scholarly journals Assessment of the Profitability of Rice Production in Afikpo North L.G.A.

2020 ◽  
pp. 22-29
Author(s):  
Uche Nkechi ◽  
Donatus, Jane ◽  
N. Uchenwachi, Margaret
Keyword(s):  
Large Scale ◽  
Transportation Cost ◽  
Likert Scale ◽  
Rice Production ◽  
Farm Size ◽  
Total Revenue ◽  
Gross Margin ◽  
Rice Farmers ◽  
The Cost ◽  
Margin Analysis

This study was carried out to determine the profitability of rice production in Afikpo North L.G.A Ebonyi State of Nigeria between April and September, 2019. Seventy (70) rice farmers (35 each) randomly selected from two prominent rice producing villages (Amasiri and Akpoha) in the study area were used as sample size. Questionnaires and personal interviews respectively were the basic primary and secondary means of data collection. Descriptive statistics, Gross margin analysis and Likert Scale were used to analyze the data obtained for socio-economic, profitability and constraints to rice production in the study area respectively. Results showed that socio-economic characteristics including gender, age, farm size, household, education etc are among the factors that affect rice production in the area. The result of likert scale showed that inadequate capital, high cost of labour, inadequate farm input etc were major constraints to rice production, while cost of transportation, cost of pesticide and marketing outlet were not considered as constraints rice production in the area. The result of gross margin analysis showed that Total Revenue and Gross margin were 270,000 and 214, 0000 respectively while Net Profit was N201, 500. The cost return ratio was 3.9k. This implies that the rice farming is highly profitable since the total revenue significantly outweighed the total cost. The cost return ratio of 3.9k implies that for every one naira invested in rice production about 4.0k is returned as profit. The study therefore recommends that Government should formulate agricultural enhancement policies that will address the major constraints observed in this study to ensure large scale and profitable rice production in Afikpo North LGA.

scholarly journals DETERMINANTS OF AGRICULTURAL LOAN DECISION MAKING PROCESS FOR RICE (ORYZA SATIVA) FARMERS IN ABUJA, NIGERIA. APPLICATIONS OF HECKMAN TWO-STAGE MODEL AND FACTOR ANALYSIS

2021 ◽  
Vol 59 (1) ◽  
Author(s):  
Olugbenga Omotayo Alabi ◽  
Ayoola Olugbenga Oladele ◽  
Mohammed Bello Usman
Keyword(s):  
Rice Production ◽  
Farm Size ◽  
Farm Income ◽  
Decision Making Process ◽  
Stage Model ◽  
Gross Margin ◽  
Two Stage ◽  
Rice Farmers ◽  
Factors Influencing ◽  
Socio Economic Factors

This study focuses on determinants of the agricultural loan decision-making process of rice (Oryza sativa) farmers in Abuja, Nigeria, using the Heckman two-stage model and factor analysis. This study was designed specifically to achieve the following objectives: determine the socio-economic profiles or characteristics of rice farmers, analyze the costs and returns of rice production, evaluate factors influencing rice farmers’ decision to obtain an agricultural loan, evaluate socio-economic factors influencing the amount of the agricultural loan, and determine the constraints or problems facing rice farmers. A multi-stage sampling design was employed. A total sample of one hundred (100) rice farmers was included, and primary data were utilized. Data were obtained through the use of a well-structured and well-designed questionnaire. Statistical and econometric tools used in analyzing data included descriptive statistics, gross margin analysis, financial analysis, the Heckman two-stage model, and principal component analysis. The results show that 63% of rice farmers were between the age of 31–50 years. The mean age was 41.90 years. About 65% of rice farmers were male, and 54% of them were married. Also, 93% of rice farmers had formal education and were literate. The household sizes were large, with an average of six persons per household. An average of 71,550 nairas was the loan amount granted to rice farmers by financial institutions. The average farm size amounted to 1.49 hectares. Factors influencing the decision of rice farmers to obtain agricultural loan included age (P < 0.01), marital status (P < 0.05), household size (P < 0.10), educational level (P < 0.05), farm size (P < 0.05), farm and non-farm income (P < 0.10), farm experience (P < 0.05), collateral property (P < 0.05), extension services (P < 0.10), and awareness of loan or credit facilities (P < 0.05). Rice production was profitable with a net farm income of 744,300 nairas. The gross margin ratio of 0.95 means that 95 kobos covered profits, taxes, expenses, interest, and depreciation for every naira invested in rice production activities. Socio-economic factors statistically and significantly influencing the amount of agricultural loan obtained by rice farmers included (P < 0.05) sex (P < 0.01), household size (P < 0.05) and educational level (P < 0.01). The constraints facing rice farmers in obtaining the agricultural loan and production activities included lack of collateral property, lack of fertilizer input, poor-quality feeder roads, lack of credit facilities, inadequate labor input, and complicated and costly administrative procedures to obtain a loan. It is recommended that agricultural loans be made available to rice farmers in sufficient amounts and at low-interest rates. Also, farm inputs, fertilizer inputs, improved seeds, and chemicals should be made available to rice farmers

