Economics of soyabean marketing in Kwara State, Nigeria.
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Date
2012
Authors
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Publisher
Faculty of Agriculture, Bayero University, Kano
Abstract
This study examined marketing of soyabean in Kwara State, Nigeria through marginal analysis and
farmers’ share of the consumers expenditure that went to the marketing system in 2011. Primary data
obtained through a combination of purposive and random sampling techniques from 45 wholesalers
and 75 retailers were used for the study. Structured interview schedule was used in cross-sectional
data collection from the traders. The marketing margin at the wholesale and retail levels were N5,127
and N2,425 per metric tonne respectively. The farmers’ share indicate that 15.55% and 8.60% of the
consumers expenditure on soyabean went to the participants in the marketing system respectively,
implying a low market performance. Therefore, there should be provision of market facilities and
unhindered dissemination of market intelligence and information among the traders to improve
market performance by the traders. The introduction of extension education programmes for the
marketing intermediaries will also improve their technical knowledge and skills to make the
marketing system become responsive to consumers’ demand.
Description
Keywords
Soyabean, marketing margin, market performance, intermediaries
Citation
12. Omotesho, O. A., Falola, A. & Ajayi, G. T. (2012): Economics of soyabean marketing in Kwara State, Nigeria. Savannah Journal of Agriculture, 7(1):110–116. Published by Faculty of Agriculture, Bayero University, Kano, Nigeria. Available online at http://savannajournal.com/Publications/Vol7No1/SJA%20110%20-%20116.pdf.