Economic Effect of Commercialization of Cereal Production in Kwara State, Nigeria
No Thumbnail Available
Date
2016
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
DEPARTMENT OF AGRICULTURE, PAPUA NEW GUINEA UNIVERSITY OF TECHNOLOGY, PRIVATE MAIL BAG, LAE, 411, MOROBE PROVINCE, PAPUA NEW GUINEA
Abstract
Enhancing the livelihood of farming households through rational decision making is crucial to economic development. Farmers’ decision to commercialize farm output can assist in achieving economic goal of crop production. The aim of this study therefore, is to examine the economic effect of commercialization of cereal production. This study was analyzed by Ordinary Least Square (OLS) technique and Sandler A-test, using the primary data collected from 160 cereal farmers. The study revealed that the commercialization variables such as the nature of cereal crops sold, crop commercialization experience, non-cereal crop income, rice commercialization index, commercialization cost and access to credit significantly explain the per capita income of cereal production. Sandler’s A-test revealed the significant dispersion of farming households’ income while commercializing cereal crops at different location. Farmers should therefore, harness the commercialization potentials to earn high income from cereal production. Cost saving incentives including transportation subsidy and zero/single digit-interest loan interventions become relevant for cereal farmers to achieve an effective commercialization and hence, increase the returns to cereal production.
Description
Keywords
Commercialization,, farm income,, cereal production,, farming households
Citation
Oyedeji, O. Ajewole, O, Godwin, . R. Joledo, O.. Animashaun, J. O Fakayode, S. B. Aladejebi, O. J. (2015): An appraisal of small-scale poultry farmers’ access and use of agricultural information in Kwara State of Nigeria. Niugini Agrisaiens 7(17-22) Published by the Department of Agriculture, Papua New Guinea University Of Technology, Papua New Guinea.