scholarly journals Gross Margin and Factor Analysis of Watermelon Production in Patuakhali District, Bangladesh

2018 ◽  
pp. 1-8
Author(s):  
Bishwajit Sarker ◽  
Shankar Majumder ◽  
Sheikh Mohammad Sayem ◽  
Md. Shaikh Farid
Keyword(s):  
Production Function ◽  
Tertiary Education ◽  
Productivity Index ◽  
Farm Size ◽  
Factor Productivity ◽  
Gross Margin ◽  
Multi Stage ◽  
The Cost ◽  
Margin Analysis ◽  
Douglas Production Function

This study examined the Gross margin and factor productivity of watermelon production in Patuakhali district, Bangladesh. A multi-stage stratified sampling design had been used for the selection of the watermelon growing farmers.  Data were obtained with the aid of a pre-tested structured questionnaire. The socio-economic characteristics of the respondents was described and categorized by Descriptive statistics, Gross margin analysis was used to analyze the cost and returns to watermelon production and Cobb Douglas production function was used to evaluate the input factor productivity. Results showed that the farmers are relatively middle-aged with an average age of 41 years with a sizable number of the respondents (1.7%) having passed through tertiary education. It was also observed that the farmers are typically smallholders with an average farm size of 50-249 decimal. The result of the gross margin analysis showed that watermelon production is profitable with a gross margin of Tk 756 per decimal. The result of the Cobb Douglas production function shows that the coefficients of cost of seed (0.137), cost of tillage (0.227), cost of irrigation (0.304), cost of labour (0.156), and cost of pesticide (0.305) were positively significant at 5% and 1%. The overall factor productivity index is 1.19 implying an increasing return to scale in water melon production in the study area. However, lack of irrigation facility and pesticide were identified as major production constraints.

scholarly journals EFFECTS OF FADAMA III PROJECT ON RURAL RICE FARMERS IN YOLA -NORTH LOCAL GOVERNMENT AREA OF ADAMAWA STATE, NIGERIA

2021 ◽  
Vol 9 (4) ◽  
pp. 105-114
Author(s):  
B.A Shelleng ◽  
B. Tabitha
Keyword(s):  
Local Government ◽  
Random Sampling ◽  
Gross Margin ◽  
Rice Farmers ◽  
Multi Stage ◽  
The Mean ◽  
The Difference ◽  
The Cost ◽  
Margin Analysis ◽  
Structured Questionnaire

