scholarly journals Profitability Analysis of Pigean Pea (Cajanus cajan) Production in Riyom LGA of Plateau State

2014 ◽  
Vol 18 ◽  
pp. 73-88 ◽  
Author(s):  
M.E. Emefiene ◽  
V.I. Joshua ◽  
C. Nwadike ◽  
A.Y. Yaroson ◽  
N.D.E. Zwalnan
Keyword(s):  
Pigeon Pea ◽  
Variable Cost ◽  
Gross Margin ◽  
Access To Credit ◽  
Secondary Sources ◽  
Cooperative Society ◽  
Pest Infestation ◽  
Profitability Analysis ◽  
Plateau State ◽  
Margin Analysis

The study focused on the profitability of pigeon pea production in Riyom LGA of Plateau State. Data for the study were obtained from both primary and secondary sources. Questionnaires were administered to 80 targeted farmers to get information on their socio-economic characteristics, years of experience in pigeon pea production and the reason for growing pigeon pea. The analytical tool used includes descriptive statistics to analyze the socio-economic characteristics of the farmers and farm budgeting technique (gross margin analysis) for assessing the profitability of pigeon pea production. The study also identified the constraints encountered by farmers such as high cost of labour, inadequate processing / storage facilities, problems of access to credit/loans and weed/pest infestation. The results shows that pigeon pea production is profitable with a total variable cost (TVC) at N22620.68 per ha, while gross revenue (GR) was N50185.25 per ha, the profit margin (GM) at N32564.59 and the net return per Naira invested was N0.69. It was recommended that farm inputs and improved seed varieties should be made available to farmers at affordable rates so as to enable them operate at a commercial and profitable level of pigeon pea production. These farmers should be encouraged to form a cooperative society so as to alleviate the problem of credit/ loan acquisition and procurement of genuine products as well as avoid exploitation

scholarly journals PROFITABILITY ANALYSIS OF BENISEED (SESAME) PRODUCTION IN LAFIA LOCAL GOVERNMENT AREA OF NASARAWA STATE, NIGERIA

2021 ◽  
Vol 2 (2) ◽  
pp. 51-53
Author(s):  
Bello D ◽  
Agwale AO ◽  
Zaknayiba DB ◽  
Moren S ◽  
Ndor E
Keyword(s):  
Local Government ◽  
Small Scale ◽  
Family Needs ◽  
Gross Margin ◽  
Access To Credit ◽  
Profitability Analysis ◽  
Married Men ◽  
Government Data ◽  
Small Scale Farmers ◽  
Margin Analysis

The research was designed to examine the profitability analysis of beniseed (Sesame) production in Lafia Local Government. Data collected was analysed using simple descriptive statistics such as mean, frequency count, percentage and gross margin analysis to satisfy all the objectives. From the data collected, it was deduced that majority of the respondents 94.2% that engaged in sesame production are male. Also, most of the respondents 37.5% are married men and women who participated in the production of beniseed in order to carter for their family needs. Most of the respondents have one form of education or the other but majorities of them 33.8% have primary education predominantly, people who engaged in the production of beniseed in the study area are the small-scale farmers. Most of the respondents have an average number of family 3 – 4 per household. Most of the respondents spend only few number of years 3 – 5 years in beniseed production, 66.67% of the respondents being small-scale farmers make use of their family as a source of labour. In terms of extension awareness, 70.8% of the respondents are aware of extension services while only few number 29.2% are not. In terms of access to credit facilities majority of the respondents 65.0% have no access to credit while only scanty number 35.0% have access to credit facilities majority of the respondents 46.7% have problem of inadequate fund as a source of capital.

scholarly journals Socio-economic assessment of wheat variety Shatabdi in some selected areas of Bangladesh

1970 ◽  
Vol 34 (2) ◽  
pp. 215-226
Author(s):  
M Elahi Baksh ◽  
Md Jahangir Kabir ◽  
Kalpona Kispatta
Keyword(s):  
Wheat Variety ◽  
Sampling Technique ◽  
Economic Assessment ◽  
Variable Cost ◽  
Gross Margin ◽  
Wheat Varieties ◽  
New Variety ◽  
Pest Infestation ◽  
Farmer Selection ◽  
Yield Difference

