LIVESTOCK ECONOMICS

This course is about animal production and management economics, application of nutrient requirements, feed formulation, cost minimization in feed rations, feed technology to providing adequate nutrition to farm animals; livestock marketing principles and practices in marketing livestock and livestock products, institutions and agencies concerned with pricing and product flows. Marketing of diary products and principles of assembling, transporting, selling, pricing and distribution. Marketing margins for diary products, integration and management of livestock enterprises, integration of livestock and crop enterprises.                                                                                                                                                                                                                                                                 objectives:

• To provide students with an advanced understanding of the economics of animal feeds and feeding.
• To provide a good understanding of principles of aggregate demand and supply in livestock trade.
• To provide students with an understanding of marketing margins for diary products, integration and management of livestock enterprises, integration of livestock and crop enterprises.