The study analyses the profitability of poultry egg production in Etim Ekpo Local Area of Akwa Ib... more The study analyses the profitability of poultry egg production in Etim Ekpo Local Area of Akwa Ibom State. Primary data were collected from 75 poultry egg producers selected through a multi-stage sampling technique, using a structured questionnaire. Percentage, frequency and budgetary analysis were used to analyze the data. The findings revealed that majority of poultry egg producers were male representing about 71% of the poultry egg producers, and the mean age was 41 years. The study revealed that, the poultry egg producers in the study area had one form of education or the other which significantly contributed to increase in poultry egg production in the study area.About 83% of the poultry egg producers were married, while the average household size was 4 persons per family. Only 27% of the poultry egg producers accepted that, they belong to Cooperative Society and about 69% had an average income that stood at ₦70,800 per month. With respect to the profitability of poultry egg pr...
Nigerian Journal of Agriculture and Agricultural Technology (NJAAT), 2022
The study evaluated the poultry feed market situation in the rural peri-urban area of Akwa Ibom S... more The study evaluated the poultry feed market situation in the rural peri-urban area of Akwa Ibom State, Nigeria. The study analyzed demand trend of the different types of feed in the study area, determine the supply pattern of the different types of poultry feed in Ikono Local Government Area. Simple random sampling technique was used to select 160 farms and structured questionnaire was administered on 144 farmers that sufficiently responded to the questionnaire for inclusion in the statistical analysis. Descriptive statistics such as mean, frequency, percentages, incidence index analysis and factor analysis were used to analyze the specific objectives. Analysis of the feed brand preference among poultry farmers in the study area showed that 69% of the farmers used Top Feed, about 19% of the farmers used Hybrid feed while 7% of the farmers used Amo Byng Feed. It was gathered that Top Feed was the most preferred feed used in Ikono Local Government Area. The study therefore concluded that to enable farmers maximize profit, there is need for them to choose feed brands that are easily available in the shop, support growth and fast weight gain. Recommendations were directed towards manufacturer's improvement in production, effective distribution methods and access to credit facilities.
European Journal of Theoretical and Applied Sciences
This study assessed the economics of catfish farming in Makurdi Local Government Area of Benue St... more This study assessed the economics of catfish farming in Makurdi Local Government Area of Benue State. Snowball sampling techniques was used in selecting 84 catfish famers for the study. Data was collected through the use of structured questionnaire, administered to the selected catfish famers. Data were analyzed using descriptive statistics, net farm income and multiple regression analysis. Costs and return structure showed a mean value cost of production N1, 151, 460.67 with mean revenue of N1, 788, 663 and a gross margin of N703, 776.33. Gross ratio and operating ratio were 1.55 and 0.61, respectively; while, return per naira invested was 61k. The greater than one value of gross ratio indicated that catfish farming was profitable; while a less than one operating ratio shows that catfish farmers were efficient in managing costs. The result of the regression showed that fingerlings have a positive and statistically significant at 1%, feed at 5% and the f-value is significant at 1%. ...
European Journal of Theoretical and Applied Sciences
This study focused on the economics of rice production in Ibi LGA, Taraba State, Nigeria. Primary... more This study focused on the economics of rice production in Ibi LGA, Taraba State, Nigeria. Primary data were collected from 150 respondents through the use of multi-stage random sampling techniques with the aid of structured questionnaire. The statistical tools used to analyze the data were descriptive statistics, profitability model and multiple regression analytical technique were used. The socio-economic characteristics of the respondents indicates that; 52 % were male, 95% were below 60 years of age, 73% were married, 94% had less than 10 persons in their households, 89% had one form of education or the other, 81% had experience of less than 10 years. The total variable cost of the rice farming was ₦111,140 with labour and fertilizer having the highest share (30% and 29%) respectively, the total fixed cost was ₦32,165, gross margin and gross income was ₦322,445 and ₦465,750 respectively and for every naira invested, 2.25 naira was returned. The regression analysis revealed double...
Nigerian Journal of Agriculture and Agricultural Technology
The study evaluated the poultry feed market situation in the rural peri-urban area of Akwa Ibom S... more The study evaluated the poultry feed market situation in the rural peri-urban area of Akwa Ibom State, Nigeria. The study analyzed demand trend of the different types of feed in the study area, determine the supply pattern of the different types of poultry feed in Ikono Local Government Area. Simple random sampling technique was used to select 160 farms and structured questionnaire was administered on 144 farmers that sufficiently responded to the questionnaire for inclusion in the statistical analysis. Descriptive statistics such as mean, frequency, percentages, incidence index analysis and factor analysis were used to analyze the specific objectives. Analysis of the feed brand preference among poultry farmers in the study area showed that 69% of the farmers used Top Feed, about 19% of the farmers used Hybrid feed while 7% of the farmers used Amo Byng Feed. It was gathered that Top Feed was the most preferred feed used in Ikono Local Government Area. The study therefore concluded t...
