USA and Bangladesh Friendship Poultry Farming Business via Steemit Part-25
Dear all,
We completed our last batch with a significant drop in price and this is why we waited a long time to start 7th batch. @kenny-crane and I are the partners of the poultry farming business since the beginning of 2018. Kenny donated all the profit to @SchoolForSDG4 from first 4 batches and his next batch profit was included to increase his share. I collected the pad of the expenses and revenue a week ago from my brother when he was thinking to start the new batch this month.
We made a profit of $356.9 from the 6th batch. But when we cut the labour cost it drops to 156.9. The average weight of chicken was bigger than the last batch but the price was too low this time. We had around 1480 chicken this time and 1422 left after the number of death. The average weight of the chicken was 2 KG. Though we lost many chickens for the winter season. We got the good weight from this batch.
| Items | Amount in BDT | IN USD |
|---|---|---|
| Total number of chickens purchased | 1480 | ---- |
| Total cost | 258247 | 3228.08 |
| Per chicken cost | 174.4 | 2.18 |
The average cost is far more than the last batch as we had to keep the chicken on the farm and feed them more than regular time. We were expecting a good price and so the feeding cost increased. the weight of the chicken also was very good this time and it was 0.50 K bigger than the previous batch. @kenny-crane was the owner of 87.27/2.18 = 40.03. The death ratio was 3.91% this time as 58 chicken had died this time. We total left 1422 chickens after the death of 58 chickens.
The real calculation was after sell out.
Among 40.03 chickens of @kenny-crane, the number of chicken died 1.56 ( 40.03 - 1.56= 38.47) and Among my personal 209.97 chickens, the number of died chickens was 8.21 chickens (209.97 - 8.21 = 201.76 ).
| Items | Amount in BDT | IN USD |
|---|---|---|
| Total Sold Amount | 286799 | 3584.99 |
| Total Profit | (28552 -16000 Labour cost) = 12552 | 156.9 |
| Each chicken profit | (156.9/1480) = 18.66 | 0.106 |
The profit we made from 250 Chickens after death is following. It is around half of last time.
| We | Calculation | USD |
|---|---|---|
| @Azizbd | 201.76 *0.106 | 21.38 |
| @kenny-crane | 38.47*0.106 | 4.08 |
| Total We made | >>> | 25.46 |
We had a profit of 156.19 in our last batch. I will use @kenny-crane's 4.08 USD to reinvest and increase his share up to 50. Price of chicks also very high now and I hope the price of big chicken will stay same too so that we can get the expected profit. So @kenny-crane's share will be 87.27+4.08 = 91.35 USD. We already started the 7th Batch I will share the update soon.
I will edit if I find any mistake in the above.
N.B: By upvoting this post you are supporting me @Azizbd personally, not my charity @SchoolForSDG4
Please contact me @Azizbd for any information https://steem.chat/direct/azizbd .
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poultry business good idea
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great idea bro