My Egg farming experience as a new farmer
So I started a poultry farm (Chickens) with the intent of selling eggs. Let me give you a summary of what I have done and how much I have invested till date.

I started this in July 2017. I rented a pen house in the Epe axis of Lagos (At a "mates" rate of 50k) I purchased 3500 chicks at 17 weeks old @ N1,400 each = N4,900,000. The funny thing is I couldn’t buy them directly from the seller I had to go through an agent who charge N30 per bird = N105,000. After buying the bird I got them debecked for N14,000. Got them vaccinated and gave them antibiotics for a disease called Newcastle. Med N42,000
The birds arrived at my farm at 19 weeks and fed on 84 bags of grower weekly (That is 12 bags per day) @ N3,400 each = N285,600
Generator cost N5,000 per week
ND+IB Vaccine (14/08/17) N6,800
Miscellaneous cost average N29,000 per month
It is important to weigh a sample of birds every week to check on their progress in growth
This is the summary of average weight:
31/07/2017 @ 19 weeks old bird weight is 1,080grams growth of 133 grams
07/08/2017 @ 20 weeks old bird weight is 1,118grams growth of 38 grams
14/08/2017 @ 21 weeks old bird weight is 1,276grams growth of 158 grams.
Increase fed to 98 bags of grower weekly (That is 14 bags per day) @ N3,400 each = N333,200

21/08/2017 @ 22 weeks old bird weight is 1,319 grams growth of 43 grams.
The birds are under weight as the target for this week was 1,500 grams for them to start laying.
So increased fed to 16 bags per day
Increase fed to 112 bags of grower weekly (That is 16 bags per day) @ N3,400 each = N380,300
*Note 1 bird should be eating .108 grams per day.
Eggs collected so far:
The first bird laid an egg on 20/08/2017 so it begins started
20/08/17 = 2 eggs
21/08/17 = 3 eggs
22/08/17 = 5 eggs
23/08/17 = 7 eggs
24/08/17 = 10 eggs
25/08/17 = 13 eggs

You are really making progress

The picture shows tracking of how much I have spent till date on all expenses relating to the bird farm including salary of + 1 worker.
I created this in excel to track expenses and incomings and also our daily collections

That’s up to date now, if there is enough interest in this post I would continue with updates.

I created some formulas in the excel file sheet to update the figures automatically

Epe, I have just started, would get more pictures, would keep you updated with the timeline and lastly I am a learner too but you can learn from this if you want to.

Mcowubaba:
Ok
Location?
Pictures?
Timeline?
And more especially your word of advice

Thank you

ijobaooorun:
You are really making progress

Very nice, clear and articulate
I'm observing closely for more details

nice one


following

27/08/2017 @ 23 weeks old bird weight is 1,449 grams growth of 130 grams.
We are getting close to the target weight of 1500 grams for the age of the birds
26/08/17 = 18 eggs
We have to exercise a bit of patience

Someone pointed out that my post is coming under food instead of agriculture
So I am moving this topic to agriculture if you still want to follow, its the same topic under agriculture