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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Main Authors: Grace Oluwabukunmi Akinsola, Matthew Adewumi, Abraham Falola, Ezekiel Ojediran, Abiodun Jimoh
Format: Article
Language:English
Published: University of Life Sciences in Poznań 2020-11-01
Series:Journal of Agribusiness and Rural Development
Online Access:http://www1.up.poznan.pl/jard/index.php/jard/article/view/1237
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spelling 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.
url http://www1.up.poznan.pl/jard/index.php/jard/article/view/1237
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AT ezekielojediran economicanalysisofartificialinseminationofbroilerproductioninnigeria
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