Volume 2, Issue 5, September 2017, Page: 142-148
Analysis of Productive Resources of Maize Crop Among Farming Households in Ekiti State, Nigeria
Owoeye R. S., Department of Agricultural Economics and Extension Services, Ekiti State University, Ado – Ekiti, Nigeria
Adetule F. S., Department of Agricultural Economics and Extension Services, Ekiti State University, Ado – Ekiti, Nigeria
Ajayi G. T., Department of Agricultural Economics and Extension Services, Ekiti State University, Ado – Ekiti, Nigeria
Received: Jun. 28, 2017;       Accepted: Jul. 7, 2017;       Published: Aug. 15, 2017
DOI: 10.11648/j.ijae.20170205.11      View  1927      Downloads  142
Abstract
This study examined productive resources of maize crop among farming households in Ekiti State, Nigeria. The study used multistage sampling techniques. Data were collected from 120 maize farmers through well-structured questionnaires from three Local Government Areas of Ekiti State. The collected data were analyzed by using descriptive statistics, and stochastic frontier regression model. Results from descriptive analysis showed that 30 percent of the maize farmers had secondary school education and above. Majority of the respondents (66.70%) had between 5 and 8 members that made up the household in the study area. It was revealed through the study that the majority of the respondents produced on a fairly large scale with average maize farm size of 3.39 hectares. Also, 80.0% of the maize farmers in the study area had more than 15 years farming experience. With profit of ₦116,590 per hectare and percentage profit of 58.63%, the venture is considered to be highly profitable. Farmers who invested ₦1 realized revenue of ₦1.59. The level of technical efficiency in maize production in Ekiti State ranged from 29.8% to 96.5% with a mean of 64.3%. This means that there are substantial opportunities to increase productivity and income through more efficient utilization of productive resources The RTS parameter (0.931) was obtained from the summation of the coefficients of the estimated inputs (elasticities) which indicates that maize production in the study area was in the Stage II of the production surface. Depreciation, hired labour, family labour, farm size and quantity of seed are the major farm specific variables that influence efficiency of the maize farmers while farming experience, extension access, land acquisition and access to credit contributed to technical inefficiency. It is therefore suggested that effort should be geared towards increasing the technical manpower of farmers, land redistribution policy that will increase the farm size of farmers in order to boost maize production should be encouraged; and in order to increase farmers’ profit, variable costs have to be cut down, since the bulk of the variable cost is incurred on labour, which would lead to greater gross margins and hence the profitability of the enterprise.
Keywords
Productive Resources, Maize Crop, Budgetary Analysis, Technical Efficiency
To cite this article
Owoeye R. S., Adetule F. S., Ajayi G. T., Analysis of Productive Resources of Maize Crop Among Farming Households in Ekiti State, Nigeria, International Journal of Agricultural Economics. Vol. 2, No. 5, 2017, pp. 142-148. doi: 10.11648/j.ijae.20170205.11
Copyright
Copyright © 2017 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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