CONTRIBUTION OF CRUMBLED FEED TO COST REDUCTION IN BROILER PRODUCTION: A FIELD EXPERIMENT BY EDEM FELIX AZAGLOE (10309582) THIS THESIS IS SUBMITTED TO UNIVERSITY OF GHANA, LEGON IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE AWARD OF MASTER OF PHILOSOPHY (MPHIL) DEGREE IN AGRIBUSINESS DEPARTMENT OF AGRICULTURAL ECONOMICS AND AGRIBUSINESS SCHOOL OF AGRICULTURE COLLEGE OF BASIC AND APPLIED SCIENCES UNIVERSITY OF GHANA, LEGON JULY, 2017 i DECLARATION I, EDEM FELIX AZAGLOE author of this thesis titled “Contribution of Crumbled Feed to Cost Reduction of Broiler Production: A Field Experiment” do hereby declare that except for reference which have been duly cited and acknowledged, this thesis is the result of my original research in the Department of Agricultural Economic and Agribusiness, University of Ghana from August 2015 – July 2017. This thesis has never been published or submitted either in part or in whole anywhere for the award of any degree. ………………………………. ……………………………………. EDEM FELIX AZAGLOE DATE (STUDENT) This thesis has been submitted for examination with our approval as supervisors. ……………………………………… ……………………………………. DR. EDWARD EBO ONUMAH DR. HENRY ANIM-SOMUAH (MAJOR SUPERVISOR) (CO-SUPERVISOR) ……………………………………… ………………………………… DATE DATE ii DEDICATION I dedicate this thesis to my father Mr. Stephen Azaglo, for his encouragement, and to my mother Madam Francisca Kumedzro for her sacrifices over the years. They have all been instrumental in my academic pursuits. I also dedicate this thesis to my siblings Michael, Vivian, Prosper, Sefakor, Doris and Abraham and to Eugenia Amador for her unflinching support and for the constant reminder that the work must be done with all diligence. iii ACKNOWLEDGEMENT My ultimate and sincere gratitude goes to my Saviour Jesus Christ for the grace, guidance, wisdom, knowledge and understanding he bestowed upon me to successfully complete this study. I also acknowledge my main supervisor Dr. Edward Ebo Onumah for the time he dedicated to making my thesis an excellent one, his patience and the strong lecturer-student relationship he encouraged. Without his advice, scrutiny, guidance and encouragement, this thesis would not have been a success. I am also grateful to my co-supervisor Dr. Henry Anim-Somuah for his diverse contributions towards the planning and setting up of the experiment for a successful implementation. He attended the planning meetings with me. He visited the farm with me on many occasions to check on the set up of the experiment and the performance of the birds. Without his advice, criticisms and guidelines, this work would not have been possible. I appreciate the contribution and assistance of Mr. D. P. K. Amegashie, Prof. Daniel Bruce Sarpong. and Prof. Alhassan Ramatu. My gratitude also goes to all the lecturers of the Department of Agricultural Economics and Agribusiness of the University of Ghana for their immense support which facilitated the successful completion of this study. I am also grateful to the Ghana Poultry Project (GPP) for accepting and integrating my thesis experiment in their Greater Accra broiler production demonstration experiment. Special thanks go to Dr. Kwaku Adomako of Kwame Nkrumah University of Science and Technology, Kumasi and Mr. Kwaku B. Tuoho, the Value Chain team leader. I appreciate very much the assistance of the Enterprise Development and Productivity Advisor, Mr. Ernest Agbenohevi, Philip the Veterinary Officer, George the Assistant to operations on the experiment and Mr. Amankwa Augustine the owner of AMASS FARMS at Oyarifa where the experiment was carried out. My appreciation also goes to Mr. Isaac Nyarko for his valuable support. iv ABSTRACT The ultimate goal of the study is to assess the crumbled feed technology with respect to its contribution in cost savings in per unit cost of production in broiler via a field experiment. The experiment was carried out using 294 broiler day-old-chicks divided into two groups; control and treatment, with three replications each. Each replication consisted of 49 birds. The experiment was carried out for six weeks, which means two weeks saved from the actual 8 weeks farmers keep the birds to get them ready for market. Data was collected from the experiment, on market prices and cost of production inputs used during the experiment. The study deployed experimental evaluation method to analyse the data. This method of analysis had two components: the statistical test for significant differences at 1%, 5%, and 10% percent, descriptive statistics and central tendencies. The statistical test was then complemented by the economic analysis using; minimum cost analysis, partial budgeting technique, marginal analysis, sensitivity analysis, ROI (return on investment) and finally, cost-price analysis and MVP (marginal value product) were also used. Feed conversion ratios of replications one and three showed significant differences between means at (P < 0.1) level in favour of the treatment group. Birds of the treatment group yielded better performance compared to the control group. The treatment group reached a feed conversion ratio (FCR) of 1.75 against 2.060 for the control group and the corresponding live weights reached were 2.312 kg and 1.967 kg respectively for the treatment and control group. Failure of the mean values of the parameters tested for significant differences means that the contributions of the technology was less linked to output directly, therefore further, economic analysis must focus cost reduction and saving in inputs use pattern. From the minimum cost analysis, it was observed that the crumbled feed offers the option of lower cost of GHS 6.100 which is preferable to GHS 7.130 to produce 1kg live weight of broiler. The analysis of the crumbled feed substituting for mash feed using the partial budget technique estimated the net contribution of the crumbled feed to be GHS 3.760 per bird produced or GHS 1.630 per 1 kg of live weight of broiler produced. The sensitivity analysis results showed that a 5% increase in the price of crumbled feed leads to 3% increase in total cost of production. The cost-price analysis carried out revealed that the crumbled feed has contributed immensely to producing broiler competitively. Under the experiment, it is possible to produce broiler, process and market at the total cost GHS 8.182 per kg. The price of the most price competitive frozen chicken on the domestic market sells at GHS 8.000 per 1kg. At this point the domestic broiler production under the experiment is making zero margin in profit. Broiler producing business are thus encouraged to switch from the use of mash feed to using crumbled feed for raising broilers. Feed mills operators are also encouraged to produce high quality crumble feed for producers of broiler. Integration of the Ghanaian poultry industry with all sectors (feed mills, crop sector, hatcheries etc.), market and institutions must be championed and invested in by both government and the private sector. Broiler business should develop ready market (fast food, chop bars, restaurants and hotels) for their produce as a strategy to further reduce cost of production. v TABLE OF CONTENTS TITLE PAGE DECLARATION ............................................................................................................................ ii DEDICATION ............................................................................................................................... iii ACKNOWLEDGEMENT ............................................................................................................. iv ABSTRACT .................................................................................................................................... v INTRODUCTION .......................................................................................................................... 1 1.1 Background to the Study............................................................................................................... 1 1.2 Problem Statement ....................................................................................................................... 5 1.3 Research Questions ...................................................................................................................... 8 1.4 Objectives of the Study.................................................................................................................. 8 1.5 Specific Objectives ........................................................................................................................ 9 1.6 Justification of the Study............................................................................................................... 9 1.7 Organisation of the Study ........................................................................................................... 10 LITERATURE REVIEW ............................................................................................................. 11 2.1 Introduction ................................................................................................................................ 11 2.2 Poultry Industry and Trends........................................................................................................ 11 2.3 Broiler Production ....................................................................................................................... 17 2.4 Inputs Use in Broiler Production ................................................................................................. 20 2.5 Types of Feed Used in Broiler Production ................................................................................... 21 2.5.1 Mash Feed ........................................................................................................................... 23 2.5.2 Crumbled Feed .................................................................................................................... 24 2.6 Partial Budgeting: ........................................................................................................................ 25 2.6.1 Reduced Cost ...................................................................................................................... 26 2.6.2 Reduced Income ................................................................................................................. 28 2.6.3 Additional Cost .................................................................................................................... 28 2.6.4 Additional Income ............................................................................................................... 28 2.7 Comparison of Broiler Performance Under Mash, Pellet and Crumbled feed ........................... 28 2.8 Reasons for Complementary Analysis ........................................................................................ 30 METHODOLOGY ....................................................................................................................... 32 vi 3.1 Introduction ................................................................................................................................ 32 3.2 Conceptual Framework ............................................................................................................... 32 3.3 Experimental Design: .................................................................................................................. 34 3.4 Method of Analysis ..................................................................................................................... 37 3.4.1 Effects of Crumbled Feed on Broiler Production Indicators ............................................... 37 3.4.2 Minimum Cost Analysis ....................................................................................................... 40 3.4.3 Sensitivity Analysis of the Total (TC) ................................................................................... 42 3.4.4 Competitiveness of Broiler Production Under the Experiment .......................................... 43 3.5 Data and Study Area ................................................................................................................... 45 RESULTS AND DISCUSSIONS ................................................................................................. 47 4.1 Introduction ................................................................................................................................ 47 4.2 Summary of the Outcome of the Experiment ............................................................................. 47 4.3 Minimum Cost Analysis ............................................................................................................... 53 4.4 Sensitivity of Total Cost to Increasing Price of Crumbled Feed and its effects on ROI ............... 56 4.5 Competitiveness of Broiler Produced Under the Experiment at the Prevailing Market Price ... 59 SUMMARY, CONCLUSIONS AND POLICY RECOMMENDATIONS ................................. 63 5.1 Introduction ................................................................................................................................ 63 5.2 Summary of the Major Findings of the Study ............................................................................. 63 5.3 Conclusion ................................................................................................................................... 64 5.4 Policy Recommendations ............................................................................................................ 65 REFERENCES: ........................................................................................................................................... 67 Appendices 1: .......................................................................................................................................... 74 Appendix 2: ............................................................................................................................................. 77 Appendix 3: ............................................................................................................................................. 78 vii CHAPTER ONE INTRODUCTION 1.1 Background to the Study The poultry industry is by far the most popular and rapidly expanding animal meat production businesses globally (Watt, 2010). Law & Payne, (1996) emphasised early on that regarding its progress, influence and significance in the 1990s, the poultry industry is really popular. This popularity is due to its low price, multipurpose and considered to provide great deal of health benefits than red meat. The growth of the broiler industry is evident in developing countries and is more rapid than the growth of other meat industries in the livestock sector (Chang, 2007). According to the (FAO Statistical Year Book, 2006), the 2012 global meat production targeted a two percent expansion of 302 million metric tons in meat production. The envisaged growth will be driven by two sectors; the pork and broiler meat production sectors which reached a record of 100 million metric tons and 101.600 million metric tons respectively in 2011. The bigger crunch of this growth will come from developing countries, specifically Asian countries (Watt Executive Guide, 2012). Projections from FAO suggests that in the year 2021, the poultry meat market will be 127,000000 metric tonnes compared to the pork meat market share 126,000000 metric tonnes (OECD-FAO, 2015). Meat production worldwide is also anticipated to slow down over the next decade, 2016 to 2025 from previous growth rates. FAO forecasts world meat production will slow down from an average growth rate of 2.200 % per year in the previous decade to 1.800 % per year, which is mainly attributed to slower growth rates in Latin American countries, especially Brazil. 