Assessment of small scale horticultural nursery enterprises in some selected Local Government Areas in Ibadan Metropolis, Oyo State, Nigeria

2021 ◽  
Vol 17 (2) ◽  
pp. 57-67
Author(s):  
I.O. Oyewo ◽  
A.R. Falana ◽  
I.O. Abiola ◽  
F.B. Musa ◽  
H.O. Shaib-Rahim ◽  
...  
Keyword(s):  
Formal Education ◽  
Tertiary Education ◽  
Common Species ◽  
Small Scale ◽  
Cost Ratio ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
Personal Savings ◽  
Benefit Cost ◽  
Ixora Coccinea

The study assessed some selected small scale horticultural nursery enterprises in Ibadan metropolis. Data was collected through the use of well-structured questionnaires from 32 respondents and analysed using descriptive statistics and cost and return analysis. The result revealed that 93.7% of the respondents were male, 31.3% were between the ages of 31-40years with mean age of 43years,84.4% were married, 75% had between 1-5 household size with a mean house size of 5 persons. About fifty three percent (53.1%) of them were involved in horticultural practices as their primary occupation, 46.8% had tertiary education, however, majority 93.7% of them had one form of formal education with 14.5% mean years of experience, 75% of them belong to horticultural associations,81.2% source their credit through personal savings, majority (68.8%) rented their land through government, 50% source the seeds through other farmers while only 34.4% source their seeds through research institutions, categories of seedlings raised by the respondent are ornamental seedling (100%), forestry seedling (78.1%), medicinal seedling (65.6%) and agricultural seedling (81.3%) while Ixora (Ixora coccinea) (40.6%) was the most common species of seedling found in the nursery. On the average, the profit realized was ₦578, 925.00k per annum with Benefit cost ratio (BCR) of 4.8. Major problems confronting the enterprise were pest and insects, weeds, credit facilities, weather, transportation, low marketing patronage, cost of agrochemicals as well as availability of quality seeds. Keywords: Assessment, Horticultural, Enterprise, Gross Margin, Oyo, Nigeria

Profitability and Efficiency Analyses of Small Scale Rice processing units in Ngoketunjia Division, North West Region, Cameroon.

2014 ◽  
Vol 3 (2) ◽  
pp. 177-182
Author(s):  
Bime M.J ◽  
Fon D.E ◽  
Ngalim S.B ◽  
Ongla J
Keyword(s):  
Value Added ◽  
Primary Data ◽  
Small Scale ◽  
Fixed Cost ◽  
Cost Ratio ◽  
Parboiled Rice ◽  
North West ◽  
Benefit Cost Ratio ◽  
Benefit Cost ◽  
Rice Processing

Rice production and processing over the years has been on an increase with more small holders entering the business. This study on profitability of processing and marketing of small scale rice processors had as objective to analyse the profitability levels of rice processing and marketing by small scale processors, determine the value added to the commodity at each stage  and also identify the constraints faced by these processors. The study used primary data collected using well-structured questionnaire from millers only, miller traders for white/parboiled rice through a multistage sampling technique. Results showed that the net processing income (3,151,201), value added (8,147,456) and efficiency (138) for miller-traders of white rice was highest, followed by miller-traders for parboiled rice and lastly millers only. Results further showed that millers only had Benefit/cost ratio of 0.4 indicating that milling only is not profitable due to small quantities milled, and high fixed cost. Miller-traders for parboiled rice had a benefit/cost ratio of 2.3 implying that their venture is most profitable. Based on the results, it was recommended that millers only should purchase large quantities of paddy to enable them reduce the overhead cost. Also the services of parboilers should reflect in the sales price of parboiled rice so that the parboiling services can be paid for.

scholarly journals Economic Analysis of Irish Potato (Solanum tuberusum) Marketing in Metropolitan Markets of Bauchi, Bauchi State, Nigeria

