scholarly journals Socio-economic characteristics of registered cocoa farmers in Edo State, Nigeria

2016 ◽  
Vol 20 (2) ◽  
pp. 261-266
Author(s):  
C.O. Osarenren ◽  
J.O. Ejuetueyin ◽  
K.I. Eweka
Keyword(s):  
Large Scale ◽  
Formal Education ◽  
Sampling Technique ◽  
Primary Data ◽  
Farm Income ◽  
Cost Ratio ◽  
Gross Margin ◽  
Cocoa Production ◽  
Edo State ◽  
Cocoa Farmers

This study examined the socio-economic characteristics of registered cocoa farmers in Edo State; Nigeria. Primary data was collected using a well structured questionnaire administered to 180 registered cocoa farmers selected using a multi-stage sampling technique. Data were analyzed using descriptive statistics and budgetary technique. Results showed that 88.9% of cocoa farmers were male with a mean range of 46 years with 75% being married and 88.8% having formal education. The budgetary technique was used to determine the profitability of cocoa production, which was found to be profitable in the study area at a gross margin of N66, 350, Net Farm Income of N59, 200, and net return on investment of N 1.11.The Benefit Cost Ratio and Expense Structure Ratio of 2.11 and 0.12 respectively indicated that cocoa production was economically profitable and viable since the BCR is greater than 1 and the Gross Ratio (GR) of cocoa production is 0.47. From these profitability ratios, it shows that cocoa production is a profitable business in the study area. Inadequate finance to operate on large scale was found to be the major constraint to the cocoa farmers in the study area. The study concludes that cocoa production is profitable and was recommended that production could be improved and sustained through provision of soft loans to the farmers.Keywords: socio-economics, characteristics, registered cocoa farmers

Revisiting the profitability and technical efficiency of cocoa production amidst economic diversification program of the Nigerian Government

2018 ◽  
Vol 8 (1) ◽  
pp. 186-200 ◽  
Author(s):  
Wasiu Olayinka Fawole ◽  
Burhan Ozkan
Keyword(s):  
Sampling Technique ◽  
The Body ◽  
Primary Data ◽  
Production Environment ◽  
Social Implication ◽  
Gross Margin ◽  
Content Type ◽  
Foreign Earnings ◽  
Cocoa Production ◽  
Cocoa Farmers

Purpose The purpose of this paper is to assess how profitable and technically efficient is cocoa enterprise in Ondo State of Nigeria especially amidst the ongoing diversification program of the current administration in Nigeria. Design/methodology/approach The study made use of primary data collected with the aid of structured questionnaires. The multistage random sampling technique was used to select the sample for the study. Data collected during the survey were analyzed by both descriptive and inferential techniques. A total of 140 respondents who were majorly cocoa farmers were selected for this study with data on their socioeconomic characteristics and input utilization taken and subsequently analyzed. Findings This study found that the cocoa enterprise in the study area was efficient and profitable with rooms for improvement, especially in the areas of labor and input used as identified by the outcome of the study. The average yield, total revenue, gross margin and efficiency ratio were 1.2 ton/ha, ₦1,344,000.00/ha, ₦1,071,717.00/ha and 0.36, respectively. The highest, average and least technical efficiencies among farmers in the study area were 98.86, 88.81 and 75.12 percent, respectively. It was also discovered that none of the farmers investigated operated at 100 percent, confirming that there are still rooms for improvement in the production processes in the study area by adopting modern methods of production and replacement of the old breeds with resistant and high yielding breeds. Research limitations/implications The major limitation of this study was that the study sample is quite smaller and could as well not be used to make a strong policy case for the topic under consideration. However, as it is found among the majority of cocoa farmers in Nigeria, they mostly operate under the same conditions of production which suggests that the outcome of this research is not meaningless, considering the similarities in the production environment and other factors of production among cocoa farmers in Nigeria. It is therefore strongly recommended that future studies take into consideration this limitation and address it appropriately by widening the scope and sample for the study as this will go a long way in giving true representation as regarding the topic under consideration. Social implications The social implication of this study has to do with the employment opportunities that will be created for the teaming youths if the cocoa enterprise is made to attract them by creating enabling environment as recommended by the study. When quantity of production is improved, it will create additional income for the farmers and also provide foreign earnings to government. Originality/value This study is strictly original, considering its content and the contribution it is making to the body of knowledge. The study will be contributing to the knowledge by pointing out the potentials inherent in cocoa production as especially coming at a time when the price of crude oil that provides over 80 percent of Nigerian foreign earnings is down and the cocoa price is not only high but also stable at the international market.

