profitability analysis of groundnut oil processing among

Analysis of Costs And Returns of Groundnut Processing in

Analysis of Costs And Returns of Groundnut Processing in Taraba State,Nigeria. important in the confectionary trade among the rural traders and the stable oil from groundnut is preferred by the deep-frying industries since it has a smoke point of 229.40 c compared to soyaoil. The oil is also used to make margarine and mayonnaise (Hulme and Mosley, 1996). Confectionary products such as

A Sample Groundnut Oil Production Business Plan Template

xmlns="w3.org/2000/svg" viewBox="0 0 16 16" enable-background="new 0 0 16 16" width="16" height="40">Groundnut Oil Production Business Plan Sales and Marketing StrategyCooking Oil Production Business Plan Publicity and Advertising StrategyGroundnut Oil Production Business Plan Sustainability and Expansion Strategy xmlns="w3.org/2000/svg" viewBox="0 0 16 16" enable-background="new 0 0 16 16" width="16" height="40">1. Sources of IncomeMcQueen Groundnut Oil Inc is a leading and standard groundnut oil producing business that has been established with the aim of generating revenue and maximizing profit not only here in Fort Lauderdale Florida, all over the United States of America as well as globally as well.We intend to make profits from sales of different products and offering of services to our various customers. McQueen Groundnut Oil Inc will generate revenue from the following products and services...

(PDF) An Overview of Groundnut Oil Extraction Technologies

Comparative evaluation of the kneading process using same quantity of groundnut (i.e. 6.5kg) revealed that average percent oil extracted was 34.7% with the mechanical kneader, whilst it was 26.4%

TRADITIONAL AND MODERN GROUNDNUT PROCESSING AND

The focus was on groundnut oil processing and marketing systems; input use efficiency in production and factors that made for efficiency; profitability of the processing activity and factors that determined profitability; examination of value added by processing; integration of markets for the processed products and problems of the industry. A total of 175 traditional processors were selected

Gross Margin Analysis of Modern Groundnut Oil Extraction

The study examined the profit and market efficiency of small-scale modern groundnut oil extraction of RMP-12 and Ex-dakar varieties in Gombe Metropolis Nigeria. A multi-stage sampling technique was used to select 90 small-scale groundnut oil processors. Data were collected using structured questionnaires and were analysed using farm budget, sherphered-futrel and paired t-test models.

Cited by: 3

Profitability Analysis of Groundnut Production in Chikun

Profitability Analysis of Groundnut Production in Chikun Local Government Area, Kaduna State, Nigeria Ayodele, J.T. Federal College of Mechanization P.M.B. 2273, Afaka, Kaduna, Nigeria Abstract: This study assessed the profitability analysis of groundnut production in Chikun Local Government Area of Kaduna State. Structured questionnaire was used to generate primary data for the study

Efficiency Measurement of Modern Groundnut Oil

The study examined the marketing efficiency of modern groundnut oil processing of RMP-12 and Ex-dakar varieties in Gombe Metropolis. The focus was on the profitability of the business, market structures and efficiencies of the products. The study area was delineated into six market districts where two markets each, were selected for their popularity in groundnut oil processing.

Author: A Saleh, J E Ochi, M H Sani

Groundnut Oil Production Business Plan in Nigeria

The production process for groundnut can be grouped into three stages such as preparation, pressing and crude oil refining. 1.2 EXECUTIVE SUMMARY Sambisa Oil Plc. is a leading and standard groundnut oil producing company here in Maiduguri Borno State that intends to produce cooking groundnut oil to domestic and commercial customers not only here in Nigeria but also all

(PDF) Gross Margin Analysis of Modern Groundnut Oil

Malumfashi and Muhammed, S. G. "Profitability Analysis of Groundnut Production in Bauchi LGA of Bauchi State Nigeria". Savannah Journal of Agriculture, 1: 165-170. 2006. Savannah Journal of

Comparative Costs and Returns Pattern of Small-scale

Twelve markets were purposively selected for their popularity in groundnut oil processing, where 90 processors were selected by simple random sampling technique. Data were collected using structured questionnaires and were analysed using farm budget model, profitability index and t-test analysis. The results revealed that Cost of shelled groundnut constituted the major (92.3% and 91.6%

Author: Abdullahi Saleh, J E Ochi, Mohammed Sani Hussain

Analysis of Profitability of Groundnut Production in

the profit or marketing margins among other things. [12] In a study of production analysis of groundnut in Ezeagu local Government Area of Enugu State, found out that farmers employed traditional method of farming and use of family labour. He also found out that, groundnut production was a profitable enterprise with a gross margin of N8,466.00/ha and a sizeable profit of N6,067.00/ha

Project Report on Ground Nut Oil Manufacturing

Project Report on Ground Nut Oil includes Present Market Position and Expected Future Demand, Technology, Manufacturing Process, Investment Opportunity, Plant Economics and Project Financials. Report provides a comprehensive analysis from industry covering detailed reporting and evaluates the position of the industry by providing insights to the SWOT analysis of the industry.

