Cost And Returns In Pig Production / Get A Business Plan And A Feasibility Study
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Background Of The Study On Cost And Returns In Pig Production / Get A Business Plan And A Feasibility Study
Intuitively, with the ever increasing human population in Nigeria, Agricultural product has larger input. Likewise, the virtually static agricultural productivity, the animal protein consumption among Nigerians has increased in the past few years (Okopo, 1999). Many Nigerians feed on carbohydrates. This is because the average man cannot afford the cost of animal protein which is richer in amino-acid.
THE PIG INDUSTRY
1.2 Statement of ProblemUsing Cost And Returns In Pig Production Sample
Economic studies have showed that traditional production system is wasteful and unprofitable due to poor feed conversion, high mortality rates, low reproductive rates and final products (Verhulst, 1993).
Specifically, this study is going to attempt to provide consumers to the following questions:
- Firstly, what are the socio-economic characteristics affecting pig production in the Study Area?
- Secondly, what are the system(s) of pig production in the Study Area?
- Thirdly, what are the cost and returns of producing pig?
- Lastly, what are the constraints associated with pig production in the Study Area?
1.3 OBJECTIVES OF THE STUDY
- Firstly, identify the socio-economic characteristics of pig rearers in the study area.
- Secondly, identify the system(s) of pig production in the study area.
- analyze costs and returns associated with pig production
- Lastly, examine the problems or constraints associated with pig production in the study area.
1.4 SIGNIFICANCE OF THE STUDY
2.0 LITERATURE REVIEW
- Firstly, the origin of pig
- Secondly, breeds of pig
- Thirdly, pig production system
- Problems of pig production in Nigeria research constraints
- Importance of pig
- Reasons to invest in piggery in Nigeria
- Lastly, policies on pig production in Nigeria
3.0 RESEARCH METHODOLOGY
3.1 THE STUDY AREA
3.2 SAMPLING TECHNIQUES
3.3 DATA COLLECTED
production. In addition, data on pig output, farm size, family and hired labour, inputs will be collected.
3.4 METHOD OFDATA ANALYSIS
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Similarly, it shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output. Likewise, how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. Lastly, this will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. However, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.
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