TY  - JOUR
T1  - Effects of Vertical Integration and Enterprise Combinations on Profitability in the Poultry Industry in Ogun and Oyo States of Nigeria
AU - , M. Bamiro Olasunkanmi 
JO  - Agricultural Journal
VL  - 2
IS  - 3
SP  - 397
EP  - 404
PY  - 2007
DA  - 2001/08/19
SN  - 1816-9155
DO  - aj.2007.397.404
UR  - https://makhillpublications.co/view-article.php?doi=aj.2007.397.404
KW  - Vertical integration
KW  -enterprise
KW  -profitability
KW  -effects
AB  - This study examines the effects of vertical integration and enterprise combinations on profitability 0of poultry farm in Ogun and Oyo States of Nigeria using descriptive statistics budgetary analysis and profitability indicators. The study data were collected through a combination of stratified sampling approach and purposive sampling method from 211 poultry farmers which consist of 110 non-integrated poultry farms 71 partially integrated poultry farms and 30 fully integrated poultry farms. Empirical evidence from the analysis reveals that relatively young farmers (below 40 years) own non-integrated poultry farms while older farmer operates partially integrated poultry farms and fully integrated poultry farms. All the 5 enterprise combinations  show  high  profitability  with  egg  production  enterprise   having   the   highest   net  farm income and profitability indices while the broiler production enterprise has the lowest gross margin and profitability indicators. The study further reveals that profitability increases with the extent of vertical integration in egg production and broiler enterprise while profitability decreases with vertical integration in broiler production enterprise.
ER  -