Comparative Costs and Returns Pattern of Small-scale

Twelve markets were purposively selected for their popularity in groundnut oil processing, where 90 processors were selected by simple random sampling technique. Data were collected using structured questionnaires and were analysed using farm budget model, profitability index and t-test analysis. The results revealed that Cost of shelled groundnut constituted the major (92.3% and 91.6%

Profitability Analysis of Groundnut oil Processing In

Profitability of groundnut oil processing Profitability analysis is a component of enterprise resource planning that allows producers and marketers to forecast the profitability of a proposal or optimize the profitability of an existing business. It can anticipate sales and profit potential specific to aspects of the market, such as customers’ socioeconomic status or product types (Margaret

Groundnut Value Chains Still Creating Enormous Wealth

Yet some have set up groundnut oil processing factories, creating jobs and empowering many economically. While some process into cakes, others have taken to livestock feeds production, among others. Each of these value chains has a great potential to build a financial empire. ALSO READ Dogara Harps On New Law To Modernise Agriculture. Export . As alluded to earlier, groundnuts

Small Scale Groundnut Oil Processing Machine Set for

If you are planning to start your own groundnut oil processing business, ABC Machinery with numerous successful oil extaction and oil refining projects around the world is definetly your best choice!. Generally, a complete scale groundnut processing plant for producing edible oil includes 3 production processes: seeds pre-treatment, oil extraction and oil refining.

Analysis of the Groundnut Value Chain in Ghana

Performance of the groundnut value chain in Ghana was analysed by collecting primary data through the use of semi-structured questionnaire. The data was collected from 300 farmers in the Northern, Upper East and Upper West regions coupled by eighty 80 distributors, 60 processors and 100 consumers respectively in the Brong-Ahafo and Greater Accra Regions.

Gross Margin Analysis of Modern Groundnut Oil

The study examined the profit and market efficiency of small-scale modern groundnut oil extraction of RMP-12 and Ex-dakar varieties in Gombe Metropolis Nigeria. A multi-stage sampling technique was used to select 90 small-scale groundnut oil processors. Data were collected using structured questionnaires and were analysed using farm budget, sherphered-futrel and paired t-test models.

ANALYSIS OF COSTS-RETURNS PROFITABILITY IN GROUNDNUT

Economic Analysis, Costs-Returns, Groundnut, Marketing, Profitability. INTRODUCTION . Groundnut (Arachis hypogaea) is widely eaten and used for making groundnut oil, groundnut butter, salted groundnut and a number of confectioneries like peanut, candies, brittle, crisps, caramel tops, peanut candy, bakery sweet (Woodroft, 1983). Holadey (1979)

Case study on profitability of small groundnut oil mills

In study area, the extraction rate of groundnut was about 40% of oil and 55% of cake. Regarding profitability analysis, benefit cost ratio (BCR) above total cost was the same in all mills (around 1.03). BCR over variable cost was about 1.05. According to the profit function, oil processing profit was positively and significantly influenced at 1

TRADITIONAL AND MODERN GROUNDNUT PROCESSING AND

The focus was on groundnut oil processing and marketing systems; input use efficiency in production and factors that made for efficiency; profitability of the processing activity and factors that determined profitability; examination of value added by processing; integration of markets for the processed products and problems of the industry. A total of 175 traditional processors were selected

Executive Summary of Groundnut Oil Business Plan in

Executive Summary of Groundnut Oil Business Plan in Nigeria. Overview. PATILAD Groundnut Oil is a start-up groundnut oil production and processing farm that is involved in sales and distribution of quality and affordable groundnut oil (varieties), groundnut cake, and other groundnut oil derivatives targeting consumers in the Northern Nigeria and also the international market.

Groundnut Oil Production Business Plan in Nigeria

Groundnut Oil Production Business Plan in Nigeria is a business plan for groundnut oil production. Therefore, it’s very relevant for small and medium scale groundnut oil processing mill. In fact, it’s very suitable for all sorts of vegetable oil. In fact, other related extraction business plan

SOCIO-ECONOMIC FACTORS AFFECTING GROUNDNUT PRODUCTION

benefit analysis were carried out. The result of the study shows that experienced farmers are less involved in groundnut production and most groundnut farmers are engaged in other form of businesses. The cost, availability, and lack of technical knowledge of inputs requirements are responsible for poor use of the inputs. Labour, fertilizer, seed and herbicides are all over utilized except

GROUNDNUT FARMING AND PROCESSING BUSINESS

Objective for Groundnut Farming and Processing Business Plan in Nigeria. To Increase production efficiency by 10% a year. To maintain profit margins at 20-25% through close attention to expenses and cost of Groundnut production. To develop a product-based company whose goal is to exceed customers’ expectations.

