A Study on Evaluating Socio-Economic Impact of Contract Poultry Farming on Farmer
In contract poultry farming, farmers contribute labour and infrastructure, while poultry firms (integrators) engage into agreements with farmers to produce birds using company-supplied inputs such as chicks, feed, and medication. This concept has a substantial socioeconomic impact as it provides farmers with guaranteed income, jobs, and technical assistance. Its long-term advantages and durability, however, may be constrained by issues including poor profit margins, a lack of autonomy, and uneven power relations. The research aimed to evaluate the socio-economic impact of contract poultry farming on farmers. Structural equation model was used to analyse the collected data. The findings of the study indicate that there is a significant impact of Involvement in Contract Poultry Farming on standard of living, economic security, and social wellbeing.