scholarly journals Effect of Ondo State Agricultural Inputs Supply Agency on profitability of crop farmers in Owo Lga, Ondo State, Nigeria

Agro-Science ◽  
2021 ◽  
Vol 21 (1) ◽  
pp. 15-21
Author(s):  
A.A. Odeyemi ◽  
O. Adetarami ◽  
S.B. Johnson ◽  
B.A. Oyebamiji
Keyword(s):  
Sampling Procedure ◽  
Easy Access ◽  
Farm Income ◽  
Cost Ratio ◽  
Food Crop ◽  
Benefit Cost Ratio ◽  
Input Demand ◽  
Ondo State ◽  
Benefit Cost ◽  
Structured Questionnaire

This study assessed the effect of Ondo State Agricultural Inputs Supply Agency (OSAISA) on the profitability of crop farmers in Owo Local Government Area of Ondo State, Nigeria. The study specifically described the socio-economic characteristics of arable crop farmers, compared the profitability of OSAISA patronizing food crop farmers (PF) and non-patronizing food crop farmers (NPF) and identified the various constraints encountered by patronizing farmers in dealing with OSAISA. One hundred and twenty food crop farmers random sampling procedure. Information was obtained from the respondents using a well-structured questionnaire. Data collected were analyzed with both descriptive statistics and budgeting technique. Findings revealed that 88.3% and 86.7% of the PF and NPF, respectively were males. About 50.0% of PF and 56.7% of NPF were between 41 and 50 years of age. The net farm income of the PF was greater than the NPF and benefit cost ratio for PF was more sustainable and viable than that of NPF. The major constraint faced by the OSAISA’ PF was inadequate capital to purchase the desired inputs. Based on the results, the study concludes that OSAISA contributes tremendously to the profitability of patronizing farmers in the study area. It is, therefore, recommended that farmers should be given easy access to acquire loan to meet their input demand and farming business in general; including adequate and timely supply of inputs for effective and efficient productivity.

scholarly journals Profitability of betel leaf (Piper betle L.) cultivation in some selected sites of Bangladesh

2015 ◽  
Vol 40 (3) ◽  
pp. 409-420 ◽  
Author(s):  
QMS Islam ◽  
MA Matin ◽  
MA Rashid ◽  
MS Hoq ◽  
Moniruzzaman
Keyword(s):  
Easy Access ◽  
High Price ◽  
Piper Betle ◽  
Cost Ratio ◽  
Leaf Production ◽  
Benefit Cost Ratio ◽  
Betel Leaf ◽  
High Initial Cost ◽  
Rot Disease ◽  
Benefit Cost

The study was conducted in four betel leaf growing areas, namely Barisal, Chittagong, Rajshahi and Kustia district during 2013-14 to assess the cultivation practices, physical productivity, profitability, and to explore the constraints to betel leaf cultivation. The study has been designed to investigate the economics of betel leaf production considering intensive cultivated areas for recent information in Bangladesh. From each district, two upazilas were selected considering the concentration of betel leaf growers and easy access. Also from each upazila, two blocks and from each block 20 farmers were selected with the consultation of Upazila Agriculture Officer and Sub Assistant Agriculture Officer. The study revealed that betel leaf cultivation was profitable in the study areas, although BCR in the first and second years was below one which was due to high initial cost. The highest yield and gross return of betel leaf cultivation were in the fifth year. The benefit cost ratio was found highest in 6-10 year followed by 5th and 11-15 year. The benefit cost ratio at 12%, 15% and 20% rate of interest were 1.27, 1.25 and 1.21 respectively. Internal rate of return (IRR) was calculated 62% in current situation, IRR 37% was found by 10% decrease of return and 39% by 10% increase of cost. The problems like leaf rot disease, high price of boroj materials, low price of betel leaf, high price of oilcake, etc. were facing by the betel leaf farmers.Bangladesh J. Agril. Res. 40(3): 409-420, September 2015

scholarly journals Economic analysis of tilapia farming in some selected area of Dinajpur District: A comparison between monoculture and polyculture

