• profitability analysis of groundnut oil processing in Malawi
  • profitability analysis of groundnut oil processing in Malawi
  • profitability analysis of groundnut oil processing in Malawi
  • profitability analysis of groundnut oil processing in Malawi
  • How profitable is groundnut production in Chegutu District?
  • This study found a net rate of return (NRR) of 0.31 for groundnut production by smallholder communal farmers in Chegutu district.
  • Is groundnut production profitable?
  • The results indicate that groundnut production was profitable with a positive average gross margin of US$100.11 per hectare and a positive Net Income of US$77.93. This was supported by a Gross Rate of Return of 0.45 and Net Rate of Return of 0.31, which were quite significant in the profitability of the enterprise.
  • Should groundnut production be encouraged?
  • Groundnut production should be incentivized to encourage communal farmers to view the crop as a profitable enterprise and to better appreciate its additional value in improving soil fertility, especially when planted in rotation with the staple maize crop.
  • Is groundnut production a source of employment for rural dwellers?
  • Groundnut production can provide employment to rural dwellers as it is labour intensive and has high returns, indicating possible high levels of labour absorption.
  • Which socio-economic factors affect profitability of groundnut production?
  • Multiple regression analysis was used to determine the socio-economic factors that have a significant impact on the profitability of groundnut production. The family size, level of formal education, land size, and access to loans were all statistically significant with an R2 value of 72%.
  • Is groundnut a profitable crop?
  • According to Makuvaro et al. (2014), groundnut is a high-value crop with low cost inputs relative to other crops such as maize, wheat and tobacco. This should translate into a profitable enterprise preferred by resource poor smallholder farmers.