still a great investment now that the price of feed has increased?

[Deleted member 28873]

Poultry farming is the form of animal husbandry which raises domesticated birds such as chickens, ducks, turkeys and geese to produce meat or eggs for food. It has originated from the agricultural era.Good quality fresh and nutritious food is the key to success in poultry farming business.Farmers where thinking its due to the festive period approaching was the reason for increment in feed price but the festive period has been done and dusted and the price of feed is still increasing.Poultry farming is the process of raising domesticated birds such as chickens, ducks, turkeys and geese for the purpose of farming .

 

[Mataracy]

Yes ,it still a great investment because it a necessity goods

If one has bought some good and keep them when they are cheaper by the time you will be selling it after some months in Nigeria it will be times two of what invested especially Agric produce.

Some time the supply is less than demand so therefore the price will go up.

 

[Ekuvero]

Poultry is really a great Agro business one can venture into irrespective of gender and location, cause the demand for poultry meat is on the higher side with low risk management and the rest one can make a fortune mostly if you have a readily available market for the poultry bird's, cause most bars, restaurant and eateries do prefer poultry meat to diary meat, and with the issues with the price of feeds once the price goes up it would be 2* it current amount and one could buy and stock now

 

[Dekadet]

Write your reply... This is a pretty good idea, poultry feed retailers will smile to the bank, also if one can venture into poultry feed formulation and production one will really make it big just make sure the nutrients and micro nutrients are in right proportion.

Another way to earn massively in this poultry feed industry is to buy poultry feed raw materials and sell to feed manufacturers, since price of feed has increased definitely the cost of raw materials like soya meal, soya bean cake, PKC, GNC, Maize, and brewers dry grain will definitely increase

 

[IamDozzy]

This is the best time for poultry feed sellers to make money now that the price of poultry feed is on the high. During the festive season, one of my neighbours tried to buy feed for her chickens in the market but she couldn't find any due to the low supply of feed. I believe scarcity of poultry feed resulted in the price of poultry feed going up.

 

[Doradorwa]

Keeping birds farm... Poultry in general is very lucrative... My mother owns a farm and in the beginning she felt that she was gonna lose due to the feeds price but now things are looking better... She make their feeds herself. Corn,millet, guinea corn, noodles and believe they are very big... The only cost is de worming them.

 

[Ahmedo24]

The cost of raw materials for producing most of this field has not dropped even locally so there is every tendency that's the price may not drop anytime soon and the price of the poultry birds also continue to increase because the cost of rearing them has also increased. The business is lucrative if you have your market.

 

[Augusta]

No matter how costly a thing the sellers will still make profit that's just the truth. Of course selling price is always about adding expenses to the cost price of a thing bought. So even if the feeds of poultry is high, the sellers are making profit and might even make times 2 of it . So anyone can still indulge in it and make profit

 

[Shigobad2020]

Poultry farming will always be doing well even if the price of feed skyrocted , the price of poultry feeds keep rising everyday but poultry farmer will always have something to gain, I heard they are selling a crate of egg at the price of 1300 now and it was 700-80naira Nigerian money before, so poultry farmers will always gain, and they also have chickens to sell at the end of the day.

 

[Kingsley]

As long as we will continue to have humans here on planet earth we will always continue to have people in need of food. Farming is one area we can not do without, be it crop farming or livestock farming. And as it stands today in Nigeria there is a very high level of food shortage and this has brought about a serious high level of inflation in the country. The current administration ordered for the shutting down of the borders in Nigeria without making any provision what so ever in the areas we don not have comparative advantage and this has greatly affected the country adversely. Imagine the effect of this policies for over seven years. The only advantage it has will be for those who can stand the high cost of feeds if one is planning on embarking on starting a poultry business and when one successful brings the birds to to marketable size then one will enjoy all the profits because there is always market for it. People consume alot of poultry foods, from the chicken itself to their eggs. And their waste can be used for agricultural purposes to grow crops. So if one is good in this area you stand a very good chance to make a very decent profits.