Prepare Poultry farming business … Contribution profit margin: per egg or chicken # This is a key measure (metric) to have at your fingertips when running or starting a poultry farm . Demand for poultry products is always high and the population of consumers is increasing. Since a crate contains 30 eggs, 80 eggs per day will be 2.6 crates per day. For example, you can start with 50 chickens and you can also start with 10,000 chickens as well. PROFITABILITY OF POULTRY FARMING IN NIGERIA. A knowledge-driven hub dedicated to promoting self reliance & entrepreneurship. Under normal condition, 100 birds should lay over 80 eggs per day. stream In fact, due to the rising demand for poultry products, Nigeria still imports poultry products. So, what is the profitability of poultry farming business in Nigeria? Poultry Farming business can be done with low capital or huge capital depending on individual capacity. These imports make up for the shortfall in demand. Now, provided you have all these on ground, and you wish to start a poultry farm with N150,000: And point of lay (16 – 17 weeks) = N1,400, Let’s assume you wish to deal with layers, If you intend to start with 100 birds, starting from a day old chick, Which means 100 birds should eat 150kg chick mash for one month (4 weeks), 150kg is 6 bags of chick mash as 1 bag weighs 25kg, This feeding will continue for another 4 weeks, Meaning another 6 bags, making 12 bags for the first 8 weeks, Presently, a bag of chick mash range between N3600 and N3700, **3700 multiplied by 12 bags gives N44, 400**, For the next 8 weeks, birds should feed on chick grower, A bird should feed on 4kg feed for 8 weeks, Hence 100 birds should feed on 400kg feed, That means the birds will feed on 16 bags for another 8 weeks, At 16 weeks, birds start to feed on layers mash, From the 16th week to the 20th week, a single bird should feed on 2kg, Hence, 100 birds will feed on 200kg which means 8 bags of layers mash, Therefore, 2900 multiplied by 8 bags should give N23, 200, The total amount of feeds used for the 20 weeks is, **N23, 200 +N 46, 400 + N44, 400 = N114, 000**, Activities such as vaccinating, drugs, deworming and debeaking of 100 birds can cost as much as N15, 000. Because Fredrick and his wife will expect the farm enterprise to pay them back for the equivalent value of employed labour lost in savings to start the farm. Some of the imported poultry products comprise of frozen chicken, turkey and … Since a crate contains 30 eggs, 80 eggs per day will be 2.6 crates per day. Save my name, email, and website in this browser for the next time I comment. He has been rearing poultry in his farm, located in Muhazi, Rwamagana district for ten years now. Andrew Butare is the chairman of the Rwanda Poultry Association. Live fast and die young appears to be the motto of those chicken farms. people only making money now because feed price now lower. He is also a farmer. An Assessment of the Potential Profitability of Poultry Farms A Broiler Farm Feasibility Case Study Introduction Poultry farms are farms that raise chickens, ducks, turkeys, and other birds for meat or egg production. This is mainly due to the increasing demand for poultry products among Nigerians. Birds should start laying from the 21st week. We provide series of practicable business, blogging and life advice to offline & online entrepreneurs, as we encourage business creation. Quick Cost Estimate & Profitability Analysis of Poultry Farming Business, How to start a fish farm in Nigeria and profit, How to write a fish farming business plan and get a loan, 5 Tips for Succeeding in Your Own Small Business, 5 Ways to Improve Your Sales Team’s Productivity, Is Having A Limited Budget Taking A Toll On Your Marketing Dreams? <>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 15 0 R 21 0 R] /MediaBox[ 0 0 595.5 842] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> France& spain still churning out cage eggs,and huge quantity coming out of Poland.U.K supermarkets can't get enough of these cage eggs. x��=�r7���?��Lt;����:����/�ڙ �<4�ɱ�nK�d��/��#Gu�wf�a�Y $��3Q�g_v�?�/�o�w����W��w��w��Ň�����'�㳇���b(��=| �J�'�z�� ��˦/�n>�JY��]�����ۇ�,^.�qq����Gm��^�~���͢x�����R48�s�^�������ۍ�����k��n�S�B���no�2���q������N�����ں.ǖ��͢�jzt�Mۖ��fI?�.��ӟ��O���~� RGm���Ņ�Q ���e����n�.�޷9���p����~��&�h�Nz������?ꅨ�.�nS)*��Qvl_��Qvb��&�x��m�ϔ�ߖ�\� ����*�k�f�T~h�ݏ{M%͹�څ�d��ފ�lՋ��]S��}��:�J+�r�lZ3rӊ!��f���J��b+��3��43�#���I��b�n�m�آ~�z)E~��>��Z�O���Eۈ�@~Xv�b�� �V��+e]V��s�}��c�џ��G:v/���X/4�f����s��HA+���خ��3�� ����/��OxRg�������&o�m�w� Z,�ؔ}[Ԣ�d� Ɍ��[b�dU����]�U��jP���b.>x���F��f���fUW����W�-r�������l�)�����VoK��� PpxxPm!$9,|�� You’ll also need: Also Read: How to start a fish farm in Nigeria and profit. You have entered an incorrect email address! The contribution of poultry farming to livestock production and gross domestic product was 58.2% (Amos, 2006). Mortality is inevitable, however good maintenance culture will reduce the death rate to the minimal. These are his findings... Hen housing Fredrick chooses a 1+2 layer farm rearing model. He aims for a la… Please note that the analysis made is based on estimate. However, farmers should not expect to break even after the first cycle not unless they are working with thousands of birds. … endobj Tips for Poultry Farming Project: Purchase healthy chickens for your farm. We will still need to account for these costs within the model. Broiler farming, therefore, carrying 6-times the deep clean cost of an equivalent layer farm. Poultry farming has become huge business in Nigeria. %���� Choose Your Poultry Area of Interest. <>>> <> Poultry Farming Profitability. You will need the following, and the cost is dependent on certain factors. endobj That is half of a bag, A bag cost N3,100. This means 90 birds survived after 12 months, Birds at that mature stage should sell for at least N1,200, N1,200 multiplied by 90 birds should give N108,000, Sum of money generated in a year; N108, 000 + N190, 000 = N298, 000, Remember, we estimated total expenses to be N150, 000.