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Why Livestock Farming Is Not Profitable In Nigeria Honest Truth - Agriculture - Nairaland

Nairaland Forum › Nairaland General › Agriculture › Why Livestock Farming Is Not Profitable In Nigeria Honest Truth (572 Views)

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Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by delefresh(op): 1:42pm On Apr 24
Let’s be honest…

A lot of people say farming is profitable, but many farmers are still struggling or even quitting.

So what’s really going on?

Here are the real problems:

Feed is too expensive
Many people enter farming without knowledge
Disease wipes out farms overnight
Bad housing system
Middlemen control prices

But here’s the truth most people won’t tell you

Farming is still profitable if done the right way.

The problem is not farming…
The problem is HOW people farm in Nigeria.

So I want to ask:

Do you think livestock farming is still profitable in Nigeria today?

Let’s discuss.

Bamidele Alimi
Delefreshfarms
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by Wealthyonos(m): 2:21pm On Apr 24
When I was rearing goats in the village, I never bought feed one day for my goats. You can use grasses all through. You can sit down and list all the goat feeds that shouldn't cost you much and focus on those feeds. You can grow from there.
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by Oluchiugo: 3:44pm On Apr 24
Livestock farming is still very profitable, I am a Poultry farmer(Layers precisely) and i make 80k monthly on 50 birds. I just increased by birds to 200 at the end of last year and i currently make 350k PROFIT monthly. All i need is capital to extend my farm.

Mind you, i work in a Feedmill currently and will resign once my birds get to 1000 laying birds

So the way and manner you handle the biz is the key.

Thanks
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by Yampotatocarrot(m): 9:47am On Apr 25
Oluchiugo:
Livestock farming is still very profitable, I am a Poultry farmer(Layers precisely) and i make 80k monthly on 50 birds. I just increased by birds to 200 at the end of last year and i currently make 350k PROFIT monthly. All i need is capital to extend my farm.

Mind you, i work in a Feedmill currently and will resign once my birds get to 1000 laying birds

So the way and manner you handle the biz is the key.

Thanks
Kindly help out with the following questions for a newbie...

What do you think about buying, say 20 point of lays and just raising them for the egg, rather than going through all the hassles of raising them from day old?

How long will they lay before they're "exhausted"?

How many eggs can one expect from them, say per week?

(Just want to go add it just as a side hustle... Don't have much space... Just something to get small funds to offset little bills around the house)

What's your advice generally?
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by delefresh(op): 10:00am On Apr 25
Interesting breakdown, boss 👍🏽 and I like that you mentioned scaling from 50 to 200 birds that’s where the real picture starts to show.

But I’d really like you to help break this down further so others here can learn properly (a lot of people just hear “₦350k profit” and jump in blindly)

How many bags of feed are you using monthly for the 200 layers?
What’s your average daily or weekly egg production (in crates)?
At what price are you selling per crate (farm gate price)?
Roughly how much do you spend monthly on medication/vaccination?
How are you powering your water system generator, NEPA, or solar (and cost implication)?

Because from experience, feed alone is where many people get shocked, especially with current prices.

Not doubting your numbers at all just trying to make the discussion more practical so upcoming farmers don’t enter with wrong expectations.

Would really appreciate the breakdown 🙏🏽

Bamidele Alimi
Delefresh Farms

Oluchiugo:
Livestock farming is still very profitable, I am a Poultry farmer(Layers precisely) and i make 80k monthly on 50 birds. I just increased by birds to 200 at the end of last year and i currently make 350k PROFIT monthly. All i need is capital to extend my farm.

Mind you, i work in a Feedmill currently and will resign once my birds get to 1000 laying birds

So the way and manner you handle the biz is the key.

Thanks
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by delefresh(op): 10:03am On Apr 25
That’s a very valid point 👌🏽 especially for goats where you can rely more on natural feeding.

But I’d really like to understand your setup better so people here don’t assume it’s that easy for everyone.

How many goats were you rearing at that time?
How long did it take them to reach market weight?
Were you running semi-intensive or fully free-range?
Did you experience any losses (disease, theft, etc.)?
And during dry season, how did you manage feeding when grasses are scarce?

Because a lot of people hear “no feed cost” and jump in, but don’t factor in time, growth rate, and management challenges.

Your experience is very valuable if you can break it down a bit more, it will really help others here understand the real picture 🙏🏽

Bamidele Alimi
Delefresh Farms

Wealthyonos:
When I was rearing goats in the village, I never bought feed one day for my goats. You can use grasses all through. You can sit down and list all the goat feeds that shouldn't cost you much and focus on those feeds. You can grow from there.
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by Oluchiugo: 2:41pm On Apr 25
Yampotatocarrot:
1. No issues with buying POL but just make sure u trust the source and they give u all detailed info about the birds. Ensure they r not sick birds o

2. As long as u wish.....some sell off after 1 yr of laying whike some after 2 yrs. Generally sell them when the returns u r getting from them is too low to spend money feeding them. U r a business man.

