TY  - JOUR
T1  - Profitability of Catfish Production in JOS Metropolis of Plateau State, Nigeria: A Profit Function Approach
AU - Okeke-Agulu, K.I. AU - Chukwuone, N.A. 
JO  - Agricultural Journal
VL  - 7
IS  - 3
SP  - 226
EP  - 229
PY  - 2012
DA  - 2001/08/19
SN  - 1816-9155
DO  - aj.2012.226.229
UR  - https://makhillpublications.co/view-article.php?doi=aj.2012.226.229
KW  - profitability
KW  -Catfish production
KW  -net farm income
KW  -profit function
KW  -labour
KW  -Nigeria
AB  - The study examined the profitability of catfish production in JOS metropolis of Plateau state, Nigeria. Primary data were obtained from 60 respondents drawn from the list of members of catfish farmers association using simple random sampling technique. Data were analysed using net farm income and profit function models. Results showed that the average returns per farm of 1000 fish capacity was 246,343 per production cycle while the returns per naira invested was 2.3 times. The profit function analysis revealed that 83% of the variation in maximum variable profit was explained by the combined effects of the variable costs in the function. The t-statistics indicated that with the exception of labour, all other variable costs were positively significant in influencing profit, although the cost of drugs and veterinary care showed a negative significant relationship. The study recommends the investigation of the alleged detrimental effect of cold weather on fish growth and development in the study area by the National Institute for Fresh Water fisheries research with a view to advising the farmers appropriately.
ER  - 