ECONOMICS OF IMPROVED AND LOCAL VARIETIES OF CASSAVA AMONG FARMERS IN OYO

This study was based on the economics of improved and local cassava varieties and its welfare effect on producing farmers in Oyo State, Nigeria. A three-stage sampling procedure was used to collect information from 144 cassava farmers in the study area. However, only 120 pieces of questionnaires were retrieved and analyzed. Descriptive statistics, Gross Margin and Multiple Regression Analysis were the analytical tools employed for the study. The results of the study showed that a typical household comprised of 8 persons and the farmers were on the average 45.3 years of age. The profitability analysis revealed a Gross Farm Income (GFI) per hectare of N167,733 and N114,569 for improved and local varieties of cassava respectively. Multiple regression model was used to determine the factors influencing the output of cassava in the area. The result showed that farm size, age of the farmer and household size are the variables explaining the variation in output of cassava in the study area. Implicitly, this result showed that in other to increase cassava production, policies that ensure that these farmers have access to land should be emphasized. Also, a policy targeted at encouraging reduction in household size should be put in place for cassava farmers in the study area