1 Poultry production, which increased by 14 % per year over the last decade, are estimated to average growth in the 2 % per year range to 2021. In all, 77% of the additional meat production surge during the period to 2021 will be accounted for by developing countries. Poultry production will remain in its growing course at the fastest rate, 2.200% per year, in comparison to other meats at the close of the same period with the highest production volume in the meat industry. As with demand for eggs, much of the global projection of consumption of meat is to make up 56 percent of the increase in meat demand between 2009-11 and 2021. The rise in meat consumption globally between 2009-11 and 2021 will also influence and shift the consumers’ choice for goods. The increase in demand for poultry and poultry products was as a result of high interest in its production and consumption (Colecraft et al., 2007). Relatively, poultry production has a shorter gestation period compared to other livestock such as goats, sheep, and cattle (Obi & Sonaiya, 1995). In 20 years, there is going to be an increase in the global demand for poultry by more than 6% (Watt Executive Guide, 2012). In the southern region of Africa, South Africa is the largest producer of broilers. Its production represents 1.5 percent of global poultry meat production. In the sub-region, South Africa’s poultry production makes up about eighty percent of broiler production (Sikuka & Torry, 2016). Global trends indicate that Africa is the new ready ground for colossal investment in poultry (Rabobank report, 2014). Poultry and poultry products are a relatively cheaper packed source of protein (Kwadzo et al., 2013), resulting in high consumption of poultry and poultry products in Africa (Shane, 2006; Killebrew and Plotnick, 2010). Poultry meat eating is very high in countries such South Africa, Morocco, Egypt and Nigeria (FAOSTAT, 2006) and yet production volumes remain very low in 2 Africa (Watt, 2010). Poultry and poultry products are considerably important to human beings. It is an important source of income, food and employment (Anang et al., 2013). The poultry industry in Ghana remains a major contributor to the Ghanaian economy as it employs many people and also improves food and nutrition security. There has been a major increase in the consumption of broiler meat in Ghana over the years (Johnson and Kufoalor, 2017). Less than 10 percent of the broiler meat consumption in Ghana is accounted for by local production (USDA, 2013). The population and housing census of 2010 reveals that 14,000000 birds are raised in the country as against 14,600000 recorded in the 1996 showing a huge reduction in production. This decline has serious negative effects on the maize and soybean sectors because the two sectors are directly linked to the poultry industry (SEND-Ghana, 2008). Ghana’s domestic consumption of chicken has seen an exponential growth by almost a factor of four (400%). This has resulted in a remarkable rise in market for poultry and poultry products in the country from 2000 to 2009 according a report of the Ministry of Food and Agriculture (MoFA, 2010). However, with this expansion in Ghana’s domestic market for poultry, the industry was not able to meet the demand (Khor, 2006). In the poultry production process, the feeding component represents seventy to seventy-five percent of the total cost of production (Sumberg et al., 2013). The constraints holding back the growth and competitiveness of the broiler industry are high costs of production, inefficient production methods, financing, institutional arrangements, restricted information of current poultry keeping, absence of value addition facilities and high energy prices (Killebrew & Plotnick, 2010; Kwadzo et al., 2013). Across the continent of Africa in general, some basic constraints are principally common to the poultry industry. Killebrew and Plotnick (2010) indicated that significantly huge costs associated with the poultry business, as well as glitches across Africa related to hygiene and poor know-how in rearing birds (operations and management) 3 and marketing issues are general constraints. (Dupaigre et al., 2004) also held the view that the challenge with acquiring inputs, high veterinary service charges and occurrence of diseases are hindrances to poultry farmers across Africa. Countries like Brazil and the United States of America enjoy very low costs of broiler production because of the low cost of feed (Davis et al., 2013). Globally, the relationship between the feed sector and broiler production is well established and acknowledged (Shiferaw et al., 2011). Johnson & Kufoalor (2017) noted that it is far from being achieved as a short term industrial goal for the Ghanaian broiler industry to replace the import of frozen chicken with home grown broiler meat by domestic broiler businesses. This however is a long term industrial goal requiring a strong foundation for competitiveness of the industry to be achieved over a period. Due to feed which is contributing the biggest share to the cost of producing broilers, it is the interest of this study to understand how feed can be manipulated to reduce cost of production towards the competitiveness of broiler production in Ghana. In Ghana, the use of mash feed by broiler producers is widespread and will require evidence-based information supported by results to get them to buy into the new technology. This must be combined with the innovation to reduce drastically the high cost of production. Technology and innovation have produced crumbled feed forms which could be used in the production of broilers to verify their performance, how and what they contribute to cost reduction in broiler production. Feed prices is one of the two most influential factors on which the meat market is going to heavily depend on from the year 2012. Global food price is one of the factors driving the feed price increase (Watt Executive Guide, 2012). Experimental economics deploys experimental approaches to evaluate theoretical predictions of economic behaviour. It is based controlled, scientifically-designed experiments to test economic 4 theories applied to laboratory settings. Typical empirical research is restricted in term of its ability to measure only a subgroup of the group of all the likely effects that impact (or can be observed to be affecting) economic decision making; therefore, the ability to control for certain effects is limited or non-existent. With experiments, economists can for example fix some factors of production and measure the effects of the other factors in a way that allows ceteris-paribus comparisons (https://www.sciencedaily.com/terms/experimental_economics.htm). The improvement of the productivity of two heavily interlinked sectors (maize-feed and poultry sectors) of the Ghanaian agriculture have been the subject of policies and programmes, and most of the times the competitiveness of the poultry sector compared to the imported frozen meat is the focus of development policy discussions (IFPRI, 2017). To therefore know how broiler production cost should be reduced to underpin the competitiveness of poultry production and that of the whole Ghanaian poultry industry, research must provide concrete intelligence on technologies to invest in regarding housing, management and feed as this study has set out assess the cost reduction contribution of the crumbled feed technology. 1.2 Problem Statement Competition from imported chicken meat is one of the major challenges of Ghana’s broiler industry (Tuffour & Sedegah, 2013). Broiler producers are not able to produce at a cost frontier that enables them to be competitive at the prevailing market price. Most poultry farmers who are in the business of broiler production in Ghana have either shifted to egg production or have completely discontinued their broiler businesses as a result of the array of problems facing the industry. Among the challenges facing the producers of broiler in countries where the industry is struggling include high levels of importation of broiler meat, uncompetitiveness and the high cost of feed (Tuffour & Sedegah, 2013; Akunzule, 2014). Among the components of the total cost of 5 production which include fixed costs (costs of housing, feeding and drinking troughs, water reservoirs, wellington boots, equipment and permanent labour) and variable costs (feed, drugs, veterinary service charges and electricity), feed cost is noted to be very high. Confirming this, Johnson and Kufoalor (2017) reported that feed cost as a variable cost component, represents 70 - 75% while Akunzule (2014) reported 60 – 70% as the proportion feed cost in the total cost of broiler production. Literature on global, regional and national poultry farming indicate that cost of feed exerts a lot of pressure on the industry, and this has serious implications on profitability and on the pattern, scale and rate of production ( Watt Executive Guide, 2012; Watt, 2010). Feed is the driver and the sustainer of the broiler industry (Watt Executive Guide, 2012; Global Poultry Trends, 2014). High feed cost influences the total cost of production which is inextricably linked to the uncompetitiveness of the industry and this in turn fosters importation. In view of the high cost of feed, there is the need for combined efforts of technology and innovation to reduce cost of production. The question that one will ask is, “what will be the variation in the total cost of production should the unit price of feed go up?” especially in a country, Ghana, where it is really difficult for the price of poultry feed to decrease because there is a competition for maize (the major poultry feed component) between human consumption and the feed industry. Crumbled feed is a type of feed fed to farm animals including broiler. It is a granular form of feed ranging from 1.81 mm to 2.3 mm in diameter. Crumbles are obtained by first compacting feed into pellets and broken into smaller sizes. Mash feed is the feed type with fine particles. All argument scan be made, however, if it does not make economic sense to the broiler producer, it will be rejected. Economics are as well affected by the performance of the broiler birds. Ioannis Mavromichalis (March 12, 2014). Due to the pecking nature of birds, they show so much preference to big particles in feed in proportion to the size of their beak (Portela et al., 1988). There 6 is paucity of comprehensive study in literature of either crumbled or pelleted feed-use in Ghana by broiler producers. This scarcity of studies on the use crumbled or pelleted feed by broiler producers in Ghana implies that mash feed is the most commonly used feed form by broiler farmers throughout Ghana. It is also the most patronized feed form in Ghana by poultry producers. Studies on the broiler industry in Ghana do not explore the benefits from the use of crumbled feed such as reducing or savings made in the cost of production and increasing returns as reported in other countries. The crumbled feed is reported in many countries to contribute to cost reduction, profitability, better feed conversion ratio (FCR) and improving weight gain of broilers. Feeding crumbles to broiler birds is accepted to massively improve their performance, feed conversion ratio (FCR) and feed intake (Dozier et al., 2010; Chehraghi et al., 2013; Lv et al., 2016). Per the many studies that were carried out in many countries either than Ghana, findings reported that in comparing the performance of mash feed to that of the crumbled feed, birds showed greater preference to the crumbled feed with zero fine. It is also reported that the crumbled feed form mostly yields superior weight gain compared to mash (Zohair et al., 2012). The birds reach market weight faster under crumbled feed than under mash feed. In placing monetary value on the added benefits of crumbled feed use to broiler businesses as contribution to cost reduction, it will be of great importance as it could drive low cost production of broiler in the Ghanaian broiler industry if adopted gain (Neves et al., 2014). Considering crumbled feed for instance, many studies have again reported that it is possible to obtain significant contribution to improving productivity of broiler production, reduces waste, reduces cost at which unit broiler is produced and shorten the number of weeks it takes the birds to reach desirable market weight. Findings reported by (Gadzirayi et al., 2006) indicated that by using crumbled feed, it is possible to reduce waste by eighteen percent (18%) because of the 7 increased particle aggregation and also the drastically minimized selection of preferred ingredients by birds. A detailed assessment of the performance and cost reduction contribution of the crumbled feed in the production of broiler in Ghana has not been verified. The use of crumbled feed is widespread in countries where the broiler production is highly competitive, integrated and sustainable (Johnson & Kufoalor, 2017). Therefore, to ascertain the contribution of the crumbled feed to broiler production, a detailed assessment of the product’s performance to understand what and how it will reduce cost of production has to be carried out. 1.3 Research Questions Ghana’s broiler industry faces serious challenges that require targeted long-lasting solutions through reduction of production cost so as to drive the competitiveness of broiler production. To assess thoroughly the full potential of the crumbled feed technology to reduce production cost, the following questions were posed by this study: 1. What is the contribution of crumbled feed to reducing the cost of producing broiler meat for the Ghanaian domestic market? 2. What is the variations in the total cost of production when the cost (the market price) of the crumbled feed receives shock? 3. What is the cost competitiveness of broiler production based on the experiment conducted? 1.4 Objectives of the Study The main objective of the study is to assess the contributions of crumbled feed to reducing cost of production and its economic viability to be recommended to broiler farmers in Ghana. 8 1.5 Specific Objectives The specific objectives that will contribute towards achievement of the overall goals are to: 1. Conduct a field experiment and assess the effects of crumbled feed on the cost of production. 2. Ascertain the variations in the total cost of production when the cost (the market price) of the crumbled feed receives shock. 3. Analyse the competitiveness of broiler production based on the experiment conducted. 1.6 Justification of the Study Evidence on how and what the crumbled feed technology is contributing to broiler production in terms of weight gain will help to understand the extent to which it is affecting profitability and the overall performance of broiler production. Economics of the technology determines its acceptability by farmers and at the same time, the economics are affected by performance. It is therefore important to establish through the performance and economics of an experiment, the contributions of the crumbled feed technology in terms of better Feed Conversion Ratio, reduced feed loss, shorter time within which birds reach market weight, and the monetary values of the additions the technology brings on board. Comprehensive, easy and ready to be applied information the technology will set the Ghanaian broiler industry on a sure different path to competitiveness. The number of weeks the farmers stand to save by virtue of using the crumbled feed technology to get bird ready for market is an immense contribution toward direct cost saving in term of feed usage which account approximately for 70% of the total cost of production. The projections of increasing total cost of production due to constant increase in the cost of feed is as a result of completion for maize and soybean between the poultry industry and domestic consumption primarily. It is therefore a powerful decision-making information needed by broiler 9 farm businesses to plan for the future and then put in place contingency plans that will save the farm businesses major loss in times of adversities. Analysis of the competitiveness of broiler production comparing crumbled to mash feed, will provides businesses with the vital information of how close they are getting to being competitive on the domestic market, and to policy makers, it highlights the importance of investing in researches and especially experiments to generate technologies and innovations to help the private sector drive economic growth and food and nutrition security. 1.7 Organisation of the Study This thesis is divided into five chapters. They are organised in the following order; Chapter one which gives a preview of the entire study followed by Chapter two which presents the review of literature. This is made up of broiler production experiments, production cost and various techniques used in experimental evaluation. Chapter three outlines the methodology used for the study. This consist of information about the method of analysis, the conceptual framework, theoretical framework, the hypothesis test and empirical analysis for evaluating technologies and interventions. It also detailed information on the data used and about the study area. Chapter four presents the results and discussion of the study following each specific objective. It also gives summary statistics of input and output variables of the contribution of crumbled feed to broiler production and the economic analysis. Finally, the summary, conclusions and policy recommendations of the study makes up Chapter five. 10 CHAPTER TWO LITERATURE REVIEW 2.1 Introduction This chapter focuses on the review of literature highlighting the various methodologies needed for cost estimation, return on investment analysis and the strategies for reducing cost of production. 