The study assessed the effects of Fadama lll on rural rice farmers in Yola-North LGA of Adamawa State, Nigeria. The objectives are to; described the socio-economic characteristics of the respondents, Estimate the cost and returns of Fadama and non-Fadama participants, to assess the change in output and to assess the change in income among the respondents. One hundred and twenty four (124) respondents were selected from beneficiaries and non-beneficiaries of the project through multi stage and purposive random sampling. Structured questionnaire were used to obtained data on the Socio-economic characteristics, Cost and Returns, Change in output and Change in income. The data were analysed using Descriptive and inferential statistics. The findings reveals that majority of the respondents were males (71.4%) and married (69.6}.These categories of respondents are in their productive ages (30 – 39 and 40 – 49) capable of engaging in farming activities and they account for 64 % whom are the majority. Revenue generated by the beneficiaries is higher than that of the non-beneficiaries as revealed by the Gross margin analysis, likewise the T-test showed the mean Income of the beneficiaries was higher compared to that of the non-beneficiaries even though the difference was not significant at p=0.05 .Despite the fact that the project had made little impact on the living conditions of the beneficiaries, it is recommended that it should be continue in order to ensure sustained income and revenue generation.

scholarly journals Economics of Rice Production among Beneficiaries of Anchor Borrowers Programme in Gerie Local Government Area of Adamawa State, Nigeria

2021 ◽  
pp. 82-95
Author(s):  
A. Bitrus ◽  
H. Yakubu ◽  
T. Patrick ◽  
S. F. Stephen
Keyword(s):  
Stochastic Frontier ◽  
Rice Production ◽  
Farm Size ◽  
Gross Margin ◽  
Rice Farmers ◽  
Stochastic Frontier Production Function ◽  
Frequency Maximum ◽  
Frontier Production Function ◽  
Age Range ◽  
Analytical Tools

This study examined the economics of rice production among beneficiaries of the anchor borrowers programme (ABP) in Gerie LGA of Adamawa State, Nigeria. Multistage random sampling was employed to select respondents for the study. Structured questionnaires were the instruments used for data collection. A sample of 85 farmers was used for the study. Percentages, means, frequency, maximum, minimum, budgetary techniques and stochastic frontier production function were the analytical tools employed. The results of the socioeconomic characteristics of the respondents revealed that the majority (76%) of the farmers was headed by males; most (72.8%) were within the age range of 30 – 49 years and majority (90%) were married. Results from the budgetary techniques showed that the gross margin per hectare was ₦75,087.4 indicating production of rice among the farmers is profitable since the gross margin estimated has a positive value. The result also showed that mean economic efficiency (EE) recorded was 0.67 (67%), with maximum of 0.94 (94%) and a minimum EE of 0.34 (34%) indicating that the respondents are not fully economically efficient in rice production in the study area. The major constraints faced by rice farmers in the study area were identified among others to be inadequate credit, limited farm size and high cost of transportation. Finally, it was recommended among others that policies geared towards investment in credit, land tenue and means of transportation towards achieving effective production should be formulated.

Adoption of improved rice varieties by farmers in Bende local government area of Abia state

2015 ◽  
Vol 11 (2) ◽  
pp. 204-215
Author(s):  
JC Ijioma ◽  
CK Osundu
Keyword(s):  
Local Government ◽  
State Government ◽  
Goodness Of Fit ◽  
Information Dissemination ◽  
Rice Production ◽  
Local Government Area ◽  
Farm Size ◽  
Tobit Regression ◽  
Rice Varieties ◽  
Rice Farmers

The study investigated the adoption of improved rice varieties by farmers in Bende Local Government Area, Abia State, Nigeria. A multi-stage random sampling technique was used to select a total of 120 rice farmers. Descriptive statistics and tobit regression model were employed to analyze the data. Results showed that cumulatively 73.3% of the farmers fell within the age range of 20-50 years, most (86.7%) of the rice farmers were literate. More than half (57.5%) of the rice farmers are females. Result further indicated that 43.3% had household sizes of 5-8 persons. A fair proportion (33.3%) had been in rice production for 11-15 years, while majority (73.3%) belongs to farmers’ associations. Fairly good (51.6%) were aware of the improved rice varieties and used it, while a substantial number (93.3%) number of the farmers cultivated swamp rice. MAS 240 variety (mean=3.13), Faro 7 variety (mean=2.95), Faro II variety (mean=2.75), Faro 8 variety (mean=2.70.) and Faro 48 variety (mean=2.68) were highly adopted by farmers in the area. The Chi square value of 7.290 was significant at 1.0% probability level and indicates goodness of fit of the model used. Coefficient of age (-0.023), and gender (-1.967) were negative and significant at 10.0% and 1.0% level of probability respectively. The coefficient of education level (0.041), farm size (0.940), farming experience (0.206) and membership of farmers’ association (0.168) were significant at 5.0% and were positively related to adoption of improved rice varieties. Farmers encountered various problems of paucity of funds (35.8%), scarcity of inputs (22.5%), and dearth of information (20.89). Based on these findings it was recommended that rice farmers should form cooperative societies to enable them raise funds for buying agricultural equipment to boost rice production. More young male farmers should be sensitized and motivated by the state government to take up rice production since female farmers dominate rice production in the area. Extension agencies should increase the level of information dissemination and teaching to the rice farmers’ clientele.Key words: Adoption, Improved Varieties, Rice

