scholarly journals Profitability of Small-Scale Maize Production in Nigeria: A Case Study of Bichi Local Government, Kano State-Nigeria

2020 ◽  
Vol 2 (5) ◽  
Author(s):  
Bello Nasiru Abdullahi ◽  
Frederick Kwame Yeboah ◽  
Nazeer Ahmed ◽  
Ibrahim Umar Muhammad
Keyword(s):  
Sampling Procedure ◽  
Government Support ◽  
Farm Size ◽  
Variable Cost ◽  
Small Scale ◽  
Fixed Cost ◽  
Labor Costs ◽  
Gross Margin ◽  
Maize Production ◽  
Pests And Diseases

This paper examined the profitability of small-scale maize production in the Bichi community using the multistage sampling procedure. Gross margin, OLS Multiple regression analysis, and Descriptive statistics were employed as analytical tools. A higher percentage of males (90%) as against females (10%) were revealed from the analytical results. The household size of the majority (70%) was less than 11 persons per family among family households (60%). A total of ₦395,355/ha was earned as gross income whilst the gross margin of ₦201,331/ha was estimated. Total variable cost and Total fixed cost estimated were ₦194,024/ha and ₦36,413/ha respectively. With an R-square of 0.807, six explanatory variables positively explained the response variables according to the double log function. Farm size and labor had positive coefficients of 0.479 and 0.352 respectively which were significant at 1% and 5% level of significance respectively. Inadequate resources, pests and diseases, high labor costs, transport, insufficient storage facilities, and insufficient government support were problems affecting small maize producers in the study area.

scholarly journals Economics and Technical Efficiency of Maize Production Among Small Scale Farmers in Abuja, Nigeria: Stochastic Frontier Model Approach

2020 ◽  
Vol 2 (6) ◽  
Author(s):  
E. S. Ebukiba ◽  
L. Anthony ◽  
S. M. Adamu
Keyword(s):  
Stochastic Frontier ◽  
Farm Size ◽  
Small Scale ◽  
Stochastic Frontier Model ◽  
Gross Margin ◽  
Maize Production ◽  
Factors Influencing ◽  
The Mean ◽  
Small Scale Farmers ◽  
Model Approach

This study evaluated Economics and Technical Efficiency of Maize Production Among Small Scale Farmers in Abuja, Nigeria; Stochastic Frontier Model Approach; Multi-stage sampling technique was adopted and used. Primary data were collected through the use of well-structured questionnaire from one hundred and fifty (150) sampled respondents in the study area. Data were analyzed to achieve the specified objectives using the following tools of analysis, Descriptive Statistics, Stochastic Frontier, Gross Margin Analysis, Financial Analysis, Five Point Likert Scale, and Principal Components Analysis. The results show that majority 40.47% of the sampled respondents were among the age range of 41-50 years of age and 25.33% were within the age bracket of 31-40 years of age. The mean age of the sampled farmers is 44 years. Which indicated that Young and energetic farmers are able to withstand stress and adopt new innovations. Most 88.67% of the farmers were male. Majority 72.67% were married. The mean household size of the sampled respondents is 6 members per family. Majority (67%) of the small-scale maize farmers had 1-2 ha of land and the average farm size cultivated by the farmers was 2.576 ha. The factors influencing total output of maize were seed input (P<0.01), Farm Size (P<0.05), quantity of fertilizer (P<0.05), and labour input (P<0.01) were statistically significant variables. The results of the inefficiency components show that the factors influencing technical inefficiency includes: age (P<0.01), education (P<0.01), access to credit (P<0.05), farming experience, and household size (P<0.05) and were statistically significant. The total revenue realized by the sampled small-scale maize farmers was N238,317 on average. While the total variable costs on average basis was N109,702.93. The gross margin realized was N128667.07. The gross margin ratio was 0.54 while operating ratio calculated was 0.857 and the rate of return on investment (RORI) was 1.17. The retained component from the constraint’s analysis include Lack of Improve Seed, Lack of Transportation, Poor Storage Facilities, Inadequate Capital, and Cattle Herdsmen. The retained components explained 60% of the variation of the component included in the model. The study therefore, recommends that affordable loans and adequate capital should be made available to the small-scale maize farmers, farmers should be properly trained and educated by the non-governmental organizations and extension agents on chemical application, fertilizer use and pests and diseases control measures especially on integrated pest management (IPM). Inputs like improve seeds, fertilizer, and chemicals should be made available to farmers at subsidized rates and at appropriate time coinciding with production periods for proper usage. Provisions should be made for transportation and storage facilities for farmers, the issue of conflict between farmers and herdsmen should be brought to book and resolved amicably for peaceful coexistence.

