Economic Analysis of Rainfed Rice Production in Gassol Local Government Area of Taraba State, Nigeria.
1ALAM M.K., 2IDOKO M.D., 1MUSA A.H., 1BASHIR M.B. AND 1ADI S.S.
1Department of Agricultural Extension and Management, Taraba State College of Agriculture, Jalingo, Taraba State, Nigeria
2National Biotechnology Development Agency (BIODEC) Jalingo – North East Zone, Taraba State, Nigeria.
E-mail: meetalammk@gmail.com
ABSTRACT
The
study analyzed the economics of rainfed rice production in Gassol Local
Government Area of Taraba State, Nigeria. The specific objectives were to
describe the socio-economic characteristics of rainfed rice farmers, estimate
the cost and returns of rice production and identify the constraints to rice
production in the study area. Primary data were collected from 88 rice farmers
using purposive and random sampling techniques and were analyzed using
descriptive statistics and gross margin analysis. The results revealed that
76.14% of the respondents were below 41 years of age, majority (80.68%) were
males, 70.45% were married and most (85.23%) were formally educated. Also
72.73% of the farmers had farming experience for more than five years and
majority (79.54%) had farm size of less than five hectares of farmland. The
findings on the Gross Margin analysis indicated that rainfed rice farmers
incurred a total cost of N49,00% per
hectare of rice production and had an average yield per hectare of 1300kg which
were sold at an average market price of N60/kg.
The result further shows that the Gross income, gross margin, net farm income
and return on Naira invested were: N78,000,
N36,000, N28,992 and N0.59k
respectively. The constraints to rainfed rice production were identified as:
inadequate fund, high cost of labour, high cost of farm inputs, price
fluctuation, poor marketing outlet, pests and diseases, poor storage facilities
and insecurity. Rainfed rice farmers are encouraged to form or join cooperative
society to enable them get financial supports from Government and financial
institutions. Government should also subsidize the prices of farm inputs to
make them accessible and affordable to farmers. Also improve varieties of seeds
should be supplied to rice farmers which yields more and is less vulnerable to
diseases, insects and rodents attack.