An Analysis of the Profitability of Groundnut Production by Small-holder Farmers in Chegutu District, Zimbabwe
2017; IISTE; Volume: 8; Issue: 8 Linguagem: Inglês
ISSN
2222-2855
AutoresTererai Katema, Emmanuel Mwakiwa, Benjamin Hanyani‐Mlambo, Munashe Ronald Gomera, Tafirei Chamboko,
Tópico(s)Peanut Plant Research Studies
ResumoThis study analyzes the viability and profitability of groundnut production by smallholder communal farmers in Chegutu district. A gross margin budget was used to compute the gross rate of return (GRR), and found to be 0.45. Proxing for fixed costs, net profit was computed and a net rate of return (NRR) of 0.31 was found. Multiple regression analysis was used to determine the socio-economic factors affecting profitability of groundnut production. Family size, level of formal education, land size and access to loans were all statistically significant with R 2 value of 72%. The major constraints were inadequate labour, high input costs, aflatoxin, poor extension services and poor access to loans. Groundnut is a profitable enterprise for smallholder farmers in Chegutu district. Smallholder farmers were encouraged to produce groundnuts at commercial level, use more modern inputs and explore commodity value addition. Keywords: groundnut, profitability, aflatoxin, Chegutu
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