Agribusiness, Agriculture, Veterinary Medicine, Cassava, Garri, food security, Agritech and the Red Meat Value Chain.
Showing posts with label day old chicks. Show all posts
Showing posts with label day old chicks. Show all posts
Sunday, December 20, 2015
FINANCIAL ANALYSIS ; RAISING BROILERS FOR PROFIT.
REARING COST FOR 5OO BROILERS;
EXPENDITURE AMOUNT.
1) Land...............................................1,500,000
2)Housing...........................................900,000.
3) D.O.C @ 200#.....................................100,000.
4) Brooding cost @ 25#/chick........................12,500.
5)vaccination/medication @ 40#....................20,000.
6)Farm supplies,tools,wheel barrow................15,000.
7)Drinker/feeder.....................................25,000.
8) Feed @ 100g/chick/day @ 0-3 weeks cost of feed(2800).....11,760.
9)Feed @ 180g/chick/day for 4-7 weeks and cost of feed..3000....226,800.
10) Labor...................................20,000.
TOTAL.............................2,831,060.
Analysis.
sale of birds @ 2000/bird.
2000x 490(2% mortality}......980,000.
Profit=sale proceeds-recurrent expenditure
= 980,000- 391,060
588,940 Naira.
An investor will have a profit of 588,940; and subsequent production cost will reduce because the capital expenditure is paid for at onset of production An investor can have this turn over every 42 days,thats a good turn-over.
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