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Profitability Of Pig Farming In Nigeria - Agriculture (2) - Nairaland

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Re: Profitability Of Pig Farming In Nigeria by charmingnd212(m): 1:51pm On Jan 06, 2018
how much does one pig cost?

1 Like

Re: Profitability Of Pig Farming In Nigeria by olufunkemie(f): 2:03pm On Jan 06, 2018
I am a pig farmer. if u need piglets or big pigs, contact me if u need. I stay in Oyo state

1 Like

Re: Profitability Of Pig Farming In Nigeria by giftiy(m): 2:12pm On Jan 06, 2018
Nairalanddist:
Pig meat is not good for consumption cos it carries the highest amount of tapeworms
Pork not pig meat

1 Like

Re: Profitability Of Pig Farming In Nigeria by oderemo(m): 2:22pm On Jan 06, 2018
this is a business i ventured into a while ago roughly 5yrs, it is a 24 hr. business and time consuming.
the main problems still associated with it is the mirage you will make money while doing it, definitely not that much,
reasons are, 1. lack of market exposure[2] taboo still associated with pig eating even when some fool are starving they will still not want to eat pig meat.
3] religious believes. etc
solution. [1] before venturing do your research and sort out your business account straight from the beginning.
2] garbage in garbage out, same as quality feed will give you robust result, PLEASE resist feeding cassava leftover to your pigs
3] the trick is sell your piglets at 3/4 months , we made more money selling early than wasting money to feed them for 1/2 years.
i can go and on but man is really busy now.
i have packed it in now but from experience next i start will be BIG PIG FARM.

5 Likes 1 Share

Re: Profitability Of Pig Farming In Nigeria by callonme(m): 3:07pm On Jan 06, 2018
For those who need fish feeds with:
High digestibility, Good Feed Conversion Ratio Optimum weight and Cheaper price
Bluecrown fish feeds give you all at an eco-friendly price.
Bluecrown feeds is a product of Crown Flour Mill, Nigeria.
Contact Aina Oluwagbenga Emmanuel on 08161175222 or 08022684619 for more info.
Re: Profitability Of Pig Farming In Nigeria by thewritingtodo(m): 3:07pm On Jan 06, 2018
Why is no one talking of the price of piglets and different breeds we can obtain here in Naija? Pls educate us a little more, can you?
Re: Profitability Of Pig Farming In Nigeria by Kingsley10000: 3:09pm On Jan 06, 2018
olufunkemie:
I am a pig farmer. if u need piglets or big pigs, contact me if u need. I stay in Oyo state
Give me ur contact,want to go into swine production
Re: Profitability Of Pig Farming In Nigeria by dannlukas(m): 3:28pm On Jan 06, 2018
Nairalanddist:
Pig meat is not good for consumption cos it carries the highest amount of tapeworms


Seems u consume raw meat...

1 Like

Re: Profitability Of Pig Farming In Nigeria by KINGPINE: 3:29pm On Jan 06, 2018
FEASIBILITY REPORT FOR A 40 SOWS
Items put into consideration include
Feeding
Salary
Medication
Miscellanous
Transportation

FEEDING
1 sow consumes 2kg of compounded feed daily
Feed Components
Inclusion rate %
Cost / kg


PKC
30
35
10.5

Cassava Peels
20
15
2.25

Fish Oil
5
5
0.25

Concentrates
35
35
10.5

Protein Supplements
10
10
1

Total
100

24.5






Therefore feeding of 1 sow =
2kg daily * 25 Naira /Kg
= 50Naira / Sow / Day
For 1 month
50Naira * 30 days =
1500Naira/Sow/1 Month
For 6 Months
50Naira * 180 days =
9000Naira /Sow/6 Months
Feeding of 40 sows for 6 months =
9000Naira * 40 Sows =
360000Naira / 40 sows /6 months











Feeding of 60 Porkers for 1 cycle
per Kg of Feed = 25 Naira
It takes approximately 7 months for a weaner to reach slaughter weight of 80 kg
If 1 porker will consume 1.2kg of feed daily for the first 3 months
1.2kg * 25 Naira = 30 Naira daily/ Animal

