Risk Management Strategies on Farm Outputs Among Small-Scale Poultry Farmers in Corcuera, Romblon, Philippines
Author(s)
Ken N Falculan , Jericho F. Falamig ,
Download Full PDF Pages: 41-46 | Views: 250 | Downloads: 78 | DOI: 10.5281/zenodo.7900999
Abstract
Poultry farming is known widely all over the country, especially since it is considered a source of income for Filipino farmers. This study was conducted to find out the risk management and determinants of farm outputs among small scale poultry farmers. This study used the descriptive method of research to gather information about the risk management and determinants of farm outputs among small scale poultry farmers in municipality of Corcuera, Romblon. There are 100 poultry farmers involved in the study. Socio-demographic profile of the respondents, it comprises 50% male and 50% female with an age ranging from 51-60 years old and 70% of them were married. In terms of household size, 52% have 4-7 members. For their source of income 72% were poultry farming and 95% has an income of P5000-10000 monthly. 47% of the respondents are elementary graduate and 84% of them were poultry farming for 5 years and above. 83% of the respondents have native chicken as their type of chicken in their poultry farm. Most of the respondents agreed on the different risks in managing poultry such as; environmental risk, production risks, health risks, market risk, and financial risk. There are determinants identified such as outbreak of disease, poultry facilities, veterinary care, supply of electricity and water, inadequate knowledge on poultry husbandry, and lastly high price of feed. Most of the respondents agreed that these interventions and strategies must be applied in managing the small-scale poultry. Such intervention stated are; promoting quality of poultry products, maintaining poultry health and sanitation, having strong communication and coordination between all those involved in poultry veterinary service, allowing plenty of sunlight and ventilation and allowing plenty of sunlight and ventilation, having personal saving, investing in quality feeds, biosecurity obtained and good drainage system.
Keywords
financial risk, intervention, poultry farmers, products, strategies
References
i. Abigail Gbemisola Adeyonu, Abiodun O. Otunaiya, Enoch O. Oyawoye & Funmilayo A. Okeniyi | John Kwame Boateng (Reviewing editor) (2021) Risk perceptions and risk management strategies among poultry farmers in south-west Nigeria, Cogent Social Sciences, 7:1, DOI:10.1080/23311886.2021.1891719
ii. Abimbola OA, Omowunmi AT, Abayomi SO (2013) Risk Coping Behavior of Small Scale Poultry Farmers in Ogun State, Nigeria. Asian J Animal and Veterinary Advances 8: 786-7795.
iii. Adeyonu, A., Ajiboye, B., Isitor, S., & Faseyi, S. (2017). An analysis of the factors influencing access to credit by poultry farmers in Abuja, Nigeria.Agriculturae Conspectus Scientificus, 82(1), 55–62. https://acs.agr. hr/acs/index.php/acs/article/view/1175
iv. Adeyonu, A. G., Oyawoye, E. O., Otunaiya, A. O., & Akinlade, R. J. (2016). Poultry farmers’ willingness to participate in national agricultural insurance scheme in Oyo state. Applied Tropical Agriculture, 21(3), 55–62. https://www.futa.edu.ng/journal/home/journald/11
v. Adewumi BA (2008) Engineering education for agricultural and rural development in Africa. Eur J English Education 33: 321-330.
vi. Akinbile LA, Akinpelu OM, Akwiwu UN (2013) Risk Management Strategies Utilized by small scale poultry farmers in Oyo State, Nigeria:Implications for agricultural transformation. J Agricultural Extension 17: 141-146.
vii. Akinola DB (2014) Risk Preferences and Coping Strategies among Poultry Farmers in Abeokuta Metropolis Nigeria. Global J Science Frontier Research: Agriculture and Veterinary 14: 120-126.
viii.Attia YA, Al-Harthi MA, El-Shafey AS, Rehab YA, Kim WK. (2017) Enhancing tolerance of broiler chickens to heat stress by supplementation with vitamin E, vitamin C and/or probiotics. Ann Anim Sci. 17:1–15. doi: 10.1515/aoas-2017-0012
ix. Attia YA, Al-Khalifa H, Ibrahim MS, Abd Al-Hamid AE, Al-Harthi MA, El-Naggar A.Blood hematological and biochemical constituents, antioxidant enzymes,immunity and lymphoid organs of broiler chicks supplemented with propolis, bee pollen and mannan oligosaccharides continuously or intermittently. Poult Sci. (2017) 96:4182–92. doi: 10.3382/ps/pex17344
x. Attia YA, Hassan SS. Broiler tolerance to heat stress at various dietary protein/energy levels. Europ Poult Sci. (2017) 81. doi:10.1399/eps.2017.171
xi. Babalola, D. A and Y. Babalola (2013). Economic Effects of Media Campaign against Pandemic Diseases: The Case of Bird Flu (H5N1) on Poultry Business in Ogun State, Nigeria. Arabian Journal of Business and Management Review 2(12):80-88.