2.2 Poultry Industry and Trends Most of the broiler businesses and firms in the country are forced out of the market because of the fierce competition from the imported chicken meat (Tuffour & Sedegah, 2013). All farm households and rural families of most third world countries engage in livestock rearing as additional source of income supplementing their main livelihood (Anang et al., 2013). Ekunwe et al. (2006) pointed out that raising birds has taken on a crucial role in the business setting as a commercial activity cum tremendous prospects, however, this study is of the view that potential alone is not enough and will achieve nothing should things continue the way it is. The understanding is that in commercial activities, it is the final consumer that is satisfied to create value for the business and the value in the chain for the consumer must be the centre of the commercial activities. This includes how much the consumer is willing to pay for the commodity, at what cost, time and how can the business produce for this consumer to make profit, are there other businesses targeting the same customer, what are they doing, and others. Failure to answer these questions diligently has resulted in the Ghanaian poultry industry lagging and ceding its large market to import. According to (Anang et al., 2013) and (Assa, 2012), poultry meat production has taken the lead role globally in terms of meat production with developing countries driving its fast growth. The current situation of commercialised poultry in Ghana 11 according to (Kusi et al. 2015), has no future should things continue the way they are now, hence need for an urgent action leading to the design of new and inclusive models to transform the industry to unleash the full potential of the resources available to the development, growth and competitiveness of the industry. To address the acute shortage in animal protein supply in the country and jobs, it was identified by the government at the time, 1960s, that commercial poultry keeping was the utmost tool (FAO, 2014). The data and literature available on the poultry industry (the broiler industry specifically as the focus of this study) is highly limited. There are staggering contradictions which make it difficult to paint or give a clear picturesque description of the history of Ghana’s poultry industry and its evolvement. Discrepancies in the statistics on the industry’s performance, growth, and challenges makes it really hard to plan a progressive transformation of the industry from where the industry is now and what it is experiencing. In terms of statistics, the following contradiction is observed. Two different reports showing an unbelievable difference in figures reported on the same industry in successive years; the percentage of the domestic production of poultry is able to meet out of the total domestic market’s quantity of chicken meat demand presented by (ISSER, 2011), was 10% and (MoFA, 2010), was 30%. The following are two different sets of views and statistics of the Ghanaian poultry industry. The observations made by (MoFA, 2010) showed that from 2000 to 2009, chicken accounted for 58% of the total meat import into Ghana. The increasing income level and food production deficit have induced an exponential increase in demand for poultry and poultry products. This surge in demand has led to flooding of the domestic market with imported poultry products (Egyir & Adu– Nyarko, 2012). The import of poultry and poultry products into the country poses a serious threat to the local poultry industry, even its collapse. Adding to the escalating cost of labour, feed, day 12 old chicks and other variable inputs (Koney, 1993; Aning, 2006) are the losses due to many other factors. These are lack of innovative ways of feed use and institutional arrangement to assist broiler farms in accessing consistently readily available veterinary care for their birds within the shortest possible distance and market to drastically reduce cost of raising birds. In 2010 a year in which the livestock industry grew by 5.1%, the poultry subsector declined as much as 12.8%. In the same year, the domestic poultry production could only meet 10% of the total domestic demand (ISSER, 2011). There is however a contradiction in the statistic of the percentage the domestic production of poultry is able to meet out of the total market demanded locally presented by (ISSER, 2011), 10% and (MoFA, 2010), 30%. There are many indicators pointing to the fact that the broiler business is dying however, the increasing demand for the poultry and poultry products is interpreted as an opportunity for the commercial broiler business (Kwadzo et al., 2013). The question to be asked is, how can the domestic broiler industry take full advantage and control of the available and growing demand for poultry meat? The domestic broiler industry has a potentially large market available for growth and expansion, but access to this market is constrained by high cost of production (feed, drugs and high energy prices) and mortality rates due to wrong feeding practices, ignorance of management needs and poor distribution of vaccines; therefore militates against broiler production (Koney, 1993). However, in recent years, poultry farmers have started to receive some form of training to upgrade their capacity in raising birds and it is also clear that a lot remain to be done should the poultry industry in Ghana make significant contributions to the economic growth of the country (Anandajayasekeram et al., 2004). 13 Domestic poultry production is not able to meet the domestic demand. Production is characterised by extremely high cost of feed. Greater Accra is the only region that has an office where poultry farmers all over Ghana visit to be able to consult a veterinary doctor for prescription and advices for their birds. Transportation cost due to the lack of this institution’s physical presence in the interior regions of the country where poultry production is being undertaken is worsening the plight of the farms in the broiler industry. The increase in demand for poultry and poultry products was as a result of so much interest attached to its production and consumption (Colecraft et al., 2007). Relatively, poultry production has a shorter gestation period compared to other livestock such as goats, sheep, and cattle (Obi & Sonaiya, 1995). The population and housing census of 2010 reveals that 14,000000 birds are raised in the country as against 14,600000 recorded in the year 1996 showing a drastic reduction in bird population of more than half a million birds. This decline has serious negative effects on the maize and soybean sectors for these two sectors are directly linked to the poultry industry (SEND-Ghana, 2008). Poultry and poultry products are actually a relatively cheaper packed source of protein (Kwadzo et al., 2013), resulting in the consumption of poultry and poultry products becoming continually significant in Africa (Shane, 2006; Killebrew & Plotnick, 2010). The countries known on the continent with respect to the consumption of poultry are South Africa, Morocco, Egypt and Nigeria (Food and Agricultural Organization Statistics (FAOSTAT, 2006). Yet production volumes remain very low in Africa (Watt, 2010). Ghana’s domestic consumption of chicken saw an exponential surge in that consumption has been multiplied by almost a factor of four (400%). This explains the report of the Ministry of Food and Agriculture (MoFA, 2010) that the country has 14 experienced a remarkable increase in demand for poultry and poultry products from the year 2000 to the year 2009. The account of Ghana’s poultry industry is really a sad one (Khor, 2006). Secondly from a publication by (FAO 2014), as indicated by (Kusi et al., 2015) stated that in 1960s, to address the acute shortage in animal protein supply in the country and jobs, it was identified by the government at the time, that commercial poultry keeping has got the utmost tool to be used as a strategy hence a cohesive poultry project was established. During the period of 1980 to 1990, the Ghanaian poultry industry experienced a galloping growth resulting in the country’s agriculture sector becoming a lively one, supplying 95% of the local demand for broiler meat and eggs. There has been overall rise in livestock production since 2000. This rise in production is however due largely to the incredible growth experienced by the southern compartment of the poultry sector (FAO, 2014). (Atuahene et al., 2010) reported that the Ghanaian poultry industry continue to make significant contribution to GDP in the form of impacts in the agriculture sector of the Ghanaian economy. This therefore calls for actionable policies from both private and public sectors that will drive the rebuilding of the industry from scratch with an all-inclusive approach focusing on the final consumer to creating values for the satisfaction of his needs. The growing demand for poultry and poultry products is yet to receive a matching response with an increase in local production. The situation is not looking good for the local industry since it is rather suffering from a recurrent and substantial decline in growth (Aning, 2006; Khor, 2006; Flake & Ashitey, 2008). (Tuffour & Sedegah 2013), noted that the foremost issues confronting the broiler industry are marketing constraints and risks, besides fiscal and production limitations. These threatening 15 factors working against the development of the poultry sector includes extreme competition from imported chicken, increased cost of input resulting in high cost of production, pest and diseases attacks, inter alia (Aning, 2006; Killebrew & Plotnick, 2010; Kwadzo et al., 2013, Tuffour & Sedegah, 2013). The study is however taking a position different from that of the above reference stated. The heavy importation the country Ghana is experiencing is rather as a result of the poultry industry’s failure to be abreast of the global industrial trends in innovation, technologies, human resource, and disease control, research and development, marketing, to operate efficiently at the minimum cost level to establish an evolving unbeatable competitive advantage. Production is the process of converting inputs into outputs as value for recovering costs and making profit as the prime objective of every business. Understanding of the business’ model, making provision for the infrastructure and the key activities to be carried out to create values inform cost structure of the business. There are many cost classifications such as fixed cost, variable cost, direct cost, indirect cost. For the purpose of this study, fixed and variable cost will be used. In analysing the effects of changes in technologies, innovation adoption, inputs substitutions, Partial Budgeting Analysis is the best method so far developed. Changes effected the initial budget of a business results in four effects which are increase in income, reduction in cost, reduction in income and increase in cost ( Lessley et al., 1991). The 2012 meat production projections were pegged at two percent to expand to 302 million metric tons according to FAO of the United Nations. The envisaged development will be compelled by two sectors, the pork and poultry production, which in history for the first time exceeded 100 million metric tons, documented a value of 101.6 million metric tons in 2011 as rendered by FAO figures. Feed prices is one of the two factors on which the meat market is going to heavily depend from the year 2012. Global food price is one of the factors driving the feed price increase. The 16 bigger crunch of this growth will come from developing countries, specifically Asian countries (Watt Executive Guide, 2012). This clearly mean that Ghana is excluded. Domestic production is not able to meet the domestic demand. Production is characterised by extreme high cost of feed. How then can the local poultry industry drastically reduce cost of production to encourage expanding the industry for economic growth? Transportation cost due to the lack centres and institutions in the interior regions of the country (where poultry production is being undertaken) where farmers can seek the experts’ advices is worsening the plight of the farms in the broiler industry. Many researches have been undertaken in this regard. However, there is still a lot to be done. One of those things which could be done is the adoption of innovative ideas such as feeding birds with crumbled or pelleted feeds instead of the mushed one to reduce feed wastage which amount to additional cost with no return, but has proven to be better option to raising broiler anywhere in the world due to the performance birds put up when with crumbled or pelleted feed. Birds reach market weight within a shorter period of time, as a result of a much better rate of weight gain (Neves et al., 2014). 2.3 Broiler Production The undertaking of broiler production strictly requires the consideration of the following principles though not limited to them alone, “Arbor Acres Broiler Management Guide,” 2009, has it as One, the practical understanding of factors of the production chain is heavily dependent on and the changeover stages between them. Two, the requirement of observation of changes that are taking place in the birds is critical. Same consideration must be given to the environment in which the birds are kept. Three, critical attention must be given to the quality of what the final product is going to be; from the beginning to the end of the production process. Four, the response to the 17 appropriate and continual needs of birds as they grow; (the requirements of birds change progressively as time passes), is another duty on management. It is fundamental the broiler farm manager understands the needs of the broiler birds by means of applying the responsive management to supply the specific flocks with their individual needs to seal the optimal performance of the birds. The diagram below therefore gives us a pictorial description of the broiler industry. Poultry (broiler) production is a closed cycle comprising of many component playing active roles which made the broiler industry a dynamic one. The major components of the cycle are the hatcheries industry, the feed mill industry, the transportation industry, the processing industry, the retail industry and broiler production industry itself is in the middle linking them all together. The hatcheries operate on the parent stock. Their objective is to produce high quality, fertile eggs to be hatched as high-quality chicks to be raised by the broiler producers. Feed mill industry is that component with large operations. It flourishes on the back of a successful crop sector (maize and soybean sub-sectors). Its objective is to supply the hatcheries and broiler producers with high quality feeds. The transportation industry plays an important role as well, facilitating the movement of goods and services among the players of the of the bigger system. The processing industry collects the live birds from producers, process and relay the processed meat to the retail 18 Figure 2. 1 The Process of Producing Quality Broiler Meat Feed mills Location Operation Objective Parent stock To produce high quality, fertile Parent management eggs stock Egg E gg storage Transport Egg hatchery Hatchery Incubation To produce high quality Hatching chicks To maintain chick quality Transport Broiler Brooding To develop good feeding behavior Disinfection farm To develop immune function s To allow optimum development of Growth skeleton and cardiovascular management system To optimize carcass quality Cleanout Depletion To maximize bird welfare Transport Pro cessing plant Processing Retail Source: adapted from “Arbor Acres Broiler Management Guide,” 2009. 19 industry to transact with the consumers. The producers of the broiler are the centre unit which raise the day-old-chicks produced by the hatcheries using the feed from the feed mill industry, the processing unit to process for the market. 