3. Maximum of 6 eggs per week......they lay every 26hrs.

Generally i would strongly advise investment in Laying birds over Broilers. Layers is steady income daily once they start laying, just make sure u follow your routine treatment religiously e.g. Vaccination, Deworming, Antibiotics and Vitamins........shikenan!!!.

Kindly help out with the following questions for a newbie...

What do you think about buying, say 20 point of lays and just raising them for the egg, rather than going through all the hassles of raising them from day old?

How long will they lay before they're "exhausted"?

How many eggs can one expect from them, say per week?

(Just want to go add it just as a side hustle... Don't have much space... Just something to get small funds to offset little bills around the house)

What's your advice generally?
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by Oluchiugo: 3:04pm On Apr 25
No wahala Chairman,

Feeding - 21kg daily(630kg a month)
Cost of Feed - 1 bag is #13100, #524/kg(i buy directly from company, long leg things....i work in a Feedmill remember?)
Total cost of feed/month - #524*630kg(#330,120)
Total Vaccination - 2 vaccinations per month...Lasota and Gumboro(#6000 approx.)
Vitamins - #6000 approx(i buy liquid vits. in bulk)
Special Organic acid - #37,000(i dont use Antibiotics nor dewormer, i use a special kind of Organic acid and that balances the birds GIT and keeps them free of diseases aside from Viruses)
Transportation - #20,000(not sure but it is far less than this, na my house e dey)
Miscellaneous - #20,000(not sure what to add here, but water follow. I have borehole at home where i sell water to the public,so i fetch from there)

Total expenses - 420,000(approx.)

Avg Daily egg production at 85% production - 170eggs
Avg Monthly production - 5270eggs
Cost of 1crate of egg - #5000( 1 egg is #166)
Total egg Sales - #874820

PROFIT - Total egg Sales - Total expenses
= 874,820- 420,000
= #454,820
delefresh:
Interesting breakdown, boss 👍🏽 and I like that you mentioned scaling from 50 to 200 birds that’s where the real picture starts to show.

But I’d really like you to help break this down further so others here can learn properly (a lot of people just hear “₦350k profit” and jump in blindly)

How many bags of feed are you using monthly for the 200 layers?
What’s your average daily or weekly egg production (in crates)?
At what price are you selling per crate (farm gate price)?
Roughly how much do you spend monthly on medication/vaccination?
How are you powering your water system generator, NEPA, or solar (and cost implication)?

Because from experience, feed alone is where many people get shocked, especially with current prices.

Not doubting your numbers at all just trying to make the discussion more practical so upcoming farmers don’t enter with wrong expectations.

Would really appreciate the breakdown 🙏🏽

Bamidele Alimi
Delefresh Farms
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by Oluchiugo: 3:12pm On Apr 25
Like i said, if i am making such amount on 200 birds.......i am imagining what i can make when my birds are up to 1000birds. And once i achieve that, its goodbye to paid job and the next will be to produce my own feed myself

We dey chop some eggs for house and sometimes due to weather and some other unforeseen issues production no dey meet up but we quickly adjust.

By Gods grace i hope to scale up to 500 by this year end.......so help me God
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by Redman44(m): 3:51am On Apr 26
Oluchiugo:
Like i said, if i am making such amount on 200 birds.......i am imagining what i can make when my birds are up to 1000birds. And once i achieve that, its goodbye to paid job and the next will be to produce my own feed myself

We dey chop some eggs for house and sometimes due to weather and some other unforeseen issues production no dey meet up but we quickly adjust.

By Gods grace i hope to scale up to 500 by this year end.......so help me God
I like your style.....🙂. Gradual build up and not starting big. It is the best way to do business. You must have learnt a lot of things since you started. Now you are increasing the number of birds steadily. You also have the advantage of working in a feed mill. Knowledge is very important. Kudos.
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by ahmedio2017(m): 6:06pm On Apr 26
Oluchiugo:
Like i said, if i am making such amount on 200 birds.......i am imagining what i can make when my birds are up to 1000birds. And once i achieve that, its goodbye to paid job and the next will be to produce my own feed myself

We dey chop some eggs for house and sometimes due to weather and some other unforeseen issues production no dey meet up but we quickly adjust.


