Profit Efficiency of Soybean Production in Federal Capital Territory, Nigeria

This study evaluated profit efficiency of soybeans production in Federal Capital Territory, Nigeria. Multi-stage sampling technique was adopted for this study. Data were collected through the use well-structured questionnaire. The questionnaire distributed to 188 sampled soybean farmers area. data analyzed using descriptive statistics, gross margin analysis, financial Cobb-Douglas functional model. and stochastic frontier results analysis show that about 25% within age bracket 31-40 years, while 56% fell ranges 41-50 years. mean estimated be 44 further revealed majority 82.4% respondents male farmers. About 44.1% had no formal education. Majority (78.7%) a household size range from 1-5 persons, average farming experience area 7 80.9% farm between 1-2 ha. total variable cost on N 130,184.51 with an revenue N340,250.00. obtained N210,063.49. operating ratio rate return investments 0.383 1.613 respectively, result implies is profitable level attained by 52% leaving gap 48%. statistically significant factors influencing price fertilizer (P<0.1), chemical labour (P<0.01), unit (P<0.01). inefficiency educational cooperative association (P<0.05), access credit information (P<0.05). encountered following problems cause production: inconsistent government policy outbreak diseases, lack hired labour, high inputs, inadequate capital, extension services unavailability improved seed varieties. Therefore, recommends should provide tractors other implements ease drudgery reduce incur farmers, market made available encouraged expand their scale providing them inputs like fertilizer, facilities order have increased yield, also disseminate agents, social media, mass media (Radio, Television news) teach how apply appropriately.