2.4 Inputs Use in Broiler Production Broiler production is characterized by use two main inputs use, fixed and variable inputs. (Among the total cost of production which include fixed cost (housing, feeding and drinking troughs, water reservoirs, wellington boots, equipment, permanent labour, etc.), variable cost (feed, drugs, veterinary services charges, electricity etc.) feed cost is very high. Provision of quality inputs such as chicks, feed and medication aids the poultry farmers in quality chicken production. Inputs involved in the production of poultry can be realised from numerous perspectives. These could be either external (Non-Factor costs) or internal (Factor costs). The latter entails the control of the farming household, and that takes account of capital, labour, land and management. Either Cash (Paid) Costs or Non-Cash (Calculated) Costs marks the cash involved in production. A different way to group the inputs is to differentiate Variable inputs from Fixed inputs. Variable costs fluctuate with the level of operation and the size of the output. Variable inputs take into account items mainly feed, vaccination and casual labour. Cost of these could be reduced to a certain degree and not incurred in the absence of production. Variable costs mainly consist of day old chicks and feed, which accounts for a higher percentage. Labor cost accounts for mostly the least of the though not at all times but varies in contract and non-contract/ independent broiler farming (Kalamkar, 2012). Fixed inputs on the other hand accounts for items like taxes, insurance, interest, and depreciation on structures and equipment, its cost is incurred in the presence or absence of output. 20 2.5 Types of Feed Used in Broiler Production There are various forms of feed, which are pellet, mash and crumble. These are the known feed forms that are fed to broilers. The forms in which these rations come are the factors which critically and directly dictate how much it will cost to mix them and the performance the birds when the feeds are fed to them. Successful broiler growth is reliant on optimal feed consumption all through the growth period. A number of factors such as environmental temperature, and diet nutrient density, and physical feed quality is considered to have a very significant impact on broiler growth. In order to ensure maximum utilization of the diet consisting of energy, protein, and every nutrient, an accurate amount of these necessary nutrients is required for optimal growth of the fowls and for reduction of wastes which increases cost of production. The physical form in which feed comes be it mash or pelleted feed is a vital feature in meat yield of broiler. Feed mainly used in broiler production worldwide is mostly mash or pelleted. Mash feed is basically a type of a whole feed that is finely powdered and mixed so that ingredients are not separable by birds; every single gulp offers a balanced diet. Pellet feed on the other hand is really an improvement of the mash system. It basically involves mechanically pressing the mash into hard dry pellets or “artificial grains” of different grain sizes. It is mostly accepted that, in comparison to mash, pellet feed improves broiler. Good pellet quality is well-defined as the ability to bear up mechanical handling (bagging, transport etc.) devoid of separating or disintegrating, and to get to feeders devoid of producing a great quantity of fines. Pellet feed is made up of 21 complete feed which is compressed and extruded to about 1/8 inch in diameter and 1/4 inch long (Zakeri et al., 2013). Another type of feed is the crumble feed, basically made at the mill by pelleting of the mixed constituents and then crushing the pellet to a consistency rougher or less fine compared to the mash feed. In recent times, this type of feed has become common in poultry production owing to its ease of feeding (Jafarnejad et al., 2010). It is a generally conventional principle in poultry nutrition that dietary energy and the essential nutrients must be measured as an entity. Mash diet according to (Jafarnejad et al., 2010). contributes higher results of growth and less mortality hence is more cost-effective. Conversely, milled or ground feed is not so palatable and does not reserve its nutritive value so well as ungrounded feed. With regards to mash feed, (Amerah et al., 2007) available information suggests that medium and coarse grindings are expedient to advance the performance of broilers fed mash diets and that these favorable effects are greater in diets of enhanced particle uniformity. Pelleting feed is documented to improve weight gain, feed consumption and feed efficiency in broilers regardless of the source of grain. These improvements (Amerah et al., 2007) have been attributed among other things, to higher density, improved starch digestibility resultant from chemical variations during pelleting, increased nutrient intake, changes in physical form, reduced feed wastage and reduced energy spent for eating. On the other hand, disadvantages related with pelleting feeds take account of the upsurge in the cost of the feed owing to the pelleting and also the process may reduce the availability of some essential amino acids such as lysine and destroy certain vitamins (Fasuyi & Arire, 2015) 22 Broilers that were fed fine particle wheat mash had lesser weight gains and feed consumption compared to those fed with pelleted diets as observed by (Amerah et al., 2007.) It was also noted that the digestive tract of birds that were fed the powdered or fine particle mash diet turned out to be severely impacted, which is believed to may have been brought about by highly viscous digesta from finely ground wheat. Birds fed fine mash diets have been reported to have high digesta viscosity in comparison to those fed medium or coarse wheat diets. The greatest advantage associated with using pellet feed is that it minimizes waste in feeding. The drawback involved is that pelleting is costly; about ten percent (10%) costlier compared to feeds not pelleted. (Zakeri et al., 2013) stated that pellets had better-feed efficiency up to six-week age of birds and also noted that pelleting feed affected the body weight gain of the birds positively. It was also noted that feed intake of broilers could reach up to 10 per cent greater with crumble or pellets in comparison with mash (Zakeri et al., 2013). After the attainment of adequate gizzard development, development in performance with regards to the feeding of coarser, more uniform particles may be partly explained by the lower energy input required by birds when they ingest coarser particles. The number of pecks to consume a given amount of feed becomes reduced when particle size increases. 2.5.1 Mash Feed The mash feed form is that which is ground, fine with all the needed ingredient in place and in their right proportions making it balanced for optimum growth of the broiler under production. Ingredients are not easily separated into its components but are not bound together into bigger particles. Fine particle feed is however not tasty, retain very less the nutritive values of the feed (Zohair et al., 2012). 23 2.5.2 Crumbled Feed Crumbles which can be termed as artificial grains but have the same nutritional value as the mash feed form (Zohair et al., 2012). The main drivers of the profitability of commercial broiler farms are feed related costs. It is really underpinned by an excellent nutrition for exponential growth rate (Neves & Neves, 2014). Though feedstuff is of important high economic aspect of rearing broiler for commercial purposes and primarily responsible for birds’ growth response, the major point of concern is it constitute the largest cost component in the production poultry (Albino et.al., 2012). The suggestion that broiler chicken associate with feeds’ physical characteristics was based on the observation that birds have not lost their natural capability to discriminate among different feed diets regardless of the high-level selection to arrive at fast-growing birds for domestication. Birds possess the ability to pick diverse sizes of feed particles even in the initial stages of life. The size and type of food the birds are likely to consume is determined by the setup and structure of beak and also the granulometry of the particle (Neves et al., 2014). Findings reported by (Gadzirayi et al., 2006) indicated that by using pelleted feed, which is not too far from the crumbled feed used in this experiment, it is possible to reduce waste by eighteen percent (18%) because of the increased particle aggregation and also the drastically minimized selection of preferred ingredients by birds. Crumbled feed significantly help in the development of the digestive tract, reduces time spent on feeding. By this, birds get enough resting time thereby using little energy to for maintenance and increasing energy available to for growth (Neves & Neves, 2014). Moreover, time expended during feeding is dependent on the granulometry of the feed (Yo et al., 1997). According to (Briggs et al., 1999) pellet quality is the ability of a pellet to continue unbroken all through handling, supported by (Angulo et al., 1996) who threw light on the fact that the quality 24 is inversely proportional to the feed particle size; meaning, the smaller the particle size, the bigger the surface for absorbing dampness from steam, resulting in a better lubrication mixture and thus, an improved pellet quality. The quality of the pellets may be the subject of strong contention among researchers, and feed manufacturers because of how they affect animal performance and in the process, the cost-benefit ratio in feed processing. When the percentage of fines in the feed is high, it annuls the benefits of the pelleted or crumbled feed. This shoot the cost of production and making the process impracticable for the industry, since the benefits be enjoyed from the process practically vanishes in comparison to the mash feed (McKinney & Teeter, 2004). The use of high-quality pellets results in higher body weight (Lilly et al., 2011), shoot up broiler growth by twenty five percent and feed consumption was improved on the average, in comparison to low quality and mash diet rich in proteins (McKinney & Teeter, 2004). The interesting thing about the performance of mash and pelleted feed is that there is no difference in the weight gain by birds under the two different feeding regimes should the pellet quality be poor but with a higher feed consumption under the mash feed regime. Mash diets point toward a higher feed intake with a similar weight gain to low-quality pellets, signifying, in this sense, a better digestibility of low- quality pelleted than mash diet (Lemme et al., 2006). 2.6 Partial Budgeting: According to (Wander, 2016), anticipated changes to be implemented on a farm affect a business in part. So therefore, proposed adjustment in the business resulting in changes in income and cost is better captured by partial budgeting techniques. Partial budget is the suitable technique for analysing practical farm management problems like the substitution of one input to another say crop for livestock as crumble feed to mash feed in broiler production business, altering input levels or the type’s inputs, altering size of enterprises. Partial budget is a technique and a tool at the same 25 time best suited to small changes that we undertake in the business. The partial budget shows whether the changes will increase, decrease or have no effect on net income of the business. The partial budget has four clear-cut parts divided into two sections; left side, comprising of the added gain and saved costs and, the right-hand side comprising of the reduced income and additional cost (Lessley, 1991). 2.6.1 Reduced Cost Substituting crumbled for mash feed in the proposed change to be implemented, the expenses associated with dropping the mash feed are the reduced costs. saved costs are either variable or fixed. Should the need for drugs, labour, the quantity of feed and mortality of Day Old Chicks reduce because we no longer use mash feed, we have reduced cost associated with mash feed. In case where investment in fixed assets such as some type of feeders are discontinued due to substituting crumbled for mash feed, we are then able to reduce the appropriate fixed costs of depreciation. However, profitable use must be found for those fixe cost items, and interest charges on average value and some repairs. There are some cases in which the costs for infrastructures, fences (farm structures) and other fixed items cannot be reduced, because the business is trapped with them. This can be true of labour should the change require less labour, but the supply is fixed with the business owner and full-time salaried held. If labour time is shortened and there is a useful use for this labour, we would take note of the labour value as an extra income. 26 Table 2 1: Structure of Partial Budget Additional income Value Reduced income Value Birds sold under pellet feed Birds sold under mash feed Difference in weight gained Difference in weight gained (positive) (negative) Alternative use found for Revenue loss due to saved saved labour labour without alternative use Alternative use found for Revenue loss due to saved saved inputs inputs without alternative use Alternative use found for Revenue loss due to saved saved fixed input(s) fixed input(s) without alternative use Sum of the additional income Sum of the reduced income ∑ 𝒀𝒂𝒅𝒅. ∑ 𝒀𝒓𝒆𝒅 Reduced costs Additional costs Mash feed Pellet or crumbled feed Reduced labour use Additional labour Reduced inputs use Additional inputs Fixed inputs not needed to Additional fixed input execute changes required Reduced number of days required to market weight Sum of the reduced costs Sum of the additional costs ∑ 𝑪𝒓𝒆𝒅. ∑ 𝑪𝒂𝒅𝒅. = 𝑵𝒆𝒕 𝒊𝒏𝒄𝒐𝒎𝒆 𝒇𝒓𝒐𝒎 𝒄𝒓𝒖𝒎𝒃𝒍𝒆𝒅 𝒇𝒆𝒆𝒅 = (∑ 𝒀𝒂𝒅𝒅. + ∑ 𝑪𝒓𝒆𝒅.) − (∑ 𝒀𝒓𝒆𝒅 + ∑ 𝑪𝒂𝒅𝒅.) Source: Adapted from (Lessley, 1991) 27 2.6.2 Reduced Income A projected change in the farm business operation may likely reduce our farm income because of alterations in production practices that is, enterprises being removed, reduction in size or output. For instance, discontinuing the use of mash feed to produce the birds means forgoing the revenue generated through the use of the mash feed for raising the birds (Soha, 2014). 2.6.3 Additional Cost Partial budget takes account of any new costs related with a proposed change. The substitution of crumbled feed for mash. These costs can be fixed of variable. The substitution of crumbled feed for mash means under additional costs we must take account of variable cost items such as crumbled feed cost, nutritionist advisory services, medicine, vitamins and transportation. 2.6.4 Additional Income A projected change to be implemented in a farm business may bring additional income from the enterprise being added, the increase in the size of an enterprise or an input being substituted for another. For instance, income generated from raising broilers with crumble feed is the additional gain. That is when the birds raised with crumble feed attain heavier weight within the same period of production or less. The income resulting from the extra weight of birds is the additional income. Or, when the birds raised with crumble feed attain heavier weight (market weight) within a shorter period of time, the savings on feed cost, labour cost, drugs cost, veterinary services, are added to the reduced costs (Lessley, 1991). 