But what about marketing, once you attain 1000 birds marketing issues comes in

By Gods grace i hope to scale up to 500 by this year end.......so help me God
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by Oluchiugo: 6:19pm On Apr 26
[quote author=ahmedio2017 post=139221397][/quote]Honestly.......Egg buyers locate egg farms and we have not been able to meet up with supplies. As we grow we are also building our Customer base. 1000 birds should bring about 26 crates daily. We currently get average of 5 crates daily now and by his grace we will build our Customer base as we grow. For the records, i have my eyes on developing Egg powder
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by ahmedio2017(m): 9:03pm On Apr 26
Oluchiugo:
Honestly.......Egg buyers locate egg farms and we have not been able to meet up with supplies. As we grow we are also building our Customer base. 1000 birds should bring about 26 crates daily. We currently get average of 5 crates daily now and by his grace we will build our Customer base as we grow. For the records, i have my eyes on developing Egg powder
Which state is that
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by Oluchiugo: 6:49am On Apr 27
ahmedio2017:
Delta
Which state is that
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by delefresh(op): 12:13pm On Apr 27
Thanks for taking time to break this down boss 👌🏽 this is very detailed and helpful.

But I think there are a few important points we need to highlight for people reading this thread, so they don’t misunderstand the real situation:

From your explanation, you mentioned you work in a feed mill and you’re buying feed at about ₦13,100 per bag.

For most farmers outside, good layer feed is currently around ₦18,000 – ₦20,000+ per bag depending on brand and location.

So I want to ask:

If someone is buying feed at market price (₦18k–₦20k), how will that affect your profit calculation?
Can you estimate what your total feed cost would be at that price?
Do you think your current profit margin is still achievable without access to feed mill pricing?

Also:

You mentioned 85% production (170 eggs daily from 200 birds), are these birds still within peak laying period?
How long have they maintained that production rate?
What happens to your numbers when production drops to 60–65% (which is common over time)?

And another important part:

You said you don’t use antibiotics or dewormers, only organic acid has that been consistent with zero losses?
For someone starting fresh without your experience, do you think this approach is safe?

I’m asking this because many new farmers will read “₦450k profit” and assume it applies generally, without considering access to cheaper inputs and operational advantages.

Your experience is solid no doubt just trying to make the discussion realistic for everyone 👍🏽

Bamidele Alimi
Delefresh Farms

Oluchiugo:
No wahala Chairman,

Feeding - 21kg daily(630kg a month)
Cost of Feed - 1 bag is #13100, #524/kg(i buy directly from company, long leg things....i work in a Feedmill remember?)
Total cost of feed/month - #524*630kg(#330,120)
Total Vaccination - 2 vaccinations per month...Lasota and Gumboro(#6000 approx.)
Vitamins - #6000 approx(i buy liquid vits. in bulk)
Special Organic acid - #37,000(i dont use Antibiotics nor dewormer, i use a special kind of Organic acid and that balances the birds GIT and keeps them free of diseases aside from Viruses)
Transportation - #20,000(not sure but it is far less than this, na my house e dey)
Miscellaneous - #20,000(not sure what to add here, but water follow. I have borehole at home where i sell water to the public,so i fetch from there)

Total expenses - 420,000(approx.)

Avg Daily egg production at 85% production - 170eggs
Avg Monthly production - 5270eggs
Cost of 1crate of egg - #5000( 1 egg is #166)
Total egg Sales - #874820

PROFIT - Total egg Sales - Total expenses
= 874,820- 420,000
= #454,820
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by ahmedio2017(m): 10:11pm On Apr 27
[quote author=Oluchiugo post=139224639][/quote]How are you controlling heat stress
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by fatjo(m): 5:30am On May 24
What is the price and setup cost for 200 birds.
I have about half plot space in my front yard Is it advisable or I should get a farmland.
secondly what is the best way to dispose bird poop and control the smell in residential area
Oluchiugo:
Like i said, if i am making such amount on 200 birds.......i am imagining what i can make when my birds are up to 1000birds. And once i achieve that, its goodbye to paid job and the next will be to produce my own feed myself

We dey chop some eggs for house and sometimes due to weather and some other unforeseen issues production no dey meet up but we quickly adjust.

By Gods grace i hope to scale up to 500 by this year end.......so help me God
Re: Why Livestock Farming Is Not Profitable In Nigeria Honest Truth by delefresh(op): 10:05pm On May 24
You have to factor a lot into the setup. From Cages, price of DOC and do you want to stock at POL or POL. Do you have experience in layers?

fatjo:
What is the price and setup cost for 200 birds.
I have about half plot space in my front yard Is it advisable or I should get a farmland.
secondly what is the best way to dispose bird poop and control the smell in residential area
1 Reply

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