Absolutely not to talk about the risk at a younger age. Thanks

benardj3:
7.5m is not too much for 3500 birds....... 2m can't bring up 1k birds to laying point if you have to get a space from the money ..........cost of poultry,even if you compound your feed

Thanks bro, Well said, let him break it down for us how he would do it 300,000 birds. We all learning here oya

Gbabe2:


Obviously, you dont know what you are talking about or rather you have lost touch with whats going on in this field. Going by what you stated here, 300, 000 chicks with 7.5 million is absolute nonsense. How much do you think a chick cost? how much do either rent or buy pen houses? what about feeding cost which is very high these days. The guy is on the right track and he needs encouragement. I hate it when I see folks ascribing what they are not to themselves and spewing rubbish. Do you even think it's easy to float a business of that amount in this present economy and yet all you can do is to state things that are not grounded with facts. Guy, quote me any time, it is not possible for you to raise 12,000 point of lay with 7.5 million not to talk of the 300,000 birds as you have stated.

Thanks, that is extra cost (Unless it is a free service ) and people have been pointing out how much as been spent so far. Excel is doing just fine am a confident user.

imustsaymymindo:


Beautiful work, bro. I am working on a poultry management desktop software. It might automate your tasks better than excel sheets.

Oh trust me i did, but I don't want to give only the answer, I want to show the workings before the answer by giving updates so we can both see what it takes

snthesis:
@strangeland
the main question is what was your business case i.e target budget vs expected revenue. i dont want to believe you just invested that amount of money without performing feasibility studies on the return on investment

Thank you for your kind words, we all need encouragement, am glad that your farm is well now and pray that continues.

magazineguy:
This is totally wrong as a consultant.

You didn't wake up one morning and became a consultant, you had a bit of your own experience before venturing into consultancy.
It is his business and he has decided to invest 7.5M into it and he came here for better exposure and maybe to motivates others. Talking down on his business move may send a form of discouragement to him. Most times it is best to have your own first-hand experience yourself.

When i first ventured into farming on two plots of land, some older men tried managing my funds giving advice here and there. In the end there was no profit, lost the farm and I felt bad towards them.

Now I have my 8 plots of land and doing it my way with happiness and joy. From time to time I seek advice which I believe is why the op brought it here for better advice.

I invested in 17 weeks old birds because at that age they have pasted a critical point in their life to reduce the mortality rate. Business is about managing risk that was my way of managing mortality risk.

youngtizzy55:
love this idea. keep it up bro but will advise you try and raise them from chick when next you have the opportunity of raising this much quantity. At the said weeks of age I think the egg lay percentage should have improved more than wot you are getting presently. You can contact me to test my layer feed formulation. 08065396978 watsapp only

I have the figures, it would be unfair to say 7.5m is too much without backing your words with figures. I bought the birds (17 week old) at the current market rate N1,400 (3,500*1400= 4.9m). Agent who charge N30 per bird = N105,000. That is over 5m. Add feeding, meds, cages and you can see how 7.5 as been spent. You can share with us how you would have done that with less much. After all we are all learning.

supersystemsng:


Sir, I'm a farmer...I don't want to disclose details...I have over 20 blueprints in my bag..i've started stffs on low key...i've worked in poultry farms for first hand experience...it's too much... 7.5M in poultry is way too much...looking at the pic and the details outlined, i beg to see where 7.5M went into...do you know 7.5M is enough to raise lots of chicks if properly managed?

I'm also a consultant...I have macro and micro economics skills...i hold on to my initial point of view..

I am posting my experience so that people interested in farming can have actually figures of how much you need to invest, the patience require, the trust, the prayers, the risk and all other factors.
You can learn from this positively or negatively, I hope it is positive.

Emjay1310:
This is my target business after what am pursing at the end of this year. Thanks for this. I am very much interested in the updates about your progress. So that when they reach full production capacity, I should have an idea of how much it will cost.

Thanks for your kind reply to him and you are absolutely right.

Integrityfarms:


Value system, passion and available information are core functions of the decisions we take in life. Rather than saying it's not the best, you don't expect him to start making profit in the first three months of egg laying. Are you aware that these birds will profitably lay for one full year before culling?

You don't talk down on ones business pursuit. Am a consultant farmer with my farm where I have employees, you don't totally condemn the business pursuit of a client rather you offer technical assistance aimed at productivity efficiency.

