PRODUCTION COST

[Kabir AbdulRasaq]

Excellent post

[Saviour Uyinosa]

Thanks

[Hamza Muhammad]

Good take

[Bello Bashir Bello]

👌

[Joshua Teryima Orkaa]

This alone is sending some farmers out of business

[AFOLABI SUNDAY TUNDE]

This is experiencing reality.

[Unknown Member]

6weeks is the best

[Adeyemi Aina]

Absolutely right

[Bello Bashir Bello]

Exactly

[Joseph Mashingil]

Due to cost of feed, keeping broiler for up to 8 weeks can cost more than N500,000. for 100 birds in Nigeria. But for 37days will be around that is 5 weeks 2 days, will be around that 420,000 to 450,000.

Factoring cost of feed at N930. per Kg, and Day-Old broiler chick at N1000. and other cost energy, labor, water and medication.

[Jagadeshkumar P]

👍🏽

[Barakat Adeoye]

This is serious

[D Kannathasan]

correct

[Kabir AbdulRasaq]

Fact👍

[Olawuwo Oluwatobi]

👌

[Adeyemi Aina]

👌👍

[Saviour Uyinosa]

sad reality

[Joshua Teryima Orkaa]

✍

[Mohammed Akewusola]

🤔

[Onu Victor Iko]

Good

[Bello Bashir Bello]

Good 👍👍 motes

[Hope Iloka]

In Nigeria, the majority of the costs are capital costs, meaning that these costs shall not be incurred in subsequent production.

In total, you need at least ₦418,060 to rear 100 broiler chicks for 8 weeks. It could be slightly more. You do not need all this cash at once to start a broiler farm, maybe you even need a quarter to start, then it is a pay as you go thing.

[D Kannathasan]

ok

[Olawuwo Oluwatobi]

Hmm

[Joshua Teryima Orkaa]

Thanks

[Adeyemi Aina]

It’s not advisable to raise broilers for 8 weeks above if someone wants to make profits.

[Saviour Uyinosa]

interesting

1kg of feed is now

N932

[Olawuwo Oluwatobi]

Yeah

[Opeyemi Afeluyi]

Haha. We are going somewhere. And a day old chick as of today is over N920

[Temitayo Eletu]

Yeah, right