ISSN 2329-9797
International Journal of Agricultural Economics and Extension ISSN: 2329-9797 Vol. 3 (6), pp. 158-161, June, 2015. © International Scholars Journals
Full Length Research Paper
Economic appraisal of small and medium scale performance in poultry egg production in Ogun State, Nigeria
Zuberu D.K, Oreo L. Dickson and Danlandi F. B
Department of Agricultural Economics and Extension, Faculty of Agriculture, Obafemi Awolowo University, Ife, Nigeria.
*Corresponding author. E-mail: [email protected]
Accepted 20 January, 2015
Abstract
The study was carried out majorly to appraise economically the performance of poultry egg farmers by scale in Ogun State, Nigeria. Specifically, the study examined cost structure and profit level in the industry at different scale levels as well as the factors that determine the revenue of the poultry egg farmers. Purposive sampling procedure was used to select 50 representative poultry egg producer from whom primary data were obtained. The results of data analysis showed that costs of feed constituted the largest share of the total costs for the two categories of farm size. Although, poultry egg production was profitable in the study area, the level of profit depended on the scale of operation. The amount spent on veterinary services was the only significant determining factors of revenue accruable to poultry egg farmers.
Key words: Scale performance, poultry egg production, economic appraisal.