Productivity and Profitability Analysis Among Farms in Laguna Producing White Corn and Among Farms in Quezon Producing Yellow Corn

Date

7-2020

Degree

Bachelor of Science in Agribusiness Management

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Faustino Q. Arrienda II

Committee Member

Juan Paulino S. Trespalacio, Junior, Melodee Marciana E. De Castro, Agnes T. Banzon, Dia Noelle F. Velasco

Abstract

Farmers producing different varieties of corn, may it be white corn, yellow corn and sweet corn is highly dependent on the cultivar of the seed being planted in the soil, as well as the environment in which the seed is planted. One of the most controversial cultivars present in the market are GM corns that have been proven to have drastic increase in yield and profit, among others. However, with recent economic study on GM corn have revealed that its benefits are variable among a range of socio-economic and agronomic factors.

This research constitutes a comparative assessment focused on small-scale farmers producing different cultivars of white corn in Laguna and yellow corn in Quezon. The main objective of this study is to determine the significant difference in farm yield and farmer income, in producing among the different varieties of corn -- White and Yellow corn and to recommend strategies that will maximize farm production yield and income of farmers. This study also aimed to: 1) Present the demographic and socio-economic profile farmers in selected municipalities of Laguna and Quezon; 2) Compare the productivity in Laguna producing white corn cultivars and in Quezon producing yellow corn cultivars 3) Compare the profitability data between farms in Quezon producing various yellow corn cultivars; 4) Compare the profitability data between farms in Laguna producing various white corn cultivars; 5) Discuss the factors enabling and limiting production efficiency of farms producing white and yellow corn in Laguna and Quezon.

Main limitation in study poses high reliance on the area of research and the time constraints caused by the delay in communication with selected municipalities. Laguna and Quezon as scopes of the study were chosen by the researcher due the availability of respondents and response of provincial offices in the CALABARZON Region. The researcher also aimed to provide extensive research on corn productivity of selected municipalities (Calamba, Lumban, Lucena and Candelaria), that exhibits prominent production of white and yellow corn.

Primary data of this research were gathered through personal interviews with the farmers producing white and yellow corn along with their corresponding cultivar-native, hybrid and GM corn in municipalities of Calamba, Lumban, Lucena and Candelaria. Secondary data of the study including production data (area harvested, production volume, yield per hectare) were sourced from respective agriculture municipalities.

Profitability data gathered were analyzed using the profit maximization formula to compare total production costs and total profitability of farm. Using the Mann Whitney, test were determined with a 95% level of significance. Data results showed significant difference in production costs between conventional white corn and hybrid corn, where fertilizers and seeds costs pose significant influence on total expenditure of producing white corn. Similar with the results in white corn, yellow corn production in Quezon revealed significant difference on production costs. Although total profitability in white corn and yellow corn cultivar in respective areas showed significant difference, production output level of GM corn famrs is higher as compared to hybrid production in Quezon but is not significant at a statistical level. With this, the researcher concludes that although GM corn poses immense economic benefit for farmers factors such as financial capability of acquiring inputs, economic status of farmers and agronomic condition influencing crop yield potential of corn. To summarize, benefits of producing GM corn is not solely dependent on the seed cultivar itself but the ability of a farm to produce these variety in ideal conditions to maximize its output yield thereby increasing profitability.

Language

English

LC Subject

Corn industry, Income--Philippines

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993 2020 M17 D33

Notes

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Document Type

Thesis

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