Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 21 ISSUE 4
Written by Peter Otunaruke EMAZIYE
The specific objective was to evaluate goat farming profitability. The 240 samples were drawn using structured technique. Data were evaluated using descriptive statistics and profitability model analysis (cost and returns analysis). A moderate family size of 10 persons and average age of 48 years educational level were dominant. Most farmers were well-experienced with low flock size of 12 goats averagely. Extensive management system were adopted and most respondents engaged in cassava production in addition to goat farming. The average revenue derived from goat farming was N384,000 ($929.78) with total cost of farming of N299,990 ($734.02). The benefit-cost-ratio of 1.3 was achieved revealing 30% profitability. Lack of credits were most hindrance of farmers. The study recommended farmers credit provision for increase in goat production.
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