Analysis of Factors Influencing Profitability of Poultry (Broiler) Production Among Credit And Non-Credit Users in Abia State

Abstract

Insufficient funding of poultry farming has limited the spate of development of poultry industry in Abia state, Nigeria. This has often caused low level of production output in the industry.  In this study therefore, the factors influencing profitability of poultry production in Abia state was analyzed.  The study was based on primary data obtained using a multistage random sampling technique, 80 respondents were chosen for the study The data was analyzed using descriptive statistics and multiple regression. The study shows that majority of the farmers were still in their active age though 55.6% and 55.9% non-credit and credit users respectively were male. 67% of the farmers had secondary education and above. Majority of the famers 55.6% (non-credit users) and 52.9% (credit users) have between 6-10 family members. 71.1% and 65.7% non-credit and credit users respectively had farming as their main occupation.  High cost of feed and lack of finance has been found to be the most influencing factors of poultry production. Famers are however, advised to be involve in mixed farming so as to make available feed materials and reduce the amount of feed they purchase from feed industries, which will at the same time increase their level of income.