Abstract:This study analyzed and compared the cost and return of sorghum production in India and Nigeria. Data were collected through the administration of 480 copies of questionnaires to selected sorghum farmers (240 from each country) using simple randomsampling techniques. The result of the CACP cost concept reveal that average outputs of the respondents 17.68 qtls and 18.14 qtls per hectare for India and Nigeria sorghum production systems respectively. Also, the revenue generated were Rs. 17354.30 and Rs. 20642.10 per hectare for India and Nigeria sorghum production respectively. The results reveal that India sorghum production had a gross margin and net farm income of Rs. 28281.90 and 17354.30 per hectare respectively while Nigeria sorghum producer had a gross margin and net farm income of Rs. 29810.00 and Rs 20642.10 per hectare respectively. The study therefore revealed that, the business of cultivating sorghum in Nigeria is more profitable than that of India.
A structural analysis of honey trade flow into Ganye and Toungo local Government Areas of Adamawa State using total value of purchases index of measurement of market share was conducted in 2011. A total of 100 honey marketers were selected using a multi-stage sampling method. Structured questionnaire and interview schedule were used in the collection of marketing information from the marketers. Descriptive statistics and Gini coefficient were used in data analysis. Results revealed that majority (89%) of the honey marketers were male and 81% were married. Sixty-six percent of the marketers belong to the age range of 30-49 years. Most (74%) of the marketers were farmers. Results further revealed that Cameroon Republic contributed 81.97% of the volume of honey sold in the study area while only 18.03% was produced locally. The sellers' concentration was medium in the market with Gini coefficient of 0.62683. This implied that there was inequality in the concentration of sellers and sale revenue, and the honey market was imperfect. It was also revealed that most (95%) of the marketers sell their product immediately after purchase. The market performance was estimated to be 48.91% as indicated by the marketing margin. The honey market is monopolistically competitive and profitable.
A study on the economic analysis of sorghum under mixed (with cowpea) cropping system in Guyuk Local Government area of Adamawa State, Nigeria was carried out with a focus on the socioeconomic characteristic of the farmers, profitability and resource productivity of mixed sorghum production. Descriptive statistics, budgeting technique and stochastic frontier production analysis were applied to primary data collected from a random sample of 100 mixed sorghum producer. The results shows that 79% of the respondents were male, 80% had formal education and their average farm size 2.5 hectare. A gross margin and net income of ₦44,764.87 and₦ 42,414.01per hectare respectively revealed that mixed sorghum production is profitable. The result of the stochastic frontier production analysis shows that the variance parameter, that is sigma squared (ɗ 2) and gamma (ϒ) were statistically significant at 1% level. The coefficient of farm size and seed were positive and significant at 1% level while family and hired labour were negative and insignificant. Profit level can be increased by increasing the amount of farm size and quantity of seeds and decreasing the use of manual labour. Mean efficiency was 0.8823 meaning that farmer operates at 11.77%below frontier level due to variation in technical efficiency. Major problems identified were pest and diseases, shortage/high cost of input, and shortage of storage facility. Timely supplies of input at subsidized rates and financial support to farmers among others were proffered.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.