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IJSTR >> Volume 2- Issue 12, December 2013 Edition

International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616

Socioeconomic Factors Influencing Profitability Of Cattle Marketing In Gombe Metropolis, Nigeria

[Full Text]



Suleiman Mohammed, Isiaka Mohammed, Ishaku Adamu



Key Words: socioeconomic factors, profitability, cattle marketing, influencing, Gombe



ABSTRACT: The study examined the socioeconomic factors influencing profitability of cattle marketing in Gombe, Nigeria. A sample of forty cattle traders was randomly selected in 2010 in the area on which structured interview-schedule method was employed to collect data that were analyzed using descriptive statistics and regression model. Results indicated that respondents' age, length of experience in cattle marketing and capital level were 41.58 years, 14.15 years and N 351,895.00 respectively, while majority of them (42.00%) acquired non-formal type of education. Furthermore the result showed that purchase cost of cattle and duration of keeping the cattle, significantly, affected profits at 0.001 and 0.05 respectively; while 77.7percent of the variations in profit were caused by the included independent variables. The study therefore recommends that for increased profit level, traders shall concentrate more on the large size cattle and shall be keeping them longer period for fattening before reselling.



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