The gross revenue per bird was ₦2169.99. The Net profit of ₦660.11 per bird was estimated and this gives a net margin-to-cost ratio of 0.44 which implies that a ₦1 investment in broiler production, all things being equal, would yield 44kobo in return. This indicates that the broiler in poultry estate were profitable.
Besides, how do broilers feed faster?
Here are five (5) ways to increase broilers weight:
- Sort the broilers according to their body size and weight. …
- Formulate and give them an excellent broiler feed. …
- Use broiler growth promoter or enhancer. …
- Avoid starving the broiler chickens. …
- Procure quality broiler chicks from reputable sources.
In respect to this, how much does it cost to raise a broiler chicken in Nigeria?
Based on this estimation the starter will cost between N198, 800 – N208, 000, the grower will cost between N200, 000 – N280, 000, while the finisher, could cost N230, 400 – N260, 000. Based on the estimate, you can expect to spend between N500, 000 – N800, 000 to feed the broilers for a number of months.
How much does it cost to start a broiler farm?
Generally speaking, it will cost you anywhere between 5,000 and 25,000 dollars to begin a small scale business in the poultry industry, and this includes the costs of your employees’ salaries for the first three months of operation.
How much does it cost to start a small poultry business in Nigeria?
Cost of Starting A Poultry Farming Business
You can begin with as little as N50,000 (which basically to covers the cost of buying the day-old chicks and feeding them) and get a 100% return on your capital investment within six months.
How much is a bag of broiler feed in Nigeria?
Hendrix Feeds Broiler Finisher Feed (25kg): ₦6,650 – ₦7,650. Hendrix Starter Feed (25kg): ₦7,000 – ₦8,000. Hybrid Broiler Finisher Mash (25kg): ₦5,450 – ₦6,450. Hybrid Chick Mash (25kg): ₦5,000 – ₦6,000.
How much is Agrited day old broiler in Nigeria?
Prices of Broilers Day-Old-Chicks( DOC)
| Hatchery | Prices/bird (Naira) |
|---|---|
| OBJ Marshall | 440 |
| Agrited | 480 |
| NPG | 440 |
| Cascada | 440 |
How much is day old broiler in Nigeria today?
Price of Broiler Chicks Today
| Hatchery | Price |
|---|---|
| Supreme | ₦500 |
| Ajila | ₦500 |
| Obasanjo | ₦530 |
| Farm Support | ₦550 |
How much money do I need to start a poultry farm in Nigeria?
The cost of starting a poultry farm in Nigeria largely depends on the size of your birds. If you are farming over a hundred to one thousand birds, then you would need capital in the range of ₦100,000 to ₦400,000. And within three months, you can accrue profit ranging from ₦200,000 to over ₦3 million.
How much profit does a poultry farm make?
Total annual investment in the farm: Rs 17, 16,000.00 (variable). Total chicken sold @ 6 batches/ year: 12,000. Total sale value/ income from the chicken @ Rs 90/kg: Rs 21, 60,000.00. The total profit on the investment is around: Rs 4, 44,000.00 (annually).
Is raising broilers profitable?
Meat. Raising broilers is one of the quickest ways to create am income from chickens. They only take about 8 weeks to grow to butcher weight. … Depending on laws in your area, you can sell straight from the farm and butcher them yourself at home, which will keep your costs much lower.
Which breed of broiler grow faster?
Cornish Cross Broilers
It is the fastest-growing breed of broiler chicken. It is considered the most productive of all the breed with the lowest food conversion, high growth rate and an ability to grow well on cheaper low density feeds. It will take you about six to eight weeks to grow a Cornish Cross Broiler chicken.
Which broiler breed is the best in Nigeria?
6 best breed of broiler in Nigeria
- Cornish Cross Broilers. It is a fast-growing kind of chicken. …
- Grinphield Marshall. …
- Moyer’s K-22 (also called Red Broilers). …
- Red Broilers. …
- Roaster chicks (also called Moyer’s Broiler or Cornish Giants). …
- Rosambro Broilers.