scholarly journals Tribal womens involvement with pig farming in Bangladesh: an evidence of Moulvibazar district

2018 ◽  
Vol 16 (1) ◽  
pp. 115-127
Author(s):  
R Khanum ◽  
MSA Mahadi ◽  
MS Islam
Keyword(s):  
Low Income ◽  
Farm Size ◽  
Primary Data ◽  
Farm Income ◽  
Cost Ratio ◽  
Gross Margin ◽  
Factors Affecting ◽  
Model Average ◽  
Pig Farming ◽  
Benefit Cost

The study examined the profitability and factors affecting farm income from pig farming in Moulvibazar district of Bangladesh. A multistage sampling technique was followed to select 70tribal women entrepreneurs involved with pig farming. Primary data were collected through structured questionnaire and analyzed using descriptive statistics, independent sample t-test, benefit-cost analysis, and linear regression model. Average age of pig entrepreneurs was 39.47 years which indicates that they are young and agile. About 71% of Garo entrepreneurs had experience for pig farming. The cost and return analysis showed that in one year, the gross margin was Tk. 56743.70, while the benefit-cost ratio (BCR) was 1.19 indicating that the enterprise is profitable. Regression analysis revealed that three variables namely farm size, age of the respondent and experience of pig farming are significant factors affecting farm income. Thus, it was recommended that tribal women should be encouraged to practice pig farming to overcome their low income and unemployment situation.SAARC J. Agri., 16(1): 115-127 (2018)

scholarly journals ECONOMICS OF CATFISH PRODUCTION IN EKEREMOR LOCAL GOVERNMENT AREA, BAYELSA STATE, NIGERIA

2021 ◽  
pp. 89-105
Author(s):  
Godfrey Onuwa ◽  
Bassey Emmanuel ◽  
Victor Fatoke ◽  
Ubana Eshimutu ◽  
Grace Owa
Keyword(s):  
Formal Education ◽  
Organic Fertilizer ◽  
Stocking Density ◽  
Analytical Techniques ◽  
Primary Data ◽  
Farm Income ◽  
Cost Ratio ◽  
Access To Credit ◽  
Benefit Cost Ratio ◽  
Returns On Investment

Catfish farmers are facing new barriers in both their production and returns on investment. Despite its potentials, the level of fish production has failed to meet domestic demand. This study aims to analyze the determinants of catfish production so as to boost the level of farm productivity and profitability. Random sampling techniques were employed in selecting the respondents for this study. Primary data was collected using structured questionnaires. Descriptive statistics, budgetary techniques and multiple regression analysis were the analytical techniques employed. The results indicated that most (58.3%) were within the age bracket of 20-39 years; 63.3% were male; most (75%) used organic fertilizer; 45% had no access to credit; most (75%) had formal education; 83.3% used earthen ponds; 83.3% were married; most (58.3%) had household population of 1-5 people; 66.7% had farming experience of 1-5 years; 75% hired labour; 91.7% had no access to extension contact; 58.3% had pond size of 1-400 sqm and most (58.3%) had stocking density of 1001-2000 fingerlings. The net farm income was ₦433,000/400sqm. Also, the estimated fixed and operating ratios were 0.43 and 0.67 respectively, while the benefit- cost ratio was 1.67. The coefficient of multiple determination (R2) was 0.839, hence 84% variation in the output is attributable to variables included in the regression model. Furthermore, the constraints identified affected catfish production in the study area. However, improved access and supply of feeds, credit, technology, market linkages, extension services, input subsidy, cooperative formation and training are strongly recommended.

scholarly journals PROFITABILITY ANALYSIS AND DETERMINANTS OF GROUNDNUT (Arachis hypogea) PRODUCTION IN DAMBATTA LOCAL GOVERNMENT AREA OF KANO STATE, NIGERIA

2020 ◽  
Vol 1 (1) ◽  
pp. 31-39
Author(s):  
C. G. Onuwa ◽  
S. S. Mailumo ◽  
S. Y. Muhammed
Keyword(s):  
Local Government ◽  
Sampling Technique ◽  
Local Government Area ◽  
Farm Size ◽  
Farm Income ◽  
Cost Ratio ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
Arachis Hypogea ◽  
Profitability Analysis

