ECONOMIC ANALYSIS OF ARTIFICIAL INSEMINATION OF BROILER PRODUCTION IN NIGERIA
Artificial Insemination (AI) in poultry production is a veritable technique in solving the problem of breeding and meeting the increasing demand. This study assesses the economics of artificial insemination in broiler production among sixty randomly selected broiler farmers in Nigeria. The analytic...
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University of Life Sciences in Poznań
2020-11-01
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Series: | Journal of Agribusiness and Rural Development |
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doaj-2cebe8f34a5d4b5fa7a56338452d04452020-11-25T04:05:07ZengUniversity of Life Sciences in PoznańJournal of Agribusiness and Rural Development1899-52411899-57722020-11-0157310.17306/J.JARD.2020.01237ECONOMIC ANALYSIS OF ARTIFICIAL INSEMINATION OF BROILER PRODUCTION IN NIGERIAGrace Oluwabukunmi Akinsola0Matthew AdewumiAbraham FalolaEzekiel OjediranAbiodun JimohUniversity of Ilorin Artificial Insemination (AI) in poultry production is a veritable technique in solving the problem of breeding and meeting the increasing demand. This study assesses the economics of artificial insemination in broiler production among sixty randomly selected broiler farmers in Nigeria. The analytical techniques employed include descriptive statistics, gross margin analysis, and stochastic frontier. The result discovered that most of the farmers are male and are at their prime age. Majority of the livestock farmers have some form of formal education and a minimum of 5 (five) year experience in poultry farming. The capital was mostly sourced from the bank. Majority of the farmers has a stock size of more than 25,000 birds. They have a gross margin of N341, 933,406. Only 20% of gross income was used for operating expenses with a return on capital invested of 4.3. The mean technical efficiency was 80.70%. Feed, vaccine and stock size were statistically significant in determining efficiency while education and extension visits are the statistically significant variable influencing technical inefficiency. It is therefore recommended that affordable and accessible input, as well as training should be made available to farmers to achieve self-sufficiency and improve the economy. http://www1.up.poznan.pl/jard/index.php/jard/article/view/1237 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Grace Oluwabukunmi Akinsola Matthew Adewumi Abraham Falola Ezekiel Ojediran Abiodun Jimoh |
spellingShingle |
Grace Oluwabukunmi Akinsola Matthew Adewumi Abraham Falola Ezekiel Ojediran Abiodun Jimoh ECONOMIC ANALYSIS OF ARTIFICIAL INSEMINATION OF BROILER PRODUCTION IN NIGERIA Journal of Agribusiness and Rural Development |
author_facet |
Grace Oluwabukunmi Akinsola Matthew Adewumi Abraham Falola Ezekiel Ojediran Abiodun Jimoh |
author_sort |
Grace Oluwabukunmi Akinsola |
title |
ECONOMIC ANALYSIS OF ARTIFICIAL INSEMINATION OF BROILER PRODUCTION IN NIGERIA |
title_short |
ECONOMIC ANALYSIS OF ARTIFICIAL INSEMINATION OF BROILER PRODUCTION IN NIGERIA |
title_full |
ECONOMIC ANALYSIS OF ARTIFICIAL INSEMINATION OF BROILER PRODUCTION IN NIGERIA |
title_fullStr |
ECONOMIC ANALYSIS OF ARTIFICIAL INSEMINATION OF BROILER PRODUCTION IN NIGERIA |
title_full_unstemmed |
ECONOMIC ANALYSIS OF ARTIFICIAL INSEMINATION OF BROILER PRODUCTION IN NIGERIA |
title_sort |
economic analysis of artificial insemination of broiler production in nigeria |
publisher |
University of Life Sciences in Poznań |
series |
Journal of Agribusiness and Rural Development |
issn |
1899-5241 1899-5772 |
publishDate |
2020-11-01 |
description |
Artificial Insemination (AI) in poultry production is a veritable technique in solving the problem of breeding and meeting the increasing demand. This study assesses the economics of artificial insemination in broiler production among sixty randomly selected broiler farmers in Nigeria. The analytical techniques employed include descriptive statistics, gross margin analysis, and stochastic frontier. The result discovered that most of the farmers are male and are at their prime age. Majority of the livestock farmers have some form of formal education and a minimum of 5 (five) year experience in poultry farming. The capital was mostly sourced from the bank. Majority of the farmers has a stock size of more than 25,000 birds. They have a gross margin of N341, 933,406. Only 20% of gross income was used for operating expenses with a return on capital invested of 4.3. The mean technical efficiency was 80.70%. Feed, vaccine and stock size were statistically significant in determining efficiency while education and extension visits are the statistically significant variable influencing technical inefficiency. It is therefore recommended that affordable and accessible input, as well as training should be made available to farmers to achieve self-sufficiency and improve the economy.
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url |
http://www1.up.poznan.pl/jard/index.php/jard/article/view/1237 |
work_keys_str_mv |
AT graceoluwabukunmiakinsola economicanalysisofartificialinseminationofbroilerproductioninnigeria AT matthewadewumi economicanalysisofartificialinseminationofbroilerproductioninnigeria AT abrahamfalola economicanalysisofartificialinseminationofbroilerproductioninnigeria AT ezekielojediran economicanalysisofartificialinseminationofbroilerproductioninnigeria AT abiodunjimoh economicanalysisofartificialinseminationofbroilerproductioninnigeria |
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