The Making Of Groundnut Oil: How To Start This

Some products using soya beans, cotton seed, palm oil product and melon involve processing with groundnut oil and cake. This business involves capital. Also every home in Nigeria cook with groundnut oil. The cost of production depends on the scale. There is also Nigerian government’s ban on the importation of groundnut oil. This ban is an

Comparative Costs and Returns Pattern of Small-scale

Twelve markets were purposively selected for their popularity in groundnut oil processing, where 90 processors were selected by simple random sampling technique. Data were collected using structured questionnaires and were analysed using farm budget model, profitability index and t-test analysis. The results revealed that Cost of shelled groundnut constituted the major (92.3% and 91.6%

Groundnut Value Chains Still Creating Enormous Wealth

Yet some have set up groundnut oil processing factories, creating jobs and empowering many economically. While some process into cakes, others have taken to livestock feeds production, among others. Each of these value chains has a great potential to build a financial empire. ALSO READ Dogara Harps On New Law To Modernise Agriculture. Export . As alluded to earlier, groundnuts

Small Scale Groundnut Oil Processing Machine Set for

If you are planning to start your own groundnut oil processing business, ABC Machinery with numerous successful oil extaction and oil refining projects around the world is definetly your best choice!. Generally, a complete scale groundnut processing plant for producing edible oil includes 3 production processes: seeds pre-treatment, oil extraction and oil refining.

Groundnut Oil Production Business Project Sample

Do you want to start a small-scale groundnut oil production business? This article includes a sample groundnut oil processing project profile with machine details, production process, cost, and profit. Groundnut kernel contains 50-55% of the oil. Groundnut oil is an important edible oil throughout the world. The oil has good nutritional value. And it doesn’t create any cholesterol problem

PROFITABILITY ANALYSIS OF COWPEA PROCESSING INTO

Cost and return analysis of Cowpea Processing among Women Entrepreneurs Table 2, shows the cost and financial benefits from cowpea fried paste in the study area using gross margin analysis. Cost of groundnut oil accounted about (40.7%) of the total cost of production while cost of salt and transportation accounted for1.31% while cost of fire wood

locally fabricated groundnut oil processing machine in

Profitability Analysis of Groundnut Oil Processing Among. This concluded that groundnut oil processing enterprises in the study area is a profitable venture across seasons. The study recommends that processors should be train on managing input and credit should be provided by interested organization (Agencies). Keywords: Groundnut, processing, Profitability and socio-economic

SOCIO-ECONOMIC FACTORS AFFECTING GROUNDNUT PRODUCTION

benefit analysis were carried out. The result of the study shows that experienced farmers are less involved in groundnut production and most groundnut farmers are engaged in other form of businesses. The cost, availability, and lack of technical knowledge of inputs requirements are responsible for poor use of the inputs. Labour, fertilizer, seed and herbicides are all over utilized except

Productivity and Profitability of Groundnut Production

Descriptive statistics, gross margin analysis, and double-log production function were employed in the analysis. Results revealed that majority of the respondents (57.5%) were relatively young and fell within the active age (25 45).Male respondent s marginally dominated groundnut production at 51.7% and majority (78.3%) were married

processes of groundnut oil oil pressing machine supplier

Groundnut oil processing process, based on mechanical pressing technology, is generally grouped into three stages: groundnut seeds preparation, groundnut pressing and rude groundnut oil refining . Get Price. Cold Pressed Groundnut Oil FreshMill Oils. Our groundnut oil is extracted without heating or chemical processes. Order your cold pressed groundnut oil today! We Ship across India. Get

Project Report on GROUNDNUT PROCESSING (GROUND

GROUNDNUT PROCESSING (GROUND NUT SHELLED), ROASTED GROUNDNUT & GROUNDNUT OIL) Project Report Manufacturing Process Cost Investment Required. Report includes feasibility report, profitability analysis, raw materials, break even

Gross Margin Analysis of Modern Groundnut Oil Extraction

groundnut processing v-àis-vis oil extraction is a common socioeconomic activity found in the State; as increase in production leads to a derived demand of the outputs, necessitated the establishment of small, medium and large-scale processing plants so as to add value to the crop. But, the oil processing enterprise in the State is mainly

PROFITABILITY AND ECONOMIC EFFICIENCY OF GROUNDNUT

PROFITABILITY AND ECONOMIC EFFICIENCY OF GROUNDNUT PRODUCTION IN BENUE STATE, NIGERIA . Ani DP1*, Umeh JC1 and EA Weye1 . Ani Dorothy Patience *Corresponding author’s email: [email protected] 1Department of Agricultural Economics, Federal University of Agriculture Makurdi, Benue State Nigeria. 8092 Volume 13 No. 4 September 2013 ABSTRACT . There has been

(PDF) Resource Use Efficiency in Groundnut oil

The study examined the marginal productivity of resource used in small-scale groundnut oil processing in Gombe Metropolis. The study area was delineated into six market districts for their popularity in groundnut processing. A multi-stage sampling

(PDF) Profitability and Marketing Efficiency of Small

This paper studied the profit and market efficiency of small-scale groundnut oil processing of two major groundnut varieties in Gombe Metropolis. The study area was delineated into six market districts out of each two markets were purposively



Copyright © 2014-2020.All rights reserved.