Gross margin analysis of maize-based cropping systems in Oyo State, Nigeria
EO Olorunsanya, OO Akinyemi
Abstract
EO Olorunsanya, OO Akinyemi
Abstract
The study aims at determining the profitability of Maize–based cropping systems in Oyo State. One hundred and twenty farmers were randomly selected from purposively chosen three Local Government Areas of Oyo State. Statistical techniques were employed as analytical tools. The result indicates that maize–based cropping systems in the study area were profitable with positive gross margins for the three identified major cropping systems in the State (maize/yam, maize/cassava, and maize/soybeans).Keywords: maize-based cropping systems, gross margin analysis, profitabilityInternational Journal of Agriculture and Rural Development Vol. 5 2004: 129-133
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The study aims at determining the profitability of Maize–based cropping systems in Oyo State. One hundred and twenty farmers were randomly selected from purposively chosen three Local Government Areas of Oyo State. Statistical techniques were employed as analytical tools. The result indicates that maize–based cropping systems in the study area were profitable with positive gross margins for the three identified major cropping systems in the State (maize/yam, maize/cassava, and maize/soybeans).Keywords: maize-based cropping systems, gross margin analysis, profitabilityInternational Journal of Agriculture and Rural Development Vol. 5 2004: 129-133
Key concepts: Gross margin, Cropping, Local government area, Profitability index, Agriculture, Cropping system, Mathematics, Margin (machine learning)