This study analyzed the profitability and determinants of groundnut production in Dambatta Local Government Area of Kano state. Multi-stage sampling technique was used in collecting data from eighty (80) respondents in the study area. The data generated were analyzed using descriptive statistics, farm budgeting model and regression analysis. The results revealed that the gross margin and net farm income of the farmers were N71400/ha and N59400/ha respectively. Also, the fixed and operating ratios were estimated at 0.1 and 0.41 respectively, while the benefit- cost ratio was N1.98. The coefficient of multiple determination (R2) was 0.739, implying that about 74% of the variation in the output of groundnut was accounted for by the explanatory variable inputs in the regression model. The regression coefficients of Farm size(X1) and Credit(X6) were positive and statistically significant at (p< 0.01), labour (X2) and Agrochemical(X5) were also positive and statistically significant at (p< 0.1), while Fertilizer(X4) was also positive and statistically significant at (p<0.05). The major constraints associated with groundnut production in the study area include; inadequate capital (86%), high cost of production inputs (83%) and lack of access to agricultural credit (78%). The study recommended that if these constraints are adequately tackled the productivity and profitability of the groundnut farmers will significantly improve. Onuwa, C. G. | Department of Agricultural Extension and Management, Federal College of Forestry, Jos, Plateau state, Nigeria

scholarly journals Contribution of Agroforestry to Farmers Wellbeing in Forest Enclave, Edo State, Nigeria

2020 ◽  
Vol 24 (8) ◽  
pp. 1363-1367
Author(s):  
C.A. Ojedokun ◽  
B.H. Ugege ◽  
R.I. Kolade ◽  
A.A. Tunde-Francis ◽  
F.A. Odediran
Keyword(s):  
Random Sampling ◽  
Formal Education ◽  
Effective Means ◽  
Sampling Technique ◽  
Cost Effective ◽  
Simple Random Sampling ◽  
Well Being ◽  
Primary Data ◽  
Chi Square ◽  
Edo State

Agroforestry has recently been experiencing a surge in interest as a cost-effective means to enhance food security and well-being. Thus there is a need to assess its contribution of to farmer’s wellbeing. Primary data needed for the study were collected through the administration of  questionnaires to agroforestry farmers. Purposive random sampling technique was used to select three forest enclaves in Edo state. A simple random sampling technic was used in the selection of respondents and a total number of 120 copies of questionnaires were administered. Datawere analyzed using descriptive statistics such as frequency counts and percentages and inferential statistics such as Chi-square, Pearson Product Moment correlations (PPMC). The study revealed that the mean age of the farmers in the area was 45.6years. Majorities (85.8 %) were male and 78.3% were married. with 54.2% having household size of between 4 - 6 persons. Majority (84.2%) had formal education. Also, 65.8% engage in agroforestry farming as their primary occupation. The results showed that there was positive and significant relationship between farmers’involvement in agroforestry and their economic wellbeing (χ2 = 76.27, P ≤ 0.001), material wellbeing (χ2 = 93.77, P ≤ 0.001), social wellbeing (χ2 = 73.00, P ≤ 0.001) and psychological wellbeing (χ2 = 132.63, P ≤ 0.001), respectively. It is therefore recommended that farmers should be encouraged to increase their farm holding and also organized themselves into association for them to have access to mechanized equipment  Keyword: Contribution, Agroforestry, Wellbeing, Farmers

COMPARATIVE ALLOCATIVE EFFICIENCY AND PROFITABILITY OF DIFFERENT SCALES OF POULTRY-EGG PRODUCTION IN JOS METROPOLIS, PLATEAU STATE, NIGERIA

2021 ◽  
Vol 4 (4) ◽  
pp. 259-273
Author(s):  
Solomon T. Folorunso ◽  
T. Omosebi ◽  
D. A. Agbonika
Keyword(s):  
Egg Production ◽  
Large Scale ◽  
Allocative Efficiency ◽  
Sampling Technique ◽  
Primary Data ◽  
Small Scale ◽  
Stochastic Production Frontier ◽  
Stochastic Production ◽  
Plateau State ◽  
The Government

