Comparative Analysis of the Economic Performance of Pigs and Broiler Production in Delta State, Nigeria


Comparative Analysis of the Economic Performance of Pigs and Broiler Production in Delta State, Nigeria

Ejenavi Freeborn, Adade Baa Famous

Ejenavi Freeborn, Adade Baa Famous "Comparative Analysis of the Economic Performance of Pigs and Broiler Production in Delta State, Nigeria" Published in International Journal of Trend in Research and Development (IJTRD), ISSN: 2394-9333, Volume-9 | Issue-3 , June 2022, URL: http://www.ijtrd.com/papers/IJTRD25205.pdf

The study examined the “Comparative Analysis of Broiler Production and Fattening Pigs in Delta Central Agricultural Zone of Delta State, Nigeria. A total of 160 respondents were randomly selected and they comprise 80 broiler producers and 80 farmers fattening pigs. Data were collected using a well-structured questionnaire and were analyzed by means of descriptive statistics, the Gross Margin analysis andfarm performance ratios such as Benefit Cost Ratio (BCR) and Return on investment. A multiple regression analysis was also carried out to determine the factors that have statistical significant influence on revenue from both enterprises. The results of the analysis showed that gross margin (N per Kilogramme) in piggery production was higher than broiler production by 16.1% and the difference was statistically significant at 5%. The net return per kilogramme(in naira) was also statistically significantly higher in piggery than broiler production at 5%. Both enterprises had benefit-cost ratios above one, indicating that they are profitable ventures. But fattening pigs was more profitable, with a Benefit-Cost Ratio of 3.85 compared to 2.48 for broiler production and the mean difference was statistically significant at 1%. Fattening pigs also produced a higher return on investment of 2.85 as against 1.48 for broiler production, with a statistically significant mean difference at 1%. The results of the regression analysis found three variables (educational level, years of experience in poultry production and type of poultry house) to have had positive significant influence on output and revenue in broiler production. On the other hand, sex, educational level and experience as well as type of housing had positive statistically significant influence on revenue from the fattening of pigs at 1% and 5% respectively.

Fattening Pigs, Broiler Production, comparative analysis, Nigeria


Volume-9 | Issue-3 , June 2022

2394-9333

IJTRD25205
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