Effect of Ondo State Agricultural Inputs Supply Agency on profitability of crop farmers in Owo Lga, Ondo State, Nigeria

Abstract

This study assessed the effect of Ondo State Agricultural Inputs Supply Agency (OSAISA) on the profitability of crop farmers in Owo Local Government Area of Ondo State, Nigeria. The study specifically described the socio-economic characteristics of arable crop farmers, compared the profitability of OSAISA patronizing food crop farmers (PF) and non-patronizing food crop farmers (NPF) and identified the various constraints encountered by patronizing farmers in dealing with OSAISA. One hundred and twenty food crop farmers random sampling procedure. Information was obtained from the respondents using a well-structured questionnaire. Data collected were analyzed with both descriptive statistics and budgeting technique. Findings revealed that 88.3% and 86.7% of the PF and NPF, respectively were males. About 50.0% of PF and 56.7% of NPF were between 41 and 50 years of age. The net farm income of the PF was greater than the NPF and benefit cost ratio for PF was more sustainable and viable than that of NPF. The major constraint faced by the OSAISA’ PF was inadequate capital to purchase the desired inputs. Based on the results, the study concludes that OSAISA contributes tremendously to the profitability of patronizing farmers in the study area. It is, therefore, recommended that farmers should be given easy access to acquire loan to meet their input demand and farming business in general; including adequate and timely supply of inputs for effective and efficient productivity.