The study compared the allocative efficiency and profitability of poultry-egg farmers in Jos metropolis of Plateau State, Nigeria, across different scales. To select 143 respondents, a two-stage sampling technique was used.   Using well-structured questionnaire and interview schedules, primary data on socioeconomic variables were collected. Collected data were analyzed using budgetary technique and stochastic production frontier model. Result of allocative efficiency showed the following: The mean allocative efficiency of the small, medium and large scales was 0.68, 0.12 and 0.11 respectively; the minimum allocative efficiency for small, medium and large scales was 0.30, 0.10 and 0.10 respectively. The maximum allocative efficiency was 0.59, 0.18 and 0.11 respectively for small, medium and large scale farmers. The profitability result indicated that egg production for small, medium and large-scale farms was profitable in the study area with N675, 671.79, N4, 897,236.09 and N16, 327,633.66 per farmer. The rate of return on investment per bird was found to be 19.51%, 31.21% and 83.13% respectively for small, medium and large farm sizes. For small, medium and large-scale farmers respectively, the capital turnover per bird was N 1.20, N1.31 and N1.83. Also, the profitability indices for the small, medium and large scales are N0.16, N0.24 and N0.45. The study recommends that; Farmers should be advised to increase production from small scale to large scale through policies that will promote such, special intervention is needed from the government at all levels through farmers’ cooperatives in the area of inputs subsidy, price efficiency of the farmers could

scholarly journals Comparative evaluation of economic benefits of adopters and non-adopters of improved fish production technologies in Oyo State, Nigeria

2020 ◽  
Vol 44 (2) ◽  
pp. 230-247
Author(s):  
S. S Ashley-Dejo ◽  
O. J. Olaoye ◽  
O. A. Adelaja
Keyword(s):  
Comparative Evaluation ◽  
Simple Random Sampling ◽  
Structured Interview ◽  
Economic Benefits ◽  
Primary Data ◽  
Cost Ratio ◽  
Fish Production ◽  
Gross Margin ◽  
Significant Difference ◽  
Production Technologies

This study assessed the Data were analyzed using descriptive statistics, budgetary analysis profitability ratios and inferential statistics. The study revealed that a Significant level of profit obtained from the study is evidence that adopters had more profit than non-adopters. comparative evaluation of economic benefits of adopters and nonadopters of improved fish production technologies in Oyo State, Nigeria. Primary data were collected with the aid of structured interview schedule administered to 222 active fish farmers using purposive and simple random sampling procedure. dopters of improved fish production technologies earned mean revenue of N4,873,521.29 with gross margin of N2,376,616.36 while non-adopters earned N3,347,719.08 with gross margin of N1,432,805.00. The results showed Benefit Cost Ratio (1.69 and 1.49), Rate of Return on Investment (0.69 and 0.49), Gross Revenue ratio (0.59 and 0.67), Expenses Structure Ratio (0.15 and 0.17) and Net Profit Margin (0.41 and 0.33) for both the adopters and non-adopters. There was a significant association between adoption of improved technologies and sex, educational level, occupation and marital status. Also, there was a significant relationship between adoption of improved technology and age, years of experience and house hold size. There was a significant difference between the profit level of adopters and non-adopters of improved technologies.

scholarly journals Benefit Cost Analysis of Different Rice Varieties in Kapilvastu District, Nepal

2019 ◽  
Vol 7 (2) ◽  
pp. 222-226
Author(s):  
Sundar Sapkota ◽  
Sanjib Sapkota
Keyword(s):  
Rice Variety ◽  
Household Survey ◽  
Primary Data ◽  
Cost Ratio ◽  
Gross Margin ◽  
Rice Varieties ◽  
Benefit Cost Analysis ◽  
Benefit Cost Ratio ◽  
Mountainous Regions ◽  
Benefit Cost

Rice is an annual plant belongs to family Poaceae. It is the major staple food crop of Nepal and can be grown from plain to mountainous regions of Nepal. The crop varieties differ from each other in terms of production cost, gross return and gross margin. The objective of this study was to analyze benefit cost ratio for production of different rice varieties. The study was carried out in Kapilvastu district of Nepal in 2018. A sample size of 120 respondents were selected randomly. Four different rice varieties: Gorakhnath, Radha-4, Ramdhan, and Sawa were used for the study. The primary data were collected through household survey using interview schedule. The data were analyzed using Statistical Package for Social Sciences and Microsoft Excel. The average cost of production was amounted to NRs. 77,100/ha for all four rice varieties. Sawa variety had the highest gross return (NRs. 1,01,212.5/ha). The benefit cost ratio was observed highest for Sawa (1.312) and lowest for Radha-4 variety (1.005). Sawa is the most economic rice variety in terms of gross and net production in the study area. The findings will help farmers to choose and cultivate rice variety with greater profitability. It is recommended that concerned authorities should give emphasis on subsidies, farmers training and ensuring floor price of rice.  Int. J. Appl. Sci. Biotechnol. Vol 7(2): 222-226

scholarly journals Production Economics and Determinants of Carrot (Daucus carota L.) production in Chitwan, Nepal