scholarly journals Profitability of Small Scale Vegetable Production in Southern District, Botswana

2017 ◽  
Vol 5 (1) ◽  
pp. 35
Author(s):  
Sekgopa T. Kealeboga ◽  
Lagat K. Job ◽  
Tselaesele M. Nelson
Keyword(s):  
Rural Households ◽  
Sampling Technique ◽  
Small Scale ◽  
Vegetable Production ◽  
Eradication Programme ◽  
Gross Margin ◽  
Production Program ◽  
Extreme Poverty ◽  
Pests And Diseases ◽  
Multi Stage

Government determination to eradicate extreme poverty and food insecurity among Batswana through small scale vegetable production program appears not to transform their economic stance. Rural households that are part of Poverty Eradication Programme were investigated to determine if backyard gardens were profitable enough to improve incomes, reduce extreme poverty, and increase food security. The study aimed at analysing profitability and identifying factors that affect profitability of backyard gardening. Multi-stage sampling technique was used to collect data from 100 rural households who are part of the backyard garden scheme. Data was analysed using descriptive statistics, gross margin analysis and regression analysis. Results indicated that backyard gardening was a viable activity though profitability was affected by amount of fertilizer applied, market availability and area planted. Beneficiaries indicated that the production and marketing constraints they faced included pests and diseases, lack of water, lack of market and poor prices. Program leaders must recognize the production and marketing constraints themselves as well as plan for the possibility that continual financial support for investment in the initial years of operation.

scholarly journals Economics of hybrid maize production in some selected areas of Bangladesh

1970 ◽  
Vol 35 (1) ◽  
pp. 83-93 ◽  
Author(s):  
MR Karim ◽  
M Moniruzzaman ◽  
QM Alam
Keyword(s):  
High Price ◽  
Variable Cost ◽  
Optimum Level ◽  
Gross Margin ◽  
Maize Production ◽  
Land Preparation ◽  
Total Variable Cost ◽  
Maize Cultivation ◽  
Human Labour ◽  
Hybrid Maize

The present study is an attempt to assess the existing agronomic practices of hybrid maize cultivation, its profitability, constraints, and factors affecting hybrid maize production. The majority of the total farmers sowed seeds during the first week of December. The average seed rate was found to be 20.94 kg per hectare. About 16 varieties were found to cultivate by farmers, of which majority farmers used NK-40 followed by Pacific-II. All kinds of fertilizer used by the farmers were below the optimum level of recommendation. About 33 and 28 percent of the total variable cost was for human labour and chemical fertilizer, respectively. The average yield of hybrid maize was found higher than the national average. The average gross margin was observed to be Tk. 28456 on total variable cost basis. The cost per kilogram of maize cultivation was Tk. 4.12 and return from one kilogram of maize production was Tk. 7.80. It is found that the coefficient of human labour, land preparation, irrigation, urea and borax have significantly impact on gross return. Timely non-availability of seeds, high price of fertilizer, and low price of yield were the major problems for hybrid maize production. Farmers cultivated hybrid maize because of higher yield, higher income, and easy growing. Keywords: Gross return; gross margin; profitability. DOI: 10.3329/bjar.v35i1.5869Bangladesh J. Agril. Res. 35(1) : 83-93, March 2010

scholarly journals Technical Efficiency and Small Scale Maize Producers in Mwanza Region: A Stochastic Frontier Analysis

2021 ◽  
Vol 9 (3) ◽  
Author(s):  
Mukole Kongolo
Keyword(s):  
Technical Efficiency ◽  
Best Practice ◽  
Stochastic Frontier Analysis ◽  
Stochastic Frontier ◽  
Likelihood Estimation ◽  
Estimation Procedure ◽  
Farm Size ◽  
Small Scale ◽  
Maize Production ◽  
Frontier Analysis

This study measured technical efficiency and its determinants in maize production by small-scale producers in Mwanza region, using a stochastic frontier production function approach. A randomly selected sample of participants in the two districts was used. The Maximum Likelihood estimation procedure was followed to obtain the determinants of technical efficiency and technical efficiency levels of small-scale maize producers. The minimum and maximum values of technical efficiency were between 20% and 91%, indicating that the least practices of specific producer operates at a minimum level of 20%, while the best practice producers  operate  at 91% technical efficiency  level respectively. The summary results of the mean technical efficiency was 63%. The main determinants of technical efficiency were labour, farm size, producer’s experience, producer’s age, family size which were all positive and statistically significant. The findings suggest that the average efficiency of small-scale maize producers could be improved by 37% through better use of existing resources and technology. These findings highlight the need for action by government to assist small-scale maize producers improve efficiency.

ANALISIS HOME INDUSTRI PEMBUATAN KERUPUK OPAK DI DESA JAYA BAKTI KECAMATAN MADANG SUKU I KABUPATEN OKU TIMUR

2019 ◽  
Vol 5 (01) ◽  
pp. 1-9
Author(s):  
Agoes Thony
Keyword(s):  
Production Cost ◽  
Added Value ◽  
Variable Cost ◽  
Fixed Cost ◽  
Total Production ◽  
The Sun ◽  
Labor Costs ◽  
Family Labor ◽  
One Year ◽  
Break Even Point

The objectives of this study were to: 1) determine the technique of making opak crackers in Jaya Bakti Village, Madang Suku I District, East OKU Regency, 2) determine the income and break-even point of the home industry for making opak crackers in Jaya Bakti Village, Madang Suku I District, East OKU Regency , 3) knowing the added value of the home industry for making opak crackers in Jaya Bakti Village, Madang Suku I District, East OKU Regency, 4) knowing whether the home industry for making opak crackers in Jaya Bakti Village, Madang Suku I District, East OKU Regency is profitable and feasible to develop. The results showed that: 1) the technique of making opaque crackers is quite easy, namely by grated cassava, seasoned (garlic, coriander and salt), then molded and steamed for ± 2 minutes for one steaming opaque cracker, then dried in the sun for ± 2 days, after the raw dry opaque crackers are packaged and then marketed. So, the process of making opak crackers takes ± 5 days, 2) the revenue obtained from the home industry for making opak crackers is IDR 735,000 / PP, with a production cost of IDR 501,362 / PP, with a fixed cost of IDR. 69,444, - / PP and a variable cost of 428,000, - / PP, then the income is Rp. 233,638 .- / PP or Rp. 1,401,828 .- / month, 3) the added value in making opak crackers is Rp. 333,638, - / PP obtained from revenue less intermediate costs. The intermediate cost is obtained from the total production cost, namely Rp. 501,362, - / PP minus family labor costs of Rp. 100,000, - / PP so that the total intermediate cost is Rp. 401,362, - / PP, 4) the level of profit based on the acceptance of the value is more than 1, namely the R / C Ratio of 1.47 which means that the opaque cracker home industry is profitable. Meanwhile, based on the level of profit from income the value is more than the prevailing bank interest rate, namely B / C Ratio of 0.47, which means that the home industry for making opaque crackers is non feasible. The production BEP value is Rp. 53.27, - / kg / PP, the BEP value of Rp. 559,361, - / PP, and the BEP value is Rp. Rp. 4.386, - / kg / PP, so this business can be said to be functionally feasible. In addition, the total assets invested in the home industry during the year or the ROI value resulted in a profit of 0.38%, meaning that for the home industry, opaque cracker making for one year generated a profit of 0.38%.

Assessment of profitability and risk management in vegetable production in Ogun State, Nigeria

2021 ◽  
Vol 1 (2) ◽  
pp. 029-035
Author(s):  
Akinbola Adeyose Emmanuel
Keyword(s):  
Risk Management ◽  
Fertilizer Application ◽  
Sampling Procedure ◽  
Study Data ◽  
Least Square ◽  
Farm Size ◽  
Farm Income ◽  
Vegetable Production ◽  
Gross Margin ◽  
Ogun State

The study examined the performance and risk management of vegetable production in Ogun State, Nigeria. A multistage sampling procedure was used to select 120 respondents for the study. Data were collected through a well-structured questionnaire and personal interview schedule. Descriptive statistics and inferential statistics such as Ordinary Least Square (OLS) were used for the analysis of this study. The results found out that lack of discriminating pricing system, conflict in policy making, and high cost of inputs affect the market prices and as well serve as the main production risks that were observed by the farmers in the area. The average cost incurred for the production was about ₦6,908, while the total revenue accrued was ₦41,751. The gross margin and net farm income realized per production season were ₦36,973 and ₦34,843, respectively. The value (6.0) of return on investment showed that farmers realized times six of their investment. The variables such as household size, farm size, fertilizer application and equipment were the main determinants of vegetable production in the area. Also, the main challenges faced by the farmers were the infestation of pests and diseases, inadequate funds and climate change consequences. Therefore, it is recommended that the vegetable farmers should be encouraged through technical training on innovative approach to price determination and forming of functioning market structure in the area.

scholarly journals Small-Scale Turkey Farming in Bangladesh: Farming Practices, Profitability and Supply Chain Mapping

2020 ◽  
Vol 2 (2) ◽  
pp. p28
Author(s):  
Muhammad Abdur Rashid ◽  
M Rasheduzzaman ◽  
MSK Sarker ◽  
S Faruque ◽  
Md Salauddin Palash ◽  
...  
Keyword(s):  
Supply Chain ◽  
Primary Data ◽  
Variable Cost ◽  
Small Scale ◽  
Fixed Cost ◽  
Cost Ratio ◽  
Arithmetic Means ◽  
Profitability Analysis ◽  
Statistical Measures ◽  
Commercial Purpose

The study was conducted to know the existing turkey production system, supply chain mapping, and identifying the prospects and problems of turkey rearing in some selected areas of Bangladesh during October 2019 to December 2019. A total of 100 turkey raisers were surveyed following convenience method of sampling technique. The primary data were collected, analyzed accordingly and tabular presentation method was applied with the help of simple descriptive statistical measures e.g. frequency distributions, percentage, sum and means to illustrating the results. Profitability analysis was done on the basis of variable cost, fixed cost, return by using arithmetic means and percentages. The study revealed that 87 male and 13 female respondents were surveyed, of them cent percent found educated. About 56% turkey keeper’s main occupation was business, 27% service and 12% in farming while 88.57% involved with farming as secondary sources of income. Average landholding for homestead, cultivable and non-cultivable was 24.40, 129.71 and 29.47 decimal, respectively. About 59% farms started for commercial purpose, 32% for non-commercial purpose and 9% for both. About 60% respondents kept less than 50 turkeys and only 2% kept 501-1000 turkeys. Among the surveyed farms55% stopped their operation and 45% farms found running their business. Among the running farms cent percent were small-scale group. The average feed intake was 192.13 grams per day per bird at 20 weeks of age. Turkey laid on an average 139 eggs a year irrespective of variety and for hatching poults, the fertility and hatchability rate found between 65 to 100% and 50 to 90%, respectively. About 28% farmers experienced the deaths of turkey because of Cold, Pox, Ranikhet, Bird flu and unknown cases and 69.47% farmers took veterinary advice from Upazila Livestock Hospital and rest from other sources. Farmers to consumers were the most common and widely used marketing channel for egg, chick and adult turkey. The market intermediaries of turkey farm carried out different marketing functions e.g. buying and selling, pricing, transportation, sorting, distribution and market information. The average net return and benefit-cost ratio was BDT 127838.04 and 1.38, respectively for 50 turkeys per year. In the study, turkey rearing found some comparative benefit over chicken and ducks e.g. higher weight gain, forage eater, lower diseases rate and suitability for the country. The main problem of turkey rearing identified as market instability, lack of quality turkey feed, higher feed price, lack of proper marketing facility and training on turkey farming. In conclusion, the small-scale turkey farming could be a viable source of income for the rural people of Bangladesh after taking some remedial steps by the Government of Bangladesh for the aforesaid hindrances faced by the turkey farmers.

scholarly journals Corn farming analysis in Babar Island, District of Babar Islands, Southwest Maluku Regency

2021 ◽  
Vol 883 (1) ◽  
pp. 012082
Author(s):  
S F W Thenu
Keyword(s):  
Survey Methods ◽  
Production Costs ◽  
Variable Cost ◽  
Fixed Cost ◽  
Cropping Pattern ◽  
Labor Costs ◽  
Land Rent ◽  
Cost Component ◽  
Corn Production ◽  
The Cost

Abstract Babar Island is corn production center in District of Babar Islands. Maize is the dominant food commodities and a major food source for the community. Corn is the dominant crop commodity in Barbar Island and become staple food for the community. The farming are traditional and subsystems to meet farmers household needs and the excess (if any) will be sold but in very limited quantities. However the sales purpose is not commercial but just to meet the households needs that can not be substituted by other goods and only by few farmers if necessary. The farming is carried out on slash and burn dry land by polyculture cropping pattern that is combination of annual and perrenial crops. This study aimed to examine the feasibility and profitability of corn farming in Barbar island, using survey methods with stratified random sampling technique. The results showed that the cost of corn production in Barbar Island, district of Barbar Islands, South West Maluku Regency is consisted of fixed cost and variable cost. The fixed cost components is including : equipment depreciation costs and land rent costs. The variable costs includes : inputs costs (seeds, fertilizers, chemical) and labor costs. Variable costs is the largest cost component for corn farming. Corn farming is profitable and viable, as indicated by the average income Rp.2.647.396 compared to the average cost incurred by farmers Rp.2.520.934 and BC ratio of 1.05. This means that the production costs of Rp.2.520.934 will generate benefit 1.05 times of the cost.

scholarly journals PERHITUNGAN HARGA POKOK PRODUKSI KERIPIK BAYAM DENGAN METODE FULL COSTING (Studi Kasus Industri Rumah Tangga Keripik Bayam di Kelurahan Mugirejo Kecamatan Sungai Pinang Kota Samarinda) (The Calculation of Production Basic Price of Spinach Chips By Full Costing Method (Case Study at Household Industry of Spinach Chips in Mugirejo Urban Village Sungai Pinang Subcity Samarinda City))

2019 ◽  
Vol 2 (1) ◽  
pp. 35
Author(s):  
DINA LESMANA ◽  
ANGGUN SAPUTRI
Keyword(s):  
Secondary Data ◽  
Production Costs ◽  
Raw Material ◽  
Added Value ◽  
Variable Cost ◽  
Fixed Cost ◽  
Labor Costs ◽  
Urban Village ◽  
Basic Price

The high added value is obtained by agro-industry entrepreneurs increase competition. An effort has made to increase profit  is processing spinach into spinach chips. The purpose of this study was to calculate the production basic price. Research was conducted from August to October 2018 in the home industry spinach chips in Mugirejo Urban Village, Sungai Pinang Subcity, Samarinda City. The data collected was primary and secondary data. Method of data analysis used the full costing method. The result of the study showed that the production costs incurred by home industry of the spinach chips monthly including raw material costs of IDR1,511,000.00; direct labor costs of IDR2,500,000.00; variable cost of factory overhead of Rp755,000.00; and fixed cost of factory overhead of IDR306.583,33. The calculation result of basic price monthly in household industry of spinach chips is IDR5,072,583.33. The monthly sales is IDR16,500,000.00 and the monthly profit obtained by the household industry of spinach chips is IDR11,427,416.67.

scholarly journals Waste management practices and profitability analysis of poultry farming in Mymensingh district: A socioeconomic study

2019 ◽  
Vol 17 (1) ◽  
pp. 50-57
Author(s):  
Manasi Modak ◽  
Emdadul Haque Chowdhury ◽  
M Saidur Rahman ◽  
M Nahid Sattar
Keyword(s):  
Waste Management ◽  
Management Practices ◽  
Health Hazard ◽  
Variable Cost ◽  
Small Scale ◽  
Fixed Cost ◽  
Cost Ratio ◽  
Poultry Waste ◽  
Profitability Analysis ◽  
Poultry Farming

Poultry manure is a hazard to the environment and health due to the release of toxic substances as well as pathogenic microorganisms. The present study was undertaken to assess the current scenario of poultry waste management considering its social as well as environmental and health hazards. A questionnaire based survey was conducted in 36 commercial poultry farms (which included 15 broiler, 14 layer, 3 cockerel and 4 mixed farms) in Mymensingh district from February to June 2016. Most of the broiler and layer farms had between 500 to 2000 birds, while most of the cockerel farms had between 3000 to 4000 birds. The study showed that 69 percent of the poultry farmers were unaware of the health and environmental problems of the poultry waste. Majority of the small scale farmers disposed their droppings to fish ponds (31 percent) and agricultural farms (16 percent) directly, while only 6 percent farmers used those droppings in biogas plant. However, 53 percent farmers had knowledge about hygienic handling of poultry dropping, although only 19 percent of them used protective gloves during dropping handling. The profitability analysis revealed that average variable cost and fixed cost per farm per year were TK. 2,17,355 and TK. 3,93,106, respectively. The benefit cost ratio per farm per year poultry farming was 1.55. Considering the findings, it is suggested that proper poultry waste management could be highly beneficial for the farmers. On the other hand, improper dispose of poultry litter could be a cause for social, environmental and public health hazard. J. Bangladesh Agril. Univ. 17(1): 50–57, March 2019

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