1 month = 30 Naira * 30 days =
900Naira / Month

3 Months = 30 Naira * 90 days =
2700Naira / Animal / 3 months

Remaining 4 Months
1 porker will consume 2kg daily
2kg * 25Naira = 50 Naira / Animal / Daily

50 Naira * 30 days =
1500Naira / Animal / Month

50Naira * 120 days =
6000Naira/Animal / 4 months

Total cost of raising 1 porker for 7 months =
3 months ( 2700 ) + 4 months ( 6000) = 8700 Naira for 7 months

Hence cost of feeding 60 porkers is as follows
30 Naira daily per aimal * 60 Porkers for first 3 months
= 1800Naira Daily /60 Porkers
50 Naira daily per animal * 60 Porkers for last 4 months
= 3000 Naira Daily / 60 porkers

First 3 Months
1800Naira * 90 days =
= 162000/60 Porkers / 3 Months



Next 4 months
50 Naira Daily * 60 Porkers
= 3000 Naira Daily / 60 porkers

3000 Naira * 120 days ( 4 months ) =
360000 Naira / 60 Porkers / 4 Months

Total cost of feeding 60 porkers for 7 months =
3 months ( 162000 Naira ) + 4 months ( 360000 Naira ) =
480000Naira


LABOUR/SALARY
Monthly salary = 17000
2 workers = 35000Naira / Month
35000Naira * 6 Months =
210000Naira

Electricity/Disel
5000 Naira monthly
5000 * 6 months =
30000Naira

Medicals
20000Naira Every 2 Months
=60000 Naira
Maintainance
10000 every 2months
=30000 Naira



Cost/Month
Cost/6months

Feeding Sows

360000

Feeding Porkers

480000

Salaries

210000

Medication

60000

Electricity

30000

miscellaneous

30000

Total

1170000






Potential Earnings

40 Sows farrow 8 weaners / cycle
40* 8 = 320 weaners

320 weaners if sold @ 6000 each
320 * 6000

= 1920000 Naira

Sale of 60 porkers after 7 months
60 Porkers * 25000
= 1500000 Naira


1920000 + 1500000 = 3420000 Naira

Total sales – cost of production = 3420000 – 1170000 =
2250000 Naira

Thank me later if you find this useful
0813103338.0 Pascal .
Contact me for more info

6 Likes 1 Share

Re: Profitability Of Pig Farming In Nigeria by kcreativeme: 5:13pm On Jan 06, 2018
Nairalanddist:
Pig meat is not good for consumption cos it carries the highest amount of tapeworms

Taenia abi? That's why they are dewormed regularly.
Re: Profitability Of Pig Farming In Nigeria by kcreativeme: 5:26pm On Jan 06, 2018
Caliph69:


You’re right. Pig business is expensive. Very expensive. Not trying to discourage anyone but that’s the truth. I am into it and i can tell you. All this his analysis is on paper. It’s different from what’s obtainable. I know how much i have put into it. And believe me for more than a year, i still handle most of the expenses from my money. The fact that good things don’t come that easy is what’s keeping me going. He never mentioned cost of the pens, water, Labour, transportation as you stated. And the feeding is not as cheap as he stated.

Sir you are right. Animal feed has generally become expensive. Plus pig can be quite destructive, you need to maintain their pen regularly. It's still a profitable business though.
Keep going Sir, there is always a point of breakthrough.

2 Likes

Re: Profitability Of Pig Farming In Nigeria by vickifeanyi47(m): 9:40pm On Jan 06, 2018
EmpresFIDEL:
pls where can I buy piglet in Delta state or anywhere

if you can come down IMO or Abia state you will definitely see

1 Like

Re: Profitability Of Pig Farming In Nigeria by vickifeanyi47(m): 9:46pm On Jan 06, 2018
thewritingtodo:
Why is no one talking of the price of piglets and different breeds we can obtain here in Naija? Pls educate us a little more, can you?

Prices varies according to location and bargaining power btw the seller/buyer.

2 Likes

Re: Profitability Of Pig Farming In Nigeria by thewritingtodo(m): 10:50pm On Jan 06, 2018
KINGPINE:
FEASIBILITY REPORT FOR A 40 SOWS
Items put into consideration include
Feeding
Salary
Medication
Miscellanous
Transportation

FEEDING
1 sow consumes 2kg of compounded feed daily
Feed Components
Inclusion rate %
Cost / kg


PKC
30
35
10.5

Cassava Peels
20
15
2.25

Fish Oil
5
5
0.25

Concentrates
35
35
10.5

Protein Supplements
10
10
1

Total
100

24.5






Therefore feeding of 1 sow =
2kg daily * 25 Naira /Kg
= 50Naira / Sow / Day
For 1 month
50Naira * 30 days =
1500Naira/Sow/1 Month
For 6 Months
50Naira * 180 days =
9000Naira /Sow/6 Months
Feeding of 40 sows for 6 months =
9000Naira * 40 Sows =
360000Naira / 40 sows /6 months











Feeding of 60 Porkers for 1 cycle
per Kg of Feed = 25 Naira
It takes approximately 7 months for a weaner to reach slaughter weight of 80 kg
If 1 porker will consume 1.2kg of feed daily for the first 3 months
1.2kg * 25 Naira = 30 Naira daily/ Animal

1 month = 30 Naira * 30 days =
900Naira / Month

3 Months = 30 Naira * 90 days =
2700Naira / Animal / 3 months

Remaining 4 Months
1 porker will consume 2kg daily
2kg * 25Naira = 50 Naira / Animal / Daily

50 Naira * 30 days =
1500Naira / Animal / Month

50Naira * 120 days =
6000Naira/Animal / 4 months

Total cost of raising 1 porker for 7 months =
3 months ( 2700 ) + 4 months ( 6000) = 8700 Naira for 7 months

Hence cost of feeding 60 porkers is as follows
30 Naira daily per aimal * 60 Porkers for first 3 months
= 1800Naira Daily /60 Porkers
50 Naira daily per animal * 60 Porkers for last 4 months
= 3000 Naira Daily / 60 porkers

First 3 Months
1800Naira * 90 days =
= 162000/60 Porkers / 3 Months



Next 4 months
50 Naira Daily * 60 Porkers
= 3000 Naira Daily / 60 porkers

3000 Naira * 120 days ( 4 months ) =
360000 Naira / 60 Porkers / 4 Months

Total cost of feeding 60 porkers for 7 months =
3 months ( 162000 Naira ) + 4 months ( 360000 Naira ) =
480000Naira


LABOUR/SALARY
Monthly salary = 17000
2 workers = 35000Naira / Month
35000Naira * 6 Months =
210000Naira

Electricity/Disel
5000 Naira monthly
5000 * 6 months =
30000Naira

Medicals
20000Naira Every 2 Months
=60000 Naira
Maintainance
10000 every 2months
=30000 Naira



Cost/Month
Cost/6months

Feeding Sows

360000

Feeding Porkers

480000

Salaries

210000

Medication

60000

Electricity

30000

miscellaneous

30000

Total

1170000






Potential Earnings

40 Sows farrow 8 weaners / cycle
40* 8 = 320 weaners

320 weaners if sold @ 6000 each
320 * 6000

= 1920000 Naira

Sale of 60 porkers after 7 months
60 Porkers * 25000
= 1500000 Naira


1920000 + 1500000 = 3420000 Naira

Total sales – cost of production = 3420000 – 1170000 =
2250000 Naira

Thank me later if you find this useful
0813103338.0 Pascal .
Contact me for more info


Woahhh this is awesome. Well done bro

1 Like

Re: Profitability Of Pig Farming In Nigeria by thewritingtodo(m): 10:53pm On Jan 06, 2018
vickifeanyi47:


Prices varies according to location and bargaining power btw the seller/buyer.
Thanks!
Re: Profitability Of Pig Farming In Nigeria by dynamix101(m): 11:32am On Jan 07, 2018
maxipharo:
PIG FARMING AS A LUCRATIVE BUSINESS IN NIGERIA



PROFITABILITY OF PIG FARMING IN NIGERIA

NOTE: this is mainly for pig fattening aspect of pig farming.

A simple way to judge whether pig farming is profitable is by comparing the pork price (pig meat) and cost of production.

Assumptions (NB; Based on the available contemporary experience on pig farming)

• Average daily weight gain of 0.4kg
• Average daily feed consumption of 1.64kg from weaner to finisher of (50kg live weight in this case)
• Target live weight of 50kg
• Resultant pork from pig as 80% of its market weight
• Average feed price per kg of diet= #150
• Selling price per kg of pork= #1100
• Other costs(drugs and vaccine) = #1500
Hence,
• The pig would require 50÷0.4= 125 days to reach the target market weight of 50kg
• Total feed consumed throughout growth (125×1.64) = 205kg
• Total cost of feed consumed (205×150)= #30,750
Therefore Total cost of production = total cost of feed + other cost
= 30,750 + 1500
= #32,250
• Resultant pork = 80% of 50kg
= 35kg
• Cost price per kg of pork = 32,250÷ 35
= #806.25
• Selling price of pork per kg = #1,100
• Profit per kg of pork = selling price of pork per kg – cost price per kg of pork
= 1100 – 806.25
= #293.75
Therefore, you make #293.75 for every kg of pork meat!!



http://www.agricincome.com/profitability-pig-farming-nigeria/

Hello

Nice write-up and an encouraging one. Piggery can be a rewarding experience, but in the long term. I have some observations and additions:

1. You didn't include the cost price of the pig which is around 5000-6000 for weaners and 12000 for growers.
2. You didn't account for cost of accommodation which averages 200 naira per month per pig.
3. Cost of attendant isn't included.
4. U said it takes 125 days or 4 months to achieve 50kg. In theory it's okay. In practical, it takes an average of 8 months from weaner age to attain 60kg.
5. Pigs require around 3kg of feed daily esp as they grow older
6. The cost per kg live weight is 420 naira as at today in oke aro. Outside farms sell for 470 thereabouts. Selling at 1100 means you are slaughtering and you then have to add 1500 as slaughtering cost minus the whole wahala of transporting, marketing etc.

From this, the profit of 10,281.25 per animal (35kg X 293.75) will have been decimated.

Pig farming can be a very rewarding experience but it's not a get rich scheme; it takes time and lots of it. If you aren't passionate, you will run in and run out as a lot of people have been doing.
Check
https://www.nairaland.com/3728830/before-venture-into-piggery-read

1 Like

Re: Profitability Of Pig Farming In Nigeria by haywhy17(m): 11:41am On Jan 07, 2018
dynamix101:


Hello

Nice write-up and an encouraging one. Piggery can be a rewarding experience, but in the long term. I have some observations and additions:

1. You didn't include the cost price of the pig which is around 5000-6000 for weaners and 12000 for growers.
2. You didn't account for cost of accommodation which averages 200 naira per month per pig.
3. Cost of attendant isn't included.
4. U said it takes 125 days or 4 months to achieve 50kg. In theory it's okay. In practical, it takes an average of 8 months from weaner age to attain 60kg.
5. Pigs require around 3kg of feed daily esp as they grow older
6. The cost per kg live weight is 420 naira as at today in oke aro. Outside farms sell for 470 thereabouts. Selling at 1100 means you are slaughtering and you then have to add 1500 as slaughtering cost minus the whole wahala of transporting, marketing etc.

From this, the profit of 10,281.25 per animal (35kg X 293.75) will have been decimated.

Pig farming can be a very rewarding experience but it's not a get rich scheme; it takes time and lots of it. If you aren't passionate, you will run in and run out as a lot of people have been doing.
Check
https://www.nairaland.com/3728830/before-venture-into-piggery-read


8 months from weaners... Haba... What r you feeding them? Vegetables or rice bran (its too much) ...contact me for a good feed formulae that won't cost you more than N65 per kg


Cost of weaners around is around 4000-4500 of which buying growers is much better.

Accommodation depends on where u raise ur pigs.. In this part of osun state, aspen that can house 5 pigs goes for just N100-200 per month.

2 Likes

Re: Profitability Of Pig Farming In Nigeria by femu(m): 11:42am On Jan 07, 2018
dynamix101:


Hello

Nice write-up and an encouraging one. Piggery can be a rewarding experience, but in the long term. I have some observations and additions:

1. You didn't include the cost price of the pig which is around 5000-6000 for weaners and 12000 for growers.
2. You didn't account for cost of accommodation which averages 200 naira per month per pig.
3. Cost of attendant isn't included.
4. U said it takes 125 days or 4 months to achieve 50kg. In theory it's okay. In practical, it takes an average of 8 months from weaner age to attain 60kg.
5. Pigs require around 3kg of feed daily esp as they grow older
6. The cost per kg live weight is 420 naira as at today in oke aro. Outside farms sell for 470 thereabouts. Selling at 1100 means you are slaughtering and you then have to add 1500 as slaughtering cost minus the whole wahala of transporting, marketing etc.

From this, the profit of 10,281.25 per animal (35kg X 293.75) will have been decimated.

Pig farming can be a very rewarding experience but it's not a get rich scheme; it takes time and lots of it. If you aren't passionate, you will run in and run out as a lot of people have been doing.
Check
https://www.nairaland.com/3728830/before-venture-into-piggery-read


8 months to attain 60 kg?
Re: Profitability Of Pig Farming In Nigeria by dynamix101(m): 1:01pm On Jan 07, 2018
femu:



8 months to attain 60 kg?
haywhy17:



8 months from weaners... Haba... What r you feeding them? Vegetables or rice bran (its too much) ...contact me for a good feed formulae that won't cost you more than N65 per kg


Cost of weaners around is around 4000-4500 of which buying growers is much better.

Accommodation depends on where u raise ur pigs.. In this part of osun state, aspen that can house 5 pigs goes for just N100-200 per month.

Practically, yes. If you are dealing with the average breeds we have in Nigeria. If we talk about exotic breed, what will be the initial cost of the animal. If you decide to take the shorter route of feeding them to achieve greater weight in shorter time, 65 naira cannot feed them.

Please outline here what formula you use that will cost you 65 naira and how many kg it will come out as. Also what is the weight gain expected per animal? This is practical, not theory
Re: Profitability Of Pig Farming In Nigeria by haywhy17(m): 2:32pm On Jan 07, 2018
dynamix101:


Practically, yes. If you are dealing with the average breeds we have in Nigeria. If we talk about exotic breed, what will be the initial cost of the animal. If you decide to take the shorter route of feeding them to achieve greater weight in shorter time, 65 naira cannot feed them.

Please outline here what formula you use that will cost you 65 naira and how many kg it will come out as. Also what is the weight gain expected per animal? This is practical, not theory


PKC 53
CORN BRAN 28.3
SOY BEAN 16
BONE MEAL 2
SALT 0.5
PREMIX 0.2

UNIT COST OF EACH INGREDIENT/KG
PKC 50 X 53 = 2650
CORN BRAN 40 X 28.3 = 1132
SOY BEAN 120 x 16 = 1920
BONE MEAL 60 x 2 = 120
SALT 50 x 0.5 = 25
PREMIX 600 x 0.2 = 120
Total 5,967


That is even less than the proposed N65..

To also achieve good result in fattening.. Go for castrated animals... I just buy and fatten...

1 Like

Re: Profitability Of Pig Farming In Nigeria by dynamix101(m): 7:09am On Jan 08, 2018
haywhy17:



PKC 53
CORN BRAN 28.3
SOY BEAN 16
BONE MEAL 2
SALT 0.5
PREMIX 0.2

UNIT COST OF EACH INGREDIENT/KG
PKC 50 X 53 = 2650
CORN BRAN 40 X 28.3 = 1132
SOY BEAN 120 x 16 = 1920
BONE MEAL 60 x 2 = 120
SALT 50 x 0.5 = 25
PREMIX 600 x 0.2 = 120
Total 5,967


That is even less than the proposed N65..

To also achieve good result in fattening.. Go for castrated animals... I just buy and fatten...

Sori I don't understand. How many kg is this and for how many animals? I am seeing 5967.
Re: Profitability Of Pig Farming In Nigeria by maxipharo(m): 7:57am On Jan 08, 2018
zoogy2007:

Nice, but there are a lot of hidden costs that you failed to highlight. You only talked about food and drugs. What about labor, transport and other infrastructural costs? Please guide the newcomers well in your posts. We do not want to be misleading young entrepreneurs.
Those type of cost is not determinable, because of location
Re: Profitability Of Pig Farming In Nigeria by maxipharo(m): 8:17am On Jan 08, 2018
dynamix101:


Hello

Nice write-up and an encouraging one. Piggery can be a rewarding experience, but in the long term. I have some observations and additions:

1. You didn't include the cost price of the pig which is around 5000-6000 for weaners and 12000 for growers.
2. You didn't account for cost of accommodation which averages 200 naira per month per pig.
3. Cost of attendant isn't included.
4. U said it takes 125 days or 4 months to achieve 50kg. In theory it's okay. In practical, it takes an average of 8 months from weaner age to attain 60kg.
5. Pigs require around 3kg of feed daily esp as they grow older
6. The cost per kg live weight is 420 naira as at today in oke aro. Outside farms sell for 470 thereabouts. Selling at 1100 means you are slaughtering and you then have to add 1500 as slaughtering cost minus the whole wahala of transporting, marketing etc.

From this, the profit of 10,281.25 per animal (35kg X 293.75) will have been decimated.

Pig farming can be a very rewarding experience but it's not a get rich scheme; it takes time and lots of it. If you aren't passionate, you will run in and run out as a lot of people have been doing.
Check
https://www.nairaland.com/3728830/before-venture-into-piggery-read
Nice observations, but all what you listed varies cause of location. In Abia state, a kg of pork meat goes for #1100
Re: Profitability Of Pig Farming In Nigeria by dynamix101(m): 8:00pm On Jan 08, 2018
a maxipharo:

Nice observations, but all what you listed varies cause of location. In Abia state, a kg of pork meat goes for #1100

Are you for real? If you are serious then Abia is d best location to site a piggery because raw materials will abound and cheaply too
Re: Profitability Of Pig Farming In Nigeria by haywhy17(m): 8:45pm On Jan 08, 2018
dynamix101:


Are you for real? If you are serious then Abia is d best location to site a piggery because raw materials will abound and cheaply too

If there any pen for rent in abia, pm me please.. I'm 100% interested
Re: Profitability Of Pig Farming In Nigeria by vickifeanyi47(m): 6:53am On Jan 09, 2018
dynamix101:


Are you for real? If you are serious then Abia is d best location to site a piggery because raw materials will abound and cheaply too

Yes. for example a tonne of PKC is sold for 28k
Re: Profitability Of Pig Farming In Nigeria by dynamix101(m): 6:57am On Jan 09, 2018
vickifeanyi47:


Yes. for example a tonne of PKC is sold for 28k

While it's 42k averagely here
Re: Profitability Of Pig Farming In Nigeria by KINGPINE: 7:09pm On Jan 09, 2018
vickifeanyi47:


Yes. for example a tonne of PKC is sold for 28k

It is 40k in Owerri
Re: Profitability Of Pig Farming In Nigeria by vickifeanyi47(m): 9:53pm On Jan 09, 2018
KINGPINE:

It is 40k in Owerri
OK please how.much is weaners sold in Owerri?
Re: Profitability Of Pig Farming In Nigeria by KINGPINE: 6:24am On Jan 10, 2018
vickifeanyi47:


OK please how.much is weaners sold in Owerri?

5000 - 6000
Re: Profitability Of Pig Farming In Nigeria by vickifeanyi47(m): 9:16pm On Jan 20, 2018
KINGPINE:

5000 - 6000
i i need about 50 pieces of weaners. reach me on 07038714951
Re: Profitability Of Pig Farming In Nigeria by dynamix101(m): 9:09am On Jan 22, 2018
Finally, for the first time, Oke aro pig farming community opens it's doors to give a practical training to intending pig farmers and newbies. Whether you are an intending farmer or an already practicing farmer, this is for you.

For 3 days, participants will go around the farm and experience, first-hand and practically, how piggery operations are carried out.

Listen to lectures from veterans with a combined 120+ years cognate experience in the business. Receive mentorship and consultations from and with them.

Seats are limited as there is a certain number we can work with in practical settings.

WhatsApp 08130227169 or call 09066020001 for enquiries

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