Comparative Analysis and Efficiency of Poultry Enterprise in Ezinihitte Mbaise Local Government Council of Imo State, Nigeria

Abstract

<strong>The study was carried out to determine the analysis and efficiency of poultry enterprise in Ezinihitte Mbaise Local Government, Imo State, Nigeria. A multistage sampling technique was used in the selection of 156 respondents. Data were analyzed using descriptive statistics, budget technique and Cobb-Douglas stochastic frontier production model. The result of the study showed that the average age of a poultry farmer in the study area was 43 years with a minimum of secondary school education, 10 years of experience in poultry production and an average family size was 7 members. With an average stock of 396 birds, the gross revenue was ₦ 976,600, the total cost was ₦758,161 and gross margin recorded was ₦87,254. The estimate of the production model revealed that initial stock, medication and feeds were the significant inputs that influenced poultry production. The efficiency estimates of the poultry farmers ranged from 78% and 100% with a mean efficiency of 92.5%. The high cost of feeds, constituted 80% of the total variable cost was identified as the major constraint to poultry production. It is therefore recommended that ways to reduce market price of feeds should be adhered to by relevant agencies of governments. </strong>