scholarly journals Is Broadcasting Mung Bean into Rice Crops a Useful Practice in Timor-Leste?

Proceedings ◽  
2020 ◽  
Vol 36 (1) ◽  
pp. 167
Author(s):  
Luis Almeida ◽  
Robert Williams ◽  
William Erskine
Keyword(s):  
Vigna Radiata ◽  
Mung Bean ◽  
East Timor ◽  
South Coast ◽  
The South ◽  
Gross Margin ◽  
Timor Leste ◽  
Bean Yield ◽  
The Cost ◽  
Margin Analysis

Mung beans (Vigna radiata) are a potential crop in rotation with rice on the south coast of east Timor. When Mung beans are planted after rice, the soil is cultivated after rice harvest, before mung beans are planted by hand with the use of a dibble stick. This paper looks at the cost and benefits of broadcasting mung beans into rice just prior to or just after rice harvest. Broadcast mung beans requires much less labour than planted by dibble stick. Broadcast mung beans require more seed, and can be more difficult to weed. Based on a gross margin analysis mung bean yield could be 35% lower and be as profitable as conventionally grown mung beans.

scholarly journals Factors affecting paddy farmers to procure farm inputs in debt

2020 ◽  
Vol 2 (1) ◽  
Author(s):  
Phan Ba Ngoc Phuong ◽  
Nguyen Minh Ha
Keyword(s):  
Regression Model ◽  
Residential Area ◽  
Mekong River ◽  
Farm Size ◽  
Selling Price ◽  
Factors Affecting ◽  
Rice Farmers ◽  
Paddy Farmers ◽  
The Cost ◽  
Farm Inputs

The aim of this study deals with reasons that almost paddy farmers in Mekong River Delta have to procure farm inputs in debt. With 216 households interviewed by questionnaires in An Giang province and using regression model, the study has found that the lack of capital for rice production and the cost of farm inputs are key elements to impact positively on paddy farmers who procure inputs in debt. Furthermore, householder’s paddy growing experience, rice selling price, residential area, and value of the property affect negatively inputs procurement in debt of rice farmers. In addition, household size, farm size, and interest of purchase of inputs in debt influence positively on rice farmers when they purchase inputs on credit.

scholarly journals Assessment of the Profitability and Viability of Catfish Marketing in Onitsha North and South Local Government area of Anambra State Nigeria

2021 ◽  
Vol 9 (1) ◽  
Author(s):  
Samuel O. Igwe ◽  
Terhemba E. Chancha ◽  
Blessing G. Umbugadu ◽  
Beatrice G. Dauda
Keyword(s):  
Local Government ◽  
Return On Investment ◽  
Transportation Cost ◽  
Local Government Area ◽  
Gross Margin ◽  
Anambra State ◽  
Net Profit ◽  
Marketing Data ◽  
The Cost ◽  
North And South

The study was carried out in Onitsha north and Onitsha south local government area of Anambra State Nigeria. The main objective of the study was to assess the profitability and viability of catfish marketing. Data were collected with structured questionnaires administered to 65 randomly selected catfish marketers.  Mean, frequency, percentages, gross margin, Net profit, Gross margin ratio, Operating ratio and Return on investment were all employed to analyze the objectives. The result revealed that transportation cost is the most militating factor against catfish marketing in Onitsha north and Onitsha south local government area of Anambra State Nigeria. The study also revealed that, catfish marketing in the study area was profitable and viable with return on Investment (ROI) of 22.17% and a Gross Margin ratio of 18.14%. The study therefore, recommends that government should provide storage facility and rehabilitate our roads to reduce the cost of transportation in marketing.

