Profitability Analysis among Actors of High-Quality Cassava Flour in South West Nigeria (original) (raw)
Related papers
Profitability of Cassava Processing: A Case Study of Otukpo Lga, Benue State, Nigeria
Sustainable Food Production
The study investigated the economics of cassava processing in Otukpo Local Government Area, Benue State, Nigeria. Data were collected using well-structured questionnaire administered to 60 cassava processors. Data collected were analyzed using descriptive statistics, Profit function, independent sample t-test and Analysis of Variance (ANOVA). Results showed that majority of the processors were within the age group of 31–40 years with mean year of experience of 34 years. They were mostly women with an average of 8 persons per household. Traditional technologies mostly were employed by the cassava processors. The profitability analysis showed that cassava processing into garri (fried cassava granules), chips and fufu/akpu (cassava dough) are profitable, (t =23.55, 11.95, 12.37: P≤ 0.01). Moreover, the result of the ANOVA showed that there was a significant difference (F=44.48:P≤0.01) in the profit level of cassava processed into garri, chips and fufu/akpu. The result of the post-hoc o...
ABSTRACT The Study Involved On Profitability Analysis of Cassava Production in Ido Local Government Area, Oyo State, Nigeria. It Focused On the Socio-Economic Characteristics of the Respondent, Examined Cost and Return in Cassava Production and Also Determined the Factor Affecting Cassava Production in the Study Area. Data were collected through the questionnaire and analyzed using descriptive statistical tools such as percentages and frequency distribution for the socio-economic variable. Budgetary analysis, and Regression were also used to analysis total output and factors affecting the production of the respondents in the study area. The respondent between the age range of 41 and 50 years were much more involved in cassava production, where as 2.6% of the respondent fell between the age ranges of 20 and 30 years, 8.7% were between the age range of above 50 years, 30.4% were between the age of 31 and 40, while 58.3% of them were between the age range of 41 and 50 years for cassava production. The marital status of the respondent married has the highest of 88.7%, Gender male dominate in the production of cassava has the highest of 81.7% while the female has 18.3%. respondent with secondary education 60.9% were the most involved in cassava production, 28.7% had primary education and 10.5% had tertiary education. The respondent with 3 and 4 household composition had 41.7%, 5 and 6 household 35%, 30.0% were with above 7 household while 5.2% of the respondent were with 1 and 2 household composition. 58.3% up the respondent were into full time producer while 41.7% were not full time producer. 43.5% of the respondent had 6 and 10 years experience in the production of cassava, 20.9% were 11 and 15 years, 19.1% were 15 and above had 16.5% were 1 and 5 years experience. Table 4.2 shows the cost and return of cassava production, the total and Average variable cost is ₦ 27,316,500 and ₦23, 753,478.26, respectively. The Gross revenue and Revenue per producer is ₦582,895,652.2 and ₦67,033,000 respectively. The total gross margin and Gross margin per producer is ₦3453608696 and ₦39716500 respectively. The Total net income and net income per marketer is ₦4390273913 and ₦50488950 respectively. Cassava production in the study area is thus operating profitability. Table 4.3 shows factors influencing cassava production, it shows that materials cost as a positive influence on cassava production while age, gender, marital status, education and household size have no significant effect in cassava production. From the respondent it was observed that cassava production is not an easy task. Some constraint facing farmer in cassava production are price of input, selling price, consumer demand, storage facilities, readily available market, pest and diseases, inadequate capital, transportation, inadequate water supply and land tenure. In view of affore mentioned result. It is therefore recommended that the Government should enhance market of production and also micro-finance agent should be introduced to the cassava farmer for better improve of the production of cassava.
International Business Research, 2014
The study examined the determinants and profitability of cassava production in Akpabuyo, Cross River State. A multistage sample procedure was used to select eighty (80) farmers and data were collected with structured questionnaire. Data were analyzed using descriptive statistics, gross margin and ordinary least square (OLS) criterion. Analysis shows that cassava production was dominated by females (67.5 percent) in the study area. The mean age (47.85) shows that farmers were in the active labour force with mostly small farm sizes (0.98ha). The profitability analysis also shows per hectare gross margin of N9,520.66 and the cost N7,001.94, implying that cassava production is profitable. The results further reveals that farm size, value of land, gender, age, educational level and farming experience influenced output positively, while value of cassava cuttings, labour and family size had negative influence on cassava output. However, the test of significance shows that cassava cuttings, labour, education and experience exerted greater influence on cassava output, implying that a change in any one of these variables resulted to a significant change in output. One of the most serious problems encountered by cassava farmers in the study area was high cost of inputs, while lack of implements constituted the least problem. Therefore, it is recommended that concerted effort should be made towards the implementation of policies that will enhance farmers output.
Profitability of Cassava Processing in Epe Local Government Area of Lagos State
This study was conducted to evaluate the profitability of cassava processing in Epe LGA of Lagos State. Data were collected with the aid of questionnaires administered on 75 cassava processors randomly selected across the study area. Result revealed that most of the processors are female at a youthful age capable of carrying out operations for cassava processing. Cost and returns analysis showed that all the processors achieved profitable result. The study reveals that there were variations in the gross margins to the various products of cassava processing in the study area. The study shows that fufu has the highest margin, although other products such as garri and lafun are equally profitable.
