A REVIEW ON ECONOMIC ANALYSIS OF SMALLHOLDER CATTLE PRODUCTION AND MARKET PARTICIPATION IN NIGERIA
DOI:
https://doi.org/10.51791/njap.vi.8543Keywords:
Smallholder farmers, Cattle production, Market participation, Livestock economics, NigeriaAbstract
This review examines the economic analysis of smallholder cattle production and market participation in Nigeria, focusing on profitability, key constraints, and policy interventions. Smallholder cattle farming plays a vital role in rural livelihoods and national food security but faces challenges such as high feed costs, inadequate veterinary services, limited access to credit, and poor infrastructure. The review highlights factors influencing market participation, including farm size, financial access, and transportation networks. Findings suggest that improving market linkages, expanding credit facilities, and strengthening extension services can enhance smallholder profitability and competitiveness. The study recommends policy support for value chain development, sustainable grazing practices, and investment in rural market infrastructure to boost smallholder cattle farmers' participation in formal markets.