2020 ◽  
Vol 7 (4) ◽  
pp. 234-241
Author(s):  
Nabin Pandey ◽  
Swodesh Rijal ◽  
Himal Adhikari ◽  
Binod Bhantana ◽  
Madhusudhan Adhikhari
Keyword(s):  
Daucus Carota ◽  
Large Scale ◽  
Household Head ◽  
Cost Ratio ◽  
Proper Solution ◽  
Gross Margin ◽  
Microsoft Excel ◽  
Physiological Disorder ◽  
Daucus Carota L ◽  
Use Of Resources

Carrot (Daucus carota L.) is an important agricultural commodity in the world. A study was conducted for comparative analysis of demographic, economics assessment, and determinants of carrot production between ward no. 11 and ward no. 15 of the Bharatpur metropolitan of Chitwan district. Altogether 80 carrot growers, 40 from ward no. 11 and 40 from ward no. 15 of Bharatpur metropolitan were randomly selected. Pretested semi-structured questionnaire was used to collect primary information from randomly selected farmers. Carrot growers were interviewed using face to face method in November 2019. Moreover, Two Focus Group Discussion (FGDs) and two Key Informant Interviews (KII) were performed. All the data were entered in Statistical Package for Social Science (SPSS Statistics 20) and Microsoft Excel (Ms-2013) and analysis was done by using Microsoft Excel, SPSS, and Stata. In the majority of respondents, Poultry manure cost (37.16%) occupied the major portion of the cost of production followed by seed cost (30.18%). The average gross margin per kattha for carrot production found NRs. 4726.62 and the Benefit-cost ratio (BCR) was 1.50. The probability of cultivation of carrot on large scale was found to be 31.12% higher for the male gender of household head and 27% higher for the schooling of the household head. Farmers use the Nepa Drim, F1 variety which incurred higher cost in the seed. Splitting (26.25%) was identified as the most critical problem followed by cracking (21.15%) in the cultivation of carrot. It is recommended that the farmers involved in carrot farming in the study sites should be provided with Subsidy on seed, proper solution of physiological disorder problems and proper technical knowledge for optimizing the use of resources would help to increase the profit of carrot production in the Chitwan district of Nepal. Int. J. Soc. Sc. Manage. Vol. 7, Issue-4: 234-241

Analysis of whole and filleted stockfish (Gadusmorhua) marketing IN Ebonyi Rural Areas

2020 ◽  
Vol 35 (1) ◽  
pp. 103-110
Author(s):  
M.O. Nwabunike ◽  
G.V.C. Igwe ◽  
I.K. Agama ◽  
C.E. Esheya
Keyword(s):  
Rural Communities ◽  
Rural Areas ◽  
Sampling Technique ◽  
Cost Ratio ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
Comparative Cost ◽  
Multi Stage ◽  
Broad Objective ◽  
Benefit Cost

The study was conducted with the broad objective of analyzing the profitability of marketing different forms (whole and filleted) of stock fish in Ebonyi rural markets. A total of 80 stock fish sellers were carefully selected through an unbiased (multi-stage and random) sampling technique. The data collected were analyzed using simple frequency and percentages as well as gross margin and comparative cost ratio. The result showed that 92.5% of the stockfish sellers were females and married with mean age of 38 years, mean household size of 9 persons and mean year of experience of 14. It was further observed that between the two forms of stock fish marketed in Ebonyi rural communities, filleted type was more profitable having a profit of N669,000 and benefit cost ratio (BCR) of N1: 2.352 as against that of whole form with a profit of N286,000 and BCR of N1: 1.685. The results of the study implied that it is advisable to market stock fish in the filleted form rather than selling it whole. Keywords: Stock fish, gross margin, marketing, profitability, Ebonyi Rural Area

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