PROFITABILITY ANALYSIS OF CASSAVA PRODUCTION UNDER DIFFERENT TECHNOLOGY SYSTEMS IN OGUN STATE
ABSTRACT The study described the demographic and economic features between two groups of cassava producing farmers. Data were collected from one hundred and twenty (120) farmers in twelve villages visited. Descriptive statistics was employed to analyse the first objective. Majority of the cassava farmers are males (95.8%) who are married (78.3%) with average age above 50years (75%), and had completed no more than modern school education (72.5%). Result showed that out of 95.8% of the male cassava farmers, 65% were into traditional technology production framework, 30.8% are into modern technology production status in the study area. For the female, the result indicated that female traditional cassava-based farms had a total share of (3.3%), while modern technology cassava based farms had a total share of (0.8%).On the profitability of cassava production budgetary techniques was employed for analysis. The gross margin analysis showed that farmers using modern technology had a relatively higher gross margin of N129,014.75 compared to N76,502.77 for the other farmers. In a corresponding manner the net farm income showed a similar trend of higher net income of N114975.64 as against N 63,097.96 for modern and traditional cassava based farms respectively. The result indicated a higher return resulting from increase in the yield due to modern input usage. This suggests a positive impact of modern input use in cassava production in the study area and the need to intensify extensive extension service delivery within the easy reach of the end users of such improved technologies. Keywords: Profitability, Gross margin, Cassava, Technology, Production systems
Cassava and its food products are the most important staples of rural and urban households in SouthEast Nigeria. The study examined the profitability of cassava based crop farmers in Owerri Agricultural Zone of Imo State, SouthEast Nigeria. A multistage sampling technique was adopted in the selection of sixty respondents for the study, with the questionnaire as the main tool for data collection. Descriptive statistics as well as farm budgeting techniques: Net Farm Income and Profitability index were used in the analysis of data. The dominant cassava intercrops practiced by farmers in the study area were cassava/maize/yam/vegetable. The net farm income and profitability index showed a return to investment of 50k to every N1 invested. Cassava based farming is a profitable investment option and farmers are encouraged to rise above their subsistence level to produce commercially.
2014
The study analyses the profitability of cassava production and marketing in Akoko North West Local Government Area of Ondo State. One hundred (100) respondents were selected using multi-stage random sampling technique. Data were collected using well-structured questionnaire, interview schedule and personal observation. The results were analyzed using descriptive statistics and profitability model. The result showed that majority (54%) of the respondents had higher level of education, are married (60%) and above 45 years (64 %). Most (80%) of the respondents cultivate cassava mixed with other crops using simple farm tools. Majority (70%) of the respondents store their produce in processed forms. All (100%) the respondents indicated that their major processed cassava product is gari. Most (68%) market their produce on-farm (harvested) while others (100%) indicated that the processed forms are taken to the market for sale. The profitability analysis showed that the production and marke...
International Journal of Emerging Scientific Research
This study was carried out to analyse cassava production, prospects and challenges in Irepodun local government area, Kwara State, Nigeria. It aimed to examine the determinant variables and determine the profitability level of cassava enterprises. The study was based on primary data obtained with the aid of structured questionnaire from 100 cassava farmers drawn through multi-stage sampling techniques from the study area. Data were analysed using descriptive statistics, ordinary least square (OLS) regression model and gross margin analysis. The result of the OLS regression estimates showed that farm size, cost of fertilizer application, farm size, herbicides, family and hired labour were significant variable affecting cassava production in the study area. Fertilizer, farm size and hired labour are significant at 1% while herbicide and family labour are significant at 10%. The study found that the average gross margin per hectare for cassava production in the study area was ₦24,749.2...
Profitability and Resource Use Efficiency in Cassava Production: Evidence from Delta State, Nigeria
2021
Cassava has played and continues to play an outstanding role. The country's failure to meet current demand has been due to the efficiency of farmers' use of resources. The study examined resource use efficiency in cassava production. Data from 120 cassava producers were carefully chosen using random sampling procedure. Descriptive statistics and multiple regression model were applied to analyze the data. The results disclosed that the greater part of the growers were female with mean age of 45 years, educated and married. The mean household size was 6 persons with mean farming experience of 16 years. Majority of the producers belong to farming association. The result of cost and returns shows that the total production cost , total revenue realized and profit were N221,500, N398,000 and N176,500 respectively with BCR of 1.80 which implies that cassava production is profitable. The regression estimated showed that farm sizes, fertilizers, labour and planting material influence...
Profitability of Cassava-based Production Systems
Journal of Human Ecology, 2016
The study was undertaken to analyze the profitability of cassava-based production in Oyo State. The population for the study consisted of all small-scale cassava farmers in the State. A well-structured questionnaire was used to collect information from 120 randomly selected small-scale cassava farmers. Out of these, 110 pieces of the administered questionnaires were retrieved and analyzed. The finding showed that 72.7 percent of the farmers are male in their active average age of 38.95 years with 14.5 percent of the respondents having no formal education. The objectives of the study were to determine the cost, return and evaluate the profitability of cassava production in the study area. The business was found to be profitable with total revenue of 174,231.81k, average profit of 54,069.57k and gross margin of 62,449.11k per hectare. The analysis result revealed that net return of the farmers is affected positively by the use of fertilizer, price per cassava truck and the total revenue. On the other hand, cost of ridge making, cost of land clearing, cost of weeding, type of labor used, cost of feeding, cost of cassava stem cutting, and cost of transportation to point of sale were negative and significant to the net return. Also, the adjusted R 2 is 0.995 showing that 99.5 percent of the variability in the dependent variables is explained by the estimated independent variables. A stable and workable food policy was recommended to curb the technical and institutional constraints in cassava production.