• Contact Us
    • Send Feedback
    • Login
    View Item 
    •   Home
    • Journal and Journal Articles
    • Journal and Journal Articles
    • View Item
    •   Home
    • Journal and Journal Articles
    • Journal and Journal Articles
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    Whole Repository
    CollectionsIssue DateRegionCountryHubAffiliationAuthorsTitlesSubject
    This Sub-collection
    Issue DateRegionCountryHubAffiliationAuthorsTitlesSubject

    My Account

    Login

    Welcome to the International Institute of Tropical Agriculture Research Repository

    What would you like to view today?

    Profitability of cassava production: comparing the actual and potential returns on investment among smallholders in southern Nigeria

    Thumbnail
    View/Open
    U18ArtOjiakoProfitabilityNothomDev.pdf (172.4Kb)
    Date
    2018
    Author
    Ojiako, I.A.
    Tarawali, G.
    Okechukwu, R.U.
    Chianu, J.
    Ezedinma, C.
    Edet, M.
    Type
    Journal Article
    Target Audience
    Scientists
    Metadata
    Show full item record
    Abstract/Description
    An analysis was conducted of the productivity of smallholder farmers enrolled into an out-growers’ scheme to supply cassava to commercial starch processors under the Nestlé-IITA cassava starch value chain project. Under the project, improved cassava varieties–cloned to be high-yielding, early maturing and disease-resistance–would be supplied to the farmers without charge. Also, to be provided would be training on good agronomic and farm management practices, like land preparation, soil management, stem-cutting habits, treatment of planting materials, fertilizer and herbicides quantity, time and method of application, and number, time and methods of weeding. It was envisaged that combined use of certified planting materials and good practices would substantially lead to increased yield and profitability. The actual performance based on baseline data was compared with the projected profitability under the project. The study was carried out using a sample of ninety-six farmers randomly selected from the eight states that participated in the project. Designed feedback form was used to assemble data on the farmers’ characteristics, previous cassava production state of affairs, including yield, experiences, and constraints to farming and marketing, input acquisition and use, and output flow and prices. Data were analyzed using descriptive statistics, inferential statistics and budgetary techniques. Results revealed N277400 (about US$1,840) as the baseline gross revenue, but this could have risen by over 114% to N596000 (about US$3947), if farmers adopted the package of practices recommended under the project. The gross margin, calculated as N150536 (US$1003.57) could have increased by about 120% to N330536 (or US$2189). Also, the return on variable cost investment calculated as 0.33 under the prevailing farmers’ practice could have risen to as high as 1.25, reflecting a return of N1.25 (rather than N0.33) on every N1 investment in the variable cost. Even though cassava production was a viable farm initiative, the farmers’ adoption and complementary use the recommended package of practices would guarantee higher yield, profitability and return on investment.
    Permanent link to this item
    https://hdl.handle.net/20.500.12478/4609
    Non-IITA Authors ORCID
    Richardson Okechukwuhttps://orcid.org/0000-0001-5335-4855
    Research Themes
    PLANT PRODUCTION & HEALTH
    IITA Subjects
    Plant Health; Plant Production
    Agrovoc Terms
    Cassava; Productivity; Farm Management; Profitability; Smallholders
    Regions
    Africa; West Africa
    Countries
    Nigeria
    Journals
    Journal of Biology, Agriculture and Healthcare
    Collections
    • Journal and Journal Articles4835
    copyright © 2019  IITASpace. All rights reserved.
    IITA | Open Access Repository