An economic study of sheep and goats production in Egypt
2011
Ibrahim, M.A. | Mohamed, A.A. | Abd El-Moneim, A.S.
The study aimed at making a financial and economic appraisal for sheep and goat project conducted by the Egyptian Society of Sheep, Goats and Desert Animals. The objective is to assess the net return of the project at the size of 100 animals. The study refers that sheep meat production represented about 8. 53% and goat meat represented about 5.7% of total net meat in Egypt during period between the period 1990-2007. Both sheep and goat meat has increased during period between the agricultural census, 1989/90 and 1999/2000 while sheep meat has decreased during 2004/2005 census. The study showed that the hundred ewes gave birth to about (116-132) lambs. Each head of sheep gives about 3 Kgs of wool, 1.5 cubic meters of manure. The study estimated that feed cost for ewes, lambs, fattened males and rams amounted to about L.E 45.67 thousand in the first year of the project and increased to about L.E 95.64 thousand in the eighth year. Labor costs for the project was put as L.E 13.2 thousand over project period. Working cost was put as L.E 174.72 thousand in the first year of the project. The study revealed that internal and external cash flow was negative during the first, second, and third year of the project. Then the flow took positive trend as from the fourth year till the end of the project. The analysis showed that the project will repay its capital after eight years. Return to cost amounted to about 100 %, IRR is put as 10. 23%. It is clear then for that the project is profitable as it will give a return of L.E 0.49 per pound which may be increased to about L.E 1.21 per pound. The project depends on the feed produced on the project
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