₦airaland Forum

I was looking for a cost analysis of 100 birds poultry but the one I saw was outdated, so this is a kinda update.

Let's go!



Price of Isa Brown DOC: 1000 × 100 = #100,000


Feed for week 1 to 4: 1.5kg × 100 = 150kg
150 kg = 6 bags
6 bags × 27,500 = #165,000


Feed for week 5 to 8: 1.6kg × 100 = 160kg
160kg ~ 7 bags
7 bags × 27,500 = #192,500


Feed for week 9 to 16: 4kg × 100 = 400kg
400kg = 16 bags
16 bags × 27,500 = #440,000

Feed for week 17 to 20: 2kg × 100 = 200kg
200kg = 8 bags
8 bags × 27,500 = #220,000

Vaccines #30,000
Drugs #30,000

Feed for laying period = 120g × 100 × 365 = 4,380kg
4380kg = 175 bags
175 bags × 27,500 = #4,812,500



Laying at 90% for 50 weeks = 90eggs × 350 days
28,000 eggs = 933 crates


1050 crates × 5900 = 6,195,000


94 Spent layers × 6000 = 564,000


Sum of sales = 6,759,000


Sum of costs = 5,990,000


Gross profit = 769,000


There are still costs involving brooding, battery cage (or nesting boxes in deep litter), feeders and drinkers.

I didn't include revenue from sales of poultry manure either. It'll probably be somewhere between 180,00 to #300,000.

Perhaps sales of poultry manure can offset the costs I didn't include.


Looking at the costs involved, it isn't worth it except you have a way to seriously reduce the cost of feed. You will have a sizable profit in that case. Otherwise, rearing broilers is better due to its fast turnover.

Link to the old thread:

https://www.nairaland.com/4134570/dont-fooled-here-practical-cost/1

Duration of production cycle compared to profit

Certainly not advisable. From 400 and above may be worth it though

In all sincerity, you really tried with your break -down on the Cost Analysis Of Rearing 100 Pullet of Isa Brown from day old till market.
But considering these two factors that I noticed, the calculation and the cost feed and feeding are far too much.
1. The birds cumulatively for 4 weeks are NOT suppose to consume beyond 0.6kg *100 = 60kg /25 = 2.4kg bags, 5-8 weeks,1.2kg *100=120kg of feeds/25=4.8bags and so on and so forth
2. The cost that you quoted per bag of 25kg of feed is on the high side.
And in order to beat the price down, that is why , you need to contact us at theFarmsChief via Whatsapp 09156563202 to put you through on quality poultry feed that is far cheaper than what you can image.

theFarmsChief:
In all sincerity, you really tried with your break -down on the Cost Analysis Of Rearing 100 Pullet of Isa Brown from day old till market.
But considering these two factors that I noticed, the calculation and the cost feed and feeding are far too much.
1. The birds cumulatively for 4 weeks are NOT suppose to consume beyond 0.6kg *100 = 60kg /25 = 2.4kg bags, 5-8 weeks,1.2kg *100=120kg of feeds/25=4.8bags and so on and so forth
2. The cost that you quoted per bag of 25kg of feed is on the high side.
And in order to beat the price down, that is why , you need to contact us at theChiefsFarm via Whatsapp 09156563202 to put you through on quality poultry feed that is far cheaper than what you can image.

Thanks for your contribution. With a couple more submissions like yours, we can make it accurate. I just want to see if egg production is a comfortably profitable business or only profitable for those who know are aware of the business secrets.

You know what? Poultry Egg Production is very lucrative irrespective of the quantity you are starting with.
I can assure you that ₦110,000 is guaranteed at minimum per month if you have 100 laying birds at 90% laying capacity .
This your profit can as well be more if you are producing your feed all your yourself.
Whatever information I have given you is PURELY PRACTICAL and not theoretical. If you have or know of anyone around you that is into it, kindly ask him/her .
The ₦110,000 I quoted is your TOTAL PROFIT when all deductions have been made and NOTE that you are not paying for labour with such fewer number of birds.
SO, IF YOU HAVE THE CAPACITY TO START, PLEASE DON'T HESITATE.

