Profitability and Efficiency of Small Scale Layer Farmers in Osogbo Agricultural Development Programme Zone of Osun State, Nigeria

AYANTOYE; K; AMAO; J. O; FANIFOSI; G. E

Volume : VII, Issue : II, February - 2017

Profitability and Efficiency of Small Scale Layer Farmers in Osogbo Agricultural Development Programme Zone of Osun State, Nigeria

Ayantoye, K, Amao, J. O, Fanifosi, G. E

Abstract :

The study examined the profitability and efficiency of small scale poultry farms in Osun state, Nigeria. Primary data were used for the study which was collected with the aid of well structured questionnaire. Multistage sampling technique was used for the study with a sample size of 65 poultry farmers. Descriptive statistics, Gross margin principle, Data Envelopment Analysis (DEA) and Tobit regression model were used for the analysis of socio economic characteristics, costs/returns, efficiency measure and determinants of efficiency respectively. The results revealed that majority of the poultry farmers were literate and married. The study further revealed that poultry egg production in the study area was profitable during the course of the study. Majority of the poultry egg famers were technically and relatively efficient in their use of resources, with mean technical efficiency being 0.848. The mean input slack for stock, labour and feed were 2.248, 652.690, and 2.861 respectively. All the farmer specific variables had positive effect on technical efficiency at 1 percent level.