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Farm Planning and Analysis
Abstract
Nigeria's renewed interest at transforming agriculture essentially entails that the process of farm planning should be in constant focus at all levels of agricultural enterprise production. As agricultural enterprise becomes more business oriented and environmental regulations become more site-specific, farm planning becomes more useful. It is against this backdrop that this chapter focuses on the concept of farm planning and analysis with a view to equipping the investing farmer with the rudiments of farm planning and analysis. The methodology is based on a systematic review of related and relevant literature. It is recommended that farmers should be able to constantly evaluate the profitability of their proposed investments; where the relevant skills are sufficiently deficient, it is advisable that professionals be invited to undertake the analysis.
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