Thanks for the encouragement. If I'm able to start, I will start a thread here on NL.

theFarmsChief:
You know what? Poultry Egg Production is very lucrative irrespective of the quantity you are starting with.
I can assure you that ₦110,000 is guaranteed at minimum per month if you have 100 laying birds at 90% laying capacity .
This your profit can as well be more if you are producing your feed all your yourself.
Whatever information I have given you is PURELY PRACTICAL and not theoretical. If you have or know of anyone around you that is into it, kindly ask him/her .
The ₦110,000 I quoted is your TOTAL PROFIT when all deductions have been made and NOTE that you are not paying for labour with such fewer number of birds.
SO, IF YOU HAVE THE CAPACITY TO START, PLEASE DON'T HESITATE.

For some of us that doubt the ROI of ₦110,000 monthly for 100 birds, do you mind sharing the feasibility or breakdowns with us. What do you feed the birds with and how do you cut down cost without negatively impacting productivity and still attain such high returns/profit on just one hundred birds?

It'll be an interesting read.

Go for mushrooms or fish. Leave birds

As you humbly requested for the cost and benefit analysis of 100 Pullet from day old.The information is as below:
Cost of 100 day old pullet presently is ₦1100 *100=₦110,000
Feeding :Wk1 - Wk3 (Super Chick Starter) 0.4kgof feed consumed * 3 = 40kg/25kg = 1.6 bags * ₦18500 ( price per bag) = ₦29,600
Feeding: WK 4 - 6 ( Chicks Mash), 0.7kg per bird * 100 = 70kg/25kg = 2.8 bags * ₦18500 = ₦51,800
Feeding: WK 7 - 9 ( Chicks Mash) 1.1kg of feed per bird * 100 = 110kg /25kg = 4.4 bags * ₦18,500 = ₦81,400
Feeding: WK 10 - 16 ( Grower Mash),3.3kg of feed per bird * 100 = 330kg /25kg = 13.2 bags * ₦18500 = ₦244,200
Feeding: WK 17 - 18 (Prelay), 1.1kg per bird * 100 = 110 kg /25kg = 4.4 bags * ₦18500 = ₦81400
Feeding: WK 18 - 20 (Prelay) 7baga* ₦18500 = ₦129,500
%age Mortality (5%) = 5
Expected remaining number of birds = 95
Expected cost of vaccination and medication:₦50,000
Note: Under good management practices,your Isa Brown should start laying by wèek 18 - 20 at a very low percentage which I am NOT capturing under this analysis.
But by wèek 21, the birds should be able to start catering for their feeding and drugs with no hassle and at this stage , you should be expecting them (100 birds in quote) to be consuming on the average of 115gramme /bird = 115g/1000g = 0.115kg /bird * 100 = 11.5kg. Let assume that a bag of layer mash is still ₦18500, therefore divide the value by 25 and then multiply it by 11.5 as thus (₦18500/25) * 11.5 = ₦8510 as the cost of feeding them on daily basis.
And for the output which is egg, the egg production curve is between 50 - 80 % which will keep rising till week 65 and then reduce a bit to 80% around week 80 while between week 81 - 90, the average egg laying pattern will fall back to between 50-65 % and this is the ideal time for you to sell them off as spent birds.
Coming back to eggs ,let assume that the average laying percentage with good management practices is 83%, therefore, on the average, you are suppose to be making the following income first without any deductions (85/100) * 95 = 80 eggs /30= 2.6 crates * ₦5000 ( farm gate price per crate) on daily basis . Note: This price can be more in your own area and it is NOT CONSTANT .
The sales amount to ₦13300 daily minus cost of production ,that is cost of feed ₦8510 = ₦4790 * 30 = ₦143,700
There are still more calculations, but let me stop here as I have proved to you that it worths it. And by the time, you consider your cost of setting up the business aside the building and other fixes assets, you will know that ₦110,000 is GUARANTEED per month.
IN ALL HONESTY, THIS INFORMATION I HAVE SHARED WITH YOU US PURELY PRACTICAL AND WITH A KNOWLEDGE GATHERED WITH ADEQUATE RECORD KEEPING.

WISHING YOU THE VERY BEST

I am glad the OP did his research well. He wrote down the price of feed he could get, and someone claiming to be a chief wants to convince him that the cost of feeding he is using is excessive. Lol. I looked at the chief's quotes and wondered if he was not aware of Nigeria's rapid inflation rate. If the OP, who is new to the business, uses a constant price for a year-long cycle of laying birds, I am not sure how a business chief decided to do the same. That's hilarious. My guess is that the chief wants OP to patronize him so he can teach him how to save money on feeding in return for a fee, or become his supplier. Lol. Naijas are over smart.

