THE ECONOMICS STUDY OF QUINOA PRODUCTION TO REDUCE FOOD POVERTY GAP IN NEW VALLEY GOVERNORATE-EGYPT
DOI:
https://doi.org/10.53555/eijaer.v5i1.56Keywords:
Quinoa, Total Cost, Total Return, the Safety Limit, Economic Analysis, Social Surplus, the New ValleyAbstract
This research was undertaken to determine the economic importance of Quinoa, through identifying production constraints and economic features of the investment as well as the possibility of expansion in its production in ElKharga city, New Valley Governorate, Egypt. Quinoa seeds are very nutritious. Seed, in comparison with other cereals, is higher in protein content (approx. 14.6%).Quinoa is considered an important crop supplement for wheat and it is able to reduce the food gap in Egypt, which it is cultivated in desert areas. Economics of its cultivation in the study area was also assessed. The results refer to high economic efficiency of cultivating Quinoa in the study area. investment in cultivation Quinoa is economical as the gained profit was higher than opportunity cost, since the return of the pound investor reached about 1.19.In addition to the positive contribution to the national income due to the increase in the added net value compared to the wages based on the social surplus. This research has highlighted several economic advantages about encouraging farmers, young graduates and investors to cultivate Quinoaas an untraditional crop in the New valley. Then they should be provided by seedlings from reliable sources, knowledge about its cultivation and finally production marketing. Increasing the production and establishment food from Quinoa would result in increasing the income and establishing some industries depending on by-products like fodders and fertilizers from leaves and crop west of quinoa.
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