Economic Analysis of Maize Production in Ogori Magongo Local Government Area of Kogi State, Nigeria

Type Journal Article - International Journal of Agricultural Science, Research and Technology (IJASRT)
Title Economic Analysis of Maize Production in Ogori Magongo Local Government Area of Kogi State, Nigeria
Author(s)
Volume 2
Issue 3
Publication (Day/Month/Year) 2012
Page numbers 111-115
URL http://ijasrt.webs.com/2012.3-2.111-115. Mohammed et al ijasrt 20-06.pdf
Abstract
The study assessed economic of maize production in Ogori/Magongo local government area of Kogi
State. To this end, effort was made to examine the socio economic characteristics of the maize farmers,
determine the resource use efficiency, problems as well as profitability of maize production in the area.
To achieve the objectives of this study 48 maize farmers where randomly selected from 5 wards from
the local government area, three wards from Ogori and two wards from Magongo. Data were analyzed
using descriptive statistics, gross margin and multiple regression models. Results showed that 68.75%
of farmers used hired labor, 93.75% personal savings and 70.83% used seed from previous harvest for
their farm operations. Analysis revealed that farm size, fertilizer and seed were significant factors
influencing output level. Estimated efficiency ratio (r) shows that resources where underutilized and the
gross margin per hectare of land was N 35,370, implying that maize production is profitable in the
study. The problems identified by maize farmers were inadequate capital (68.75%), lack of improved
seed (52%) while (31%) of the farmers lacked fertilizer to increase production.

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