OP, broiler production has always been more profitable than layer production, and if broiler producers are complaining, I am guessing layer producers are in trouble. The advantage of broiler production is that you can see whether you have succeeded or failed within two months. However, with layers, the likes of chief will use your head to play "kalokalo" for a whole year before you wake up from your slumber.

Here is my suggestions: Newbies....stay away from anything farming in Nigeria at the moment. Crops, fruits, trees, vegetables.....poultry, livestocks, piggery, etc. Stay away from them all. The economy is not favorable for a newbie to start anything. Leave the scene for experienced farmers who can navigate it. It is a complex situation we are all facing presently in Nigeria.

If you want to learn how to farm, do so for your own health rather than for a profit. If you go into it at this time, na you sabi.

If you let anyone use you to have a wonderful Christmas and New Year for his family, na you sabi.

Good luck to everyone reading.

epainos:
I am glad the OP did his research well. He wrote down the price of feed he could get, and someone claiming to be a chief wants to convince him that the cost of feeding he is using is excessive. Lol. I looked at the chief's quotes and wondered if he was not aware of Nigeria's rapid inflation rate. If the OP, who is new to the business, uses a constant price for a year-long cycle of laying birds, I am not sure how a business chief decided to do the same. That's hilarious. My guess is that the chief wants OP to patronize him so he can teach him how to save money on feeding in return for a fee, or become his supplier. Lol. Naijas are over smart.

OP, broiler production has always been more profitable than layer production, and if broiler producers are complaining, I am guessing layer producers are in trouble. The advantage of broiler production is that you can see whether you have succeeded or failed within two months. However, with layers, the likes of chief will use your head to play "kalokalo" for a whole year before you wake up from your slumber.

Here is my suggestions: Newbies....stay away from anything farming in Nigeria at the moment. Crops, fruits, trees, vegetables.....poultry, livestocks, piggery, etc. Stay away from them all. The economy is not favorable for a newbie to start anything. Leave the scene for experienced farmers who can navigate it. It is a complex situation we are all facing presently in Nigeria.

If you want to learn how to farm, do so for your own health rather than for a profit. If you go into it at this time, na you sabi.

If you let anyone use you to have a wonderful Christmas and New Year for his family, na you sabi.

Good luck to everyone reading.

Happy Christmas my person

epainos:
I am glad the OP did his research well. He wrote down the price of feed he could get, and someone claiming to be a chief wants to convince him that the cost of feeding he is using is excessive. Lol. I looked at the chief's quotes and wondered if he was not aware of Nigeria's rapid inflation rate. If the OP, who is new to the business, uses a constant price for a year-long cycle of laying birds, I am not sure how a business chief decided to do the same. That's hilarious. My guess is that the chief wants OP to patronize him so he can teach him how to save money on feeding in return for a fee, or become his supplier. Lol. Naijas are over smart.

OP, broiler production has always been more profitable than layer production, and if broiler producers are complaining, I am guessing layer producers are in trouble. The advantage of broiler production is that you can see whether you have succeeded or failed within two months. However, with layers, the likes of chief will use your head to play "kalokalo" for a whole year before you wake up from your slumber.

Here is my suggestions: Newbies....stay away from anything farming in Nigeria at the moment. Crops, fruits, trees, vegetables.....poultry, livestocks, piggery, etc. Stay away from them all. The economy is not favorable for a newbie to start anything. Leave the scene for experienced farmers who can navigate it. It is a complex situation we are all facing presently in Nigeria.

If you want to learn how to farm, do so for your own health rather than for a profit. If you go into it at this time, na you sabi.

If you let anyone use you to have a wonderful Christmas and New Year for his family, na you sabi.

Good luck to everyone reading.

You spoke straight from your heart! Dammit! Nigeria don show all of us shege

Beautiful analysis but I must tell you that this is just theory. My neighbour here has been into poultry and egg production for years. But, she stopped this year.

Do you know why??
The price of the layers feed has gone up and sadly, the quality has reduced.
Her 500 pullets use to lay 14-15 crates of egg per day. But now, after buying layers feed at 25k per bag, she gets 7-10 crates per day.
The culprit is the feed quality. Changing feeds helped a little but not much.
Those still in the business are just managing by selling one crate at almost 5k.