scholarly journals Analysis of The Cost and Economic Returns in Rice Production in Ebonyi State, Nigeria

2021 ◽  
Vol 3 (3) ◽  
pp. 205-214
Author(s):  
Ogechi Cordelia Nwahia
Keyword(s):  
Simple Random Sampling ◽  
Frequency Standard ◽  
Rice Production ◽  
Primary Data ◽  
Rice Farming ◽  
Economic Returns ◽  
Rice Farmers ◽  
Us Dollar ◽  
The Government ◽  
The Cost

Low profit from most staple food production in Nigeria, have continued to discourage the teaming unemployed Nigerian youth from taking up farming as a business. Therefore, this study analyzes the cost and economic returns in Ebonyi State rice production. This study made used of simple random sampling techniques to select 242 rice farmers. The study employed the use of structured questionnaire in its primary data collection. The collected data were analyzed using descriptive statistics (Percentages, Frequency, Standard deviation and Mean), Net Rice Farming Income (NRFI) and Returns/US Dollar Invested (RUSDI). The result from the analysis reveals that rice production is profitable in Ebonyi state. The Net Rice Farming Income (NRFI) obtained by the farmers in Ebonyi state were $900.10 US Dollar per hectare while the return on investment obtained by them were $2.90 US Dollar per hectare. Therefore, unemployed youth in Nigeria should be encourage through provision of rice farming grant or loan by the government. In addition, adequate training on improve technology should be conducted by the government agency for the rice farmers.

Evaluation of resource-use efficiency among rice farmers in Katcha Local Government Area of Niger State, Nigeria

2020 ◽  
Vol 18 (1) ◽  
pp. 9-19
Author(s):  
Y. Muhammed ◽  
M.A. Ojo ◽  
A. Abdullahi ◽  
O.J. Ajayi ◽  
S. Jibrin ◽  
...  
Keyword(s):  
Local Government ◽  
Multiple Regression ◽  
Resource Use ◽  
Rice Production ◽  
Local Government Area ◽  
Farm Size ◽  
Efficiency Ratio ◽  
Resource Use Efficiency ◽  
Rice Farmers ◽  
Use Efficiency

This study evaluated resources–use efficiency among rice farmers in Katcha Local Government Area (LGA) of Niger State, Nigeria. The specific objectives are to; describe socio-economic characteristics of the rice farmers, determine the production inputs influencing rice output, resource–use efficiency in rice production and identify constraints associated with rice production. Two-stage sampling procedure was used for selection of 88 rice farmers on which questionnaire was administered. Data collected was analyzed using descriptive statistics, multiple regression model and resource – use efficiency ratio. Results of the analysis revealed that 76.2% of the respondents were males, while 93.2% were married. The mean age, farming experience and household size of the respondents was 46 years, 23 years and 11 people, respectively. The multiple regression analysis result showed that double-log with R2 value of 0.9571 was chosen as lead equation and farmland (4.83, p<0.01), labour (2.34, p<0.05), seeds (4.04, p<0.01) and fertilizer (3.46, p<0.01) had positive coefficients and statistically significant. The efficiency ratio of resources-use in rice production showed that farm size (15.71) was under-utilized, while labour (0.001), seeds (0.554) and fertilizer (0.056) were over-utilized. Major constraints of rice production identified were inadequate training on resources usage (94.3%), followed by problem of pest and diseases (84.1%) and problem of storage facilities (81.8%). These problems ranked 1st, 2nd and 3rd, respectively. In conclusion, the production inputs were not efficiently utilized by the rice farmers. It was therefore recommended that, extension agents should educate farmers about relevant farm management skills in order to optimally utilize resources in rice production. Keywords: Resource-use efficiency, Rice farmers, Inputs, Production

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