Abstract: A Study on analysis of profitability in maize production in Obubra local Government Area of Cross River State, Nigeria, was carried out. Specifically, the study was set to achieve the following objectives; determine agricultural technologies used and the profitability of maize production in the area. Data required for the study were generated through the use of pre-tested structured questionnaires. The data were analyzed using descriptive statistics and net farm income model. Result indicated that the use of technology for maize production was poor and has significant influence on profit of maize production. For the profitability analysis, the total revenue realized from maize production per hectare was ₦192,800, with a total variable cost of # 61,500/ha and a total fixed cost of ₦29,000. The maize producers made a net income of ₦ 102,300/ha indicating that the farmers made profit from their investment. The return per naira of 2.13 indicated that every naira invested yielded ₦2.13 to the farmers. The gross ratio 0.47 indicated overall financial success of maize production in the area, as the ratio is less than one. The operating ratio was also found to be 0.32 which showed the solvency of the maize farm. Based on the findings of the study, the following recommendations were advanced: functional extension services is advocated to help teach maize farmers the use of production technologies and government and NGO’s should provide incentives to these farmers to assist in large scale production that can afford reasonable profit.
Keywords: profitability, farmers, farm income, agricultural technology, maize.
Title: Analysis of Profitability in Maize Production in Obubra Local Government Area of Cross River State, Nigeria
Author: Ettah, O. I, Ettah, Goddy I., Ukwuaba, I. C.
International Journal of Interdisciplinary Research and Innovations
ISSN 2348-1218 (print), ISSN 2348-1226 (online)
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