Authors :
Ameh, O. E; Ater, I. P; Ayoola J. B
Volume/Issue :
Volume 7 - 2022, Issue 2 - February
Google Scholar :
http://bitly.ws/gu88
Scribd :
https://bit.ly/36XLNjc
DOI :
https://doi.org/10.5281/zenodo.6333754
Abstract :
The major aim of this study was to assess the
performance of cashew nuts markets in North Central
Nigeria. Category of actors in the cashew nuts supply
chain selected for this study include farmers (producers),
village agents, merchants and local buying agents (LBAs).
Structured questionnaire was used to collect data from
396 cashew nuts marketers selected from Kogi, Nasarawa
and Kwara States using multi-stage random sampling
technique. Majors statistical tools used in assessing
market performance of cashew nuts marketers include
descriptive and market margin analysis. Seven major
cashew nuts marketing channels and five major actors
involved in the channeling of cashew nut from the
farmers to the consumers were identified by this study.
All participants in the cashew nuts market supply chain
studied made profit as revealed by the net margin of
N510,034.41, N174,591.25, N627,512.78 and N135,266.70
for merchants, village agents, LBAs and farmers
respectively. The profit ratio of 0.18, 0.15, 0.29 and 0.45
for merchants, village agents, LBAs and farmers
respectively imply that for every N100 invested in cashew
nuts marketing, N18, N15, N29 and N45 were realized as
profit, respectively. ANOVA results revealed that the
average revenue at the three States was significant at 0.05
level while the Turkey B test showed that revenue was
higher in Kogi and Kwara than Nasarawa State. Also the
ANOVA results revealed that marketing margin in the
three States was significant at 10% level while the Turkey
B test, revealed that there was no significant difference in
the market margin across the three States at 0.05 % level
of significance.
Keywords :
Cashew nut, Performance, Market channel, Market margin.
The major aim of this study was to assess the
performance of cashew nuts markets in North Central
Nigeria. Category of actors in the cashew nuts supply
chain selected for this study include farmers (producers),
village agents, merchants and local buying agents (LBAs).
Structured questionnaire was used to collect data from
396 cashew nuts marketers selected from Kogi, Nasarawa
and Kwara States using multi-stage random sampling
technique. Majors statistical tools used in assessing
market performance of cashew nuts marketers include
descriptive and market margin analysis. Seven major
cashew nuts marketing channels and five major actors
involved in the channeling of cashew nut from the
farmers to the consumers were identified by this study.
All participants in the cashew nuts market supply chain
studied made profit as revealed by the net margin of
N510,034.41, N174,591.25, N627,512.78 and N135,266.70
for merchants, village agents, LBAs and farmers
respectively. The profit ratio of 0.18, 0.15, 0.29 and 0.45
for merchants, village agents, LBAs and farmers
respectively imply that for every N100 invested in cashew
nuts marketing, N18, N15, N29 and N45 were realized as
profit, respectively. ANOVA results revealed that the
average revenue at the three States was significant at 0.05
level while the Turkey B test showed that revenue was
higher in Kogi and Kwara than Nasarawa State. Also the
ANOVA results revealed that marketing margin in the
three States was significant at 10% level while the Turkey
B test, revealed that there was no significant difference in
the market margin across the three States at 0.05 % level
of significance.
Keywords :
Cashew nut, Performance, Market channel, Market margin.
