The study was on economics of cocoyam production in Anambra State. Data used were generated
through structured questionnaire and interview schedules administered on 120 cocoyam farmers
selected randomly from the study area. Net farm income analysis was used to capture the
profitability of cocoyam production in the study area. Furthermore, ordinary least squares
regression method was used to analyse the resource use efficiency data, subsequently the
allocative indices of the farmers were derived and explained. Result shows that cocoyam
production in the study area is profitable with average total revenue of N840,000, total cost of
N408,608 and net farm income of N431,392. Result of the resource efficiency showed that farmers
did not achieve optimum allocative efficiency in the use of the any of the resources. In general, the
elasticity of production show that they were operating at increasing returns to scale.