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

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  • M.A. Jabbar

Abstract

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 Dwarf (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 sheep. The market share of WAD sheep is currently small and is under competition from northern 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.

Suggested Citation

  • M.A. Jabbar, 1998. "Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis," Agricultural Economics, International Association of Agricultural Economists, vol. 18(1), pages 21-30, January.
  • Handle: RePEc:bla:agecon:v:18:y:1998:i:1:p:21-30
    DOI: 10.1111/j.1574-0862.1998.tb00484.x
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    6. Simianer, H. & Marti, S. B. & Gibson, J. & Hanotte, O. & Rege, J. E. O., 2003. "An approach to the optimal allocation of conservation funds to minimize loss of genetic diversity between livestock breeds," Ecological Economics, Elsevier, vol. 45(3), pages 377-392, July.
    7. Jabbar, Mohammad A. & Swallow, B M & Rege, Edward, 1999. "Incorporation of Farmer Knowledge and Preferences in Designing Breeding Policy and Conservation Strategy for Domestic Animals," Research Reports 183003, International Livestock Research Institute.
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    11. Merijn Rengers & Olav Velthuis, 2002. "Determinants of Prices for Contemporary Art in Dutch Galleries, 1992–1998," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 26(1), pages 1-28, February.
    12. Matopote, Given & Manatsha, Boga Thura & Joshi, Niraj Prakash, 2021. "The Influence of Swedish Aid in Rural Water on Agricultural Production in Botswana," 2021 Conference, August 17-31, 2021, Virtual 315390, International Association of Agricultural Economists.
    13. Christopher B. Barrett & Francis Chabari & DeeVon Bailey & Peter D. Little & D. Layne Coppock, 2003. "Livestock Pricing in the Northern Kenyan Rangelands," Journal of African Economies, Centre for the Study of African Economies, vol. 12(2), pages 127-155, June.
    14. Asrat, Sinafikeh & Yesuf, Mahmud & Carlsson, Fredrik & Wale, Edilegnaw, 2010. "Farmers' preferences for crop variety traits: Lessons for on-farm conservation and technology adoption," Ecological Economics, Elsevier, vol. 69(12), pages 2394-2401, October.
    15. Adugna, Teressa, 2006. "Determinants of Market Prices of Cattle in Eastern Ethiopia," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25336, International Association of Agricultural Economists.
    16. Singh-Knights, Doolarie & Smith, Dennis K. & Knights, Marlon, 2005. "A Hedonic Analysis of Sheep and Goat Prices in a Changing Environment: The Role of Consumers and Implications for Management," 2005 Annual meeting, July 24-27, Providence, RI 19289, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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