2.7 Comparison of Broiler Performance Under Mash, Pellet and Crumbled feed In a study by (Fasuyi & Arire, 2015) performance characteristics of broiler chicks fed mash 2mm pellet and crumble diet, the feed intake value obtained for birds on mash diet had the highest value 28 and was significantly different from the lowest value obtained from birds that fed 2mm pellet diet. It was recorded that the highest weight gain value was recorded for birds placed on pellets although similar to those on crumbles. They also recorded that the least and optimum feed conversion ratio was obtained for birds placed on pellets and this was significantly different from those placed on mash and crumbles. Generally, growth performance results from the above stated study showed that optimal performances were achieved in pelleted diets. This study was also consistent with another study conducted where weight gain was significantly greater in broilers fed crumble-pellet diets than mash diets when assessed over a trial period. Birds fed on crumble feed had the highest weight gain and the best FCR. The results were in accordance with those of (Pirzado et al., 2015) who based on their findings had this outcome. The broilers provided crumble feeding consumed more feed than that of birds provided mash. It was also stated that the overall feed intake of broilers fed crumble was higher than the broilers with mash feeding and the body weight of broilers with crumble feeding was observed higher from 2nd to 6th week than that of broilers with mash feeding. The overall live body weight was recorded significantly more in broilers with crumble feeding than the broilers with mash. The trend of weight gain (%) was also remained risen from 2nd to 6th week for the group of broilers fed crumbles in comparison of broilers with mash feeding. The overall Feed Convention Ratio was recoded to be comparatively better in broilers with crumble feeding than broilers with mash. In accordance with most other authors results, the feeding of pellets, compared to mash, improved broiler growth rate and increases weight gain, which is associated with an increased feed intake and improved feed conversion efficiency (Jahan et al., 2006). It is obvious that birds on the pellet diets have the highest and most profitable commercial value as the total net return is most favourable for commercial broiler starter production. 29 2.8 Reasons for Complementary Analysis The study’s experiment conducted was basically for the purpose of assessing the biological gain the crumbled feed technology is contributing to the broiler production; and then complement provide economic interpretation to the biological gain achieved. Most of the experiment conducted specifically on the influence of crumbled feed on broiler production performance is limited to the biological gain by the testing of significance differences among the mean values of the parameters of interest measured. The purpose of the biological and the statistical tests were less sufficient to recommend a technology to farmers for use. When a technology is evaluated based only on the statistical tests, potential technologies and innovations will be rejected and many were rejected in the pass. Taking a maize variety X for instance, which has been evaluated and the mean yields were significantly different between X and Y the current variety being used by the farmers (Anandajayasekeram et al., 2004). Anandajayasekeram et al., 2004 used the analogy similar to the following. Upon recommendation, farmers started growing X instead of Y. After harvest, the farmers realized that they can only keep this new variety for only four months, however, they use to keep Y for even more than a year. Apart from the shelf-life, another problem could be that when X is taken to the market, it has got very low patronage by consumers. Due to these challenges, economic analysis comes to answer the “and so what” question. My yield was increased and so what? Do I have market for these new variety of maize? What market price is there for this new variety of maize I am growing? Is my environment favourable for the expected outcome to be achieved? Are there associated costs that will swallow back the gains made? Failure to answer these questions properly and complement the biological tests with it, viable and helpful technologies and innovations will continue to be rejected. For instance, if a technology’s 30 contribution is saving cost of operations, adding value, improving quality of the harvest, etc. … it will be difficult to capture it with the test of significant differences. However, technologies making the contributions mentioned above are actually preferable to farm businesses depending on their objectives (Anandajayasekeram et al., 2004). In experiments conducted by (Pirzado et al., 2015); (Fasuyi & Arire, 2015) and (Jahan et al., 2006) the focus was on the parameters that measured the biological gain. These parameters were then tested for the significant differences between their means. No further analysis was conducted. This approach lacks the engine to drive recommendations when situated in a system framework (Anandajayasekeram et al., 2004) for the following reasons. For an industry like that of broiler, the relevance of a technology to its players must have significant market orientation, must have strong bearing on the core goals of its target and their manner of resource utilization. Also, agronomic information only displays the practical relationships deployed to estimating the practical best and is always better than the economic finest. It is just a step in the process of evaluation. Going further, decisions choices of farm businesses are made progressively and actions required to implement them with the support of scarce resources to attain goals (Anandajayasekeram et al., 2004). The approach of this study to combine statistical and economic analysis was in a way influenced by the work of (Anandajayasekeram et al., 2004) to be able to give recommendations about the technology in a system framework. (Anandajayasekeram et al., 2004) showed that it is imperative to follow statistical analysis up with relevant economic analysis for the worth of the biophysical experiments’ results to be greatly boosted. 31 CHAPTER THREE METHODOLOGY 3.1 Introduction This chapter presents the details of the method of analysis used assess the contributions of crumbled feed technology to cost reduction. It covers the conceptual framework, theoretical framework, empirical analysis for estimating price competitiveness and the net effect of substituting one input for another by the partial budgeting technique. The experimental design and data gathering process are also outlined. 3.2 Conceptual Framework The conceptual framework of the study is showing how the two forms of feed for broiler production are influencing the total cost of production. It reduces total cost of production directly and indirectly. The flowchart (Figure 3.1) illustrates the performance of the crumbled feed technology against the mash feed showing explicitly the resulting outputs on broiler production cost, feed conversion ratio, weight gained and number of weeks it took to grow the birds to market weight. The environment contains most of the factors that affect the broiler industry. The major ones are feed (sustainable crop sector and a vibrant feed mills industry), institutions, Cost of day- old-chicks, utility charges and housing costs. Cost is the major factor that is influencing production of broiler in Ghana and this is as a result of the high cost of feed. The feeds get to the broiler farmers from feed mills that were fed by the maize and soybean sub-sectors. The other inputs combine with feed in the production process to generate the desired output (broiler) at a lower cost using the crumbled feed. This low cost of production is the start of the journey toward competitiveness. 32 Figure 3. 1 Flowchart Showing the Conceptual Framework COMPETITIVENESS LOW COST OF Production cost of PRODUCTION a Kg: GHS 8.159 Pro duction cost of a Kg: GHS 9.334 FCR: 1.75 INPUTS FCR: 2.06 DOCs Housing Labour Drugs Average weight: Veterinary service 2.312Kg Equipment and materials Aver age weight: 1.968Kg Birds are ready for market in 6 weeks Birds are ready for market in 8 weeks Crumbled Feed Environment - Natural resources: land, water, sunshine, M ashed feed - Technologies, innovations, ICT, - Institutions and ministries, - Finance, - Technical know-how, - Market, domestic and international trade, Source: Author’s Own Construct The inputs including day-old-chick, Housing, Labour, Drugs, Veterinary service, Equipment and materials are supporting the feed in the production process to yield the desired output. 33 3.3 Experimental Design: The experiment was a farmer managed experiment, conducted from 25th April to 6th June of 2017 in Oyarifa in the Greater Accra region of Ghana. The motive behind carrying out the experiment on the farm of the farmer was so that every activity undertaken was done within the capacity of the farmer and that the recommendations are actually practicable and geared towards strengthening the broiler industry in Ghana. This will enable the farmer to appreciate the information given him or her that is based on results from the experiment carried out. This was a two-factor experiment involving mash and crumbled feed and was completely randomized. A total of 294 birds (broiler day old chicks) were reared from day old to a target market weight of 2.5 kg over six weeks. All necessary and recommended broiler production practices were observed in practice on the farm as on a typical commercial broiler farm. The two hundred and ninety-four birds were divided into two groups A and B, being the control and treatment respectively. Group A birds were fed with the mash feed for the growing period, whilst group B birds were fed with crumbled feed. Conditions (same geographical location, water, time of feeding, biosecurity measures, management practices, vaccinations, etc.) of production were the same for groups A (control) and B (treatment). The only difference was the feed forms. The nutritional values of the two forms of the feed were the same for consistent and non- discriminatory results. This was achieved through the following process. The formulated feed was dived into two, one was bagged as mash and the other was pelleted, then crumbled and was also bagged appropriately. The feeds used for the experiment were supplied by AGRICARE LIMITED. Laboratory analysis of the two forms of feed were carried out by three different laboratories and the results showed that the nutritional values of the feed forms were the same. Brooding was done for ten days. The brooding period is one of the key production management phases during which 34 the young birds need extra attention and care for survival. The birds were given glucose for the first two days of their lives and were provided with heat to keep them warm. The birds were put under two phase feeding regimes, the starter and the finisher. Ad libitum feeding programme was adopted. This is the process where feed was made available at all times with the quantity and frequency of consumption being the free choice of the animal, without restrain. Broiler performance was recorded for six weeks through well-designed data collection sheets to gather extensively varied data regarding the performance of the birds for better understanding of the influences of the factor (crumbled feed) under evaluation for its contribution to cost reduction in broiler production. The performance measurements were in terms of daily feed consumption, weekly live weight, drugs administered and mortality. Every dead bird was taken to the laboratory for analysis to determine the cause of death. Drinker troughs were washed every morning before water was given to the birds. Feeders were also cleaned every morning before providing birds with feed. The pens were cleaned every morning and dead birds were not kept on the farm. The environment and the surroundings of the farm were kept clean. There were three-foot baths on the farm for biosecurity purposes, one of which was put at the entrance of the pen where the experiment was carried out. These were all done to ensure optimum hygienic conditions for the birds. Vitamins and drugs were administered to the birds following the recommended practices. We had daily tally cards nailed to the post of each pen to keep record of every activity carried out as well as all the occurrences in each pen. The performance indicators included feed conversion ratio (FCR), weekly body weight and the final live weight of the birds. The average live weight of birds under both groups, weekly feed and water intake were consolidated from the daily consumption of the birds. In addition, weekly feed waste in both the control and treatment groups were measured. Quantity of feed given to the birds 35 everyday was weighed and values recorded per pen. The final average feed quantity consumed by each bird in each group was determined. The number of man-days utilised was accounted for. All these parameters measured were converted into monetary terms for costs and return estimations in addition to parameters which are already measurement in monetary terms, such as medication cost and veterinary service charges. The average weights of the birds were measured weekly as follows: Empty weighing baskets were weighed first. All the birds were then put in the weighing basket then put on the weighing scale and readings recorded. The reading was divided by the number of birds in the replication alive at the time of weighing to find the average weight for the replication. This was repeated for all the replications for the six weeks of the experiment. These parameters were same for both control and the treatment group. 1. Feeding system 2. Watering system 3. Heat 4. Time of feeding 5. Number of time feeding is done 6. Medication 7. Veterinary services 8. Labour hours 9. Heat 36 The control group’s specific parameter was mash feed and the treatment group’s specific parameter was crumbled feed. The measurement parameters the experiment focused on were the following: Labour was measured by recording the log in and log out time of the farm hands. The monetary values of inputs were then summed up to determine the total cost of production. The same labour was used for the two treatments. It must however be noted that the feed formulation and ingredient in the feeds for the mash and crumbled feed are the same. The feed is packaged in 50Kg bags each. 3.4 Method of Analysis The study adopted descriptive statistics in the form of means and standard deviations, to describe the outcomes of the experiment under the control and the treatment groups. T-test will be carried out to test for the significance of the mean values obtained from the experiment. The t-tests will be conducted at 0.1 level of confidence. The results of the t-tests will inform the next steps of the analysis, which analysis to be carried out should the mean differences of the controlled and the treatment groups are not significantly different. Statistical Package for Social Sciences (SPSS) and Microsoft excel software were used to analyse the data collected. Sensitivity analysis was also carried out to test for the variation that are likely to occur in the total cost of production when the prices of the crumbled feed vary and how it affects return on investment. 3.4.1 Effects of Crumbled Feed on Broiler Production Indicators To assess the effects of the proposed technology on broiler production, the outcomes of the experiment were presented by means, percentages and also in the form of graphs. The t-test was carried out to establish whether there are significant differences between the means of the 37 controlled and treatment groups of the various parameters measured. The following hypotheses were formulated and tested to determine whether there were significant differences between the means: i. H0: There is no difference in the mean weekly body weight of the control and the treatment groups. H1: The mean weekly body weight of the control groups is lower than that of the treatment group. ii. H0: There is no difference in the mean weekly feed consumption of the control and the treatment groups. H1: The mean weekly feed consumption of the control groups is lower than that of the treatment group. H0: The mean weekly bird mortality of the control and the treatment groups are not different. H1: The mean weekly bird mortality of the control groups is higher than that of the treatment group. H0: The mean weekly aggregate Feed Conversion Ratio (FCR) of the control and the treatment groups are not different. H1: The mean weekly aggregate Feed Conversion Ratio (FCR) of the control and the treatment groups are different, higher for the treatment group and lower for the control group. 38 A simple t-test was used to test for the differences in mean value of the average body weight, average feed consumption, weekly aggregate feed conversion ratio (FCR) and average mortality of birds in control and treatment groups of broiler production under the experiment. The value of the test statistic for X1 – X2 was computed as: [(𝑥1−𝑥2)−(𝑢1−𝑢2)]𝑡𝑐𝑜𝑚𝑝𝑢𝑡𝑒𝑑 = (3.1) 𝑆𝑝 1 1 √ + 𝑛1 𝑛2 (𝑛1−1)𝑠 2 1 +(𝑛2−1)𝑠 2 𝑆𝑝 = √ 2 (3.2) 𝑛1+𝑛2−2 where, 𝑛1and 𝑛2 = Sample size of the control and the treatment groups. x1 = Sample means of average body weight, average feed consumption, average stock density, weekly aggregate feed conversion ratio (FCR) and average mortality of the control group. x2 = Sample means of average body weight, average feed consumption, average stock density, weekly aggregate feed conversion ratio (FCR) and average mortality of the treatment group. s1 = Sample standard deviation of average body weight, average feed consumption, average stock density, weekly aggregate feed conversion ratio (FCR) and average mortality of the control group. s2 = Sample standard deviation of average body weight, average feed consumption, average stock density, weekly aggregate feed conversion ratio (FCR) and average mortality of the treatment group. 