Benefits of poultry faming
You now know some terms associated with poultry farming.
Are you thinking you could own a poultry but wondering what are the benefits that an investor like you can earn? Poultry farming in one of the most profitable and sustainable venture you can invest into in the agriculture sector. Investing in poultry farming offers benefits that extends beyond the poultry investor but also on the community at large. The most obvious benefit of poultry farming is the meat and/or eggs it produces, however, there are other benefits such as –
- Reliable source for generating income – Poultry farming is one of the most profitable agribusiness ventures, offering a steady source of income for farmers. With the increasing demand for poultry products such as eggs, meat, and manure, poultry farming presents a lucrative opportunity for both small-scale and large-scale investors.
- Quick investment return – Poultry farming delivers one of the quickest pay-back periods in livestock agriculture. Broiler chickens, for example, can reach market weight in just 6–8 weeks. With his short production cycle several harvesting can be done within a single year.. This high turnover means operating costs are converted to cash far sooner than in cattle, sheep, or goat enterprises. Thereby, making poultry farming an attractive venture for investors seeking swift and consistent profits.
- Consistent profit earning – Poultry farming is a viable business that generate significant and continuous income because of consistent demand for the poultry farm produce – There is a consistent demand for poultry eggs and meat in the market place making poultry farming a viable and growing industry for investment.
- Provides job opportunities – Either on a small or large scale, effective operations of the poultry farm demands that other people be engaged in the team, thus, creating jobs ( which could be full-time jobs or part-time). By creating jobs for other people, poultry farming reduces rate of unemployment within the economy and provides individual employed with a source of income.
- Relative low initial capital requirement – Compared to other livestock farming, the start-up capital requirement for poultry farming is relatively low, thereby, allowing farmers to manage growth and expansion according to available resources without undue stress – It gives the investor opportunity for gradual scaling-up of the business.
- Provides affordable source of protein– Produce of poultry farming are a major source of protein, with a steady supply of the poultry farm produce, the people (in the community) are able to get needed protein from the eggs and chicken meat harvested, thereby reducing malnutrition among the people and boost healthy living
- Diverse product offering – Poultry farming offers more than one product-line. Though meat and eggs are major produce from the farm, there are other byproducts . Other produce from poultry farming include feathers used by the fashion and craft industries, manure used for improving soil fertility by crop farmers. Also, poultry waste (like the intestine of the chicken) combined with other materials for the production of biogas products
- Boosts local economy – Poultry farming significantly contributes to the local economy by creating employment opportunities. This reduces the burden of unemployment in the local area. The poultry value chain engages and earning opportunities a wide range of individuals and small businesses. From farm workers and feed suppliers to transporters and marketers active employment is been created. This not only empowers people economically but also helps improve the overall living standards in the community where the farm operates
- Enhances food security -Poultry farming plays a vital role in strengthening food security. This is done by ensuring a steady and affordable supply of protein-rich foods such as eggs and meat. A thriving poultry farm helps reduce hunger and malnutrition within the community. This consistent food supply makes nutritious food more accessible especially to low income household. Thereby, it contributes significantly to the overall well-being and health of the population
The benefits of poultry farming goes beyond the farmer, it offer economic, social and environmental benefits; making it a valuable agricultural practice for improving livelihood of the people and strengthen local economies.
Do you have a poultry, what benefit(s) is your poultry giving you or you are thinking about starting a poultry farm,
We would like to share in your experience. Comment below the benefits you enjoy from your poultry farm and your plan for the future.
Cheers!