The study analyses the profitability of poultry egg production in Etim Ekpo Local Area of Akwa Ib... more The study analyses the profitability of poultry egg production in Etim Ekpo Local Area of Akwa Ibom State. Primary data were collected from 75 poultry egg producers selected through a multi-stage sampling technique, using a structured questionnaire. Percentage, frequency and budgetary analysis were used to analyze the data. The findings revealed that majority of poultry egg producers were male representing about 71% of the poultry egg producers, and the mean age was 41 years. The study revealed that, the poultry egg producers in the study area had one form of education or the other which significantly contributed to increase in poultry egg production in the study area.About 83% of the poultry egg producers were married, while the average household size was 4 persons per family. Only 27% of the poultry egg producers accepted that, they belong to Cooperative Society and about 69% had an average income that stood at ₦70,800 per month. With respect to the profitability of poultry egg pr...
Nigerian Journal of Agriculture and Agricultural Technology (NJAAT), 2022
The study evaluated the poultry feed market situation in the rural peri-urban area of Akwa Ibom S... more The study evaluated the poultry feed market situation in the rural peri-urban area of Akwa Ibom State, Nigeria. The study analyzed demand trend of the different types of feed in the study area, determine the supply pattern of the different types of poultry feed in Ikono Local Government Area. Simple random sampling technique was used to select 160 farms and structured questionnaire was administered on 144 farmers that sufficiently responded to the questionnaire for inclusion in the statistical analysis. Descriptive statistics such as mean, frequency, percentages, incidence index analysis and factor analysis were used to analyze the specific objectives. Analysis of the feed brand preference among poultry farmers in the study area showed that 69% of the farmers used Top Feed, about 19% of the farmers used Hybrid feed while 7% of the farmers used Amo Byng Feed. It was gathered that Top Feed was the most preferred feed used in Ikono Local Government Area. The study therefore concluded that to enable farmers maximize profit, there is need for them to choose feed brands that are easily available in the shop, support growth and fast weight gain. Recommendations were directed towards manufacturer's improvement in production, effective distribution methods and access to credit facilities.
European Journal of Theoretical and Applied Sciences
This study assessed the economics of catfish farming in Makurdi Local Government Area of Benue St... more This study assessed the economics of catfish farming in Makurdi Local Government Area of Benue State. Snowball sampling techniques was used in selecting 84 catfish famers for the study. Data was collected through the use of structured questionnaire, administered to the selected catfish famers. Data were analyzed using descriptive statistics, net farm income and multiple regression analysis. Costs and return structure showed a mean value cost of production N1, 151, 460.67 with mean revenue of N1, 788, 663 and a gross margin of N703, 776.33. Gross ratio and operating ratio were 1.55 and 0.61, respectively; while, return per naira invested was 61k. The greater than one value of gross ratio indicated that catfish farming was profitable; while a less than one operating ratio shows that catfish farmers were efficient in managing costs. The result of the regression showed that fingerlings have a positive and statistically significant at 1%, feed at 5% and the f-value is significant at 1%. ...
European Journal of Theoretical and Applied Sciences
This study focused on the economics of rice production in Ibi LGA, Taraba State, Nigeria. Primary... more This study focused on the economics of rice production in Ibi LGA, Taraba State, Nigeria. Primary data were collected from 150 respondents through the use of multi-stage random sampling techniques with the aid of structured questionnaire. The statistical tools used to analyze the data were descriptive statistics, profitability model and multiple regression analytical technique were used. The socio-economic characteristics of the respondents indicates that; 52 % were male, 95% were below 60 years of age, 73% were married, 94% had less than 10 persons in their households, 89% had one form of education or the other, 81% had experience of less than 10 years. The total variable cost of the rice farming was ₦111,140 with labour and fertilizer having the highest share (30% and 29%) respectively, the total fixed cost was ₦32,165, gross margin and gross income was ₦322,445 and ₦465,750 respectively and for every naira invested, 2.25 naira was returned. The regression analysis revealed double...
Nigerian Journal of Agriculture and Agricultural Technology
The study evaluated the poultry feed market situation in the rural peri-urban area of Akwa Ibom S... more The study evaluated the poultry feed market situation in the rural peri-urban area of Akwa Ibom State, Nigeria. The study analyzed demand trend of the different types of feed in the study area, determine the supply pattern of the different types of poultry feed in Ikono Local Government Area. Simple random sampling technique was used to select 160 farms and structured questionnaire was administered on 144 farmers that sufficiently responded to the questionnaire for inclusion in the statistical analysis. Descriptive statistics such as mean, frequency, percentages, incidence index analysis and factor analysis were used to analyze the specific objectives. Analysis of the feed brand preference among poultry farmers in the study area showed that 69% of the farmers used Top Feed, about 19% of the farmers used Hybrid feed while 7% of the farmers used Amo Byng Feed. It was gathered that Top Feed was the most preferred feed used in Ikono Local Government Area. The study therefore concluded t...
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