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Economic Analysis of Yam Production under The Taungya Agroforestry System with Cost Analysis

O. O. Ogunjinmi(1), O. O. Oyedare(2), A. O. Atanda(3),


(1) Emmanuel Alayanda University of Education
(2) Federal College of Forest Resources Management
(3) Emmanuel Alayanda University of Education
Corresponding Author

Abstract


The study was carried out to investigate the economic analysis of yam production under the taungya agroforestry system in some selected Local Government Areas in Oyo State. A multistage sampling procedure was used to select 80 farmers producing yam under the taungya agroforestry system in the study area and structured questionnaires were administered based on the objectives of the study. Descriptive statistics, gross margin, and regression analysis were used to analyze the data collected. The gross margin of the yam farmers in the study area was #337,013.00. This implies that yam production under the taungya agroforestry system was profitable in the study area. The results of regression analysis reveal that household size, years of experience in the taungya agroforestry system, farm size, and level of farming were statistically significant in determining the output of yam in the study area. The study also revealed that there are a lot of benefits and challenges associated with practicing yam production under the taungya agroforestry system. Therefore, the study recommended that the government at all levels should provide commodity exchange arrangements that will see to the regulation of yam price market price, provision of basic infrastructural amenities, and provision of loans to farmers. Lastly, the government should ensure adequate security against theft.

Keywords


Agroforestry; Profitability;Taungya; Woodland

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