Profitability Analysis of Gamefowl Breeding in Sto. Tomas, Batangas, December 2022-2023

Date

6-2024

Degree

Bachelor of Science in Agricultural Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Arvin B. Vista

Committee Member

Geny F. Lapiña, Maria Angeles O. Catelo

Abstract

This study analyzed the profitability of gamefowl breeding in Sto. Tomas, Batangas. It aimed to characterize the gamefowl farms and farm owners; describe the management practices adopted in gamefowl breeding; determine the net farm income in gamefowl breeding; assess the financial attractiveness of gamefowl breeding; identify the challenges and problems in gamefowl breeding; and recommend possible solutions to the said problems and challenges. The study was supposed to completely enumerate the samples from the list obtained from the Office of the City Veterinarian, however, due to a low response rate, referral sampling was used to arrive at 40 breeder-respondents in Sto. Tomas. Furthermore, one key informant was interviewed to provide valuable insights into the gamefowl industry in Sto. Tomas. The researcher used descriptive analysis, profitability analysis, and investment analysis to evaluate the financial performance of gamefowl breeders in the study area. Profitability indicators, such as net farm income, return on operating capital, and net return per peso, revealed that large-scale farms performed better than small and medium-sized operations. The net farm incomes varied significantly among farm groups, with large farms generating significantly higher incomes per 20 heads compared to small and medium-sized farms. Moreover, return on operating capital demonstrated a similar trend, with large-scale farms yielding the highest return at 460 percent, resulting in a profit of PhP4.60 per peso of operating capital. Additionally, significant differences were observed in the net return per peso invested per 20 heads of gamefowl across different farm scales, with large-scale farms showing the most substantial return at PhP3.84. Consequently, to analyze the financial attractiveness of gamefowl breeding, indicators such as return on investment (ROI) and payback period were used. Investment analysis revealed that small-scale farms showed a high ROI of 190 percent, while medium- scale farms showed a higher ROI of 527 percent. Large-scale farms had a lower ROI of 225 percent due to higher initial investment requirements. The payback period for small- scale farms was short, with a 0.73-year duration, while medium-scale farms had a 1.55- year duration, and large-scale farms have the longest payback period at 1.70 years. The researcher sees that prioritizing preventive measures and strict vaccination protocols is crucial in effectively managing prevalent diseases in gamefowl farms. To address gaps in knowledge and vaccination practices, the City Veterinary Office should provide educational programs for breeders. Additionally, investing in security measures like cameras and fencing is recommended to combat pests. Also, the establishment of a cockpit by the municipal government could further enhance opportunities for local breeders and stimulate industry growth. Finally, future research should explore the profitability of the remaining breeding seasons in a year to provide a more comprehensive analysis.

Language

English

LC Subject

Chicken breeders

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993.5 2024 A14 S54

Notes

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Document Type

Thesis

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