 The survey was conducted in two villages under Dinajpur and Thakurgaon Districts during March 2004 to assess the socioeconomic aspects of Shatabdi wheat variety adoption at farm level. Stratified random sampling technique was followed for farmer selection. All categories of farmers expected wheat varieties having high yielding potentialities with less disease and pest infestation, more heat tolerant, and bold grain with golden colour. New wheat variety Shatabdi is able to meet the maximum expected characters. Old variety Kanchan was more disease susceptible and new one was free from disease. A significant yield difference was found between new and old verities (Shatabdi yielded 3l% to 43% higher compared to Kanchan over the locations and farmers group). Gross margin (return over variable cost) of Shatabdi also higher compared to Kanchan. By cultivating new variety, farmers earned additional gross margin of Tk. 6446 to Tk. 8353 per hectare in Jagdal and Tk. 6097 to Tk. 9314 per hectare in Daulatpur over Kanchan. Cent percent farmers over the locations said that their income was increased by cultivating Shatabdi compared to old variety Kanchan. The non-adopter farmers wanted new variety seeds. All groups of farmers wanted training/video show for up-dating their technical know how. Key Words: New vs old varieties; profitability level; farmers' adoption. DOI: 10.3329/bjar.v34i2.5792Bangladesh J. Agril. Res. 34(2): 215-226, June 2009

scholarly journals Economic analysis of land management practices among crop farmers in Osun State, Nigeria

Agrosearch ◽  
2020 ◽  
Vol 19 (2) ◽  
pp. 100-108
Author(s):  
A.A. Ezekiel ◽  
E.O. Ayinde ◽  
G.O. Akinsola
Keyword(s):  
Economic Analysis ◽  
Land Management ◽  
Crop Production ◽  
Management Practices ◽  
Structured Interview ◽  
Fertilizer Application ◽  
Soil Tillage ◽  
Variable Cost ◽  
Gross Margin ◽  
Secondary Sources

Increase in soil degradation has negatively impacted on food production. This therefore necessitates sound land management practices. This study analyzed the economics of the land management practices among crop farmers in Osun State, Nigeria. Data were collected with the aid of structured interview schedule from 80 respondents in four Local Government Areas of the state using a three-stage sampling techniques. Budgetary and multiple regression analyses were the analytical tools employed. About 63% of the farmers were male and 78.4% of them were above 38 years. Seventy-two percent of the farmers had secondary sources of income. The average gross margin of the farms was N48,456.56k. The total value product increases by a value of N4.90K for every N1 increase in the total variable cost. The study concludes that land management practices such as fertilizer application, length of fallow on land and length of tillage on land have a positive effect on crop output in the study area. Therefore, extension services should be intensified to disseminate modern ideas and technology in crop farming for greater productivity. Activities that promote soil tillage for crop production should be encouraged as this would increase crop output. Keywords: Economic analysis, Land management, Fallowing, Crop output

scholarly journals Profitability analysis and gender division of labour in duck rearing: a case of Kishoreganj district in Bangladesh

2017 ◽  
Vol 27 (4) ◽  
pp. 482-489
Author(s):  
H Afrin ◽  
R Begum ◽  
MJU Ahmed ◽  
MA Rahman ◽  
S Haque
Keyword(s):  
Division Of Labor ◽  
Structured Interview ◽  
Division Of Labour ◽  
Cost Ratio ◽  
Selling Price ◽  
Gross Margin ◽  
Household Decision ◽  
Access To Credit ◽  
Gender Division Of Labor ◽  
Profitability Analysis

Like all other poultry species, rearing duck in Bangladesh has every potential to give maximum return with minimum investments. Keeping the view in mind, this study was endeavored to concentrate valuable information on profitability performance as well as gender division of labor in duck farming. The study was conducted in purposively selected five villages of Karimganj upazila under Kishoreganj district. A structured interview schedule was pre-tested, improvised and finally used to collect data from the selected 50 duck raising farms. The study found that total cost for 1000 ducks were estimated at Tk. 74455.57 per batch. Average gross return, average gross margin and average net returns for 1000 ducks was estimated at Tk. 151780, Tk. 83296.5 and Tk. 77324.47 per batch, respectively. Benefit cost ratio was estimated to be 2.03 for duck rearing. There existed gender division of labor in duck rearing, as, in duck rearing, women paid more attention in caring tasks such taking ducks out of the shade, feeding, cleaning shelter, breaking of snails, etc. The average female contribution was 51% of total duck rearing activities, but their participation in household decision making process was not satisfactory. In rearing duck, farmers had faced a few challenges like incidence of disease, lack of access to credit, low training facilities, high feed costs, lack of veterinary services and medicine, lower selling price and less market facilities. To overcome these difficulties of duck rearing and make the business more profitable, the recommendations actions can be undertaken by the respective authorities as early as possible.Progressive Agriculture 27 (4): 482-489, 2016

scholarly journals Profitability analysis of poultry egg production and marketing in Southern zone of Plateau State, Nigeria

2020 ◽  
Vol 45 (4) ◽  
Author(s):  
M. Y. Latu ◽  
D. P. Wumnokol ◽  
L. Y. Guluwa
Keyword(s):  
Egg Production ◽  
Primary Data ◽  
Cost Ratio ◽  
Urban Migration ◽  
Gross Margin ◽  
Gainful Employment ◽  
Southern Zone ◽  
Benefit Cost Ratio ◽  
Profitability Analysis ◽  
Plateau State

Data from a survey in Southern zone of Plateau State was used to assess profitability of egg production and marketing in five markets of Southern Plateau. Primary data was obtained by means of personal interview through the use of a well-structured questionnaire administered to 20 individuals in each of the five markets (Langtang market, Shendam (Nshar) market, Namu market, Garkawa market and Mabudi market). The socio-economic characteristic of the respondents shows that most of them were experienced in the business and were mostly females (96%). The estimated Gini coefficient was 0.81296 which implies that there is a high level of inequality in the production and sole revenue of the respondents. While the gross margin reveals that marketing of eggs in the study area is profitable with gross margin per seller as N12, 029.50 and the benefit cost ratio also reveals that egg marketing is viable in the study area as N10, 799.50 per seller. It is therefore recommended as a means of gainful employment and mitigation to urban migration.

scholarly journals Profitability analysis of paddy production: A case of agricultural zone 1, Niger State Nigeria

2018 ◽  
Vol 16 (1) ◽  
pp. 88-92
Author(s):  
Madu Ali Bwala ◽  
Aniobi U John
Keyword(s):  
Descriptive Analysis ◽  
Sampling Technique ◽  
Rice Production ◽  
Variable Cost ◽  
Small Scale ◽  
Production Cycle ◽  
Gross Margin ◽  
Profitability Analysis ◽  
Multi Stage ◽  
Small Scale Farmers

This study estimated the profitability of rice production among small scale farmers in Bida agricultural zone of Niger state. The study utilized a multi-stage random sampling technique to select a total of one hundred and five (105) rice farmers in the area. The data was collected through a well-structured questionnaire from four communities in the study area. Descriptive statistics and farm budgeting tools were used for the analyses. The descriptive analysis showed that the farmers are highly productive between the age range of 37- 48 years. Furthermore, results also revealed land area cultivated by the farmers to be generally below two hectares. The finding further revealed the variable cost per hectare for rice production to be $126,100 per production cycle, while total revenue of $227,500 was realized by the respondents. The results also revealed cost of labour to account for the largest portion (54.0%) of the total variable cost. This is followed by the cost of seed, fertilizer, transportation, herbicide, pesticide and bagging. The farm budgeting analysis revealed the costs and returns of rice production to be profitable with a gross margin of $101,400 and net farm profit of $98,546.4. The gross profit ratio was calculated to be 0.45 which implies that farmers are selling their rice produce at a relatively high profit percentage. Based on the results obtained from the study, it was concluded that rice production in Bida Agricultural Zone of Niger State is profitable. Hence, the cultivation of rice is an important enterprise that should be encourage, considering the fact that it is a major staple. It is therefore recommended that timely availability of farm inputs such as improved seed variety and agrochemicals will further boos trice production in the area. Furthermore, provision of credit facilities to small scale farmers is a viable policy to be pursuedJ. Bangladesh Agril. Univ. 16(1): 88-92, April 2018

scholarly journals Profitability Analysis of Pigeon Pea (CajanusCajan) Production in Riyom Lga of Plateau State

2014 ◽  
Author(s):  
M.E. Emefiene ◽  
V.I. Joshua ◽  
C. Nwadike ◽  
A.Y. Yaroson ◽  
N. D. E. Zwalnan
Keyword(s):  
Pigeon Pea ◽  
Profitability Analysis ◽  
Plateau State

scholarly journals Profitability and resource use efficiency of potato cultivation in Munshiganj district of Bangladesh

2018 ◽  
Vol 15 (2) ◽  
pp. 193-206 ◽  
Author(s):  
HK Sujan ◽  
F Islam ◽  
MH Kazal ◽  
RK Mondal
Keyword(s):  
Resource Use ◽  
Variable Cost ◽  
Cost Ratio ◽  
Resource Use Efficiency ◽  
Gross Margin ◽  
Land Preparation ◽  
Benefit Cost Ratio ◽  
Profitability Analysis ◽  
Human Labor ◽  
Use Efficiency

Potato is the third largest food crop in Bangladesh by tonnage of production. Its acreage and production are also increasing in day after day. This study was accomplished to examine the profitability and resource use efficiency of potato cultivation in five upazilas of Munshiganj district of Bangladesh. A total of 52 farmers were selected randomly from the study area. Data were collected through farm survey by using a suitable pre-tested questionnaire in February-March, 2016. Profitability analysis, Cobb-Douglas production function, MVP, MFC and Farm Budgeting model were used to analyze the objectives. Average gross return, gross margin and net return were found Tk. 3,47,200, Tk. 1,47,125 and Tk. 1,17,300, respectively. Benefit-cost ratio was found 1.51 and 1.74 on full cost and variable cost basis, respectively. The key production factors, i.e. human labour, land preparation, seed, fertilizer, insecticides and irrigations had significant effect on gross return of potato. Resource use efficiency analysis revealed that farmers were not efficient in using resources in potato cultivation. Human labor, land preparation, insecticide and irrigation were under-utilized and therefore increasing use of those resources could maximize the profitability. Seed and fertilizer constituted major parts of the cost of production hence optimum use of those resources could also enhance the profitability and resource use efficiency of potato cultivation in Munshiganj district.SAARC J. Agri., 15(2): 193-206 (2017)

Profitability analysis and technical efficiency of Sasakawa global 2000 maize technology in Lere Agricultural Zone, Kaduna state, Nigeria

2020 ◽  
Vol 18 (1) ◽  
pp. 20-30
Author(s):  
A.M. Durba ◽  
A. Adewumi ◽  
U. Musa
Keyword(s):  
Technical Efficiency ◽  
Stochastic Frontier ◽  
Sampling Technique ◽  
Efficiency Score ◽  
Farm Size ◽  
Farm Income ◽  
Gross Margin ◽  
Access To Credit ◽  
Profitability Analysis ◽  
The Mean

The study determined the profitability and technical efficiency of Sasakawa Global (SG-2000) maize technology in Lere Agricultural Zone, Kaduna State, Nigeria. A total of 146 respondents were selected through a multi-stage sampling technique. Data were collected through structured questionnaire administered to the sampled respondents and complemented with interview schedule. Analysis of the data collected was done using descriptive statistics, farm budgeting technique and stochastic frontier function. Results showed that the mean age of SG-2000 adopters was 45years old, 73% of them were males and 81% were married. The mean farming experience of the adopters was 15 years, household size of 8 persons and farm size of 2.26ha respectively. Also, majority of the farmers were members of farmers’ cooperative society and had access to extension services. The farm budgeting technique revealed maize production was profitable in the area with gross margin and net farm income of ₦99,407.76/ha and ₦96,700.80/ha respectively. The maize farmers were not technically efficient with a mean efficiency score of 0.8181. The farm size at p<0.10, seed at p<0.01, fertilizer at p<0.01, capital input at p<0.01 probability levels respectively were efficiency factors, while the sex of farmer at p<0.10, marital status at p<0.10, farming experience at p<0.05 and access to credit at p<0.01 probability levels respectively were the inefficiency factors. It is recommended that other farmers in the study area should adopt the SG-2000 maize technology to improve their level of profitability and technical efficiency. Keywords: Profitability, Technical efficiency, SG-2000 maize technology, Farmers and Kaduna State

scholarly journals Analysis of the profitability of micro broiler enterprises in Calabar Metropolis, Cross River State

2020 ◽  
Vol 19 ◽  
pp. 1-9
Author(s):  
Joseph Ugah Ukpabuku ◽  
Susana Ben Ohen
Keyword(s):  
Least Square ◽  
Rate Of Return ◽  
Primary Data ◽  
Variable Cost ◽  
Total Production ◽  
Flock Size ◽  
Net Income ◽  
Gross Margin ◽  
Cross River State ◽  
Access To Credit

This study was undertaken to evaluate the profitability micro broiler businesses in Calabar metropolis. The specific objectives of the study were to evaluate the profitability of micro broiler enterprises in Calabar metropolis, analyses selected factors which affects the profitability of micro broiler enterprises and to identify the constraints faced by micro broiler enterprises in Calabar metropolis. It made use of primary data obtained from a random sample of 112 micro broiler operators. The data were analyzed using descriptive statistics, profitability ratios, cost and return analysis and Ordinary Least Square Multiple regression approach. The cost and returns analysis showed that the total variable cost of production per cycle amounted to N45,931,670.00 with cost of feed contributing 60.11 percent to the total cost. Total production cost per bird was N1,213.77 and total revenue per bird was N1,862.39, showing a gross margin of  N684.96 and a net income of N648.62 per bird produced. The rate of return on sales (0.35), rate of return on investment (0.53), rate of return on variable cost (1.55) and operating ratio (0.63) all show that micro broiler business in Calabar metropolis was profitable. Output of broiler (flock size) (p<0.01), cost of day old chicks (p<0.05), and transportation fare (p<0.1) were significant to the variation in maximum variable profit. The most dominant constraints identified in the study included; inflationary/recessionary trends, high cost of inputs, poor access to credit, high competition and disease/pest in that order. The study recommended that micro broiler operators should organize themselves into cooperative societies to enable them enjoy the benefits of economies of size and credit facilities from lending agencies.  Keywords: Profitability, enterprises, micro, broiler, cost and returns

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