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Nairaland Forum / Nairaland / General / Agriculture / Cost And Returns Of Snail Farming In Nigeria (625 Views)
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Cost And Returns Of Snail Farming In Nigeria by maxipharo(m): 6:04pm On Jun 27, 2020 |
Cost and returns of snail farming is one of the critical factors to be considered before investing in snail farming in Nigeria. Cost and returns of snail farming is necessary to evaluate the viability of snail farming for “return on investment”, which however could be foreseeably determined based on certain principles of snail farming. Usually, the regulating principles of snail farming account for the optimistic and pessimistic views and approach towards the cost and returns estimation of snail farming to provide a clear and accurate situation for the expectation of investment in snail farming. However, to actualize this projection, there is a need to follow strict management practices of snail farming. Also, these principles are vital for a profitable snail farming business in Nigeria. Principles and Important guides for the cost and returns of snail farming Housing: Intensive System, Extensive system Foundation Stock: Point of lay Snails (breeders) Species: Achatina Marginata (Giant Snail) Soil Type: Loamy soil Production Cycle: 9-18months Egg Production: Average 30 eggs per production cycle Hatchability: [/b]7 0- 90% [b]Mortality of young snails: 10-20% Stocking Density: 10 to 20 snails per square meter Feeding: Concentrate supplemented with fruits and vegetables Assumption: Cost and returns of 500 snails 1. Land, pens, and equipment are already in place. Note: Prices of this varies depending on location, season, and bargaining strength. Foundation stock: Achatina Marginata (Giant snail) at #400 per one Feeding: 15kg at #8000 Profits Projection for 500 points of lay snails On the Average Achatina Marginata breeder lays 30 eggs in batches (3-4times in a production cycle) Which implies 500snails x 30 eggs = 15,000 eggs Hatchability of 90% = 13,500 eggs hatched Mortality of hatchlings 20% = 10,800 hatchlings grow into maturity Marketing/Sales of Snails in Nigeria On the Average matured snails are sold for #500-600 depending on location and season. 10,800 snails x #500 = #5, 400000 NOTE: All the values used in the above calculation are the best of the real and contemporary obtainable values. To Achieve all this: – Strict hygiene and management must be followed – Proper housing must be in place – Always know the source of your foundation stock. Acquire your stocks from reputable farms. – Ensure a balanced diet for the snails. https://www.agricincome.com/cost-and-returns-of-snail-farming-in-nigeria/ 2 Likes
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