ANALYSIS OF COWPEA MARKETING AND PRICE TRENDS IN SOME SELECTED RURAL AND URBAN MARKETS IN KADUNA STATE, NIGERIA
ANALYSIS OF COWPEA MARKETING AND PRICE TRENDS IN SOME SELECTED RURAL AND URBAN MARKETS IN KADUNA STATE, NIGERIA
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Date
2015-12
Authors
YOHANNA, Joshua
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Abstract
The study analyzed cowpea marketing and price trend in some selected rural and urban
markets in Kaduna State, Nigeria. A multi-stage sampling technique was used for
sample selection. The first stage was purposive selection of Maiganaagricultural zone in
Kaduna State; namely Ikara, Makarfi, Giwa, Shika, Galadimawa and Tudunsaibu. The
second stage involved purposive selection of Giwa market as a reference market while
Ikara, Makarfi, Shika, Galadimawa and Tudunsaibu markets as the supplying markets
from Maiganaagricultural zone markets. A simple random techniquewas employed to
select 15% of the sample Frame (1474) of thecowpeamarketers obtained from the list of
Marketers‟ Associations/Union. Primary and secondary data were used for the study.
Primary data were collected from 221 respondents with the aid of structured
questionnaire.Secondary data were obtained from the Kaduna Agricultural
Development Programme Office (KADP)and National Agricultural Extension Research
and Liaison Service (NAERLS), Zaria which covered the wholesale monthly prices for
96 months (2007-2014). The statistical tools used to analyze the data were descriptive
statistics, spatial price model and temporal price model. The results of the study shows
an average age of the respondents 34 yearsand majority of the markets about 70% had
formal education with an average household size of 8 persons which makes them have
appreciable number of persons for family labour and marketingactvities. About 63.8%
of the respondents do not join any cooperative association and the majority 71.4% of the
respondents are married while 77.8% of the cowpea marketers do not have access to
credit to finance their business. Analysis of spatial aspects of pricing efficiency show
that the expected and actual price spreads between Giwa and five selectedsupplying
markets, the positiveprice spread is substantially high, even after considering plausible
levels of unmeasured transaction costs. Analysis of temporal price relationships
indicated that seasonal price increases commonly exceeded cost of storage
forcowpeawhich provided the opportunity to make more than normal profit.
Considerable risk was involved in storage operations to achieve high profits. The
constraints identified in the study area, were lack of access to credit (93.2%), inadequate
market information (89.1%), inadequate market infrastructure (81.9%), provision of
quality product (58.4%) and poor storage facilities (40.3%). It is recommended that
marketers should form cooperatives or association that can assist them in provision of
physical facilities and better dissemination of market intelligence and information.
Description
A DISSERTATION SUBMITTED TO THE SCHOOL OF POSTGRADUATE
STUDIES, AHMADU BELLO UNIVERSITY, ZARIA, IN PARTIAL
FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF MASTER
OF SCIENCE DEGREE IN AGRICULTURAL ECONOMICS.
DEPARTMENT OF AGRICULTURAL ECONOMICS AND RURAL
SOCIOLOGY, FACULTY OF AGRICULTURE
AHMADU BELLO UNIVERSITY
ZARIA, KADUNA STATE
NIGERIA
Keywords
ANALYSIS,, COWPEA MARKETING,, PRICE TRENDS,, SELECTED RURAL,, URBAN MARKETS,, KADUNA STATE,, NIGERIA