2020 ◽  
pp. 1-7
Author(s):  
U. E. Umoffia ◽  
U. K. Iroegbute ◽  
T. M. Barnabas ◽  
J. A. Nandi ◽  
J. N. Akeweta
Keyword(s):  
Economic Analysis ◽  
Random Sampling ◽  
Sampling Technique ◽  
Irish Potato ◽  
Cost Ratio ◽  
Total Cost ◽  
Benefit Cost Ratio ◽  
Other Information ◽  
Personal Savings ◽  
Benefit Cost

Aims: This paper evaluates the economic analysis of Irish Potato (Solanum tuberosum) marketing in the metropolitan markets of Bauchi State. Study Design: A sample random sampling technique was used in selecting eighty (80) respondents (30 wholesalers and 50 retailers). Place and Duration of Study: The study was done at Bauchi State, Nigeria. Methodology: Questionnaire was used to collect data on the socio-economic characteristics of the marketers and other information on cost/return from the respondents. It was however complemented with oral interviews. Results: The results shows that the enterprise is a profitable venture in the metropolitan markets of Bauchi with a Benefit Cost Ratio (BCR) of (1.84) Yelwa Tudu market compared to other markets, while acquisition cost constitutes the highest proportion of the total cost of marketing potato. The majority of the marketers were female (57.75%) with 70% of the total respondents falling within the age bracket of 30-50 years. Majority of the marketers had a marketing experience of 1-10 years (58.73%). Also 70% of the marketers were married and 57% started their business with personal savings. Conclusion: The present study identified different challenges in Irish potatoes production and marketing in Bauchi State, Nigeria.

scholarly journals Economic Analysis of Snail Marketing in Ibadan North East Local Government Area Oyo State, Nigeria

2019 ◽  
pp. 1-8
Author(s):  
A. F. Aderounmu ◽  
I. O. Oyewo ◽  
O. O. Oke
Keyword(s):  
Local Government ◽  
Local Government Area ◽  
Cost Ratio ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
North East ◽  
Frequency Table ◽  
Marketing Efficiency ◽  
The Cost ◽  
Benefit Cost

This paper reports findings from a study carried out to investigate the profitability of snail marketing in Ibadan North East Local Government area of Oyo State. Structured questionnaires and interview schedules were designed to obtain information on socio-economic characteristics, operational capital and source, years of experience in the business and constraints to snail marketing. Seventy snail marketers, randomly selected from three major markets which are Oje, Agodi gate and Agugu market;. The data collected were analyzed using frequency table, percentage, gross margin, Benefit/ Cost ratio and Marketing Efficiency analyses. Majority (94.3%) of the respondents were female while 5.7% were male. 31.5% were between the ages of 51-60years with mean age of 54.9 years. It was also shown that 50% source their capital through personal savings between N11,000-N20,000 and 47.1% with 5-9years experience. The cost and return analysis revealed that total revenue was N1, 457,700.00k and total cost was N1, 285,320.00k while gross margin    was N172, 380.00k and benefit- cost ratio was 1.13 which implies that for every N1.00 invested the marketer will make a return of N1.13k on every snail sold, Marketing efficiency was 88%. Major constraints to snail marketing in the study area were poor market patronage (87.1%) and seasonality (82.9%). Snail farming is advocated since it is a profitable agribusiness and can be achieved through cooperatives and micro credit facilities. Also, marketing of snail in the area    should be restructured and standardized to command frequent patronage and command higher price value.

scholarly journals Agro-Economic Performance of Intercropping Hybrid Maize with Vegetables and Spices at Farmer’s Field

2019 ◽  
Vol 21 (2) ◽  
pp. 73-78
Author(s):  
MI Nazrul
Keyword(s):  
Grain Yield ◽  
Block Design ◽  
Cost Ratio ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
Randomized Complete Block Design ◽  
Hybrid Maize ◽  
Benefit Cost ◽  
Sylhet Region ◽  
Equivalent Yield

