Profitability Analysis of Meat-Type Rabbit Production in Santa Maria, Bulacan, 2022

Date

1-2023

Degree

Bachelor of Science in Agricultural Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Marilyn M. Elauria

Committee Member

Julieta A. Delos Reyes, Agham C. Cuevas

Abstract

This study analyzed the profitability of meat-type rabbit production in Santa Maria, Bulacan. It aimed to describe the farm management practices in meat-type rabbit production; analyze the profitability of meat-type rabbit production by farm size and by type of product sold; identify the problems encountered by the meat-type rabbit producers and make recommendations to enhance the profitability of meat-type rabbit production.

Complete enumeration, snowball, accidental, and purposive sampling were performed. A total of 20 respondents who were selling rabbit breeds intended for meat consumption only, excluding the fancy types, participated in the study.

Results showed that the highest contributor to the investment for the small-scale rabbitries was the breeding stock, amounting to PhP48,611.40 per ten dams. For the large-scale rabbitries, the highest contributor to the investment would be the cages, amounting to PhP46,726.19 per ten dams. The rabbit raiser who sold rabbits as animal stocks had the highest investment cost at PhP293,281.25 per ten dams.

The cost and returns analysis revealed that feeds was the highest contributing factor to the cost. For small-scale rabbitries, it amounted to PhP 18,493.18 per ten dams, and for large-scale rabbitries, it amounted to PhP 16,845.00 per ten dams. Comparing the rabbitries based on farm size, large-scale rabbitries had the highest cost, amounting to PhP 20,411.66 per ten dams. In terms of gross returns, the small-scale rabbitries had the highest, amounting to PhP 60,289.72 per ten dams. As a result, small-scale rabbitries had the highest net returns, amounting to PhP 42,873.41 per ten dams.

When comparing the type of product, the rabbit raiser who sold animal stocks gained the highest gross returns, amounting to PhP 512,000.00 per ten dams. Moreover, the same rabbit raiser maintained their total cost to PhP 11,330.14 per ten dams, which enabled them to gain a net return of PhP 500,669.86 per ten dams.

The profitability analysis showed all of the rabbitries by farm size and product have ROIs higher than the current lending rate of the country. Therefore, Hypothesis 1: The meat-type rabbit production is profitable, was failed to reject. Although the ROI of the rabbit raisers who sold processed meat was higher than the one who sold dressed meat, the former’s Net Income per Cost was lower compared to the latter’s.

The researcher sees that the main problem in the industry is demand. Therefore, the researcher encourages the rabbit raisers to eat rabbits to encourage the end consumers to eat it. The rabbit raisers should also avoid calling the meat-type rabbits “pets” even if the raisers sell it to pet shops, as many would continue to label the meat- type rabbits as “cute.”

Language

English

LC Subject

Rabbit meat industry

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993.5 2023 A14 B55

Notes

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Document Type

Thesis

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