Cost Benefit Analysis Of Rice Production Systems In The Varying Ecologies Of Sierra Leone

Global demand for rice has increased significantly and its production requires careful consideration to ensure farmers benefit from their production activities. In Sierra Leone, rice is cultivated in five growing ecologies. The understanding on the cost-Benefit for cultivating rice in these different ecologies is still relatively poor. As a result there is the need to investigate and provide information on the cost and returns of rice production in the different rice ecologies. The study was done in four districts each representing a rice ecological zone. Data on farmers’ practices were collected using structured questionnaires. Farmers’ cost and returns were then compared to cost and returns using Rokupr Agricultural Research Center (RARC) recommended technologies. Gross revenue, net operating profit returns to management and return to person day were calculated for the study ecologies. The marginal rate of returns MRR) was determined to ascertain the financial reliability of adopting RARC technologies. Result of the study showed that adopting RARC technologies have huge financial benefit.