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Nairaland Forum / Nairaland / General / Agriculture / My Egg Poultry Farming Experience As A New Farmer (60796 Views)
My Watermelon Farming Experience / My Poultry Farming Experience! / My Egg Poultry Farming Experience As A New Farmer (2) (3) (4)
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Re: My Egg Poultry Farming Experience As A New Farmer by strangeland: 8:08pm On Aug 28, 2017 |
Thanks for your kind reply to him and you are absolutely right. Integrityfarms: 3 Likes |
Re: My Egg Poultry Farming Experience As A New Farmer by strangeland: 8:09pm On Aug 28, 2017 |
I am posting my experience so that people interested in farming can have actually figures of how much you need to invest, the patience require, the trust, the prayers, the risk and all other factors. You can learn from this positively or negatively, I hope it is positive. Emjay1310: 8 Likes |
Re: My Egg Poultry Farming Experience As A New Farmer by Flaghouse1: 8:10pm On Aug 28, 2017 |
supersystemsng: Would like to have hands on experience on poultry with your guidance when I am ready |
Re: My Egg Poultry Farming Experience As A New Farmer by deji17: 8:11pm On Aug 28, 2017 |
Pelebabaagba: Abi o. 1 Like |
Re: My Egg Poultry Farming Experience As A New Farmer by remonics: 8:12pm On Aug 28, 2017 |
having read all the comments,I must say that those condemning the op are not fair to him. by my experience, those birds should lay 100 crates of egg every day for good six months. at peak the birds will consume 17.5 bags daily @3300/bag(wholesale price). whatever price he sells his eggs,am sure he will realise 1m net profit each months. pls encourage him. the way he started his payback period is short. for those saying he spent much, the budget is OK. had he started with doc, he would have spent close to 1400/bird before seeing the first egg,cost of housing not included. starting with point of lay is the best for a beginner, therefore I commend the op for a good job. may God bless his hustle. 7 Likes |
Re: My Egg Poultry Farming Experience As A New Farmer by deji17: 8:13pm On Aug 28, 2017 |
strangeland: Nice. Would you mind sharing your experience about how you raised Capital? |
Re: My Egg Poultry Farming Experience As A New Farmer by strangeland: 8:15pm On Aug 28, 2017 |
I have the figures, it would be unfair to say 7.5m is too much without backing your words with figures. I bought the birds (17 week old) at the current market rate N1,400 (3,500*1400= 4.9m). Agent who charge N30 per bird = N105,000. That is over 5m. Add feeding, meds, cages and you can see how 7.5 as been spent. You can share with us how you would have done that with less much. After all we are all learning. supersystemsng: 7 Likes |
Re: My Egg Poultry Farming Experience As A New Farmer by vezycash(m): 8:17pm On Aug 28, 2017 |
supersystemsng: No vex. 1 Like |
Re: My Egg Poultry Farming Experience As A New Farmer by Flaghouse1: 8:19pm On Aug 28, 2017 |
sonnie10: Oga , The daily egg production will serve as his profit for the investment, while the #7.2M covers initial capital outlay after one year.he makes an average of100 crates a day @N500 per crate that's N50,000 income daily for 20days average month production that's N1M *12=N12 M per annum The N12M is the gross profit by the time he removes cost this guy would be left with nothing less thanN7M ,which manager earns. This in a year. |
Re: My Egg Poultry Farming Experience As A New Farmer by strangeland: 8:21pm On Aug 28, 2017 |
I invested in 17 weeks old birds because at that age they have pasted a critical point in their life to reduce the mortality rate. Business is about managing risk that was my way of managing mortality risk. youngtizzy55: 16 Likes |
Re: My Egg Poultry Farming Experience As A New Farmer by sonnie10: 8:24pm On Aug 28, 2017 |
Flaghouse1: Where Will the money for daily feeding come from? @ 3500 × 16 = 56000 |
Re: My Egg Poultry Farming Experience As A New Farmer by strangeland: 8:28pm On Aug 28, 2017 |
Thank you for your kind words, we all need encouragement, am glad that your farm is well now and pray that continues. magazineguy: 2 Likes |
Re: My Egg Poultry Farming Experience As A New Farmer by takenadoh: 8:32pm On Aug 28, 2017 |
sonnie10: Haba didn't u see crate as 30 in the calculation Daily egg production at peak should be 1 per bird per day 3200/ 30 = 106 crates daily * 30 days in a month * 600 per crate = 1.9M monthly. I think the amount he is spending on feeds is too much I get your point I think it will reduce greatly especially when they get to full weight. 1 Like |
Re: My Egg Poultry Farming Experience As A New Farmer by youngtizzy55: 8:32pm On Aug 28, 2017 |
Okk bro. |
Re: My Egg Poultry Farming Experience As A New Farmer by strangeland: 8:42pm On Aug 28, 2017 |
Oh trust me i did, but I don't want to give only the answer, I want to show the workings before the answer by giving updates so we can both see what it takes snthesis: 1 Like |
Re: My Egg Poultry Farming Experience As A New Farmer by sonnie10: 8:46pm On Aug 28, 2017 |
takenadoh: Honestly you are confusing me the more. Let's limit our calculation on daily bases. Since he has 3600 birds that would be 120 crates a day. If egg is 600 naira per crate , that would be #72000 daily ( income) Expense is 16bags × # 3500 = 52000 When you factor in other miscellaneous, the profit margin is not impressive |
Re: My Egg Poultry Farming Experience As A New Farmer by strangeland: 8:48pm On Aug 28, 2017 |
Thanks, that is extra cost (Unless it is a free service ) and people have been pointing out how much as been spent so far. Excel is doing just fine am a confident user. imustsaymymindo: 6 Likes 1 Share |
Re: My Egg Poultry Farming Experience As A New Farmer by strangeland: 8:51pm On Aug 28, 2017 |
Thanks bro, Well said, let him break it down for us how he would do it 300,000 birds. We all learning here oya Gbabe2: 2 Likes |
Re: My Egg Poultry Farming Experience As A New Farmer by strangeland: 8:53pm On Aug 28, 2017 |
Absolutely not to talk about the risk at a younger age. Thanks benardj3: |
Re: My Egg Poultry Farming Experience As A New Farmer by Chinks(m): 8:57pm On Aug 28, 2017 |
sonnie10:hmmmmm.... Boss, this your analysis is quite different from what is happening on the farm ooooooo.... 3600 birds can't give you 120crates per day. Once your HDP is 80-90%, then you're doing well... Your 3600 can not lay eggs at the same time. Therefore, your production will definitely fluctuate. 1 Like |
Re: My Egg Poultry Farming Experience As A New Farmer by Nobody: 9:03pm On Aug 28, 2017 |
strangeland: Bros you na elder oh...me advice ke... abeg you be man.. |
Re: My Egg Poultry Farming Experience As A New Farmer by Nobody: 9:03pm On Aug 28, 2017 |
Flaghouse1: Wow.. |
Re: My Egg Poultry Farming Experience As A New Farmer by sonnie10: 9:10pm On Aug 28, 2017 |
Chinks: Thanks for this input. Honestly I do not know a thing about poultry but just computing figures based on the numbers flying around here. However, that does mean that I don't know the prices of a crate of egg , feed or old layer in the market. Every calculation I made is common sense. Trust me, raising 3600 bird is full time job. You can't do other things, except you employ some hand. By the time you start adding other personal expenses, house rent, feeding and family, it might not be a money spinner as portrayed. 1 Like |
Re: My Egg Poultry Farming Experience As A New Farmer by esiri4jesu(m): 9:12pm On Aug 28, 2017 |
sirugos:Have you tried it and you did not achieve the complete nutrient? All the raw materieals needed to get a complete nutrient are available just get your calculation right. The op is doing a great job let us encourage and support him. 1 Like |
Re: My Egg Poultry Farming Experience As A New Farmer by galaxy15(m): 9:17pm On Aug 28, 2017 |
iwillrejoice: Bro he didn't say the chicks cost 1,500 he said point of lay that's 17wks old or thereabout. 2 Likes |
Re: My Egg Poultry Farming Experience As A New Farmer by Flaghouse1: 9:18pm On Aug 28, 2017 |
sonnie10:i Before venturing into this poultry stuff,the guy would have done a Business case/analysis which will indicate whether to go ahead with the result gotten the profitability index analysis which should be >1 but not less than 1? And more so the guy is using excel to track his business and if you know more of financial modeling the feeding aspect would have been incorporated into the analysis. No sane graduate/Startup will drop N7.5M down and not do thou rugs business case analysis.remember the guy did not buy 3day or 1 week old chicks which would have cost more in feeding them till time they start laying eggs I believe I have been able to explain myself sir! 1 Like |
Re: My Egg Poultry Farming Experience As A New Farmer by Nobody: 9:20pm On Aug 28, 2017 |
sonnie10: Claps at this comment Trust me, raising 3600 bird is full time job. You can't do other things, except you employ some hand. By the time you start adding other personal expenses, house rent, feeding and family, it might not be a money spinner as portrayed. THIS MAN IS WISE FOLLOW HIM PLEASE |
Re: My Egg Poultry Farming Experience As A New Farmer by takenadoh: 9:21pm On Aug 28, 2017 |
sonnie10:yes I am saying that 16 bags daily will reduce greatly since they will stop growing when they attain 1.5kg but indeed the profit isn't as high as anticipated because of what he is spending on the feed , he should look for a way to make it 2k maximum and probably 12bags max. |
Re: My Egg Poultry Farming Experience As A New Farmer by Nobody: 9:24pm On Aug 28, 2017 |
sonnie10: 3,600 isn't too much anyway..but it's so full time that if there's a break, God forbid....chai.. |
Re: My Egg Poultry Farming Experience As A New Farmer by monchazfarms: 9:29pm On Aug 28, 2017 |
@ OP,first of all,I salute your courage.Secondly,I want to criticize and as well pass some vital information /advice to you because that's what you need to become stronger and resilient in your chosen business and I'm doing so because I'm also into the business and has a little advice to offer. I'll criticise you on the following: 1.You shouldn't have started with point of lay birds if you're a first timer because poultry business is a practical one which requires first hand information and starting with older birds won't let you have the experience you need. 2.Most point of lay birds aren't given the complete and required vaccination and this has a tendency to affect the birds in future if your source is unreliable 3.From your analysis,you started this business this August and that tells you're unaware of the market trends before tasting the depth of the river with both legs: there has been egg glut (excess egg production) in the market since February this year up till now,the worse of its kind. 4.Be ready to battle with any disease(s)/ virus associated with the farm you rented if you didn't fumigate and disinfect the farm before bringing in your birds. 5.Your birds were supposed to attain 1.5kg or 1,500g at 18 or 19 weeks,this implies that your birds weren't properly fed by the sellers/brooders and this might affect the overall performance of your birds. 6.Your choice of business is good,but your timing is wrong. Now,take these advise: 1.Keep on giving those birds growers until you attain 50% production,it might sound so ridiculous,but it worked for me.This' to enable you have a better uniformity and also allow those lagging behind to attain sexual maturity.If you start giving them layers feed,lots of your birds might not lay. 2.Give them sangrovit @ the recommended dosage for two weeks. 3.Give them viracid and also spray it all around your pen.This sanitizes the evironment and and takes care of virus,bacteria and protozoa;it's very good. 4.Start looking for customers and ask God for divine direction. 5.Always sanitize their drinking water with Isochlor,but don't vaccinate them with sanitized water.E-coli is a deadly water bourne disease that could kill all your birds if you don't pay close attention to their water. 6.Finally,the Lord is your strenght.I admire your courage. 23 Likes 3 Shares |
Re: My Egg Poultry Farming Experience As A New Farmer by Godsp4k(m): 9:30pm On Aug 28, 2017 |
strangeland:This is really a very big investment. wanted to go into something like this but the capital is very huge... well done it's no easy.... very well detailed data expensive info. |
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