AKSU Journal of Agricultural Economics, Extension and Rural Development
ISSN(Online): 2736-0040 ISSN(Print): 2695-1975
ISSN(Online): 2736-0040 ISSN(Print): 2695-1975
Abstract
This study examined the economics of yam production in Delta State, Nigeria. Four local government areas (Ika North-East, Aniocha North, Oshimilli Norh and Oshimilli South) were purposively selected where intensive yam cultivation is carried out. A multi stage sampling procedure was adopted in selecting128 respondents that were interviewed. Descriptive statistics, budgetary analysis and regression analysis were used to analyze data. Result revealed that majority of respondents were males (60.9%) who were mostly married (46.1%) with a mean age, educational attainment, farming experience and household size of 33 years, 12 years, 6.8 years and 8 persons, respectively. Findings further revealed a total cost and total revenue of 213, 152,000 and 224,000,000 with a Gross margin and Net farm income of 49,248,000 and 10,848,000 respectively. The estimated benefit - cost ratio was ₦1.05k. Result of the regression analysis shows that the significant determinants of yam production were age, household size, level of education, farming experience and farm size. The major constraints faced by yam farmers were high cost of transportation, insecurity of farmers and lack of good road networks in the study area.