Costs and Returns to Potassium Fertilizer Application in Melon (Egusi) Seed Yield and Oil Production

O.J. Ayodele

Abstract


Cost-Benefit analysis was carried out on the responses of economic yield attributes of melon (egusi) to potassium (K) application rates over three years. The Value-Cost ratio (VCR) was determined at the unsubsidized and subsidized prices of muriate of potash (MOP) fertilizer. Returns to seed yield were positive in 2006 and 2007 due to significant agronomic responses to K application. The 20 kg K.ha-1 rate resulted in highest profitability of ?3.93 and ?7.51 in 2006 and 2007 for every ?1.00 invested in subsidized MOP and which reduced to ?3.01 and ?6.77 without subsidy, respectively. Incremental oil yield rose with K rates but did not attain financial profitability in all the years. Shelling to remove the seed coat was the most labour intensive which increased processing cost. The need to increase seed efficiency in egusi and develop more efficient processing were discussed

Keywords: egusi, seed, egusi oil, response coefficient, Value-Cost ratio


Full Text: PDF
Download the IISTE publication guideline!

To list your conference here. Please contact the administrator of this platform.

Paper submission email: JBAH@iiste.org

ISSN (Paper)2224-3208 ISSN (Online)2225-093X

Please add our address "contact@iiste.org" into your email contact list.

This journal follows ISO 9001 management standard and licensed under a Creative Commons Attribution 3.0 License.

Copyright © www.iiste.org