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Which Is More Lucrative Between Poultry Farming And Feedmill Industry? - Agriculture - Nairaland

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Which Is More Lucrative Between Poultry Farming And Feedmill Industry? by DAMYH: 3:47pm On Aug 12, 2016
Good day nlnders, I need everybody's view on which to invest in first, because my little capital cannot accommodate both areas. Thanks as you drop ur points...
Re: Which Is More Lucrative Between Poultry Farming And Feedmill Industry? by EricMason(m): 3:51pm On Aug 12, 2016
ask the chiken cheesy cheesy
Re: Which Is More Lucrative Between Poultry Farming And Feedmill Industry? by knowledge4(m): 6:20pm On Aug 16, 2016
with N500K, U can set up a mini commercial feed mill that produces 1 ton feed per hour
with N500k, you may not be able to do any meaningful commercial poultry business worth the time and energy invested into it.

poultry business is more tasking, more capital intensive, more stressing and riskier than feed millling
poultry products such as eggs are in high demand on daily basis and all year round.
poultry business is lucrative if you are knowledgeably informed about what it takes to do it and get it right
the power requirements on a poultry farm is much lower than in a feed milling business

feed milling is lucrative if you have an excellent or quality nutritional formulation and can produce at cheaper rates than the other competitors
there is high demand for poultry feeds especially quality feeds at cheaper rates
feed milling business requires constant power supply and may require use of electricity generators running on diesel which may likely lead to higher costs of production

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Re: Which Is More Lucrative Between Poultry Farming And Feedmill Industry? by DAMYH: 7:38pm On Aug 16, 2016
knowledge4:
with N500K, U can set up a mini commercial feed mill that produces 1 ton feed per hour
with N500k, you may not be able to do any meaningful commercial poultry business worth the time and energy invested into it.

poultry business is more tasking, more capital intensive, more stressing and riskier than feed millling
poultry products such as eggs are in high demand on daily basis and all year round.
poultry business is lucrative if you are knowledgeably informed about what it takes to do it and get it right
the power requirements on a poultry farm is much lower than in a feed milling business

feed milling is lucrative if you have an excellent or quality nutritional formulation and can produce at cheaper rates than the other competitors
there is high demand for poultry feeds especially quality feeds at cheaper rates
feed milling business requires constant power supply and may require use of electricity generators running on diesel which may likely lead to higher costs of production

Thanks very much... With little money at hand, I think feedmilling is the way to go.
Re: Which Is More Lucrative Between Poultry Farming And Feedmill Industry? by ecstacybling: 5:41am On Apr 09, 2020
We didn't see the progress on the feed mill smiley
Re: Which Is More Lucrative Between Poultry Farming And Feedmill Industry? by tundeipade: 7:18am On Apr 12, 2020
DAMYH:
Good day nlnders, I need everybody's view on which to invest in first, because my little capital cannot accommodate both areas. Thanks as you drop ur points...
very advisable you go forcfeedmil as a begginer. You can later add farm.

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