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Economic analysis of broiler production in Peninsular Malaysia

The domestic demand for broiler meat is one of the highest in the Malaysian markets. The industry requires continuous evaluation to identify the existing problems and improves its competitive advantage. Thus, economic analysis of this sort will continue to update current statistics on production cos...

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Main Authors: Abdurofi, Ilmas, Ismail, Mohd Mansor, Abdul Wahab, Kamal Hisyam, Gabdo, Bashir Hamman
Format: Article
Language:English
Published: Faculty of Food Science and Technology, Universiti Putra Malaysia 2017
Online Access:http://psasir.upm.edu.my/id/eprint/56138/1/%2842%29.pdf
http://psasir.upm.edu.my/id/eprint/56138/
http://www.ifrj.upm.edu.my/24%20(02)%202017/(42).pdf
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spelling my.upm.eprints.561382017-07-05T03:16:03Z http://psasir.upm.edu.my/id/eprint/56138/ Economic analysis of broiler production in Peninsular Malaysia Abdurofi, Ilmas Ismail, Mohd Mansor Abdul Wahab, Kamal Hisyam Gabdo, Bashir Hamman The domestic demand for broiler meat is one of the highest in the Malaysian markets. The industry requires continuous evaluation to identify the existing problems and improves its competitive advantage. Thus, economic analysis of this sort will continue to update current statistics on production cost, output and profitability. Following this, the study, therefore, aims to assess the existing financial condition of farmers, marginal cost of production, total net income and input-output ratio of broiler production in different regions in Peninsular Malaysia. The study used multi-stage sampling in selecting 310 operators from Southern, Northern, East Coast and Centeral regions. The analytical tools include descriptive statistics and farm budget. The findings disclosed that the broiler farm incurs major cost from acquiring operating inputs especially feed. The operations in the East Coast region was almost unprofitable for the reason that feed conversion rate is more than 2 resulting in higher production cost. But the other three regions indicate positive returns based on the estimated input-output ratios of 1:1.09, 1:1.17 and 1: 1.23 for Northern, Southern and Central regions, respectively. The study advocates for both managerial and policy measures that will help cut the cost of production to attract more investors and increase export. Faculty of Food Science and Technology, Universiti Putra Malaysia 2017 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/56138/1/%2842%29.pdf Abdurofi, Ilmas and Ismail, Mohd Mansor and Abdul Wahab, Kamal Hisyam and Gabdo, Bashir Hamman (2017) Economic analysis of broiler production in Peninsular Malaysia. International Food Research Journal, 24 (2). pp. 761-766. ISSN 1985-4668; ESSN: 2231-7546 http://www.ifrj.upm.edu.my/24%20(02)%202017/(42).pdf
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description The domestic demand for broiler meat is one of the highest in the Malaysian markets. The industry requires continuous evaluation to identify the existing problems and improves its competitive advantage. Thus, economic analysis of this sort will continue to update current statistics on production cost, output and profitability. Following this, the study, therefore, aims to assess the existing financial condition of farmers, marginal cost of production, total net income and input-output ratio of broiler production in different regions in Peninsular Malaysia. The study used multi-stage sampling in selecting 310 operators from Southern, Northern, East Coast and Centeral regions. The analytical tools include descriptive statistics and farm budget. The findings disclosed that the broiler farm incurs major cost from acquiring operating inputs especially feed. The operations in the East Coast region was almost unprofitable for the reason that feed conversion rate is more than 2 resulting in higher production cost. But the other three regions indicate positive returns based on the estimated input-output ratios of 1:1.09, 1:1.17 and 1: 1.23 for Northern, Southern and Central regions, respectively. The study advocates for both managerial and policy measures that will help cut the cost of production to attract more investors and increase export.
format Article
author Abdurofi, Ilmas
Ismail, Mohd Mansor
Abdul Wahab, Kamal Hisyam
Gabdo, Bashir Hamman
spellingShingle Abdurofi, Ilmas
Ismail, Mohd Mansor
Abdul Wahab, Kamal Hisyam
Gabdo, Bashir Hamman
Economic analysis of broiler production in Peninsular Malaysia
author_facet Abdurofi, Ilmas
Ismail, Mohd Mansor
Abdul Wahab, Kamal Hisyam
Gabdo, Bashir Hamman
author_sort Abdurofi, Ilmas
title Economic analysis of broiler production in Peninsular Malaysia
title_short Economic analysis of broiler production in Peninsular Malaysia
title_full Economic analysis of broiler production in Peninsular Malaysia
title_fullStr Economic analysis of broiler production in Peninsular Malaysia
title_full_unstemmed Economic analysis of broiler production in Peninsular Malaysia
title_sort economic analysis of broiler production in peninsular malaysia
publisher Faculty of Food Science and Technology, Universiti Putra Malaysia
publishDate 2017
url http://psasir.upm.edu.my/id/eprint/56138/1/%2842%29.pdf
http://psasir.upm.edu.my/id/eprint/56138/
http://www.ifrj.upm.edu.my/24%20(02)%202017/(42).pdf
_version_ 1643836101831426048
score 13.211869

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