Thanks bro, it is an intense initial investment

maklelemakukula:
I"m praying for your business op, nice one. I wouldnt have guessed starting up this business would have been this expensive. I pray you make maximum profits. Go on youtube and checkout videos that would be beneficial to your business. Oluwa guide you

The cost of good 17 weeks old birds is N1,400
So if you want a 500 birds that's already that is already 700,000 before feeding and meds

Valindazz:
Bro, I intend starting up with 1m by January, guide me rightly pls.. Is it enough?

True i wish the same

deji17:
Good job bro and great feed back. Wish Nigerian politicians that we voted are this accountable. There will be more trust in Govt.

Thanks, I wanted to give actual figures to show actual cost
my birds are 3,500 so if you want to start with 500 or 5,000 you use my experience as a guide on how much the biz needs to start and run

naijahut:
I must say you have done well. The only reasonable achievement I have seen on nairaland

Exactly, well said thanks

Integrityfarms:


Is it a waste? Did the money go down the drain? Do you have a better business plan for the op? Or are you trying to be mischievous?

You are so right there

sirugos:
bros its a lie. There is possibility that u can not get a complete nutrient needed for the maximum production of the birds.

Yes that is the figure, like you said it is an investment, you don't get it back on day one or day 30.
Patience bro, patience

supersystemsng:
You invested 7.5 Million in poultry? Am i seeing well? Why invest 7.5M in poultry bro?

Noted.

Kutunban:
Good work!
like someone advice, get a good animal scientists to formulate your feeds to beat cost.

we are manufacturers of poultry Battery Cages.

Thanks for the encouragement

Titay:
Keep the good work.

Good points

jomolu:
Dear,Several factors u need to consider before starting ur Agricultural practices that will make u succide.
Cropping and Livestock can really change ur story for good if u check and adapt the following
1.Doing u really have d time to face agric squarely?
2.Are u really passionate abt agric
3.U must have d basic acknowledge and understanding of the crops and livestock u intend to farm
4.Attach ur self to a successful farmer around that is already doing the same agric u intend to do.
5.Write a business plan,and make sure the fund is readily available before u start farming
6.Make sure there is ready market for ur agric produces a nd distance to d market is not too far away.
7.Pls dis should had come first,and is d first thing u should do PRAY TO GOD ALMIGHTY THR JESUS CHRIST TO ORDER UR STEPS TO SUCCESS.

Now on the crop and livestock u can embark on also have a bearing on funding and location
If ure in osun state and u hav d fund the best livestock u can do know is broilers and every 7wks u b making huge money depending on ur stocking capacity.
Why d crop could b vegetable or plantain plantation.
pls for further enquires
call 08053970801
08141678049
Thanks

Wow, learnt a lot for this topic thanks to all of you.
I have started my own egg farming and you can follow my progress in the topic "My Egg Poultry Farming Experience As A New Farmer" under agriculture
My post include pictures.

26/08/17 = 18 eggs
27/08/17 = 26 eggs
From the picture, the eggs vary in sizes but we would not be sorting them for now
Due to the current egg market

*We make last collection for the day @ 4.30pm

Thank you
From research the bird start laying at 1500grams (1.5kg) A few have started less than 0.5% of the total bird.
Layer mash would be introduced this week once we achieve the target weight of 1500 grams (1.5kg)

Smartslim17:
God bless ur work, must d birds attain body weight of 1.5 kg before dey start laying? nd when are u going to introduce layer's Mash ?

Thanks, yes production is expressed in lay% if you look at the excel sheet line 9 is the % ratio flock to eggs
Yes to layer mash this week
Learning self mill

Donemmy:
well done. Always express ur production in % I.e HDP for easy analysis. Hope u have commenced gradual introduction of layer mash ? Also, u can self mill feed, introduction enzyme, optimized performance & maximize profit. God bless

Thanks, we are about to achieve that target of 1500 grams (which is 1.5kg)
Sure med and vaccine are up to date

alakara:
ur target wt at wk 20 should had being 1.5kg.
just try to feed them to get to this weigth and make sure the medication and vaccination is upto date.

That is something I am definitely going to look at, but first I have to learn how to make the right feed and hope I can source the raw materials
Then do a sample study at some point

YourImaginaryBF:
you'd save more if u made your own feed. Cheap formulation

Thanks, fingers crossed amen.

tolugar:
wow wow wow


this is the real stuff op

God will surly see you through the bank

your profit will also grow to 6digit.

as your mortality rate remains like that.


motivating

Excellent work I might try out the vegetable and corn on my chicken farm

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

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

* I have moved this topic from food to agriculture after someone pointed out to me that I had it under the wrong headings
From now on i would update this topic only from here
Thanks

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.

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

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