ABSTRACT
The study examined the economics of beef
marketing in Ugheili North L. G. A of Delta state. The specific objectives of
the study were to examine the socio-economic characteristic of the traders,
estimating the marketing margin and identify factors which constrained margin.
To achieve the objectives of this study, six markets were chosen out of which a
total of 62 questionnaires were distributed through simple random sampling.
Data were analyzed using descriptive statistics marketing margin analysis and
ordinary least square estimation techniques. The socio-economic analysis shows
that the traders were within the active labour force moderately educated and
financed their business through mainly personal savings. The margin analysis
shows the venture to be profitable purchase cost accounted for 98% of the total
cost, transportation cost accounted for 1.16%, storage cost 0.35%, stall charge
accounted for 0.44%, miscellaneous cost and depreciation of equipment accounted
for 0.21% and 0.08% respectively. The analysis further show that 15% of the
selling price accrue to the retailers as margin. The semi-log functional form
was chosen as the lead equation. Quantity bought, selling, and storage were
found to have significantly affected the revenue. The retailers identified high
cost of transportation and lack of capital as the major problem faced by the
traders. Based on the findings, it is recommended that good roads network and
cheap transportation should be provided by government. Equally adequate trading
capital should be made more available from banks and other formal financial
institutions.
OKORODUDU, 0 (2021). Economics Of Beef Marketing In Ughelli North L. G. A. Of Delta State. Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/economics-of-beef-marketing-in-ughelli-north-l-g-a-of-delta-state-7-2
0, OKORODUDU. "Economics Of Beef Marketing In Ughelli North L. G. A. Of Delta State" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 30 Jun. 2021, https://repository.mouau.edu.ng/work/view/economics-of-beef-marketing-in-ughelli-north-l-g-a-of-delta-state-7-2. Accessed 24 Nov. 2024.
0, OKORODUDU. "Economics Of Beef Marketing In Ughelli North L. G. A. Of Delta State". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 30 Jun. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/economics-of-beef-marketing-in-ughelli-north-l-g-a-of-delta-state-7-2 >.
0, OKORODUDU. "Economics Of Beef Marketing In Ughelli North L. G. A. Of Delta State" Repository.mouau.edu.ng (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/economics-of-beef-marketing-in-ughelli-north-l-g-a-of-delta-state-7-2