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ANALYSIS OF CASSAVA PRODUCTION IN AKPABUYO LOCAL GOVERNMENT AREA: AN ECONOMETRIC INVESTIGATION USING FARM-LEVEL DATA
ABSTRACT: The study analyzed the economics of cassava production in Akpabuyo LGA of Cross River State. Multistage random sampling technique was used to select a sample size of 75 respondents for the study using a validated structured questionnaire. Data analysis was carried out using descriptive statistics, budgetary method and regression analysis. Findings revealed that farm size, labour, the quantity of fertilizer, and gender were the significant factors affecting cassava production in the study area. The coefficients of elasticity showed that a 10% increase in capital, labour, number of bundles and quantity of fertilizer would lead to 0.06, 0.84, 0.03 and 0.85% increase respectively in cassava production while that of farm size will lead to -0.64% decline in cassava production. Total Cost (TC) per hectare of N35,990.4 was incurred in cassava production and a net farm income (NFI) of N39,957.6 was earned and return on naira invested was N2.11. Unfavourable government policies, sparse marketing outlets, inadequate capital, high cost of inputs, insufficient farmland, high cost of transportation and lack of extension services were the severe constraint faced by cassava farmers in the study area. Extension agents should be mobilized and sent to the study area to educate the farmers on the innovation practices available for cassava farming to encourage its production.
KEYWORDS: cassava, production, profitability ,constraint