The Factors Influencing Profitability of Corn Farmers in Cabanglasan, Bukidnon

The cultivation of corn is important to rural agricultural economies; it offers an income as well as a source of food. Yet its profitability is dependent on a number of factors, such as economic capital, ecological variables, governmental regulations and technological development. This examined the effects of these factors to the profitability of corn farmers in Cabanglasan, Bukidnon. Accordingly, in the present study a sampling that was convenient because of the available data and information obtained through surveys was applied on 254 registered corn farmers who have been involved in farming for two consecutive years. Through a quantitative causal design the link between financial capital, environmental context, government policy and technology was studied. The results suggest that although these aspects are crucial to be productive on the farm, they do not immediately stimulate the profitability. Regression statistics indicated that no statistical relationship existed between the independent variables and business profitability, which implies that factors associated with markets conditions, price volatility or supply chain constraints have a stronger impact on financial outcome. According to the results, the study suggests that government and policymakers should undertake strategies, which include enhancing economic assistance, stabilizing corn prices and promoting agricultural training programs. It encourages farmers to adopt climate-smart practices they can use in adapting to changes in the environment, join cooperatives and organize for better management. Further inquiry could include other determinants of profitability, postharvest processing and export prospects.