Financial Analysis of Poultry Egg Production in Northern Region of Ghana

Author(s)

Abdul-Mumin Abdulai , Abdulai Yahaya , Sylvester N. Ayambila ,

Download Full PDF Pages: 10-21 | Views: 192 | Downloads: 56 | DOI: 10.5281/zenodo.7611806

Volume 6 - December 2022 (12)

Abstract

This study investigated the profitability of poultry egg production in selected districts of the Northern Region. Primary data was collected from 125 poultry farms across three purposively selected Districts in the Region. Structured questionnaire was used to solicit data for the study. With the aid of descriptive statistics, farm level data were analysed. Per the profit measures, the study revealed that poultry egg production in the study area was profitable as indicated by the average gross margin and the average net farm income. The challenges of business operations of poultry egg farmers were also examined. As underscored by the descriptive statistics, the serious constraints confronting the poultry egg farmers in the area in order of severity are;  high cost of feeds, harsh weather conditions, high mortality rate, high cost of credit, cheap imported substitutes, poor market, poor extension and rising cost of day-old chicks. It is recommended that the government’s agricultural policy of ‘planting for food and jobs’ be extended to poultry egg production to create sustainable jobs for the youth in the region towards poverty reduction and wealth creation

Keywords

Profitability, poultry egg, constraints, financial efficiency, northern region.

References

       i.        Akunzule, A.N., Koney, E.B. M., and Tiongo, M. (2009). Economic Impact Assessment of highly pathogenic avian influenza on the poultry industry in Ghana.’ World Poultry Science Journal 65.3:517-527

ii.      Alhassan Bawa (2019). Agriculture and Food Security in Northern Ghana

iii.    Amanda, G., Terrance, B.D., Sedivec, K., and Schauer, C. (2013). Use of Kendall’s coefficient of Concordance to Assess Agreement among Observers of very high Resolution Imagery

iv.    Andam K.S., Johnson M.E., Ragasa C., Kufoalor D.S., Gupta S.D. (2017). A Chicken and Maize Situation, the Poultry Feed Sector in Ghana

v.      Asante-Addo, C., & Weible, D. (2020): Imported Versus Domestic Chicken Consumption in Ghana: Do Attitudes and Perceptions Matter?.Journal of International Food & Agribusiness Marketing, 32(5), 503-526. 

vi.    Ashitey, E. (2017). 2017 Ghana Poultry Report. Global Agricultural Information Network (GAIN). Retrieved from https://gain.fas.usda.gov/Recent GAIN Publications/2017 Ghana Poultry Report Annual _Accra_Ghana_5-23-2017.pdf

vii.  Bukenya, J.O, Sylvester, S.N. (2021). Profitability and Financial Efficiency of Small-Scale Indigenous Chicken Egg Producers in Kenya.

viii.Ekong Olabisi Aderonke (2015). Profitability, Farmers and Farm Characteristics; The Case of Ghana Broiler Chicken Industry.

ix.    Ettah, Out I., Igiri, Juliana A., and Ihejiamaizu, Victor C. (2021). Profitability of Broiler Production in Cross River State, Nigeria, Global Journal of agricultural Sciences, Vol. 20, 2021 : 35-40.

x.      FAOSTAT (2020). Statistics Division of the Food and Agricultural Organisation of the United Nations. Rome, Italy.

xi.    Ghana Poultry Report (2019). Analysis of Poultry Sector in Ghana, An update on the Opportunities and Challenges.

xii.  Hafez, M., Youssef, A. Attia (2020). Challenges to the Poultry Industry: Current Perspectives and Strategic Future after COVID-19 Outbreak.

xiii.  Hassan, A.A , Ahmadu, H.J., Oseni, Y., Dawang, N. C., Rahaman, S.A., and AbdulSalam, Z. (2016). Economic Analysis of Poultry Egg Enterprise in Kaduna State, Nigeria

xiv.   Hassan A.A., J.A. Nwanta, E.O. Njoge, M.G. Mariangwa and A. Mohammed (2011). Economic Analysis of Feed Source in Broiler Production. Nigerian Veterinary Journal 68(1):119-132.

xv.  Janet N., Nelly N., Peter M., Augustine N., Terra K,, Dolapo E., and Emily O. (2020). Tanzania and Ghana Poultry Sector Policy Review

xvi.Johnson, M.C (2011). Lobbying for trade barriers: a comparison of poultry producers’ success in Cameron, Senegal and Ghana, Journal of Modern African Studies 49.4: 575.599

xvii.  Kyekyeku Frank Nti (2018). Economic Analysis of Ghana’s Chicken Industry. Doctor of Philosophy Dissertation, Kansas State University.

xviii.  McGovern-Dole F.Y (2016). Food for Progress: Ghana Poultry Project Baseline Report

xix.  Michael Langemeier (2020). Measuring Farm Profitability

xx.  Ministry of Food and Agriculture (2020). ‘Ghana livestock development policy and strategy’ available at http://www.e-agriculture.gov.gh/index.php/policies/133 ghana-livestock development. Policy.and-strategy.

xxi.    Naggujja, J., Njiru, N. M., Msoffe, P., Naazie, A., Kelly, T., Enahoro, D. K., & Ouma, E. A. (2020): Tanzania and Ghana Poultry Sector Policy Review.

xxii.  Netherlands Enterprise Agency (NEA) (2019): Analysis of poultry sector Ghana. An update on the opportunities and Challenges. The Embassy of the Kingdom of the Netherlands.

xxiii. Njiru, N., Ouma, E. and Weber, C. (2020). A review of literature on poultry value chains in Ghana and Tanzania.

xxiv. Olatungi, T.T, & Abesogun O. (2012). Grading of Table Eggs as a Marketing Strategy for Nigerian Smallholder Farmers, International Journal of Livestock Production, 3(4):43-46

xxv. Ouma, E., Galie, A., Weber, C., Enahoro, D., Omore, A., and Rich, K. (2019). Poultry value chains in Ghana and Tanzania : A scoping study report.

xxvi. Selorm Haligah (2017). Analyzing Production Challenges Plaguing Ghanas’ Agricultural Sector: A Focus on Poultry Production in Greater Accra.

xxvii. Sumberg, J., Awo, M., & Kwadzo, G. T. M. (2017): Poultry and policy in Ghana: Lessons from the periphery of an agricultural policy system. Development policy review

xxviii. Tanko, L., I.A.Nabil and M.A. Maikasuwa (2014). Profit Efficiency of Small-Scale Layer Producers in some Selected Local Government Areas in Sokoto State.

xxix.  Zamani O., Chibanda C., and Pelikan J. (2022). Impact of Import Restrictions on Poultry Producers in Ghana, Q Open,2(1), qoac007.

Cite this Article: