This research work was analysed the cost and returns of poultry egg production in Odeda Local Government Area of Ogun State. Primary data was collected from 90 poultry egg farmers drawn from the study area by a simple random sampling technique. The data collected were analysed using descriptive, budgetary, regression analysis and likert scale.
The socio-economic characteristics of the farmers were determined using descriptive method to find out their various frequencies like in Age, Household size, Farming Experience.
Regression analysis was used to measure the relationship between output of egg and the independent variables (feed, vaccines, fuel, drugs, flock size, labour, water and depreciation cost on equipments). The adjusted R2 is 75.3% which means that 75.3 % of the variables in the model are explainable while the others are unexplainable variables i.e. 24.7% which are residents in the error term.
It was discovered that cost of feed, flock size and the quantity of water conform with apriori expectation and are statistically significant with the output of egg produced while cost of fuel, labour, cost of drugs and vaccines and depreciation cost on equipments were not significantly related to the output of egg produced.
The constraints facing the farmers was investigated with the use of likert scale, it was discovered that the farmers are faced with 3 major constraints to poultry egg production in the study area, which are High Cost of Feed , High Cost of Inputs such as drugs and vaccines, Susceptibility to Diseases and Sensitivity to Environmental Factors.
TABLE OF CONTENTS
Title page I
Certification II
Dedication III
Acknowledgement IV
Abstract V
Table of contents VI
List of tables IX
CHAPTER ONE: INTRODUCTION
1.0 Background of the study 1
1.1 Problem statement 3
1.2 Research Questions 5
1.3 Objectives of the study 5
1.4 Justification 6
CHAPTER TWO: LITERATURE REVIEW
2.1 Conceptual Framework 8
2.1.1 Definition of Poultry 8
2.1.2 Global Perspective of Poultry Production 8
2.1.3 Management of poultry enterprise 10
2.1.4 Feeds/Nutrition 12
2.1.5 Problems Associated with Poultry Production 13
2.2 Theoretical Framework 14
2.2.1Production Function and Production Relationship 14
2.2.2 Factor-Product Relationship 15
2.2.3 Factor-Factor Relationship 15
2.3.4product-Product Relationship 16
2.3 Analytical Framework 16
2.3.1Multiple Regression Analysis 18
2.3.2 Likert Rating Scale Technique 18
CHAPTER THREE: RESEARCH METHODOLOGY
3.0 The Study Area 19
3.1 Sampling Technique 20
3.2 Method of Data Collection 20
3.3 Analytical techniques 20
3.4 Descriptive Statistics 20
3.5 Farm Budgetary Technique 20
3.6 Multiple regression 22
CHAPTER FOUR: RESULTS AND DISCUSSION
4.1 Socio economic characteristics of the farmers 23
4.1.1 Demographic Characteristics 23
4.1.2 Description of Respondents by Scale of Production, Access to Extension Agent, Access to Credit, Membership of Cooperative Associations and Types of Production System 24
4.2 Factors That Influence Poultry egg Production 28
4.3 Costs and Returns Structure of Poultry egg production 31
4.4 Constraints to Poultry egg Production 34
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary 36
5.2 Conclusion 37
5.3 Recommendations 38
REFERENCES 39
LIST OF TABLES PAGES
1. Distribution of age, farming experience, sex, marital status, household size and educational level of the poultry egg farmers 26
2. Distribution of Scale of Production, Access to Extension Agent, Access to Credit, Membership of Cooperative Associations and Types of Production System of the Poultry Egg Farmers 27
3. Factors That Influence Poultry egg Production 30
4. Average Cost and Return Analysis 33
5. Constraints to Poultry egg Production in Odeda local government area 34