Agricultural Research Management Information System

Home
Research Summary
Search
About Us
- ARMIS
- Brochure
Contact Us
Report
User Request
Data Input
Help
- Operation Manual
  - PDF
  - Video
- Program Area & Commodity
We have reached 37600 number of research entries at this moment.

- Logout

Research Detail

Home
Research
Detail

Profitability and Resource Use Efficiency of Maize Production in Selected Areas of Lalmonirhat District

J. Paul
Former MS students
Dept. of Agricultural Economics, Bangladesh Agricultural University Mymensingh , Bangladesh.

I. A. Begum
Associate professor
Dept. of Agricultural Economics, Bangladesh Agricultural University, Mymensingh, Bangladesh.

M. R. Hossain
Former MS students
Dept. of Agricultural Economics, Bangladesh Agricultural University Mymensingh , Bangladesh.

A. K. M. G. Kausar
Former MS students
Dept. of Agribusiness and Marketing, Bangladesh Agricultural University, Mymensingh , Bangladesh.

M. M. Rahhan
Former MS students
Dept. of Agricultural Economics, Bangladesh Agricultural University Mymensingh , Bangladesh.

Abstract/ Executive Summary:

The aim of the study was to examine the profitability, resource use efficiency, compare contract and non-contract maize producing farmers in selected areas of Lalmonihat district. The study was conducted in 5 selected villages namely Kashiram, Bairati, Shrutidhor under Tushvandar union and Cholbela, Shialkhoa under Chondropur union under Kaligonj Upazila of Lalmonirhat district during February, 2012. Stratified random sampling technique was used to select total 60 sample farmers as 30 small, 20 medium and 10 large farmers and survey method was followed to collect primary data. Cobb-Douglas production function was employed to find out influences of factors of production in gross return of maize production. To test the efficiency, the ratio of marginal value product (MVP) to the marginal factor cost (MFC) for each input is computed and tested for its equality. The major finding of the study was the large farmers gained net return Tk. 52828 ha^-1 which is higher than the small (Tk. 43436 ha^-1) and medium (Tk. 40112 ha^-1) farmers. Undiscounted BCR was found 2.04, 1.70 and 1.88 for small, medium and large farmers, respectively. In maize cultivation, seed cost, human labour cost, fertilizer cost, power tiller, irrigation cost had strong effects on its production and farmers had scope to increase income through efficient uses of resources. The study also reveals that the contract farming system is more profitable compared to non-contract farming system.

Keywords: Maize production, Profitability, Contract and non-contract farming.

Location: Lalmonirhat area.

Start Date: 00-02-2012

End Date: 00-02-2012

Program Area: Socio-economic and Policy

Commodity: Profitability

Objectives:

To determine the profitability of maize production of independent farmers and compare it with contract farmers, identify the major factors affecting the gross returns of maize production.

Methodology:

The study was conducted in five villages namely Kashiram, Bairati and Shrutidhor under Tushvandar union, Cholbela and Shialkhoa under Chondropur union under Kaligonj Upazila of Lalmonirhat district. Sixty maize farms (30 small, 20 medium and 10 large) were selected from 320 listed farmers by using stratified sampling technique and survey method was followed to collect primary data in February, 2012. Cobb-Douglas production function was used to estimate the production function of maize producing farmers. The marginal productivity of a particular resource represents the additional to gross returns in value term caused by an additional one unit of that resource, while other inputs are held constant. When the marginal physical product (MPP) is multiplied by the product price per unit, the MVP is obtained. The most reliable, perhaps the most useful estimate of MVP is obtained by taking resources (X_i) as well as gross return (Y) at their geometric means. Since all the variables of the regression model were measured in monetary value, the slope co-efficient of those explanatory variables in the function represented the MVPs, which are calculated by multiplying the production co-efficient of given resources with the ratio of geometric mean (GM) of gross return to the GM of the given resources, i.e.; MFC is the price of per unit of input. If the MFCs of all the inputs expressed in terms of an additional, Tk, in calculating the ratio of MVP to MFC, the denominator will always be one, and therefore, the ratio will be equal to their respective MVP. And to compare the profitability of contract and non-contract farmers a total 24 farmers were taken into account. Because in the study area, among selected 60 maize farmers, 12 (8 small and 4 large) farmers were found who were engaged themselves into contractual system. Thereby another 12 (8 small and 4 large) farmers were taken randomly from selected farmers to compare profitability.

Source of Information: Bangladesh J. Seed Sci. & Tech. 16 (1 &2): 141-148 (2012)ISSN 1029 - 8800

Article Link (Online Journal):

Funding Source:

Total Budget (Tk.) :

Achievement/Findings:

From the above discussion, it may be concluded that maize production is profitable, average net return of the maize production was Tk. 45459 ha^-1. It was found that all categories of farmers are using additional dose of seed, which reducing economic efficiency and there is huge potential to increase maize production with the introduction of efficient resource management. Net return of the contract farmers was much higher (about Tk. 100000) compare to non-contract farmers. This finding has conformity with the finding.

Knowledge Management: Journal