ANALYSIS OF PROFITABILITY AND DETERMINANTS OF CONSTRAINTS TO SMALL RUMINANTS MARKETING IN KATAGUM LOCAL GOVERNMENT AREA OF BAUCHI STATE, NIGERIA
DOI :
https://doi.org/10.51791/njap.vi.5189Mots-clés :
Constraints, Data, Income, Profitability, QuestionnairesRésumé
The study examined the analysis of profitability and determined the constraints to small ruminants in Katagum Local Government Area of Bauchi State. A multi-stage sampling technique was used to select 120 sheep farmers in the study area. Data were collected using structured questionnaires and were analysed using farm budget techniques and simple descriptive statistics. The result revealed that purchasing cost for live animal constituted 93.19% of the total marketing costs. Moreover, the result revealed average net income of ₦85,926.28. The return per naira invested was ₦ 0.2015. The gross margin was found to be 88,628.25. Inadequate capital was critical; which was attributed to inadequate sources of credits. Market facilities such as clean environment and security were also lacking. However, improvement in the existing infrastructural facilities will help promote expansion of the present scale of operations. Governments and other financial institutions should do more to extend funds as soft loans to the marketers to improve efficiency.