Allocative efficiency of feeds among poultry farmers in Delta State, Nigeria

Achoja Felix Odemero
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Achoja Felix Odemero: Department of Agricultural Economics and Extension, Delta State University

Russian Journal of Agricultural and Socio-Economic Sciences, 2013, vol. 14, issue 2, 26-33

Abstract: Efficiency and profitability are the objectives of poultry production. Investigating allocative efficiency of feeds will bring development to the poultry industry in Nigeria. Using a set of structured questionnaire, primary data were collected from 60 poultry farmers (30 broiler farmers and 30 layer farmers). Collected data were analyzed using a combination of descriptive and inferential statistics (regression model), convectional profit model and feed use efficiency model. The result revealed that the shadow price of a 25kg bag of layer mash (N=2498.2) is less than the ruling price (Market price) of N2500 by N1.8. The result further shows a shadow price of N1991.4. for broiler mash. This is less than the ruling price (market price) of N2000 by N8.6. That at the ruling price of feeds, egg producers and broiler producers should decrease the quantity of feeds consumed per bird and that farmers should buy feeds directly through cooperatives from feed producing companies to enjoy the advantage of price efficiency.

Date: 2013
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