39 u1 = Population means of average body weight, average feed consumption, average stock density, weekly aggregate feed conversion ratio (FCR) and average mortality of the control group. u2 = Population means of average body weight, average feed consumption, average stock density, weekly aggregate feed conversion ratio (FCR) and average mortality of the treatment group. In the evaluation process of a technology (crumbled feed in this study) to be recommended for farmers’ (broiler producers) adoption, test for significance is carried out at 10% confidence levels. When this test shows significant differences in the means, it will be an indication that the technology’s contribution is in the returns it is bringing the farmer however, if the proposed technology shows no significant differences between the means, the technology will not be rejected outright. It however means that the contribution of such technology is in the cost saved. The next step then is to carry out a minimum cost analysis to determine whether the technology offers the lowest cost or a lower cost option of operation (Anandajayasekeram, et al., 2004). 3.4.2 Minimum Cost Analysis To carry out the minimum cost analysis, the first step was the estimation of the total cost of the control and the treatments given that: TC = FC + VC (3.3) where TC is the Total Cost, VC is the Variable Cost and FC is the fixed cost. Table 3.1: Illustration the minimum cost estimation process Budget components Control Group Treatment Group Fixed cost elements Total fixed cost (Cfc) Total fixed cost (Cft) Variable cost elements Total variable cost (Cvc) Total variable cost (Cvt) Total cost A = Cfc + Cvc B = Cft + Cvt Source: Adapted from Anandajayasekeram et al. 2004. 40 The fixed cost for the controlled group (Cfc) is different from the fixed cost of the treatment group (Cft). The total fixed cost of the experiment was divided into two equal parts for the groups and the allocation to each group is less the salvage value, divided by the lifespan the assets in years. The value obtained is further divided by the output to determine the contribution each unit of the output is making towards the recovery of the fixed cost. In carrying out the minimum cost analysis, the following procedure was adopted: 1. Identify and write down all the inputs that differ across treatments, the feeds (crumbled feed for the treatment group and mash feed for the controlled group) 2. Quantify the level of input in each treatment and then 3. Estimate the price of inputs. The cost of the input to the farmer on the field is always higher than its price on the market. Monetary Field Price = Purchased Price + Marketing Cost. The minimum cost analysis involved the computation of the total costs of the various groups A and B by compiling and summing up the values of the components of the variable and fixed costs. The group that offered the lower option of production cost was selected for further analysis. Decision rule: If A > B then further analysis will be carried out on the treatment group. and if A < B then then further analysis will be carried out on the control group. We may also need additional investments in the design of new feeders, increasing the number of drinkers. This also includes yearly fixed costs of depreciation, repairs and maintenance. However, if changes can be made without additional investment required, additional cost as a result of the change is zero. Total reduced income and total additional costs have the same negative effect on farm business net income. Table 3.2 outlines the format of a partial budget. 41 3.4.3 Sensitivity Analysis of the Total (TC) The sensitivity analysis followed a minimum cost analysis carried out to test whether the contributions of the crumbled feed is worth further economic analysis. It was performed to understand the extent to which the risk associated with use of the crumbled feed will influence its financial acceptability due to market price variations. The sensitivity analysis was also carried out to assess the behaviour of the total cost of production due to increase in the price of the crumbled feed. It tests the ability of the crumbled feed recommended to farmers to stand the influence of its own price variation on the market. To successfully implement the sensitivity analysis, we first have to conduct the minimum cost analysis and then determine the contribution of crumbled feed to lowering cost of production. The technique appropriate for the analysis of changing an input in farm operations is partial budgeting (Horton, 1982). The sensitivity analysis is then conducted from the total variable cost of operating the farm using the proposed technology with the minimum cost of operation. The sensitivity was performed by assigning arbitrary values to the new prices of the crumbled feed and the total cost of production is then computed to determine how it varies per the degree of increase in the price of crumbled feed. The following are the steps involved in carrying out successfully a sensitivity analysis: 1. Construct and perform a marginal analysis with the most likely price 2. Repeat the analysis with a range of prices - normally one price that is lower than most likely price and another which is higher than the most likely price and 3. Compare the results against the minimum acceptable rate of return. 42 Table 3.2: Sensitivity Analysis for Crumbled Feed Control Treatment Average yield (kg/bird) W Y Revenue at market price Z R Cost of mash feed E - Cost of crumbled feed - V Other costs associated with crumbled feed use F K Total cost of feed G XX Net revenue (Z-G) (R-XX) Source: Adapted from Anandajayasekeram (2004). MRR (switching from mash to crumbled) = (((R-XX)- (Z-G))*100)/(XX-G)) (3.4) If MRR (switching from mash to crumbled) > MARR (Minimum acceptable rate of return for cash investment) then the technology is accepted. The minimum acceptable rate of return (MARR) was determined by estimating the average interest charges applicable to the agriculture industry in Ghana, 32.1% as of July 1st, 2017 (Banks interest rates, July 2017). 3.4.4 Competitiveness of Broiler Production Under the Experiment A comparative cost-price analysis was done to check the conditions of the broiler business when they are to sell at the minimum prevailing market price of imported chicken. Finally, Marginal Value Product (MVP) of broiler was determined with respect to the limited resources situation to check the relationship between the unit contribution of the crumbled feed and its unit price. The MVP is the market value of the output obtained as a result of an additional unit of input. It calculated by finding the product of the marginal product and the unit market price of the additional output. It is also called marginal revenue product. Estimation of the competitiveness of broiler production was achieved using the following mathematical model: 43 Pmb = Av.C + M (3.5) or Pmb > TC (3.6) where Pmb is the market price of the broiler meat, Av.C is the average cost of production and M is the margin of the producer The fact that the cost of an input to the broiler producer on his or her farm is higher than the market price of the input was taken into account while estimating the total cost of production. Using prevailing / market price of the broiler meat implies that processing and marketing costs must be included in the total cost of production to fully account for the cost of production to get the product to the market. The cost of cold storage was included in the total of production because the product was kept in cold room before delivery to clienteles. There may be the temptation to reject the crumbled feed use on the basis that it fails to make the broiler business more competitive on the domestic market should Pmb < AvC. However, a further analysis such as MVPcrumbled feed (Marginal Value Product of the crumbled feed) tells a better story about the performance of the technology. MVPcrumbled feed (Marginal Value Product of broiler) is a powerful supplementary analysis of cost competitiveness of broiler production using crumbled feed. 𝑀𝑉𝑃𝑏𝑟𝑜𝑖𝑙𝑒𝑟 = 1 (3.7) 𝑃𝑏𝑟𝑜𝑖𝑙𝑒𝑟∗𝑀𝑃𝑏𝑟𝑜𝑖𝑙𝑒𝑟 𝑀𝑉𝑃𝑏𝑟𝑜𝑖𝑙𝑒𝑟 = 𝑀𝑃𝑏𝑟𝑜𝑖𝑙𝑒𝑟 ∗ 𝑃𝑏𝑟𝑜𝑖𝑙𝑒𝑟 (3.8) 44 Where: 𝑀𝑉𝑃𝑏𝑟𝑜𝑖𝑙𝑒𝑟 is the Marginal Value Product of broiler. 𝑀𝑃𝑏𝑟𝑜𝑖𝑙𝑒𝑟 is the Marginal Product of broiler meat. 𝑃 𝑏𝑟𝑜𝑖𝑙𝑒𝑟 the Price of broiler meat. Broiler production in Ghana is characterised by high cost of production. 𝑴𝑽𝑷𝒃𝒓𝒐𝒊𝒍𝒆𝒓 > 𝟏. (3.9) 𝑷𝒄𝒓𝒖𝒎𝒃𝒍𝒆𝒅 𝒇𝒆𝒆𝒅 When the ratio of the marginal value product of the broiler meat is greater than the price of the crumbled feed, it means the adoption of the crumbled feed is economically viable. 𝑷𝒄𝒓𝒖𝒎𝒃𝒍𝒆𝒅 𝒇𝒆𝒆𝒅 is the price of the crumbled feed. The feed conversion ratio (FCR) is an indication of how efficiently the birds converted the feed consumed into body mass. It is computed by dividing the actual quantity of feed consumed by birds by the weight gained. 𝑄𝑈𝐴𝑁𝑇𝐼𝑇𝑌 𝑂𝐹 𝐹𝐸𝐸𝐷 𝐶𝑂𝑁𝑆𝑈𝑀𝐸𝐷 (𝐾𝐺) 𝐹𝐶𝑅 = (3.10) 𝑊𝐸𝐼𝐺𝐻𝑇 𝐺𝐴𝐼𝑁𝐸𝐷 (𝐾𝐺) (Arbor Acres Broiler Management Handbook, 2014). 3.5 Data and Study Area Data for the study was collected from a farmer managed economic experiment during which broiler birds were raised for six weeks under the settings of commercial broiler production for accurate data to be obtained to meet the demands of the study. Data collection tools were designed to facilitate the collection of data on all farm activities. Records were kept on all costs elements the market price of the matured birds per weight. 45 This study used the combination of field experiment data and production cost and prices of inputs and output. The output prices were collected by interviewing chop bar operators and retailers of frozen chicken at the Madina market. The experiment was managed by a poultry production manager assisted by a veterinary officer, the researcher and a skilled farm hand from AMASS FARMS. Oyarifa is a small town in the Ga Esat Municipal Assembly. Its population is diverse with varied occupation. The geographical Coordinates of Oyarifa are: 5°46′14″N 0°10′50″W and (72 m) above sea level. The Ga East Municipal Assembly is situated at the north-West part of Greater Accra Region. Its total land area is ninety-six squared kilometres (96 sq Km). The assembly shares border in the West with the Ga West Municipal Assembly (GWMA), on the east with the La-Kkwantanang Municipal Assembly (LaNMA), the south with Accra Metropolitan Assembly (AMA) and finally in the north with the Akwapim South District Assembly. The Municipality was established by Legislative Instrument (L.I) 1864. Per the population and housing census carried in 2010, the district is home to 147,742 with 72,987 males and 74,755 females. Abokobi is its district capital. AMASS Farms was established in 1996 with a few layers in one of the communities of Oyarifa known as Special Ice owing its name to the Special Ice water company located in the community. From 1998, AMASS Farms started the production of broilers production in 2000. 46 CHAPTER FOUR RESULTS AND DISCUSSIONS 4.1 Introduction The focus of this chapter is the presentation of results and discussion of the study. It comprises the outcome of the experiment and the t-statistics testing for significant differences among the means of the parameters of interest measured under the control and the treatment groups. It also includes the minimum cost estimation, sensitivity analysis marginal analysis, average cost estimate, marginal value product, and the estimate of cost competitiveness. 4.2 Summary of the Outcome of the Experiment A field experiment was conducted where 294 Day Old Chick were reared for 6 weeks using mash and crumbled feed. The performance of the control group under the experiment conducted in terms of live weight and weight gain shows that prior to the experiment, the day-old-chicks’ average weight was 43.200 g. At the end of week one, the average live weight of the birds was 0.156 Kg, 0.399 Kg for week two, 0.694 Kg for week three, 1.109 Kg for week four, 1.504 Kg for week five and 1.967 Kg for week six. The weekly live weight gain under mash feed (control group) followed an increasing pattern. At the end of week one, the average live weight gain was 0.113 Kg. However, at the end of the second week, the live weight gain more than doubled to 0.243 Kg. The weight gain during the third week registered a 51 g additional weight gain to 0.294 Kg. During week three, the performance was really poor for the control group. Week four recorded a live weight gain of 0.416 Kg while the fifth week recorded the poorest performance of 0.395 Kg, which is a decrease in performance. An increase in the live weight gain to 0.463 Kg was recorded for the last week. Comparative to the results obtained by (Pirzado et al., 2015), the birds of control group 47 of the present experiment performed better, yielding 1.967 Kg against 1.885 Kg as presented in Table 4.1. Table 4.1: Weekly Live Weight and Weight Gained under the Control Group WEEKS Weekly live body Standard Weekly live Standard Percentage of weight under Deviation weight gain under Deviation weight gain mash feed (Kg) mash feed (Kg) (control) (Kg) (control) (Kg) WEEK 0 0.043 0.001 0.043 0.001 - WEEK 1 0.156 0.016 0.113 0.017 0.072 WEEK 2 0.399 0.013 0.243 0.022 0.061 WEEK 3 0.694 0.010 0.295 0.057 0.042 WEEK 4 1.109 0.020 0.416 0.024 0.037 WEEK 5 1.504 0.075 0.395 0.062 0.026 WEEK 6 1.967 0.103 0.463 0.048 0.024 Source: experimental/agronomic data, 2017./Appendix 6 For the treatment group (the birds fed with crumbled feed), the day-old-chick weight was 40.530 g while week one, two and three recorded respective weights of 165.230 g, 431.070 g and 747.520 g. Week four recorded 1184.650g, 1645.760 g in week five and 2311.700 g in week six. At the end of week one, live body weight was 124.700 g followed by 265.840 g, 316.45 g and 437.130 g respectively for weeks two, three and four. For the treatment group, week five recorded a poor performance of 461.110 g however, the last week saw a significant increment to 665.940 g in live weight. The birds fed with the crumbled feed (treatment group) of the present experiment performed better with a weight of 2311.700 g against 2080.700 g as reported by (Pirzado et al., (2015). The percentage of weight gain described the weight gain pattern of the control group (Table 48 4.2). the difference in the weight of the DOCs (Day-Old-Chicks) cannot be explained by the study. It was the recorded values after the birds were randomly divided in the various pens. Table 4.2: Weekly weight gain of the treatment group WEEKS Weekly live body Standard Weekly live weight Standard Percentage of weight of the Deviation gain of the Deviation weight gain treatment (Kg) (Kg) treatment (Kg) (Kg) WEEK 0 0.041 0.001 - 0.001 0.000 WEEK 1 0.165 0.009 0.125 0.007 0.075 WEEK 2 0.431 0.008 0.266 0.016 0.062 WEEK 3 0.748 0.019 0.316 0.018 0.042 WEEK 4 1.185 0.061 0.437 0.051 0.037 WEEK 5 1.646 0.069 0.461 0.021 0.028 WEEK 6 2.312 0.244 0.666 0.180 0.029 Source: experimental/agronomic data, 2017.Appendix 6 The comparison of the weekly live weight of the control and the treatment (Table 4.3) shows the performance of the treatment group vis-à-vis the control group. Though the mash feed had a head at day-old-chick age, the live weights for the treatment group (birds fed with crumbled feed) throughout the six weeks were better than those of the control group (birds fed with mash feed). The weekly live weight differences of the two groups followed the same pattern; giving a head start to the control group. However, the treatment group led the chart at the end of the first week through to the end of sixth week. The differences in weight gain between the treatment and control groups were 9.170 g for week one and 31.920 g, 55.740 g, 75.190 g, 141.420 g, and 344.100 g for weeks two, three, four, five and six respectively. 