The present study was undertaken to examine and compare the cost and return, labor utilization, risk and constraints related to production, marketing etc., of vertically integrated contract and independent poultry farms in Bangladesh. The primary datawere collected from 50 sample farm of ABPL, the pioneer vertically integrated farm, kishorganj and 25 independent sample farms from Gajipur, the poultry region of Bangladesh. The findings of the study revealed that although the independent farms were able to take advantage from favorable market price of broilers as compared with the contract farmers but the contract farmers were still better off in their net income since the guaranteed market, risk share and major cash inputs and technical knowledge were provided by the integrators. Contract grower's net farm return was much higher than that of the independent farmer. The average labor utilization of contract farms was also higher than that of independent farm. Moreover, contract farmers often gainedfinancial, managerial and marketing assistance, plus a reduction of risks normally borne by the independent grower.
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