International Journal of Agricultural Extension and Rural Development Studies (IJAERDS)

EA Journals

Profitability

Analyses of Cowpea Grains Stored with Purdue Improved Cowpea Storage (PICS) Technology in Madagali Local Government of Adamawa State, Nigeria (Published)

Cowpea is a food security crop and a main source of income for farmers in Nigeria. However, postharvest storage remains a major challenge due to insect pest attack. Infestations impose serious challenge to cowpea storage and negatively affect trade and utilization of cowpea in Nigeria. Purdue Improved Cowpea Storage (PICS) technology provides effective control against these storage pests, thus, allowing farmers to tap into better grain prices during the lean season. The study analysed the gains in cowpea stored with PICS technology in Madagali Local Government Area of Adamawa State, Nigeria. The objectives of the study include; determining the effect of PICS technology use on cowpea loss and to estimate the returns to cowpea stored with PICS technology. Two hundred and forty (240) respondents were identified and interviewed using networking or snowballing non-random sampling technique. The analytical tools used for the study were the gravimetric (count and weight) method and marketing margin analysis. The result of the study showed that storing with PICS technology reduced weight loss in cowpea by 16.3%, valued at N3, 450 per bag per season. The use of PICS technology gave a higher marketing margin of N11, 297.88/bag with farm-to-retail price spread of 45.5% than N8, 285.83/bag and farm-to-retail price spread of 37.8% in woven bag. The study recommends that, farmers association be used as an avenue to promote and create awareness on the economic benefits of PICS technology.

Keywords: Madagali, PICS technology, Profitability, Storage, count and weight, cowpea

Profitability and Marketing Efficiency of Smoked Fish: An Empirical Evidence from Ondo State, Nigeria (Published)

The level of efficiency and profitability of the market and marketing functions are very important for sustainable marketing of agricultural products like fish. To ensure continuous availability of fish for human consumption, nutrition, and wellbeing, the Nigerian economy requires effective and efficient marketing systems. Fish marketing serves as a medium for bridging the gap between producers and consumers of fish. The study considers 80 fish marketers from Ondo state using purposive sampling technique. The data collected for the study were analysed using budgetary technique and shepherd efficiency model. The study revealed that fish marketing is profitable with gross margin of #38,101.36 and 15k as return on investment. The shepherd efficiency model revealed that fish marketing activities among fish marketers is highly efficient with efficiency value far higher (558.0%) than 100% deducing that an increase in the cost of performing marketing service (that is added time, form and place utility) by 100 percent will give a more than proportionate increase of 458.0 percent in the level of satisfaction derived from a kilogram of fish sold in the market. It was recommended that government should focus on policy that encourages farmers and young graduates in the business as it is noted for profitability, efficiency and a source of livelihood.

 

Keywords: Efficiency, Fish, Marketing, Profitability

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