Criteria of the Economic Evaluation of Meat Chicken Production Farms in Bani Walid, Libya | ||
| Alexandria Science Exchange Journal | ||
| Article 16, Volume 41, APRIL-JUNE - Serial Number 2, June 2020, Pages 85-93 PDF (287.78 K) | ||
| Document Type: Original Article | ||
| DOI: 10.21608/asejaiqjsae.2020.126355 | ||
| Author | ||
| Salah A. I. Lamah* | ||
| Department of Agricultural Economics, Faculty of Agriculture, Bani Walid University; Libya | ||
| Abstract | ||
| Poultry production in Libya is a source of meat and eggs, the main sources for providing animal protein and animal calories in Libya, and by-products such as fertilizer production that are used to increase soil fertility in order to increase the productivity of crops and vegetables. The study aims to conduct an economic assessment of meat chicken production farms in the study area, and calculating a set of economic indicators to study the economic feasibility to know the viability of farms and the possibility of expanding in such farms in the future. The study relied on preliminary data through the design of a questionnaire form. The farms were divided into two productive capacities for the production of meat chicken in the study sample, based on the numbers of chicks in one ward and the number of production cycles as the number of wards of the first productive capacity was a ward to produce chicken meat, capacity 7000 chicks five courses Productivity from meat producing farms. The number of wards for the second productive capacity was one for chicken meat production, the capacity is 10,000 chicks, five production cycles. The study showed that the costs of feed and chicks represent about 88%, 89% of the total variable production costs for breeders. The most important fixed costs items are wards, the generator, and feed stores, as they represent about 66%, 71% of the total fixed costs, and it also shows that there is a rewarding revenue when selling chicken meat, and all economic standards used indicate that this industry is very feasible The recovery period is short for the rest of the other animal production projects, as it reached 1.30 years, 1.39 years. The value added criterion also indicates the feasibility of the project, where the use of production elements achieves an addition of 153426 dinars 214980 dinars, and the measure of relative profitability reached 34.25%, 41.46%, where the revenues of the invested dinar is about 0.22 and 0.25 for two farms respectively, and the benefit-to-cost ratio is about 1.22 and 1.25 for two productive capacities respectively. | ||
| Keywords | ||
| Economic Evaluation; Investment costs; Produce Meat chicken Production capacity | ||
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