49 The agronomic data from the experiment carried out revealed differences in the weight gained by the birds at the end of the six weeks. The final average live weight of the birds fed with mash feed was 1.968 kg against 2.312 kg for the birds fed with crumbled feed. The difference in final live weight of bird was determined to be 0.344 kg at the end of the six weeks of the experiment (Table 4.3). this difference was not significantly different at 90% confidence interval. The sample size of controlled and the treatment groups 147 birds each. Table 4.3: Weekly live weight WEEKS Weekly live weight for Weekly live weight for Weekly differences in Mash (g) crumbled (g) live weight (g) WEEK 0 43.200 40.533 -2.667 WEEK 1 156.067 165.233 9.167 WEEK 2 399.153 431.070 31.917 WEEK 3 693.777 747.520 53.743 WEEK 4 1109.465 1184.653 75.188 WEEK 5 1504.347 1645.763 141.417 WEEK 6 1967.607 2311.704 344.097 Source: experimental/agronomic data, 2017./Appendix 6 The birds of both groups (control and treatment) consumed the same quantity of feed. Having consumed the same quantity of feed and yielding different weight gain is somewhat beyond the economics and could only be explained by the animal scientists for scientific appreciation of the technology’s performance being complemented by the economic analysis. Variations in the live weight gain by the control and treatment groups are outlined in. 50 The feed conversion ratio (FCR) for the controlled group was 2.060 and for the treatment group was 1.750. This means that in the treatment group, the birds fed with crumbled feed performed better in terms of feed conversion than birds in the controlled group (Table 4.5). Table 4.4: Feed conversion ratio of control and treatment groups Control group Treatment group Feed Conversion Ratio (FCR) 2.060 1.750 Source: experimental/agronomic data, 2017/Appendix 4 The feed conversion ratio (FCR) is an indication of how efficiently the birds converted the feed consumed into body mass. The lower the FCR value the better the performance of the birds, meaning the birds of the treatment group consumed 1.750 kg of feed to produce 1.000 kg of live weight bird and the control group consumed 2.060 kg of feed to produce 1.000 kg of live weight bird. The crumbled feed birds, the treatment group, had a better FCR. This outcome on feed conversion ratio is in line with (Samarasinghe & Lanka, (2012). The t-test results revealed that none of the influential parameters of interest listed in Table 4.5 tested for both the control and the treatment groups showed significant statistical differences in their means except for the feed conversion ratio (FCR) which was significant at 10% for replication one (REP1), (P < 0.061) and replication three REP3, (P < 0.095). This implies that the treatment group for replication one and replication three had better feed conversion ratio (FCR) than the control groups of the same replications one and three. The negative sign is telling the direction of the values. Almost all experimental research carried out on the performance of broiler production with respect to crumbled feed reported significant differences among the mean values of parameters such as 51 weight gain and feed conversion ratio (Dozier et al., 2010; Zohair et al., (2012); Arbor Acres Broiler Management Handbook, 2014.). It was observed during the feeding process over the six weeks that the fine particles in the crumbled feed were more than thirty percent (30%) of the total quantity. Literature reports that the presence of fine particles in the crumbled or pelleted feed reduces the performance of the broiler birds (Neves et al., 2014). It could also be that the poor health and/or physiological conditions of the day-old chicks could have impeded the exhibition of their full genetic potential. This is the reality farmers face every now and then. Table 4.5: Results of t-test Mean Standard Sample t- P- values Deviation size statistics values BODY WEIGHT OF THE BIRD REP 1 1.003 0.730 98 -0.342 0.739 BODY WEIGHT OF THE BIRD REP 2 0.979 0.708 98 -0.176 0.864 BODY WEIGHT OF THE BIRD REP 3 0.932 0.625 98 -0.227 0.825 AGGREGATE_LIVE_WGHT 0.971 0.687 294 -0.253 0.805 AGGREGATE_WGHT_GAINED 0.320 0.130 294 -0.621 0.548 MORTALITY_P1MSH1 0.500 0.836 98 0.877 0.401 MORTALITY_P16MSH3 0.167 0.408 98 0.000 1.000 MORTALITY_P23MSH2 0.500 0.836 98 -0.222 0.828 REP1_ FCR 1.575 0.387 98 -2.112* 0.061 REP2_ FCR 1.767 0.416 98 -0.391 0.704 REP3_ FCR 1.538 0.289 98 -1.844* 0.095 AGGREGATE FINAL FCR 1.671 0.356 294 -1.343 0.209 Source: experimental/agronomic data, 2017/Appendix 4 52 Anandajayasekeram, (2014) noted that in the traditional settings of research by scientists such us biologists and agronomists, technologies or innovations are rejected after they have failed to pass the t-statistical test at one, five and ten percent (0.010, 0.050 and 0.100) confidence levels. The technology is not considered further. Farm businesses that adopt technologies and innovations evaluate them in a different manner, they do not limit themselves to the science. Instead, they combine it with the business to improve. The business evaluates technology based on its objectives to increase revenue or to reduce cost. When the mean output of a technology is significantly different from an existing one it is being compared to, it means the contribution of the technology is directly related to business returns. However, when the t-statistics reveals no significant difference between the means of what the farmer is already obtaining and what the technology or the innovation is contributing, it means it is likely that the contribution of the technology is in a form different from returns or it is making no contribution at all. It could be in cost reduction, savings, or better still, it could be in quality improvement. The improvement could also be in longer storability characteristics, meeting the preference of market and more. Among all the variables tested for, the feed conversion ratio (FCR) for replications one (REP 1) and two (REP 2) were significantly different, however, FCR for replication three was not significantly different. Further analysis is therefore required and this is critical in deciding whether to reject the technology or to recommend it to businesses and farmers (Anandajayasekeram, 2014). 4.3 Minimum Cost Analysis Based on the results of the minimum cost analysis, it is clear that the treatment group has a lower cost of production as a result of the better weight gain by the birds though the mean differences were not significant statistically. Under the controlled group, the total cost of production of a 53 kilogram live weight of broiler is GHS 7.134 while under the treatment group we can produce a heavier bird of average live weight of 2.312 kg at a cost of GHS 6.101 per kilogram of live weight (Table 4.7). Having observed from the minimum cost analysis that the crumbled feed offered the better production frontier, the crumbled feed technology qualifies to be considered for further analysis. Table 4.6: Total cost of production Production cost components Cost under mash feed Cost under crumbled feed (control group) per kg of (treatment group) per kg of live weight produced live weight produced Fixed Cost per kg of Bird 0.128 0.109 Feed Cost per kg of bird produced 4.262 3.642 Labour Cost per kg of bird produced 0.342 0.291 DOCs (Day-Old-Chicks) 1.779 1.514 Cost of drug, vitamins, glucose 0.216 0.184 Transportation 0.091 0.078 bedding materials & Water 0.078 0.066 Technical assistance 0.100 0.100 Electricity 0.137 0.117 Veterinary service charges 0.120 0.081 Total Cost Production 7.134 6.101 Source: experimental/agronomic data The next further analysis to be carried out is the partial budget analysis. The partial budget technique was employed to measure the net contribution of a change in the farm business with 54 respect to cost reduction when the technology of crumbled feed is adopted in broiler production (Table 4.8). From the partial budget analysis, as a broiler producer changed from mash feed to using crumbled feed, the broiler business made an additional gain of GHS 25.432 while reduced income was to the tune of GHS 21.648 per bird. Additional and reduced costs were GHS 7.875 and GHS 7.855 respectively per bird. Table 4.7: Partial budget analysis of crumbled feed net contribution Revenue added Value (GHS) Sacrificed gain Value (GHS) Birds sold under crumbled Birds sold under mash feed feed 2.312*11 25.430 1.968*11 21.640 Sum of the additional 25.432 Sum of the reduced gain 21.648 income Saved costs Value (GHS) Added costs Value (GHS) Mash feed Crumbled feed 7.850 7.870 Sum of the reduced costs 7.850 Sum of the additional costs 7.870 Total 33.280 29.520 Net gain per bird 3.764 Net gain per Kg 1.630 Source: experimental/agronomic data, 2017. Appendix 6 and 7 The net contribution due to crumbled feed was GHS 3.764 per live bird produced. Therefore, on a kilogram basis, GHS 1.629 was obtained as net contribution of crumbled feed to the farm business. 55 Yield from experimental work carried out to test for the viability of a technology are always different from the actual yield farm businesses achieved after adopting. 4.4 Sensitivity of Total Cost to Increasing Price of Crumbled Feed and its effects on ROI The minimum acceptable rate of return (MARR) was determined by estimating the average interest charges applicable to the agriculture industry in Ghana, 32.100% as of July 1st, 2017 (Appendix 2), therefore the minimum acceptable rate of return (MARR) was to be 32.100% for broiler production businesses in Ghana. This is the prevailing rate at the time the experiment was conducted. Table 4.8: Marginal rate of return of crumbled feed switching from mash to feed Control Treatment Average yield (kg/bird) 1.967 2.312 Revenue at GHS 11.00 per kg of meat 21.637 25.432 Add cost by switching from mash to crumbled feed - 0 Added cost associated with crumbled feed use - 1.439 Total cost that vary due to moving from mash to - 1.439 crumbled feed Net Benefit 21.637 23.993 Source: experimental/agronomic data and field interview on price information, 2017. The higher net benefit obtained for the treatment group was as a result of the better weight gained by the birds of the treatment group, generating a net benefit of GHS 23.990 while the control group generated a net benefit of GHS 21.637. 56 Results showed that MRR (switching from mash to crumbled) is 241.892% and MARR is 32.100%. Adoption of the crumbled feed is stable because 241.892% > 32.100%. Soha, (2014) arrived at the same conclusion evaluating sorghum farms and obtaining (MRR) > (MARR). When the market price of the crumbled feed increases by 5, 15, and 30% what then will happen to the broiler production farm business? Or, what will be the stability of the broiler production business? Table 4.9: Sensitivity of the of total cost to price variation of crumbled feed using marginal rate of return analysis Control Treatment 5% 15% 30% increase increase increase Average yield (kg/bird) 1.967 2.312 2.312 2.312 2.312 Gross revenue at GHS 11.00 per kg 21.637 25.432 25.432 25.432 25.432 Addition in cost due to price change - 0 0.409 1.227 2.455 of crumbled feed Other cost associated with crumbled - 1.110 1.110 1.110 1.110 feed use Total cost that vary due to moving - 1.110 1.519 2.337 3.565 from mash to crumbled feed Net Benefit 21.637 24.322 23.913 23.095 21.867 Source: Experimental/agronomic data, 2017. From the marginal analysis, the additional costs due to the increment in the price of the crumbled feed were computed (row named Total cost that vary due to moving from mash to crumbled feed in table 4.10). The new total cost of production was computed (Table 11) showing how the total costs varied accordingly with respect to the percentage increase in the price of the crumbled feed. 57 The trend of price variation was informed by the likelihood of inputs’ prices to go up. Therefore, the study used this as a basis to opt for more of price increase rather than balancing it with equal cases of decrease in price. Table 4.10: New total cost as a result of crumbled feed price variations Control Treatment 5% 5% 15% 30% decrease increase increase increase Total cost that vary due to moving 0 1.110 0.701 1.519 2.337 3.565 from mash to crumbled feed Total Cost Production before 6.800 5.810 - - - - increment Net Benefit 21.637 25.432 25.432 25.432 25.432 25.432 New total Cost Production 13.370 13.440 14.140 14.960 15.780 17.010 Source: experimental/agronomic data, 2017. The effects of increase in the price of crumbled feed, is directly observed in the new total cost of the trend of production. A 5% increase in the price of crumbled feed results in the addition of GHS 1.520 which pushes the total cost of production to GHS 14.960. A 15% increase adds GHS 2.340 to the cost of feed to produce one bird which pushes the total cost to GHS 15.780. A 30% increase leads to a total cost of production to assume a new value of GHS 17.01 (Table 4.12). 58 Table 4.11: Return on investment analysis showing how feed price variations affect the ROI Control Treatment 5% 5% 15% 30% decrease increase increase increase Farm benefit 21.637 25.432 25.432 25.432 25.432 25.432 New cost due to price 13.370 13.440 14.140 14.960 15.780 17.010 increase of crumbled feed ROI (Rate on investment) 1.620 1.890 1.790 1.700 1.610 1.490 % ∆ in total cost due to P - 0 -3.043 3.043 9.132 18.266 ∆ of crumbled feed Source: experimental/agronomic data, 2017. The return on investment analysis provided a clearer understanding of the implication of the variations in the price of the crumbled feed. A gradual decrease was observed in the return on investment (ROI) with respect to increase in crumbled feed price. The increase in price of the crumbled feed to 5%, 15% and 30% resulted in decrements in return on investment by 1.7, 1.61 and 1.49 respectively. When the price of the crumbled feed decreases by 5%, the total cost also decreases by 3.04% when the price increase by 5%, 15% and 30% the total cost of production increase by 3.040%, 9.130% and 18.270% respectively. 4.5 Competitiveness of Broiler Produced Under the Experiment at the Prevailing Market Price Using the market price of the most competitive broiler meat on the Ghanaian market, the selling price of GHS 8.000 per kilogram was obtained from the Madina market by interviewing the cold store operators and the chop bar operators. Broiler production business in Ghana switching from the use of mash to crumbled feed resulted in a production cost that is equal to the market price of the imported chicken meat. The difference is shown as follows: GHS 8.000 < GHS 8.182 this is really a great indication that the Ghanaian poultry industry can sustainably transform and grow 59 with great economic impact. The producer will then have to reduce further his total cost of production by GHS 0.182 to be able to sell at this competitive price with zero margin for the business. The purpose of business is to make profit so if the current cost of production does not allow for profit, further means of reducing production costs must be explored or getting increased output out of the same level of inputs. Table 4.12: Production budget from rearing of birds through processing to market including Production cost components Cost under mash Cost under crumbled PCompetitive feed (GHS) feed (GHS) (GHS) Fixed Cost per kg of Bird 0.128 0.109 Feed Cost per kg of bird produced 4.262 3.642 Labour Cost per kg of bird produced 0.342 0.291 DOCs (Day-Old-Chicks) 1.779 1.514 Cost of drug, vitamins, glucose 0.216 0.184 Transportation 0.091 0.078 bedding materials & Water 0.078 0.066 Technical assistance 0.100 0.100 Veterinary service charges 0.100 0.100 Electricity 0.137 0.117 Processing cost 1.017 0.865 Marketing cost 1.000 1.000 Management 0.300 0.300 Total Cost Production 9.334 8.182 8 Source: experimental/agronomic data, 2017. PCompetitive is the Price of the most competitive broiler meat on the Ghanaian market. 60 However, when the broiler farmer produces with the mash feed, the relationship between his or her total production cost and the prevailing market price of the competitive imported chicken meat is as follow: GHS 8.000 < GHS 9.334. This means that per every kg of dressed broiler, this producer will have to further reduce the total cost of production by GHS 1.334 to be able to sell at the prevailing competitive market price with zero margin for his or her broiler production business (Table 4.12). Though the crumbled feed technology is not able to solely drive the price competitiveness of broiler production, it should not be rejected on this basis. It offers a better option compared to the existing one. Therefore, many other means of costs reduction should be explored to turn the broiler industry into a competitive one. One of the ways to reduce broiler production cost is to have the capacity to increase stock size. By increasing the stock size, the per unit cost of producing a bird or a kilogram of meat drastically reduces. This market price information was from cold store and chop bar operators in the Madina Market. The total production cost at this level included the transportation cost, processing cost and the marketing cost because the value of the output is measured against the prevailing market price. Therefore, production cost at this level must include transportation cost to convey the meat to the point of sale, processing cost and the marketing cost. The crumbled feed technology contributes to cost reduction in broiler production. It reduces the (average) cost of production to equal the market price of the most competitive broiler meat on the market, suggesting zero margin on investment. The use of crumbled feed led to savings in the cost of production of GHS 3.760 per live bird weight produced. 