Profitability of cassava production in the Ashanti region of Ghana
Cassava is a crop that is massively produced and consumed in Ghana even though it is produced by subsistence farmers. The aim of this study is to analyse the cost and returns of cassava farmers. Farmers profitability was accessed using the gross margin, net present value and the benefit cost ratio....
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| Format: | Article |
| Language: | English |
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University of Debrecen
2020-06-01
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| Series: | Apstract: Applied Studies in Agribusiness and Commerce |
| Subjects: | |
| Online Access: | https://ojs.lib.unideb.hu/apstract/article/view/8843 |
| _version_ | 1818776496234299392 |
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| author | Paul Okyere Jacqueline Baidoo |
| author_facet | Paul Okyere Jacqueline Baidoo |
| author_sort | Paul Okyere |
| collection | DOAJ |
| description | Cassava is a crop that is massively produced and consumed in Ghana even though it is produced by subsistence farmers. The aim of this study is to analyse the cost and returns of cassava farmers. Farmers profitability was accessed using the gross margin, net present value and the benefit cost ratio. SWOT analysis was conducted to access challenges faced by cassava farmers. Data was collected by personal interview from fifty (50) cassava growing farmers in the Sekyere East District of the Ashanti Region, Ghana. The Costs and returns analysis show gross margin of USD 22.75 per acre. It was concluded that cassava is cultivated for both consumption and revenue. Even though there is low investment of capital in cassava production, it helps farmers to make use of available resources (personal savings, land and labour) which would have been idle. Further should compare profitability of crops that compete for use of famers land.
JEL. CODE: Q13, Q19
ARTICLE IN PRESS! |
| first_indexed | 2024-12-18T11:13:51Z |
| format | Article |
| id | doaj.art-7c8bbdc1d55144dfacc2bcb10e816947 |
| institution | Directory Open Access Journal |
| issn | 1789-221X 1789-7874 |
| language | English |
| last_indexed | 2024-12-18T11:13:51Z |
| publishDate | 2020-06-01 |
| publisher | University of Debrecen |
| record_format | Article |
| series | Apstract: Applied Studies in Agribusiness and Commerce |
| spelling | doaj.art-7c8bbdc1d55144dfacc2bcb10e8169472022-12-21T21:09:57ZengUniversity of DebrecenApstract: Applied Studies in Agribusiness and Commerce1789-221X1789-78742020-06-01141-2Profitability of cassava production in the Ashanti region of GhanaPaul Okyere0Jacqueline Baidoo 1Kumasi Institute of Tropical Agriculture University of Ghana; Department of Agriculture Economics and AgribusinessCassava is a crop that is massively produced and consumed in Ghana even though it is produced by subsistence farmers. The aim of this study is to analyse the cost and returns of cassava farmers. Farmers profitability was accessed using the gross margin, net present value and the benefit cost ratio. SWOT analysis was conducted to access challenges faced by cassava farmers. Data was collected by personal interview from fifty (50) cassava growing farmers in the Sekyere East District of the Ashanti Region, Ghana. The Costs and returns analysis show gross margin of USD 22.75 per acre. It was concluded that cassava is cultivated for both consumption and revenue. Even though there is low investment of capital in cassava production, it helps farmers to make use of available resources (personal savings, land and labour) which would have been idle. Further should compare profitability of crops that compete for use of famers land. JEL. CODE: Q13, Q19 ARTICLE IN PRESS!https://ojs.lib.unideb.hu/apstract/article/view/8843Economics FeasibilityCassava farmers’ profitabilityFarmers SWOT analysisGross marginCassava production challenges |
| spellingShingle | Paul Okyere Jacqueline Baidoo Profitability of cassava production in the Ashanti region of Ghana Apstract: Applied Studies in Agribusiness and Commerce Economics Feasibility Cassava farmers’ profitability Farmers SWOT analysis Gross margin Cassava production challenges |
| title | Profitability of cassava production in the Ashanti region of Ghana |
| title_full | Profitability of cassava production in the Ashanti region of Ghana |
| title_fullStr | Profitability of cassava production in the Ashanti region of Ghana |
| title_full_unstemmed | Profitability of cassava production in the Ashanti region of Ghana |
| title_short | Profitability of cassava production in the Ashanti region of Ghana |
| title_sort | profitability of cassava production in the ashanti region of ghana |
| topic | Economics Feasibility Cassava farmers’ profitability Farmers SWOT analysis Gross margin Cassava production challenges |
| url | https://ojs.lib.unideb.hu/apstract/article/view/8843 |
| work_keys_str_mv | AT paulokyere profitabilityofcassavaproductionintheashantiregionofghana AT jacquelinebaidoo profitabilityofcassavaproductionintheashantiregionofghana |