Economics of Feeding Sun-Dried Poultry Dropping Based Diets on Growing Rams Consuming Sorghum Stover

Abstract

This study analyzed the economics of feeding dried poultry droppings as supplement in ram production. Gross margin analysis and profitability ratio was used to analyze the data collected. The result of the budgetary analysis revealed that highest total cost of <strong>₦</strong>5292.98/ram was incurred, highest total revenue of <strong>₦</strong>7565.40/ram, highest gross margin of <strong>₦</strong>3272.41/ram and highest net farm income of ₦2272.42/ram were observed for the supplemented treatment groups. The profitability ratio gave the best benefit-cost ratio of 1.43, rate of return of 0.43, gross ratio of 0.70 and expense structure ratio of 0.23. This indicates that feeding of dried poultry droppings to rams is a profitable venture. This study therefore recommends the supplementation of dried poultry droppings at 20% inclusion level for optimum profitability.