What a collosal loss? So, she quit and sold off the birds.
Wahala dey for Naija now, be very careful with your projections.

kayceecompany:
Beautiful analysis but I must tell you that this is just theory. My neighbour here has been into poultry and egg production for years. But, she stopped this year.

Do you know why??
The price of the layers feed has gone up and sadly, the quality has reduced.
Her 500 pullets use to lay 14-15 crates of egg per day. But now, after buying layers feed at 25k per bag, she gets 7-10 crates per day.
The culprit is the feed quality. Changing feeds helped a little but not much.
Those still in the business are just managing by selling one crate at almost 5k.

What a collosal loss? So, she quit and sold off the birds.
Wahala dey for Naija now, be very careful with your projections.

Thank you for contributing. Pls what was your neighbour's location and how old were her birds?

I just dug some more and I saw that layers feed is far cheaper than projected. One crate is close to 6k in my area as well.


I will drop an updated version with the new prices

theFarmsChief:
As you humbly requested for the cost and benefit analysis of 100 Pullet from day old.The information is as below:
Cost of 100 day old pullet presently is ₦1100 *100=₦110,000
Feeding :Wk1 - Wk3 (Super Chick Starter) 0.4kgof feed consumed * 3 = 40kg/25kg = 1.6 bags * ₦18500 ( price per bag) = ₦29,600
Feeding: WK 4 - 6 ( Chicks Mash), 0.7kg per bird * 100 = 70kg/25kg = 2.8 bags * ₦18500 = ₦51,800
Feeding: WK 7 - 9 ( Chicks Mash) 1.1kg of feed per bird * 100 = 110kg /25kg = 4.4 bags * ₦18,500 = ₦81,400
Feeding: WK 10 - 16 ( Grower Mash),3.3kg of feed per bird * 100 = 330kg /25kg = 13.2 bags * ₦18500 = ₦244,200
Feeding: WK 17 - 18 (Prelay), 1.1kg per bird * 100 = 110 kg /25kg = 4.4 bags * ₦18500 = ₦81400
Feeding: WK 18 - 20 (Prelay) 7baga* ₦18500 = ₦129,500
%age Mortality (5%) = 5
Expected remaining number of birds = 95
Expected cost of vaccination and medication:₦50,000
Note: Under good management practices,your Isa Brown should start laying by wèek 18 - 20 at a very low percentage which I am NOT capturing under this analysis.
But by wèek 21, the birds should be able to start catering for their feeding and drugs with no hassle and at this stage , you should be expecting them (100 birds in quote) to be consuming on the average of 115gramme /bird = 115g/1000g = 0.115kg /bird * 100 = 11.5kg. Let assume that a bag of layer mash is still ₦18500, therefore divide the value by 25 and then multiply it by 11.5 as thus (₦18500/25) * 11.5 = ₦8510 as the cost of feeding them on daily basis.
And for the output which is egg, the egg production curve is between 50 - 80 % which will keep rising till week 65 and then reduce a bit to 80% around week 80 while between week 81 - 90, the average egg laying pattern will fall back to between 50-65 % and this is the ideal time for you to sell them off as spent birds.
Coming back to eggs ,let assume that the average laying percentage with good management practices is 83%, therefore, on the average, you are suppose to be making the following income first without any deductions (85/100) * 95 = 80 eggs /30= 2.6 crates * ₦5000 ( farm gate price per crate) on daily basis . Note: This price can be more in your own area and it is NOT CONSTANT .
The sales amount to ₦13300 daily minus cost of production ,that is cost of feed ₦8510 = ₦4790 * 30 = ₦143,700
There are still more calculations, but let me stop here as I have proved to you that it worths it. And by the time, you consider your cost of setting up the business aside the building and other fixes assets, you will know that ₦110,000 is GUARANTEED per month.
IN ALL HONESTY, THIS INFORMATION I HAVE SHARED WITH YOU US PURELY PRACTICAL AND WITH A KNOWLEDGE GATHERED WITH ADEQUATE RECORD KEEPING.

I understand and thank you. Truly, the feed didn't cost as much as I projected and it can be done on deep litter to cut costs. However, the margin I'm calculating here is not as healthy as the 110k. I will update soon.

New version

I will still be going out to monitor the fluctuation in feed prices. There is a feedmill near me.

battery cage with feeders and drinkers = #220,000.


