Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis

A survey of two rural markets in southwest Nigeria over 14 months showed that supplies, sales and prices of sheep and goats varied widely during the period with a sharp peak during the Muslim festival of Eid-el-Kabir and a smaller peak during the Christmas-New Year period. Local West African Dward (...

Descripción completa

Detalles Bibliográficos
Autor principal: Jabbar, M.A.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 1998
Materias:
Acceso en línea:https://hdl.handle.net/10568/28077
_version_ 1855520897717239808
author Jabbar, M.A.
author_browse Jabbar, M.A.
author_facet Jabbar, M.A.
author_sort Jabbar, M.A.
collection Repository of Agricultural Research Outputs (CGSpace)
description A survey of two rural markets in southwest Nigeria over 14 months showed that supplies, sales and prices of sheep and goats varied widely during the period with a sharp peak during the Muslim festival of Eid-el-Kabir and a smaller peak during the Christmas-New Year period. Local West African Dward (WAD) sheep and goats and northern Y'ankasa sheep and Red Sokoto goats were traded in the markets and animals were purchased for rearing, trading, ceremonies, butchering/catering, sacrifice, and festivals. There were significant differences between species/breeds purchased for various purposes. A hedonic price model was fitted to determine factors influencing price. After adjustments were made for age, weight, sex, time of transaction and market, WAD sheep commanded higher prices than WAD goats and Red Sokoto goats for all purposes except for butchering/catering; Red Sokoto goats commanded similar or lower prices than WAD goats depending on the purpose for purchase; and Y'ankasa sheep, principally purchased for the Eid-el-Kabir festival, commanded marginally higher prices than WAD sheeThe market share of WAD sheep is currently small and is under competition from northen sheep and goats, so increased production of WAD sheep in the south will benefit both producers and consumers in the area. In general, the results indicate that buyers have preferences for specific breeds and species for specific purposes, so producers and sellers may benefit by targeting specific buyer categories and times of the year. Published by Elsevier Science B.V.
format Journal Article
id CGSpace28077
institution CGIAR Consortium
language Inglés
publishDate 1998
publishDateRange 1998
publishDateSort 1998
publisher Wiley
publisherStr Wiley
record_format dspace
spelling CGSpace280772024-04-25T06:00:40Z Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis Jabbar, M.A. sheep goats prices economic analysis A survey of two rural markets in southwest Nigeria over 14 months showed that supplies, sales and prices of sheep and goats varied widely during the period with a sharp peak during the Muslim festival of Eid-el-Kabir and a smaller peak during the Christmas-New Year period. Local West African Dward (WAD) sheep and goats and northern Y'ankasa sheep and Red Sokoto goats were traded in the markets and animals were purchased for rearing, trading, ceremonies, butchering/catering, sacrifice, and festivals. There were significant differences between species/breeds purchased for various purposes. A hedonic price model was fitted to determine factors influencing price. After adjustments were made for age, weight, sex, time of transaction and market, WAD sheep commanded higher prices than WAD goats and Red Sokoto goats for all purposes except for butchering/catering; Red Sokoto goats commanded similar or lower prices than WAD goats depending on the purpose for purchase; and Y'ankasa sheep, principally purchased for the Eid-el-Kabir festival, commanded marginally higher prices than WAD sheeThe market share of WAD sheep is currently small and is under competition from northen sheep and goats, so increased production of WAD sheep in the south will benefit both producers and consumers in the area. In general, the results indicate that buyers have preferences for specific breeds and species for specific purposes, so producers and sellers may benefit by targeting specific buyer categories and times of the year. Published by Elsevier Science B.V. 1998-01 2013-05-06T06:59:52Z 2013-05-06T06:59:52Z Journal Article https://hdl.handle.net/10568/28077 en Limited Access Wiley Agricultural Economics;18(1): 21-30
spellingShingle sheep
goats
prices
economic analysis
Jabbar, M.A.
Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis
title Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis
title_full Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis
title_fullStr Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis
title_full_unstemmed Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis
title_short Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis
title_sort buyer preferences for sheep and goats in southern nigeria a hedonic price analysis
topic sheep
goats
prices
economic analysis
url https://hdl.handle.net/10568/28077
work_keys_str_mv AT jabbarma buyerpreferencesforsheepandgoatsinsouthernnigeriaahedonicpriceanalysis