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ABSTRACT
In Nigeria, small-scale broiler production activities are characterized by risks. The study therefore focused on risk analysis in small scale broiler production in Oredo Local Government Area of Edo state, Nigeria. To achieve this, the specific objectives were to describe the socioeconomic characteristics of the respondents, identify the risks and its intensity in broiler production, examine the effects of risks on the production, identify the management practices by farmers to alleviate these risks to the least minimum and identify the constraints faced in the adoption of these risk measures in the study area. A three-stage sampling procedure was used to select 84 broiler producers for the study. Both descriptive and inferential statistics were used to analyse the data that had been obtained.
The results of the descriptive statistics shows that 63.10% of small-scale broiler farmers in Oredo Local Government Area of Edo State were female while 36.90% were male with an average age of 46 years and are married (66.67%). The results also show that the mean broiler farming experience was 6 years and the mean household size was 4. Also, about half the proportion of farmers in the study area experienced weather condition (51.19%) as a risk factor. Use of vaccines (100%) was the most adopted risk management practice while insurance was never adopted by any of the small-scale broiler farmers. Inaccessible insurance services was the most agreed upon risk constraint as 75% agreed, followed by improper heating method as about 68% agreed and relative high cost of veterinary services as about 68% also agreed that they were serious constraints. The results of the inferential statistics shows that mortality due to pest (331.85), mortality due to disease outbreak (306.61), loss due to theft (447.61) and pest attack intensity (1.31) were the risk factors that significantly impacted broiler production in the study area.