The experiment was conducted at Multi Location Testing (MLT) site, Moulvibazar, Bangladesh during rabi season of 2016-17 and 2017-18 to study the profitability of intercropping of hybrid maize with vegetables and spices. Five intercrop combinations of hybrid maize along with sole maize were arranged in randomized complete block design (RCBD) replicated six times. There were six treatments viz., T1: Maize + potato, T2: Maize + red amaranth, T3: Maize + spinach, T4: Maize+ data shak, T5: Maize + coriander and T6: Maize as sole. The grain yield of maize in intercropped combination varied significantly. The highest grain yield (9.71 t ha-1) was in sole maize. The highest maize equivalent yield 15.60 t ha-1 was recorded from the treatment T1 (100% maize + potato) whereas the lowest yield (8.61 t ha-1) was obtained from the treatment T6 (sole maize). The highest gross return (Tk. 312000 ha-1) and benefit cost ratio (3.29) was obtained from the treatment T1 (100% maize + potato). On the contrary, the lowest gross margin (Tk. 101600 ha-1) was obtained from treatment T2 (maize + red amaranth). It revealed that the combination of maize with potato was more compatible and profitable intercropping system in Sylhet region of Bangladesh Bangladesh Agron. J. 2018, 21(2): 73-78

scholarly journals Production and marketing of organic coffee in Nepal

2018 ◽  
pp. 91-99
Author(s):  
J. Pandit ◽  
J. P. Dutta ◽  
P. P. Regmi ◽  
S. M. Shakya
Keyword(s):  
Variable Cost ◽  
Cost Ratio ◽  
Gross Margin ◽  
Coffee Production ◽  
Factors Affecting ◽  
Benefit Cost Ratio ◽  
Marketing Systems ◽  
Marketing Information ◽  
Benefit Cost ◽  
Ground Coffee

A survey research was carried out in 2008 in Kavrepalanchok, Sindhupalchok, Gulmi, Palpa and Syangja districts and Kathmandu valley to analyze the factors affecting coffee production and analyze the present marketing systems of coffee. One coffee producers’ group from each district was selected. All coffee growers of these selected groups were taken as sample. Altogether, 132 coffee growers were interviewed. For marketing information, 4 processors and traders were also interviewed. Manure, organic solution and labor were using for coffee production. The average variable cost of production was maximum in Syangja, which was Rs 85604.83 per ha. Gross margin and benefit cost ratio of coffee production were maximum in Syangja, which were Rs 176173.57 per ha and 2.71, respectively. The number of productive plant was the significant factor affecting production in Kavrepalanchok, Sindhupalchok, Palpa and Syangja. Labor was the significant factor affecting production in Sindhupalchok, Gulmi, Palpa and Syangja. Marketing margin was Rs 52.88 and Rs 50.46 per kg of fresh cherry in the form of roasted bean and ground coffee, respectively. Producers’ share of fresh cherry after processed to roasted bean and ground coffee was 32.96 percent and 34.00 percent, respectively.Journal of the Institute of Agriculture and Animal Science. Vol. 33-34, 2015, Page: 91-99

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 Effect of mechanized cultivation on yield parameters of Mungbean

2015 ◽  
Vol 2 (2) ◽  
pp. 253-259
Author(s):  
Md Raziul Hassan Mondol ◽  
Md Babul Anwar ◽  
Md Rahamot Ali ◽  
Khokan Kumer Sarker ◽  
Md Matiar Rahman
Keyword(s):  
Agricultural Research ◽  
Conservation Tillage ◽  
New Technology ◽  
Conventional Tillage ◽  
Cost Ratio ◽  
Research Station ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
Power Tiller ◽  
Benefit Cost

