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Table 5 Returns analysis of cocoyam production (hectare) by districts

From: Is there any economics in smallholder cocoyam production? Evidence from the forest agro-ecological zone of Ghana

Item

Average value (GH¢); GH¢ 1.00 = USD 0.29 (BoG, 2016)

Asante Akyem South

Asunafo North

Fanteakwa

Pooled

Cocoyam output

Quantity of corms harvested (kg)

6033

6623

6873

6515

Selling price per kg (corms)

1.01

1.09

1.29

1.13

Quantity of leaves harvested (kg)

881

483

411

592

Selling price per kg (leaves)

1.4

1.4

1.4

1.4

Revenue (value of production)

CormsD

6093

7219

8866

7362

Leaves

1233

676

575

829

Total returnsE

7327

7895

9442

8191

% contribution of leaves to total revenue

17

9

6

11

Gross margin (D–A) (corm only)F

3341

4209

5567

4335

Gross margin (E–A)G

4575

4885

6143

5164

Net income (D–C) (corm only)

2973

3956

5168

3995

Net income (E–C)

4207

4632

5744

4824