Risk Coping Behaviour of Small Scale Poultry Farmers in Ogun State, Nigeria

2013 ◽  
Vol 8 (6) ◽  
pp. 786-795
Author(s):  
Abimbola O. Adepoju ◽  
Omowunmi A. Timothy ◽  
Abayomi S. Oyekale
Keyword(s):  
Small Scale ◽  
Coping Behaviour ◽  
Ogun State ◽  
Poultry Farmers ◽  
Risk Coping

scholarly journals Effects of credit rationing on the returns of poultry farmers in Ogun State, Nigeria

2020 ◽  
Vol 45 (3) ◽  
Author(s):  
W. A. Yusuf ◽  
R. O. Agbontafara ◽  
S. A. Yusuf
Keyword(s):  
Interest Rate ◽  
Credit Rationing ◽  
Multinomial Logit ◽  
Small Scale ◽  
Gross Margin ◽  
Ogun State ◽  
Personal Savings ◽  
Poultry Farmers ◽  
Small Scale Farmers ◽  
Margin Analysis

In Nigeria, agricultural credit has long been identified as a major input in the development of the agricultural sector. Thus, the study was carried out in order to examine the effects of credit rationing on the returns of poultry farmers in Ogun state, Nigeria. In the study, primary data obtained from 120 farmers through the use of questionnaires were used. The data were analysed using descriptive statistics, multinomial logit model and gross margin analysis. The result revealed that 59.22% of the sampled farmers obtained their capital from personal savings while 18.45% and 14.56% of them sourced theirs from cooperative organisations and banks, respectively. The study also affirmed that many of the farmers who source for credit outside their personal savings preferred getting credit from cooperative associations/savings associations because the source was less collateral-demanding, charges relatively lower interest rates, required bearable procedures and conditions for borrowing credit. The multinomial logit analysis showed that interest rate was significant at 5%level under cooperative/savings association sources. This implied that interest rate was a determining factor for sourcing credit from cooperative associations. The regression result also showed that interest rate on credit and distance of the farm households from credit source, contributed negatively, while gender and collateral contributed positively to the returns of poultry farmers. The result of the gross margin analysis showed that the total variable cost incurred by the farmers increased as the amount of credit/loan received increased. Hence, the informal finance providers were the backbone of small scale farmers. It is therefore recommended that the bureaucratic procedures for obtaining credit, from formal sources, should bemade flexible enough to accommodate small scale farmers.

Economic feasibility of mobile processing units for small-scale pasture poultry farmers

2015 ◽  
Vol 31 (5) ◽  
pp. 387-401 ◽  
Author(s):  
Simone Angioloni ◽  
Genti Kostandini ◽  
Walid Q. Alali ◽  
Corliss A. O'Bryan
Keyword(s):  
The United States ◽  
Economic Feasibility ◽  
Small Scale ◽  
Processing Capacity ◽  
United States Department ◽  
Department Of Agriculture ◽  
Processing Cost ◽  
Poultry Farmers ◽  
On Farm ◽  
Published Research

AbstractThe use of mobile processing units (MPUs) for pasture poultry is growing rapidly. This study compared the economic feasibility of MPUs to two processing alternatives, traditional stationary processing on-farm plants and off-farm processing facilities. Our study combined a survey of pasture poultry farmers in Georgia, Louisiana, and Arkansas with the published research. Our findings suggest that MPUs and traditional on-farm processing alternatives have a lower processing cost, but that they require a higher initial investment than the off-farm option. In addition, off-farm processing at the United States Department of Agriculture-inspected facility allows selling products for a higher price. We therefore expect, on average, a higher per-bird profit than with the other two options. However, the excess processing capacity of the MPU can make this option the most profitable.

scholarly journals Effect of Microcredit on Profit Efficiency of Small-Scale Poultry Farmers Oyo State, Nigeria

Agricultura ◽  
2021 ◽  
Vol 17 (1-2) ◽  
pp. 37-46
Author(s):  
Ronke Victoria Orimogunje ◽  
Ayodeji Sunday Ogunleye ◽  
Ayodeji Damilola Kehinde
Keyword(s):  
Stochastic Frontier ◽  
Tobit Model ◽  
Selection Model ◽  
Descriptive Statistics ◽  
Small Scale ◽  
Poultry Production ◽  
Profit Efficiency ◽  
Factors Influencing ◽  
Poultry Farmers ◽  
Significant Factors