xii. Barry, P.J and C.B. Baker (1984). Financial Response to Risk in Agriculture
xiii.Barry P.J (eds), Risk Mgt Agric., IOWA State University Press, Ames.183-198.
xiv.Baruwa OI, Department of Agricultural Economics, Obafemi Awolowo University, Ile-Ife, Nigeria
xv. Ellis, F. (1998). Household Strategies and Rural Livelihood Diversification.Journal of Development Studies, 35(1), 1-38.
xvi.Ellis, F. (2000). The Determinants of Rural Livelihood Diversification in Developing Countries”, Journal of Agricultural Economics, 51(2), 289-302.
xvii. Falculan, Ken. "Quality of Upgraded Layer Fed with Different Levels of Annatto Seeds (Bixa Orellana L.) as Feed Supplement Raised Under Different Housing Conditions." Technium BioChemMed, vol. 2, no. 2, 2021, pp. 125-138.
xviii. Hasman H, Moodley A, Guardabassi L, Stegger M, Skov RL, Aarestrup FM. Spa type distribution in Staphylococcus aureus originating from pigs, cattle and poultry. Vet Microb. (2010) 141:326–31. doi:10.1016/j.vetmic.2009.09.025
xix.Hayran, S., & Gül, A. (2015). Risk perception and management strategies in dairy farming: A case of Adana Province of Turkey. Turkish Journal of Agriculture- Food Science and Technology, 3(12), 952–961. https://doi.org/10.24925/turjaf.v3i12.952-961.583
xx. Hardaker, J., Huirne, R., Anderson, J. and G, Lien (2004). Coping With risk in Agriculture. Cambridge: CABI.
xxi.Loghman R (2013) Factors Affecting Demand for Agricultural Crop Insurance in West Azarbijan Province. American-Eurasian J Agric & Environ Sci 13: 244-249.
xxii. Mishra, A.K. and Morehart, M. (2001). Off-farm Investment of Farm Households:A logit Analysis. Agricultural Finance Review, Spring, 2001, 87-101. 45
xxiii. Mikhaylova LI (2005). “Risk Management in International Agricultural Markets” IAMO-Forum, Agricultural and Food Markets in Central and Eastern Europe, Seminar Paper 16-18 June, Halle (Saale).
xxiv. Nguyen TN, Hotzel H, Njeru J, Mwituria J, El-Adawy H, Tomaso H, et al. Antimicrobial resistance of Campylobacter isolates from small scale and backyard chicken in Kenya. Gut Pathog. (2016) 8:39. doi:10.1186/s13099-016-0121-5
xxv. Niu ZY, Liu FZ, Yan QL, Li WC. Effects of different levels of vitamin E on growth performance and immune responses of broilers chickens under heat stress. Poult Sci. (2009) 88:2101–7. doi: 10.3382/ps.2009-00220
xxvi. Njavro M (2009). “Risk Management in Agribusiness.” Paper presented at Zagreb School of Economics and Management, June 5.
xxvii. Nyikal, R. A., & Kosura, W. O. (2005). Risk preference and optimal enterprise combinations in Kahuro division of Murang’a district, Kenya. Agricultural Economics, 32 (2), 131–140. https://doi.org/10.1111/j.0169-5150. 2005.00012.x
xxviii. Ogoke CM (2009) Agricultural Insurance in present and future Agricultural Development in Niger State, Nigeria. Agriculture Systems in Africa 5: 45- 50.
xxix. Olayemi, J. K. (1995). Agricultural Policies for Sustainable Development:Nigeria’s Experience. Sustainable Agriculture and Economic Development in Nigeria. A.E. Ikpi and J. K. Olayemi (Eds). Winrock International. 41-60.
xxx. Pennings, J.M.E., O. Isengildina-Massa., S.H. Irwin., P.Garcia and D.L. Good (2008). Producers’ Complex Risk Management Choices. Agribusiness, 24 (1), 31–54.
xxxi. Sadoulet, and Alain de Janvry (1995). Quantitative Development Policy Analysis. Baltimore: Johns Hopkins University Press.
xxxii. Schlundt J, Toyofuku H, Jansen J, Herbst SA. Emerging food-borne zoonoses. 46 Rev Sci Tech Off Int Epiz. (2004) 23:513–33. doi: 10.20506/rst.23.2.1506
xxxiii. Yusuf, T. M., Tiamiyu, S. A and Aliu, R. O. (2016).Financial analysis of poultry production in Kwara State, Nigeria. African Journal of Agricultural Research, 11 (8): 718–723
Cite this Article: