ANALYSIS OF RISK SOURCES AND MANAGEMENT STRATEGIES OF POULTRY FARMERS IN KADUNA STATE, NIGERIA

Authors

  • Binuyo, G. Department of Agricultural Extension and Management, Federal College of Forestry, Jos, Plateau State, Nigeria.
  • Abdulrahman, S. Department of Agricultural Economics, Faculty of Agriculture, Ahmadu Bello University, Zaria, Kaduna State, Nigeria.

Keywords:

Risk sources, Management strategies, Poultry

Abstract

This study was carried out to analyze risk perception and management strategies of poultry farmers Kaduna State. Primary data were collected in a multistage sampling procedure were obtained from 413 poultry farmers. Descriptive statistics, factor analysis and Tobit regression models were employed for the analysis. It was found that Disease outbreak (  =4.58), rise in cost of poultry inputs (  =4.44) and low market demand was (  = 3.98) were the highest level of risk sources. The study further revealed that diversifying into off-farm income (  = 4.51), and weather forecast (  = 4.37) and Formation of cooperatives to attract bank loan (  = 3.94) were the most pronounced agricultural risk mitigating strategies adopted. The determinants of agricultural risk mitigating strategy were age, flock size and experience all significant at 1 percent LOS. These variables were positively related to the number of agricultural risks mitigating strategies adopted with exception of age which has inverse relationship with mitigating strategies. the farmers experienced different types of risk, however, the farmers adopted different types of management strategies against the agricultural risk encountered. Moreover, there’s passably, dissension between deliberation of sources of risk and management strategies, mainly due to deprived socio-economic background. In view of this, it is recommended that government and non-governmental organization should focus on investments on infrastructure to enables the farmers to manage risks better and enhancing the production of poultry to mitigate food insecurity.

Published

2020-06-30