Agricultural Journal

Year: 2008
Volume: 3
Issue: 1
Page No. 10 - 13

Economics of Poultry Production in Egba Division of Ogun State

Authors : O. Idowu Adewunmi

Abstract: The study analyzes the profitability level of poultry production in Egba Division of Ogun State. The Study was based on primary data obtained from a cross section of 70 poultry farms and analyzed using descriptive, budgetary and profitability ratio. The study confirms that an average net income across all farms was N3,339,395.2 while average total cost was N3737021.7 per production season. The profitability index, rate of return on investment, rate of return on variable cost and operating ratio established the fact that poultry farming is profitable in the study area. Therefore, it was recommended that for poultry farmers to increase their profitability level they should try to explore avenue of reducing the feed cost which constitute the highest percentage of total variable cost.

How to cite this article:

O. Idowu Adewunmi , 2008. Economics of Poultry Production in Egba Division of Ogun State . Agricultural Journal, 3: 10-13.

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