Charcoal 2½ bags = #15,000

Debeaking = Manually ~ #0.00

Price of Isa Brown DOC: 1200 × 100 = #120,000
(Broiler DOC has crashed to 750 today, btw)

Feed for week 1 to 4: 1.5kg × 100 = 150kg
150 kg = 6 bags
6 bags × 27,500 = #165,000


Feed for week 5 to 8: 1.6kg × 100 = 160kg
160kg ~ 7 bags
7 bags × 27,500 = #192,500


Feed for week 9 to 16: 4kg × 100 = 400kg
400kg = 16 bags
16 bags × 23,500 = #376,000

Feed for week 17 to 20: 2kg × 100 = 200kg
200kg = 8 bags
8 bags × 23,500 = #188,000

Vaccines #30,000
Drugs #30,000


Costs before laying #1,336,500

Feed for laying period = 120g × 100 × 365 = 4,380kg
4380kg = 175 bags
175 bags × 20,500 = #3,587,500



Laying at 85% for 50 weeks = 85eggs × 350 days
29,750 eggs = 991 crates


991 crates × 5700 = 5,648,700


94 Spent layers × 6000 = 564,000


Manure sales = 300,000


Sum of sales = 6,512,700


Sum of costs = 4,924,000


Profit = 1,588,700

Profit: You will get your initial investment back plus additional #1,588,700 in 1½ years.



If each cycle lasts 1 year and 5 months,

Then profit per month is #93,452.

Initial spending is #1,336,500 before the birds start fending for themselves.


Good profit if you have land and housing already. If not, start with at least 400 birds.


You can also check jidestroud thread
https://www.nairaland.com/7957008/400-layer-birds-start-up-episode for more info

@epainos
Spot on analysis.

My honest opinion (Personal ooo) to all newbies, it's a very volatile sector right now, and a very dangerous terrain at that. Thread careful.

jidestroud:
@epainos
Spot on analysis.

My honest opinion (Personal ooo) to all newbies, it's a very volatile sector right now, and a very dangerous terrain at that. Thread careful.

True. Layers should be left for the professionals for now. Broilers are fair game though. I will run a cost analysis on them next

Wait and Listen!
You probably have heard of BSF as tge alternative feed source that you can produce yourself and crash feed cost. Why spend all money on feed when you can actually produce part of the feed and make more profit.
Don't know where and how to start?
No problem. Contact me on 07035418409 WhatsApp and order for BSF eggs. Yes BSF egg. That is how to start. Still don't how to turn it your poultry feed?
I give free beginner training on how to raise bsf and will also provide you with video instructions that you can follow step by step when you purchase BSF egg from us. Distance is no barrier. We will ship your BSF egg to you ANYWHERE in Nigeria, logistics terms applied.

You are just lazy that's why you spend heavily on feeds. Why don't you try alternative feeds once in a while. I can't take this cost analysis and time range with mere profit as being lucrative. What of fatality, assuming catastrophy happens, few bird deaths can mean no or less profit

epainos:
I am glad the OP did his research well. He wrote down the price of feed he could get, and someone claiming to be a chief wants to convince him that the cost of feeding he is using is excessive. Lol. I looked at the chief's quotes and wondered if he was not aware of Nigeria's rapid inflation rate. If the OP, who is new to the business, uses a constant price for a year-long cycle of laying birds, I am not sure how a business chief decided to do the same. That's hilarious. My guess is that the chief wants OP to patronize him so he can teach him how to save money on feeding in return for a fee, or become his supplier. Lol. Naijas are over smart.

OP, broiler production has always been more profitable than layer production, and if broiler producers are complaining, I am guessing layer producers are in trouble. The advantage of broiler production is that you can see whether you have succeeded or failed within two months. However, with layers, the likes of chief will use your head to play "kalokalo" for a whole year before you wake up from your slumber.

Here is my suggestions: Newbies....stay away from anything farming in Nigeria at the moment. Crops, fruits, trees, vegetables.....poultry, livestocks, piggery, etc. Stay away from them all. The economy is not favorable for a newbie to start anything. Leave the scene for experienced farmers who can navigate it. It is a complex situation we are all facing presently in Nigeria.

If you want to learn how to farm, do so for your own health rather than for a profit. If you go into it at this time, na you sabi.

If you let anyone use you to have a wonderful Christmas and New Year for his family, na you sabi.

Good luck to everyone reading.

Oga, dont discourage people from going into Agriculture o. Please encourage them to do backyard farming or small scale farming on undeveloped lands in the neighbourhood. Small scale farming helps a lot. Thanks.

epainos:
I am glad the OP did his research well. He wrote down the price of feed he could get, and someone claiming to be a chief wants to convince him that the cost of feeding he is using is excessive. Lol. I looked at the chief's quotes and wondered if he was not aware of Nigeria's rapid inflation rate. If the OP, who is new to the business, uses a constant price for a year-long cycle of laying birds, I am not sure how a business chief decided to do the same. That's hilarious. My guess is that the chief wants OP to patronize him so he can teach him how to save money on feeding in return for a fee, or become his supplier. Lol. Naijas are over smart.

OP, broiler production has always been more profitable than layer production, and if broiler producers are complaining, I am guessing layer producers are in trouble. The advantage of broiler production is that you can see whether you have succeeded or failed within two months. However, with layers, the likes of chief will use your head to play "kalokalo" for a whole year before you wake up from your slumber.

Here is my suggestions: Newbies....stay away from anything farming in Nigeria at the moment. Crops, fruits, trees, vegetables.....poultry, livestocks, piggery, etc. Stay away from them all. The economy is not favorable for a newbie to start anything. Leave the scene for experienced farmers who can navigate it. It is a complex situation we are all facing presently in Nigeria.

If you want to learn how to farm, do so for your own health rather than for a profit. If you go into it at this time, na you sabi.

If you let anyone use you to have a wonderful Christmas and New Year for his family, na you sabi.

Good luck to everyone reading.

LOVE this Comment

Redman44:
Oga, dont discourage people from going into Agriculture o. Please encourage them to do backyard farming or small scale farming on undeveloped lands in the neighbourhood. Small scale farming helps a lot. Thanks.

...but that's what He did when He said only do so for your own health

Please, do you have up to date info about this business? It's something I want to get into this year. I'd appreciate your inputs.

Bodex2000:
New version

I will still be going out to monitor the fluctuation in feed prices. There is a feedmill near me.

battery cage with feeders and drinkers = #220,000.


Charcoal 2½ bags = #15,000

Debeaking = Manually ~ #0.00

Price of Isa Brown DOC: 1200 × 100 = #120,000
(Broiler DOC has crashed to 750 today, btw)

Feed for week 1 to 4: 1.5kg × 100 = 150kg
150 kg = 6 bags
6 bags × 27,500 = #165,000


Feed for week 5 to 8: 1.6kg × 100 = 160kg
160kg ~ 7 bags
7 bags × 27,500 = #192,500


Feed for week 9 to 16: 4kg × 100 = 400kg
400kg = 16 bags
16 bags × 23,500 = #376,000

Feed for week 17 to 20: 2kg × 100 = 200kg
200kg = 8 bags
8 bags × 23,500 = #188,000

Vaccines #30,000
Drugs #30,000


Costs before laying #1,336,500

Feed for laying period = 120g × 100 × 365 = 4,380kg
4380kg = 175 bags
175 bags × 20,500 = #3,587,500



Laying at 85% for 50 weeks = 85eggs × 350 days
29,750 eggs = 991 crates


991 crates × 5700 = 5,648,700


94 Spent layers × 6000 = 564,000


Manure sales = 300,000


Sum of sales = 6,512,700


Sum of costs = 4,924,000


Profit = 1,588,700

Profit: You will get your initial investment back plus additional #1,588,700 in 1½ years.



If each cycle lasts 1 year and 5 months,

Then profit per month is #93,452.

Initial spending is #1,336,500 before the birds start fending for themselves.


Good profit if you have land and housing already. If not, start with at least 400 birds.


You can also check jidestroud thread
https://www.nairaland.com/7957008/400-layer-birds-start-up-episode for more info

Cost of feed has reduced but the price of eggs has also reduced, so it is easier to get into.

However, the profit margin is still more or less, the same. If you have an under-supplied market around you to supply, then that would be a perfect reason to get in

StonedLex:
Please, do you have up to date info about this business? It's something I want to get into this year. I'd appreciate your inputs.

Thanks a lot for your response. How many birds do you think I can start with ₦1m?

Bodex2000:
Cost of feed has reduced but the price of eggs has also reduced, so it is easier to get into.

However, the profit margin is still more or less, the same. If you have an under-supplied market around you to supply, then that would be a perfect reason to get in