A field experiment was conducted at Regional Agricultural Research Station, Jessore during Kharif-I 2013 with four treatments viz. T1 = conventional tillage + manual seeding (in line), T2 = conventional tillage + manual seeding (in broadcasting), T3 = power tiller operated seeder (PTOS) and T4 = seeding with bed planter method used in the experiment. The objective of this study was to achieve the goal of increased mungbean production in Bangladesh through different tillage and seeding methods. Besides, to disseminate information in the farmer’s level conservation tillage is new technology for increasing and sustaining productivity and profitability of mungbean cultivation in mechanized way. From the study, the results revealed that seeding with bed planter method treatment was the most effective and profitable for production of mungbean among all tillage and seeding methods in considering gross margin (40705 Tk /ha) and benefit cost ratio (1.73).Res. Agric., Livest. Fish.2(2): 253-259, August 2015

scholarly journals Economics of Organic Vs Inorganic Carrot Production in Nepal

2009 ◽  
Vol 10 ◽  
pp. 27-33 ◽  
Author(s):  
Raj Kumar Adhikari
Keyword(s):  
Production System ◽  
Organic Fertilizer ◽  
Unit Cost ◽  
Organic Production ◽  
Cost Ratio ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
Tillage Operation ◽  
The Cost ◽  
Benefit Cost

During February-April 2008, a study was conducted to compare the yield and economics of organic and inorganic carrot production and its profit volume in Chitwan district of Nepal. Face to face interview method was used to collect the primary information from randomly selected organic and inorganic carrot producers. Among the cost components, per unit cost on female labor and organic fertilizer were found to be higher in organic production system where as higher per unit cost on seed, tillage operation and male labor were found in inorganic production system. Higher cost and higher revenue was found in inorganic production system but higher benefit cost ratio was found in organic production system. This revealed that adoption of organic carrot production system was economically profitable than inorganic production system.  Key words: Benefit cost ratio; Carrot; Cost; Gross margin; Organic agricultureThe Journal of Agriculture and Environment Vol:10, Jun.2009 Page: 27-33

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

scholarly journals On-farm study on intercropping of hybrid maize with short duration vegetables

2014 ◽  
Vol 11 (1) ◽  
pp. 1-4
Author(s):  
UK Sarker ◽  
S Dey ◽  
S Kundu ◽  
MA Awal
Keyword(s):  
Grain Yield ◽  
Short Duration ◽  
Cost Ratio ◽  
Gross Margin ◽  
Garden Pea ◽  
Benefit Cost Ratio ◽  
Sole Crop ◽  
Hybrid Maize ◽  
Benefit Cost ◽  
Equivalent Yield

The experiment was conducted at Multi Location Testing (MLT) site, Netrakona during rabi season of 2009-10 and 2010-11 to study the feasibility of intercropping of hybrid maize with different short duration vegetables and economic returns. Three intercrop combinations of hybrid maize along with sole maize were arranged in Randomized Complete Block Design replicated six times. There were four treatments viz., T1- Sole crop of maize, T2 - Three rows of red amaranth (25 cm apart) in between two (75 cm apart) rows of Maize, T3 - Three rows of bush bean (25 cm apart) in between two (75 cm apart) rows of Maize and T4 -Three rows of garden pea (25 cm apart) in between two (75 cm apart) rows of Maize. Yield contributing characters and yield of maize did not varied significantly due to intercropping with vegetables. The grain yield of maize in intercropped combination varied from 7.30-7.43 t/ha. But the highest grain yield (7.68 t/ha) was in sole maize. Maize equivalent yields in the intercrops ranged from 10.67-14.96 t/ha. The highest maize equivalent yield (14.96 t/ha), gross return (Tk. 224400/ha), gross margin (Tk.166830/ha) and benefit cost ratio (3.90) were obtained in maize + garden pea combination. The lowest maize equivalent yield (7.68 t/ha), gross return (Tk. 115200/ha), gross margin (Tk. 64128/ha) and benefit cost ratio (2.26) were obtained from sole crop of maize. DOI: http://dx.doi.org/10.3329/jbau.v11i1.18195 J. Bangladesh Agril. Univ. 11(1): 1-4, 2013

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