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Economics of duck marketing in Oyo State
Abstract
This study examines the economics of duck marketing in Oyo State with the aim of identifying the marketing channels and determining the efficiency and constraints associated with the trade in Oyo State. The marketing survey involved 50 duck traders selected from Ibadan, Oyo and Ogbomoso.
Majority (72%) of the marketers procured their stock of duck from rural areas through middlemen (46%). The muscory duck (Cairina moschata) was the commonest species sold by 86% of the traders. Prices of drake (N557.30) were significantly higher than prices of duck (N424.90) across the locations and also ducks were sold at significantly higher prices during festival periods than non-festival periods (p<0.01). Marketing profit was 31.2% of the total marketing cost and 68.9% of the marketing margin, thus indicating that the marketing system for duck in Oyo State is economically efficient.
(Af. J. of Livestock Extension: 2003 2: 1-4)
Majority (72%) of the marketers procured their stock of duck from rural areas through middlemen (46%). The muscory duck (Cairina moschata) was the commonest species sold by 86% of the traders. Prices of drake (N557.30) were significantly higher than prices of duck (N424.90) across the locations and also ducks were sold at significantly higher prices during festival periods than non-festival periods (p<0.01). Marketing profit was 31.2% of the total marketing cost and 68.9% of the marketing margin, thus indicating that the marketing system for duck in Oyo State is economically efficient.
(Af. J. of Livestock Extension: 2003 2: 1-4)