61 The Marginal Value Product (MVP) analysis was carried out to help to evaluate the contribution of the crumbled feed technology. Table 4.13: Marginal value product analysis of crumbled feed Price of 1 Kg Amount of meat produced by Price of 1Kg of of feed (GHS) 1 Kg of feed or MP (Kg) meat (GHS) Crumbled feed 2.022 0.571 8 1 MVP = ∗ 𝑃𝐶𝑓 4.571 𝐹𝐶𝑅 𝑴𝑽𝑷 𝒎𝒆𝒂𝒕 2.261 𝑷𝒄𝒓𝒖𝒎𝒃𝒍𝒆𝒅 𝒇𝒆𝒆𝒅 Source: experimental/agronomic data, 2017. 𝑴𝑽𝑷𝒄𝒓𝒖𝒎𝒃𝒍𝒆𝒅 𝒇𝒆𝒆𝒅 = 𝟐. 𝟐𝟔𝟏 > 𝟏. 𝑷𝒄𝒓𝒖𝒎𝒃𝒍𝒆𝒅 𝒇𝒆𝒆𝒅 The ratio of Marginal Value Product of crumbled feed to the unit price of crumbled feed was computed as 2.261 which means that the adoption of the crumbled feed is economically viable. 62 CHAPTER FIVE SUMMARY, CONCLUSIONS AND POLICY RECOMMENDATIONS 5.1 Introduction This chapter provides a summary of the major findings, the conclusions and then the policy recommendations of the study. 5.2 Summary of the Major Findings of the Study The objective of the study was to assess and evaluate the contributions of crumbled feed to reducing cost of production and to investigate its economic viability. The findings showed that the mean differences for the feed conversion ratios (FCRs) of replication one and three of the control and treatment groups were statistically significant at 0.100 percent confidence level. At the end of the six weeks of the experiment, the birds were harvested. Based on the feed conversion ratio, the cost of per unit weight of production, the treatment group (birds fed with crumbled feed) performed better than the controlled group (birds fed with mash feed) The final average live weight of the birds of the controlled group was 1.967 kg while the treatment group recorded 2.312 kg, outperforming the controlled group by a difference in mass of 0.344 kg. The feed conversion ratio (FCR) of the controlled group was 2.060 and 1.750 under the treatment group. It was clear from the minimum cost analysis that using the crumbled feed for producing broiler gave the lowest cost of production option. The crumbled feed (treatment group) cost option was GHS 6.100 to produce 2.312 kilograms of live weight bird. The mash feed (controlled group) cost of production option was GHS 7.130 to produce 1.967 kilograms of live weight bird. In the partial budget analysis estimating the net addition to the net income of a broiler business, the crumbled feed usage contributed an additional of GHS 3.764 to the business per bird produced 63 or GHS 1.629 per 1 kg of live weight of broiler produced. This contribution of GHS 3.764 per bird raised was considered cost saving achieved through the use of the crumbled feed in the experiment. The sensitivity analysis threw much light on how the total cost of production also varied with respect to the varied prices of the crumbled feed. The corresponding rates of return also provided much understanding on how return on investment was also affected as a result. A five percent (5%) increment in the price of feed led to a three percent increase in the total cost of production (Appendix three). The experimental broiler production was short by GHS 0.080 (eight Ghana pesewas) to be able to sell at the prevailing minimum market price of imported chicken with zero margin. This means that the crumbled feed has made tremendous contributions to the price competitiveness of broiler production in Ghana. However, there remains a lot more opportunities to be explored to bring down further the cost of production, and increase the value of production at a minimum possible cost frontier. 5.3 Conclusion This study therefore concludes based on its findings that the evaluation of the crumbled feed technology has made meaningfully contributions to cost reduction in broiler production. The crumbled feed has reduced the cost of production to equal the market price of the most competitive broiler meat on the market. Thus, at this point, the producer is making zero margin on investment. These contributions were however not enough to enable the broiler producer to sell at the prevailing competitive price of imported frozen chicken. There therefore remains the call to further explore other means of cost reduction to make broiler production more competitive. To supplement this outcome, the ratio of the unit marginal value product to the price of a unit of the crumbled feed was determined. The result obtained (2.216 >1) show that the crumbled feed makes significant 64 contribution to broiler production and must therefore be recommended for use by broiler farmers in the country. Birds of the treatment group performed better than those of the controlled group. The treatment group that fed the birds on crumbled feed, recorded additional weight gains of 0.344 kilograms. Also, the feed conversion ratio of 1.750 for the treatment group was better than the feed conversion ratio achieved by the controlled group. The use of crumbled feed therefore led to savings in total cost of production of GHS 3.760 per live weight bird produced. 5.4 Policy Recommendations Based on the conclusion of the study, the following policy recommendations are made for policy actions to be taken in order to influence the cost-effective production of broilers and set the Ghanaian broiler industry on a new direction towards competitiveness. The study recommends that the feed mill industry should carry out a sensitization program targeting to introduce crumbled feed to broiler producers in Ghana. Public Private Partnerships should be developed to support the replication of more of this demonstrations in other parts of the country to encourage the farmers through participation. There is a major cost incurred by the farmers after the birds have reached market weight as a result of them keeping the birds on their farms because the birds must be fed daily. This is an additional cost going into production with no return to be realised on it. Learning from this experiment, where all the birds were harvested after reaching the market weight, it is recommended that same should be adopted nationwide by broiler businesses to dress the birds into ready to use form for market segments such as fast foods vendors, hotels, restaurants, chop bars and khebab and grilling joints. 65 Government should develop and implement policies that are geared towards making the broiler industry a more integrated industry since it is directly linked to the maize and soybean sub-sectors and also to the feed mill industry. The Ghana National Poultry Farmers Association should collaborate with government to invest in researches that will come up with lower cost input options and techno-innovation options that will lead the poultry industry into a sustainably competitive level. Processing centres should be established at vantage points within the poultry-intensive zones of the country to boost cheaper poultry production for domestic consumption and probably for export in the near future. The sensitivity analysis conducted revealed that at the current economic condition, and at current prices of crumbled feed, the adoption of the crumbled feed technology by broiler producers in Ghana should be encouraged by Ghana Poultry Farmers Association. As a country prone to heavy price fluctuations of commodities, government should implement farmer business enterprise policies that will drive the development of self-sustaining maize and soybean sectors as a consistent support for the broiler industry. Other means of cost reduction to make broiler production more competitive are needed. 66 REFERENCES: Akunzule, A. N. (2014). livestock country reviews: Poultry sector , Ghana. D. O. Thieme (Ed.) (Version of). Alimi, T., & Alofe, C.O. (1992). 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Global Veterinaria. https://doi.org/10.5829/idosi.gv.2012.9.2.63156 73 Appendices 1: Data collection tools on the experiment CONTRIBUTION OF CRUMBLED FEED TO COST REDUCTION AND COMPETITIVENESS OF BROILER PRODUCTION DATA COLLECTION TOOL FOR THE CONTROL AND TREATMENT GROUPS Mash Crumbled_Wo (Normal water) DAY: DATE: Parameters MORNING MID-MORNING AFTERNOON MID-AFTERNOON EVENING Total Time: Time: Time: Time: Time: 1 Initial body weight 2 Number of time feeding is done per day 3 Time of feeding 4 Daily feed consumption 5 Daily body weight 6 Daily body weight gain 7 Daily water consumption 10 Number of time watering is done per day 11 Mortality of Day Old Chicks 12 Heat provision 13 Daily Feed wasted 14 Feeding system 15 Watering system Daily and weekly activities records sheet 74 CONTRIBUTION OF CRUMBLED FEED TO COST REDUCTION AND COMPETITIVENESS OF BROILER PRODUCTION DATA COLLECTION TOOL FOR THE CONTROL AND TREATMENT GROUPS Mash Crumbled_Wo (Normal water) WEEK: DATE: Parameters DAY 1 DAY 2 DAY 3 DAY 4 DAY 5 DAY 6 DAY 7 Total 1 Initial body weight 2 Weekly feed consumption 3 Weekly water consumption 4 Weekly body weight 5 Weekly weight gain 6 Mortality of DOCs 7 Weekly Feed wasted 8 Weekly feed wasted (% of the total feed) 9 Weekly FCR 10 Weekly water to feed ratio 11 12 13 Daily and weekly activities records sheet 75 CONTRIBUTION OF CRUMBLED FEED TO COST REDUCTION AND COMPETITIVENESS OF BROILER PRODUCTION DATA COLLECTION TOOL FOR THE CONTROL AND TREATMENT GROUPS Mash Crumbled_Wo (Normal water) FINAL (WHOLE PRODUCTION PERIOD) DATE: Parameters WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 Total 1 Initial body weight 2 Final feed consumption 3 Final water consumption 4 Final body weight (live weight) 5 Final weight gain 6 Final average FCR 7 Final water to feed ratio 8 Final feed wasted 9 Feed wasted (% of the total feed) 10 Mortality of DOCs 11 Slaughter weight 12 Dressing percentage 13 Breast muscle percentage 14 Hematological parameters 15 Biochemical parameters Daily and weekly activities records sheet 76 Appendix 2: Detailed bank charges applicable to industries in Ghana by individual banks Source: https://www.sikasem.org/banking-services/interest-rates-banks-ghana/banks-interest-rates-july-2017/ 77 Appendix 3: Detailed Estimation of Added Cost Due to Crumbled Feed Price Increase Cost increase stats due to crumbled feed price increase starter finisher increase/kg Consumption in kg cost/bird (GHS) starter finisher starter finisher 5% 5.35 5.15 0.107 0.103 1.959 2.013 0.416952 15% 16.05 15.45 0.321 0.309 1.959 2.013 1.250856 30% 32.1 30.9 0.642 0.618 1.959 2.013 2.501712 T-Test Estimation Values for the Feed Conversion Ratio 78 Appendix 4: Detailed results of the t-test Group Statistics Std. Std. Error Is it a control or treatment group? N Mean Deviation Mean What is the fcr for the six weeks Treatment 6 1.6711 .35638 .14549 Control 6 1.9450 .35028 .14300 Which week is this? Treatment 7 4.0000 2.16025 .81650 Control 7 4.0000 2.16025 .81650 What is the fcr for week 1 Treatment 6 1.5750 .28891 .11795 Control 6 1.9250 .28494 .11633 What is the fcr for week 2 Treatment 6 1.7667 .41659 .17007 Control 6 1.8450 .25967 .10601 What is the fcr for week 3 Treatment 6 1.5383 .38737 .15814 Control 6 2.0650 .58243 .23778 79 Appendix 4 Continued: T-Test Estimation Values for the Feed Conversion Ratio Independent Samples Test Levene's Test for Equality of Variances t-test for Equality of Means 95% Confidence Sig. (2- Mean Std. Error Interval of the F Sig. t df tailed) Difference Difference Lower Upper What is the fcr for the six weeks Equal .009 .927 -1.343 10 .209 -.27389 .20400 -.72844 .18066 variances Equal -1.343 9.997 .209 -.27389 .20400 -.72845 .18068 Which week is this? vEaqruiaanl ces 0.000 1.000 0.000 12 1.000 0.00000 1.15470 -2.51588 2.51588 variances Equal 0.000 12.000 1.000 0.00000 1.15470 -2.51588 2.51588 variances What is the fcr for week 1 nEoqtu al .041 .844 -2.113 10 .061 -.35000 .16566 -.71911 .01911 variances Equal -2.113 9.998 .061 -.35000 .16566 -.71912 .01912 variances What is the fcr for week 2 Equal 1.042 .331 -.391 10 .704 -.07833 .20041 -.52487 .36820 variances Equal -.391 8.376 .706 -.07833 .20041 -.53689 .38022 variances What is the fcr for week 3 Equal .541 .479 -1.844 10 .095 -.52667 .28557 -1.16295 .10961 variances Equal -1.844 8.700 .099 -.52667 .28557 -1.17608 .12274 variances not 80 Appendix 5: Feed Conversion Ratio Details FCR REP1 REP2 REP3 Aggregate Control 1.81 1.45 1.6 1.62 Treatment 1.29 1.03 1.04 1.12 Control 1.41 1.89 1.71 1.67 Treatment 1.37 1.5 1.48 1.45 Control 1.97 2.3 2.19 2.153333333 Treatment 1.73 1.9 2.1 1.91 Control 2.11 2.25 2.15 2.17 Treatment 1.79 1.81 2 1.866666667 Control 2.05 2.07 2.62 2.246666667 Treatment 2.01 2.11 2.15 2.09 Control 2.2 2.5 2.35 2.35 Treatment 2.01 2.02 2.15 2.06 Control 2.035 Final FCR Treatment 1.749444444 81 Appendix 6: Detailed information on feed consumption, feed cost, stock and live weight of birds for control and treatment group on daily basis FEED CONSUMPTION Feed Cost per Group Stock per Group Live weight of Birds per Group Per bird for Per bird for Treatment Days Mash Crumbled mash crumbled Control Treatment Control Treatment Control Group Group 0 600.0 600.0 0.004 0.004 0.01 0.01 147 147 43.20 40.53 1 1777.5 1777.5 0.01 0.01 0.03 0.03 147 147 56.67 54.93 2 3425.4 3425.4 0.02 0.02 0.05 0.05 147 146 67.87 73.87 3 5825.4 5825.4 0.04 0.04 0.09 0.09 145 145 82.67 86.13 4 9062.1 9062.1 0.06 0.06 0.13 0.13 145 144 101.20 102.00 5 13239.3 13239.3 0.09 0.09 0.20 0.20 145 143 111.33 120.20 6 17439.3 17439.3 0.12 0.12 0.26 0.26 145 143 129.07 136.40 7 22239.3 22239.3 0.15 0.16 0.33 0.33 144 143 156.07 165.23 8 27639.3 27639.3 0.19 0.19 0.41 0.41 143 143 190.79 203.21 9 33615.3 33631.3 0.24 0.24 0.50 0.50 143 143 225.52 241.19 10 40505.3 40531.3 0.28 0.28 0.61 0.61 143 143 260.25 279.16 11 49489.3 49527.3 0.35 0.35 0.74 0.74 143 143 294.97 317.14 12 58465.3 58489.3 0.41 0.41 0.87 0.88 143 143 329.70 355.12 13 68965.3 68989.3 0.48 0.48 1.03 1.03 143 143 364.43 393.09 14 76773.3 77797.3 0.54 0.54 1.15 1.16 143 143 399.15 431.07 15 88581.3 89605.3 0.62 0.63 1.33 1.34 143 143 433.88 469.05 16 100389.3 101413.3 0.70 0.71 1.50 1.52 143 143 468.61 507.02 17 110697.3 111721.3 0.77 0.79 1.66 1.68 143 142 503.33 545.00 18 121305.3 122329.3 0.85 0.86 1.82 1.84 143 142 550.94 595.63 19 133113.3 134137.3 0.93 0.95 1.99 2.04 143 141 598.55 646.26 20 148221.3 149245.3 1.04 1.06 2.22 2.27 143 141 646.16 696.89 82 21 161529.3 162553.3 1.13 1.15 2.42 2.47 143 141 693.78 747.52 22 176337.3 177361.3 1.23 1.26 2.64 2.69 143 141 741.39 798.15 23 194145.3 193669.3 1.36 1.37 2.91 2.94 143 141 789.00 848.79 24 210453.3 208477.3 1.47 1.48 3.15 3.16 143 141 836.63 899.42 25 226761.3 222285.3 1.59 1.58 3.39 3.37 143 141 904.84 970.73 26 242069.3 238093.3 1.69 1.69 3.62 3.61 143 141 973.05 1042.04 27 260877.3 257401.3 1.82 1.83 3.90 3.91 143 141 1041.26 1113.35 28 279685.3 276209.3 1.96 1.96 4.19 4.19 143 141 1109.47 1184.65 29 299993.3 296517.3 2.10 2.10 4.32 4.33 143 141 1165.87 1250.53 30 312301.3 309825.3 2.18 2.20 4.50 4.53 143 141 1222.28 1316.40 31 332109.3 329633.3 2.32 2.34 4.78 4.82 143 141 1278.69 1382.27 32 352917.3 350941.3 2.47 2.49 5.08 5.13 143 141 1335.10 1448.15 33 373725.3 372249.3 2.61 2.64 5.38 5.44 143 141 1391.51 1514.02 34 394033.3 393057.3 2.76 2.79 5.68 5.74 143 141 1447.92 1579.89 35 413841.3 412865.3 2.94 2.93 6.05 6.03 141 141 1504.35 1645.76 36 434649.3 433673.3 3.08 3.08 6.35 6.34 141 141 1569.22 1710.64 37 456957.3 455981.3 3.26 3.23 6.72 6.66 140 141 1634.10 1775.52 38 475765.3 473789.3 3.40 3.36 7.00 6.92 140 141 1698.98 1840.39 39 495573.3 494597.3 3.57 3.51 7.34 7.23 139 141 1763.85 1905.27 40 512881.3 517905.3 3.69 3.67 7.60 7.57 139 141 1828.73 1970.14 41 533689.3 541213.3 3.84 3.84 7.91 7.91 139 141 1893.60 2035.02 42 549997.3 560021.3 3.96 3.97 8.15 8.18 139 141 1967.61 2311.70 83 Appendix 7: Market Price information on domestic and imported chicken Chicken meat by origin Price of dressed chicken (GHS) Price of live chicken Ghanaian chicken 14.00 11.00 Brazilian chicken 8.00 - US chicken 9.50 - 84