Justification        6


CHAPTER TWO: LITERATURE REVIEW
2.1Conceptual Framework          8

2.1.1Definition of Poultry    8

2.1.2Global Perspective of Poultry Production            8

2.1.3Management of poultry enterprise                   10

2.1.4Feeds/Nutrition    12

2.1.5 Problems Associated with Poultry Production                     13

2.2Theoretical Framework            14

2.2.1Production Function and Production Relationship                   14

2.2.2 Factor-Product Relationship  15

2.2.3 Factor-Factor Relationship     15

2.3.4product-Product Relationship 16

2.3Analytical Framework              16

2.3.1Multiple Regression Analysis  18
2.3.2Likert Rating Scale Technique              18

CHAPTER THREE: RESEARCH METHODOLOGY

3.0The Study Area     19

3.1Sampling Technique    20

3.2Method of Data Collection     20 

3.3Analytical techniques    20

3.4Descriptive Statistics    20

3.5Farm Budgetary Technique   20

3.6Multiple regression                 22


CHAPTER FOUR: RESULTS AND DISCUSSION

4.1Socio economic characteristics of the farmers     23

4.1.1Demographic Characteristics     23

4.1.2Description of Respondents by Scale of Production, Access to Extension Agent, Access to Credit, Membership of Cooperative Associations and Types of Production System                           24

4.2Factors That Influence Poultry egg Production     28

4.3Costs and Returns Structure of Poultry egg production      31

4.4       Constraints to Poultry egg Production                             34


CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION

5.1Summary      36

5.2Conclusion    37

5.3Recommendations    38


REFERENCES   39




LIST OF TABLES  PAGES
1. Distribution of age, farming experience, sex, marital status, household size and educational level of the poultry egg farmers                26

2.Distribution of Scale of Production, Access to Extension Agent, Access to Credit, Membership of Cooperative Associations and Types of Production System of the Poultry Egg Farmers                         27

3.Factors That Influence Poultry egg Production                                  30

4. Average Cost and Return Analysis                                              33

5.   Constraints to Poultry egg Production in Odeda local government area                      34

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APA

Olayemi, A. (2018). ECONOMIC ANALYSIS OF POULTRY-EGG PRODUCTION IN ODEDA LOCAL GOVERNMENT AREA. Afribary. Retrieved from https://tracking.afribary.com/works/economic-analysis-of-poultry-egg-production-in-odeda-local-government-area

MLA 8th

Olayemi, Adeyemi "ECONOMIC ANALYSIS OF POULTRY-EGG PRODUCTION IN ODEDA LOCAL GOVERNMENT AREA" Afribary. Afribary, 21 Mar. 2018, https://tracking.afribary.com/works/economic-analysis-of-poultry-egg-production-in-odeda-local-government-area. Accessed 18 Dec. 2024.

MLA7

Olayemi, Adeyemi . "ECONOMIC ANALYSIS OF POULTRY-EGG PRODUCTION IN ODEDA LOCAL GOVERNMENT AREA". Afribary, Afribary, 21 Mar. 2018. Web. 18 Dec. 2024. < https://tracking.afribary.com/works/economic-analysis-of-poultry-egg-production-in-odeda-local-government-area >.

Chicago

Olayemi, Adeyemi . "ECONOMIC ANALYSIS OF POULTRY-EGG PRODUCTION IN ODEDA LOCAL GOVERNMENT AREA" Afribary (2018). Accessed December 18, 2024. https://tracking.afribary.com/works/economic-analysis-of-poultry-egg-production-in-odeda-local-government-area