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Cost and Return Analysis of Rice Production in Song Local Government Area of Adamawa State, Nigeria

Journal: International Journal of Advances in Agricultural Science and Technology (IJAAST) (Vol.5, No. 2)

Publication Date:

Authors : ;

Page : 55-62

Keywords : Adamawa state; Cost and return; Naira; Net income; Rice;

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Abstract

The study analysed cost and return of rice production in Song local government area of Adamawa state, Nigeria. Primary data for 2016/17 rice production were randomly collected from 130 respondents using pre-tested schedule. The Commission on Agricultural Cost and Price(CACP) was adopted to analysed the data. Findings revealed that rice production is a profitable venture in the study area. The net income over cost C3 was found to be N45,176.15 per hectare while the input-output ratio had Cost A1 (1:2.65) as the highest ratio and cost C3 (1:1.67) as the lowest ratio. The cost of production in naira per hectare was also worked out with cots A1 N2, 497.229 as the lowest cost while cost C3 N3,960.226 as the highest cost. The study suggests that government should provide modern farm machineries to ease the cost of farm labour and introduce district wise distribution of fertilizers and agro-chemicals to rice farmers in the study area.

Last modified: 2018-02-28 00:51:16