This study investigated the effect of microcredit on profit efficiency of small-scale poultry farmers in Oyo State. Multistage sampling procedure was used to select two hundred poultry farmers for the study. Data collected were analysed using descriptive statistics, Heckman selection model, stochastic frontier and Tobit models. Result from descriptive statistics showed that men (78%) are predominantly involved in poultry production. The average age of poultry farmers in the area of study is approximately 43 years. Most of the farmers are married (77.5%) and literate (80.5%). Furthermore, most of the respondents (73.5%) had access to microcredit with 87.5% belonging to one farmer’s association or the other. Heckman two-stage selection model revealed that membership of cooperative/farmer’s association and contact with extension agent are the significant factors influencing farmer’s access to microcredit. The second stage of the model reveals that age, years of education, household size, years of farming experience, distance to source of microcredit, timeliness of microcredit and stock size are the significant factors influencing the amount of microcredit obtained by farmers. Results obtained from the stochastic frontier model showed that smallholder poultry farmers had an average profit efficiency of 54.0% in poultry production. Furthermore, the Tobit model (Model 1) results revealed that amount of microcredit, distance to source of microcredit, interest rate and loan repayment period significantly influenced farmer’s profit efficiency while in the second model, years of formal education, poultry farming experience and membership of cooperative/farmer’s association influenced farmer’s profit efficiency. The results of two-side censored Tobit model suggest that microcredit variables are the most favourable variables for line of action. This suggested that policy makers should ensure that microcredit available through the agricultural credit programmes get to the needy farmers.

scholarly journals Challenges of poultry production in Nigeria: A review

2020 ◽  
Vol 45 (1) ◽  
pp. 252-258
Author(s):  
F. U. Anosike ◽  
G. Z. Rekwot ◽  
O. B. Owoshagba ◽  
S. Ahmed ◽  
J. A. Atiku
Keyword(s):  
Poor Quality ◽  
Animal Protein ◽  
High Rate ◽  
Poultry Feed ◽  
Small Scale ◽  
Poultry Production ◽  
Supply Source ◽  
Human Needs ◽  
Foreign Earnings ◽  
Poultry Farmers

This study provides a review on the challenges facing poultry production in Nigeria and the possible solution. The study considered the socio-economic roles of poultry to include; means of livelihood and a way of achieving a certain level of economic independence, meeting human needs for dietary animal protein supply, source of foreign earnings and opportunities for saving, investment and security against risks for small-scale poultry farmers. This paper reviewed the challenges of poultry production in Nigeria and how the rate of production in the industry has slowed down. These challenges included; high rate of disease and pest attack, lack of loan and credit procurement, lack of technical knowledge, high rate of mortality, high cost of poultry feed, supply of poor quality chicks, inadequate poultry extension services, and inadequate access to and high cost of veterinary services, as reported by Possible solutions to these challenges are not farfetched, which included; intervention of veterinary in order to cub losses due to diseases, technical know-how for improving production should be made available to poultry keepers through extension service, poultry farmers should be encouraged to form cooperative societies or join existing one to be able to access loan for their business and addressing these challenges will prove vital to increase production, increase animal protein availability and consumption, and reduce the rate of food insecurity.

Economic analysis of fish processing and marketing in Ogun Waterside Local Government, Ogun State, Nigeria

2015 ◽  
Vol 42 (2) ◽  
pp. 235-245
Author(s):  
O. J. Olaoye ◽  
D. A. Adegbite ◽  
E. O. Oluwalana ◽  
S. S. Ashley- Dejo ◽  
O. A. Adelaja ◽  
...  
Keyword(s):  
Local Government ◽  
Economic Analysis ◽  
Bank Loan ◽  
Primary Data ◽  
Small Scale ◽  
Cost Ratio ◽  
Fish Processing ◽  
Gross Margin ◽  
Single Digit ◽  
Ogun State

This study examined the economic analysis of fish processing and marketing in Ogun Waterside Local Government Area of Ogun State, Nigeria using structured, validated and pre-tested interview schedules to collect primary data from one hundred and thirteen respondents. Descriptive analysis was used to analyze the socio-economic characteristics, access to productive resources and constraints faced by fish processors while budgetary analysis was used to determine profitability. The result reveals that 99.0% of the respondents were females, 57.4% were within their active economic age group (41 - 50 years), about 50.0% were educated and 82.3% were married. The scale of operation was on small scale level. The result of the budgetary analysis show that average total cost of N53,530.08 was incurred, average total revenue of N58,340.71 was realized and a returning gross margin of N37,088.44. The profitability ratio gave a benefit-cost ratio of 1.089 and expense structure ratio of 0.0603. This is an indication that fish processing business is profitable and viable in the study area. Despite the high profitability of the business, fish processors identified lack of collateral security for bank loan (96.5%), erratic power supply (92.0%) and lack of modern fish processing facilities (43.4%) as their most prevailing problems. With this high level of profitability and viability in fish processing and marketing, it is recommended that Government, cooperative societies, private bodies and non-governmental organizations should provide basic amenities such as storage facilities, electricity, transportation facilities and modern fish processing facilities in other to boost fish production in Nigeria as well as single digit Bank loan with civil servants as guarantors as means of collateral security.

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