2019 ◽  
Vol 17 (1) ◽  
pp. 117-121
Author(s):  
Zannatul Ferdoushi ◽  
Zubaida Parveen Patwary ◽  
Yeasmin Ara ◽  
Masud Rana
Keyword(s):  
Study Data ◽  
Cost Ratio ◽  
Average Total Cost ◽  
Total Cost ◽  
Face To Face ◽  
Benefit Cost Ratio ◽  
The Cost ◽  
Benefit Cost ◽  
Production Period ◽  
Structured Questionnaire

The study was conducted to assess the cost and return from tilapia farming. Fifty homestead aquaculture ponds practicing monoculture and polyculture of tilapia (25 farmers from each category) were selected for this study. Data had been collected through face to face interview by using a structured questionnaire during April to September 2015 from the selected farmers of Dinajpur districts. The results from the survey revealed that both the tilapia monoculture and polyculture farming were profitable. However, the average total cost per hectare per production period was found higher (Tk. 332,712.08) in tilapia monoculture than tilapia culture with carps (Tk. 241,722.34). Moreover, the net margin was also found higher in tilapia monoculture with benefit cost ratio 1.51. Whereas, the benefit cost ratio in polyculture farming was 1.34. J. Bangladesh Agril. Univ. 17(1): 117–121, March 2019

scholarly journals Optimum poultry enterprise combinations among small holder farmers in Osun State, Nigeria

2021 ◽  
Vol 44 (3) ◽  
pp. 167-177
Author(s):  
T. T. Awogboro ◽  
W. A. Yusuf ◽  
S. A. Yusuf
Keyword(s):  
Programming Model ◽  
Primary Data ◽  
Farm Income ◽  
Cost Ratio ◽  
Benefit Cost Ratio ◽  
Feed Cost ◽  
Small Holder Farmers ◽  
Poultry Farmers ◽  
Benefit Cost ◽  
Small Holder

Poultry farmers are confronted with choice for efficient allocationof farm resources between the different enterprises so as to optimize production objectives. The study therefore, was focused on optimum poultry enterprise combinations among small holder farmers in Osun State, Nigeria. Primary data were collected using questionnaires and were analyzed using descriptive statistics, budgetary technique and linear programming model. Of the seven poultry enterprises identified, the most profitable enterprise combination was that of layers/broilers with a benefit cost ratio of 1.92 while the enterprise that yielded the least net farm income was the sole cockerel which had a benefit cost ratio of 1.57.The profitability of sole and combined poultry enterprises was limited by high cost of production in which the feed cost constitutesmore than three-quarter of the total cost. Although, the optimal poultry enterprise combination was layers/broilers, the farmers in the study area attested to the fact that poultry business was still highly profitable.It is therefore recommended that both farmers and government must partner to find a means of reducing feed cost by financing poultry research. Also, poultry farmers should concentrate and intensify their poultrycombination practices especially that of layers/broilers, which may be the appropriateoptimal combination enterprise.

scholarly journals Profitability, input demand and output supply of tilapia production at Trishal upazila of Mymensingh district in Bangladesh

2018 ◽  
Vol 29 (3) ◽  
pp. 248-258 ◽  
Author(s):  
S Islam ◽  
JR Sarker
Keyword(s):  
Economic Development ◽  
Market Price ◽  
Cost Ratio ◽  
Fish Feed ◽  
Profit Function ◽  
Market Prices ◽  
Benefit Cost Ratio ◽  
Index Analysis ◽  
Input Demand ◽  
Benefit Cost

Fisheries sector has high potential for the economic development of Bangladesh. Bangladesh earns a considerable amount of foreign currencies by exporting fish, shrimps and other fisheries products. This study addresses profitability of tilapia production using benefit cost ratio. The study also examines input demand and output supply of tilapia farming in Bangladesh by applying a profit function approach. Results revealed that benefit cost ratio is greater than 1, means that tilapia production is profitable in the study area. Tilapia farmers are also responsive to changes in market prices of inputs and outputs. Tilapia price is the most dominant determinant of output supply and input demand. A 1% increase in tilapia price will increase output supply by 3.836% and increase demand for lime, fingerlings, feed and labour by 0.941%, 0.987%, 0.523% and 1.00%, respectively. Problem facing index analysis shows major problems faced by the farmers were low market price of tilapia, high prices of fish feed with adulteration and inadequate supply of good quality fry. Progressive Agriculture 29 (3): 248-258, 2018

scholarly journals Costs and Returns Analysis of Maize Production in Lere Local Government Area of Kaduna State, Nigeria

2020 ◽  
pp. 45-54
Author(s):  
U. F. Yahaya ◽  
U. U. Emeghara ◽  
N. E. Onwuegbunam ◽  
R. Akanni- John ◽  
O. E. Olagunju ◽  
...  
Keyword(s):  
Local Government ◽  
Formal Education ◽  
Sampling Procedure ◽  
Local Government Area ◽  
Farm Income ◽  
Cost Ratio ◽  
Maize Production ◽  
Benefit Cost Ratio ◽  
Pests And Diseases ◽  
Farm Inputs

This study was carried out to estimate costs and returns associated with maize production in Lere local government area of Kaduna state. Data were collected from a sample of 100 maize farmers selected through multi-stage sampling procedure using questionnaire and data collected were analyzed using simple descriptive statistics and net farm income analysis. The result showed that 82% were in their working age of between 21-50 years, majority of the farmers 53% were married, 91% had formal education, in terms of farming experience, majority (68%) of the respondent had farming experience that is above one year. The result revealed that maize farming is profitable investment in the study area with a total return of N 194,545.00 and net farm income of N 81,275.00 per hectare with a benefit cost ratio of 1.72 and a return on capital invested of 0.42. All the farmers identified maize as an important source of food to households in the study area. However maize farming is facing several constraints such as lack of capital (73%), high cost of farm inputs (69%), lack of credit facilities (67%), inadequate storage facilities (53%), inadequate processing facilities (50%), incidence of pests and diseases infestation (46%), poor road network (40%) and poor extension services (33%). Therefore, it is recommended that credit facilities    should be provided so that farmers can have fund to purchase farm inputs such as fertilizer, pesticides and insecticides and be able to employ adequate labour, storage and processing facilities such as silo and shelling machine should be made available to farmers at subsidized and affordable price as a form of government intervention, adequate workshops and seminars especially on training farmers on  methods of weed and pests control should be organized by extension agents and farmers should  be encouraged to form themselves into cooperative groups so that they can pool their resources together in getting adequate funds to finance maize production activities.

scholarly journals On-Farm Verification of Peanut Varieties in Rainfed and Lahar Laden Areas of Pampanga, Philippines

2014 ◽  
Vol 18 (1) ◽  
Author(s):  
Mary Grace B. Gatan ◽  
Virgilio Dm. Gonzales
Keyword(s):  
Block Design ◽  
High Yield ◽  
Farm Income ◽  
Cost Ratio ◽  
Benefit Cost Ratio ◽  
Resistant Varieties ◽  
Cropping Seasons ◽  
Market Preference ◽  
Benefit Cost ◽  
On Farm

Lahar sediment areas represent drought-prone growing ecosystems due to their sandy texture and low organic matter.  Peanut, a rainfed crop has been a common option in such areas, where yields are usually less than 1.0 t ha-1.  Hence, on-farm trials were conducted in farmers’ field to introduce and evaluate the drought-resistant varieties in relation to yield performance, reaction to diseases, profitability, farmers’ acceptability and market preference. Introduced varieties were the pink-seeded NSIC Pn11 and red-seeded ICGV 99046 which were compared with red-seeded farmers’ variety in wet and dry seasons. Varieties were arranged in randomized complete block design of four replicate farms. Pod yield of introduced varieties ranged from 2.4 to 3.0 tons/ha, higher than the yield obtained in farmers’ variety (1.7-1.9 tons/ha) in both seasons.  ICGV 99046 recorded the highest yield across two cropping seasons (2.9-3.0 tons/ha).  High yield of introduced varieties was associated with greater pod number per plant, higher 100-seed weight, higher shelling percentage, longer number of days to maturity, and resistance to fungal diseases.  Net farm income from adopting introduced peanut varieties was 123-230% higher than that obtained using farmers’ variety. The growing of conventional farmers’ variety resulted to low benefit cost ratio of less than 1.0 while the use of introduced varieties generated a benefit cost ratio of more than 1.0. Red-seeded varieties are predominantly preferred by farmers and market entities.  The study demonstrated the advantage of adopting red-seeded ICGV 99046 for improving peanut yield, increasing farm income, and acceptability by farmers and market entities. Keywords— Agriculture, on-farm trial, Arachis hypogaea, lahar, rainfed, Pampanga, Philippines

Profitability analysis of small-scale fishing along Coastal Areas of Ondo State, Nigeria

2021 ◽  
Vol 20 (1) ◽  
pp. 41-50
Author(s):  
S.S. Ashley-Dejo ◽  
O.A.B. Adelaja
Keyword(s):  
Sampling Procedure ◽  
Coastal Areas ◽  
Small Scale ◽  
Cost Ratio ◽  
Output Level ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
Fishing Boat ◽  
Profitability Analysis ◽  
Ondo State

This study evaluated the profitability analysis of small-scale fishing along coastal areas of Ondo State, Nigeria. Structured questionnaire was used to collect data from 400 small-scale fishermen which were selected via multi-stage sampling procedure. Data collected was analyzed using descriptive statistics and profitability indicators. Results revealed that mean age of respondents was 39 years, among the fixed assets for fishing, outboard engine has the largest percentage cost (88.32%) while among variable assets, fuel has the largest percentage cost (67.16%). Profitability indicators such as Benefit Cost Ratio (BCR) 1.29, Gross margin ₦1,261,476.60k/fisherman/year, Return on Investment (ROI) 0.29, Net Profit Margin (NPM) 0.23 and Gross Revenue Ratio (GRR) 0.77 were used to estimate the profitability of small-scale fishing. The findings further revealed that fishing boat (1.284), outboard engine (0.352), fishing nets (1.342) and fuel (0.193) were positively and statistically significant at p<0.05 level with fish output level while accessories (floats, sinks and hooks) (0.142) was positively and statistically significant at p<0.1 with fish output level. The R2 value was 72.1% showing that the independent variable was well explained by the exogenous variables. Problems encountered by small-scale fishermen include inadequate infrastructural facilities, poor road networking system and inadequate credit facilities. Based on the findings, it was recommended that small-scale fishermen should organize themselves into cooperatives in order to increase their credit accessibility. Likewise, government should embark on construction of good road network in order to ease transportation of fish harvested to the neighboring towns.

scholarly journals Farmers’ Perception about ‘One House One Farm’ Project and Its Impact on Enterprise Profitability in Selected Areas of Mymensingh District

2016 ◽  
Vol 14 (1) ◽  
pp. 43-53 ◽  
Author(s):  
A Jannat ◽  
M T Uddin
Keyword(s):  
Data Collection ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Cost Ratio ◽  
Large Animal ◽  
Benefit Cost Ratio ◽  
Profitability Analysis ◽  
Benefit Cost ◽  
Structured Questionnaire

The study was conducted to identify farmers’ perception about ‘one house one farm’ project and its impact on enterprise profitability in Mymensingh district. A total of 90 farmers were selected randomly as the sample of the study for collecting necessary primary data. Forty five farmers under this project and another forty five non-project farmers were selected. Structured questionnaire was used for data collection. Descriptive statistics (i.e., mean, percentages, ratios, etc.), perception index, profitability analysis were employed to attain the objectives. The overall perception of project farmers about ‘one house one farm’ project was moderate. On the contrary, the perception was slightly moderate for the non-project farmers. The benefit cost ratio was higher for every production enterprise for project farmers than non-project farmers except for large animal rearing. The study identified some problems faced by the farmers in adopting the project as well as who were not adopting this project and probable solutions relating to those problems were also documented.The Agriculturists 2016; 14(1) 43-53

scholarly journals Comparative analysis of chickpea with boro rice in drought-prone areas of Bangladesh

2021 ◽  
Vol 10 (2) ◽  
pp. 21-28
Author(s):  
ST Siddique ◽  
M Kamruzzaman ◽  
SC Sharna
Keyword(s):  
Positive Impact ◽  
Farm Size ◽  
Farm Income ◽  
Cost Ratio ◽  
Probit Regression ◽  
Negative Effects ◽  
Benefit Cost Ratio ◽  
Human Labor ◽  
Benefit Cost ◽  
Boro Rice

The study is conveyed to compare the profitability of chickpea and boro rice in Rajshahi district, which is one of the most drought-prone areas of Bangladesh. In this study, a total of 180 farmers (90 chickpea growers and 90 boro rice growers) are used as sample respondents, and data were collected by using a structured questionnaire in 2019. A probit regression model is used to find out the determinants that affect the cultivation of chickpea and boro rice. The important finding of this study is that the Benefit-Cost Ratio for chickpea and boro rice production is 1.88 and 1.05, respectively. The results indicate that chickpea cultivation is more profitable than boro rice cultivation. Besides, the study reveals that occupation, farm size, and seed have a positive impact while family size, human labor, and irrigation have negative effects on farmer’s decision to cultivate chickpea cultivation rather than boro rice. It is, therefore, concluded that the farmers should be encouraged to grow more chickpea rather than boro rice as a means of increasing farm income through crop diversification program. Int. J. Agril. Res. Innov. Tech. 10(2): 21-28, December 2020

scholarly journals Pemberdayaan Masyarakat melalui Proyek Gaduhan Sapi Potong di Kecamatan Oba Tengah dan Oba Utara, Tidore Kepulauan, Maluku Utara (Project of Cattle Sharing System as a Means for Community Development in Oba Tengah and Oba Utara Subdistricts, Tidore Kepula

2012 ◽  
Vol 33 (1) ◽  
pp. 40
Author(s):  
Supriyanti Djaelani ◽  
Rini Widiati ◽  
Krishna Agung Santosa
Keyword(s):  
Net Present Value ◽  
Effective Means ◽  
Community Empowerment ◽  
Farm Income ◽  
Family Management ◽  
Cost Ratio ◽  
Average Income ◽  
Family Investment ◽  
Benefit Cost Ratio ◽  
Benefit Cost

<p>To financially evaluate the Project of Cattle Sharing System in Oba Tengah and Oba Utara subdistricts, Tidore Kepulauan, Maluku Utara, a survey was conducted on 30 respondents purposively sampled using questionnaires. Data were analyzed using the criteria of benefit/cost ratio (BCR), net present value (NPV), internal rate of return (IRR) and net farm income of individual farmers whether or not participating the project. Using interest rate of 12% within four years when the farmers do not participate the project, resulted in the NPV of Rp. 17,185,232; when the farmers participate the project resulted in the NPV of Rp. 25,492,426, meaning there was an income increase of 67.41% and the increase of employment was found to be 5.34%. Average income share per year coming from project of cattle sharing system was Rp. 3,611,250 aside from family labor income, family investment income and family management income. It is concluded that the project of cattle sharing system is an effective means of community empowerment in terms of income, employment and the increase of cattle population.</p><p>(Key words: Empowerment, Cattle sharing system, Income)<br /><br /></p>

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