Economics of Swine Marketing in Kafanchan (Katsit) Market, Jama'a Local Government Area of Kaduna State, Nigeria.

Abstract

A market survey 630 swine traders in Kafanchan was conducted to evaluate the structure, conduct and &rmance
of the market. Although there were many sellers and buyers and no collusion, Lorenz curve analyses showed that
30% of all traders handled 74% of the sales. The Gini coefficient was also high (0.53), indicatinggross inequality
in size distribution and seller concentration, hence oligopoly. Analyses also showed that the market is vertically
integrated. Cost oftransportation (N100/animal) was the highest of the marketing services, representing 50.4%.
T.. . o. . t. a. . .l . .c . .o . . s t of marketing services (N198.26 /animal) was a small proportion (6.5%) ofjinal sale price. Estimated
gross margin was N742.36 /animal) which was 24.2% of the sale price. The only element of barrier that existed was
the high operating capital required. Price determination was by haggling and no standardization of product
existed. The need and means of improving the nature of competition are highlighted.