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2009•Journal of Food Products MarketingRequires access

Profitability Evaluation of Maize Storage Techniques by Farmers and Traders in Kwara State, Nigeria

M. O. Adetunji

Open publisher page 9 citations

Abstract

The study examined the benefit of using local (LS), semi-modern (SMS), and modern storage (MS) among maize farmers and traders in Kwara State, Nigeria. Multi-stage sampling technique was used to choose 188 maize farmers and 182 traders. Structured questionnaires were administered to collect data. Descriptive, budgetary, partial budget and marginal analysis were used for analysis. Some farmers (37.9%) used LS while 46% of the traders used SMS. The MS usage was profitable, with gross margin of N12,435/tn. MS had the highest difference in gross margin and highest marginal rate of return. MS is therefore highly recommended to be used.

About this research paper

What this paper is about

The study examined the benefit of using local (LS), semi-modern (SMS), and modern storage (MS) among maize farmers and traders in Kwara State, Nigeria. Multi-stage sampling technique was used to choose 188 maize farmers and 182 traders. Structured questionnaires were administered to collect data. Descriptive, budgetary, partial budget and marginal analysis were used for analysis. Some farmers (37.9%) used LS while 46% of the traders used SMS. The MS usage was profitable, with gross margin of N12,435/tn. MS had the highest difference in gross margin and highest marginal rate of return. MS is therefore highly recommended to be used.

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OpenAlex reports 9 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

The study examined the benefit of using local (LS), semi-modern (SMS), and modern storage (MS) among maize farmers and traders in Kwara State, Nigeria. Multi-stage sampling technique was used to choose 188 maize farmers and 182 traders. Structured questionnaires were administered to collect data. Descriptive, budgetary, partial budget and marginal analysis were used for analysis. Some farmers (37.9%) used LS while 46% of the traders used SMS. The MS usage was profitable, with gross margin of N12,435/tn. MS had the highest difference in gross margin and highest marginal rate of return. MS is therefore highly recommended to be used.

Key concepts: Gross margin, Profitability index, Margin (machine learning), Agricultural science, Agriculture, Business, Multistage sampling, Descriptive statistics

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