CASSAVA PROCESSING AND MARKETING OPTION FOR SUSTAINABLE AGRICULTURAL DEVELOPMENT

CASSAVA PROCESSING AND MARKETING OPTION FOR SUSTAINABLE AGRICULTURAL DEVELOPMENT

Abstract

This study examined the economics and profitability(Agricultural development) of improved cassava production technologies in Enugu State. A multi-stage sampling technique was adopted for this study. The result shows that the socio-economic characteristics of the respondents revealed that 43.75% of the farmers made the modal age group between 41-50 years. 71.25% of the respondents were male and each of them has at least primary education, 72.50% of the farmers were married, 46% of them had an average of 6 year experience in cassava production, 68.75% of the respondents have 4.9 hectares while 23.75% has less than 1 hectare of farm size. In the area of capital source for production: 45% of the farmers sourced their capital through cooperative societies, 26.25% source for capital through personal savings, 21.25% made their source through money lenders, while only 8% obtained loans through commercial banks. The respondents reported the following as their major constraints which was rated in percentage (%), which slowed down the growth and development of their production/farming in the area of study; these were inadequate source of fund (capital) and high interest rate (23.75%), poor transportation facilities (13.75%), high cost of tractor hiring services (12.50%), inadequate access to land for farm use (11.25%), less impacts of extension services (7.50%), and poor pricing for the products i.e lack of ready market (6.25%). The Gross Margin (GM) for the farming was ₦27, 754.00 with the benefit/cost ratio at ₦2.40. This however revealed that the improved cassava farming is profitable in the study area; for every ₦1 invested there was a return of ₦2.40 kobo. The study recommended that Government should provide low micro-credits, functional extension services, provision of rural infrastructure and subsidized tractor hiring service with adequate maintenance of farm machineries.

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