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An Economic Study on Sesame Variety BINAtil-3 in Some Selected Areas of Bangladesh

Syful Islam
Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh

Md. Habibur Rahman
Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh

Mohammad Rashidul Haque
Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh

Md. Mohsin Ali Sarkar
Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh

Razia Sultana
Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh

Abstract/ Executive Summary:

The study was conducted in four major Binatil-3 growing areas of Bangladesh, namely Magura, Kushtia, Jhenaidah, Madaripur and Faridpur district. The average costs of Binatil-3 cultivation were Tk. 48604.49 and Tk. 33218.48 per hectare on full cost and cash cost basis, respectively. The highest production cost was for human labour (42.62%), followed by fertilizer use (16.03%), power tiller (11.65%), and irrigation (10.11%). The average net return per hectare was Tk. 23232.57. The net return was highest in Kushtia (Tk. 33149.58 ha-1) followed by Magura (Tk. 25318.01 ha-1), Jhenaidah (Tk. 23824.76 ha-1), Faridpur (Tk. 19362.44 ha-1) and Madaripur (Tk. 14511.05 ha-1), respectively. The average Benefit cost ratio was estimated at 1.48 and 2.16 on full cost and cash cost basis implying that the Binatil-3 cultivation at farm level was highly profitable. The highest BCR was found in Kushtia (1.66) followed by Magura (1.52), Jhenaidah (1.49), Faridpur (1.41) and Madaripur (1.32), respectively. Binatil-3 farmers received high return on its investment and cultivation of this variety increased in the study areas day by day due to its high yield potential.

Keywords: Binatil-3, Cost, Return, Constraints and guideline

Location: Magura, Kushtia, Jhenaidah, Madaripur and Faridpur districts

Start Date: 00-03-2018

End Date: 00-05-2018

Program Area: Crop-Soil-Water Management

Commodity: Sesame

Objectives:

Trend of import value of oilseeds and edible oils Policy-makers and research managers need overall information on oilseed crops to formulate suitable policy guidelines on oilseeds. The objectives of the study were (i) to estimate the cost and return of Binatil-3; (ii) to identify the major constraints of Binatil-3; and (iii) to suggest some policy guidelines. However, an in-depth analysis is needed to explore the causes of low adoption and find out the ways for the expansion of oilseed cultivation. This study explores the challenges and opportunities in the oilseeds sector of Bangladesh.

Methodology:

2.1 Sampling design A multi-stages sampling procedure was followed to select study areas and sample households. At first, we selected five major Binatil-3 growing areas of Bangladesh, namely district and then two Upazilas in each Magura, Kushtia, Jhenaidah, Madaripur and Faridpur districts were purposively selected for the study. Secondly, two villages were purposively selected from each Upazila for household survey. Finally, a list of Binatil-3 growers was constructed for each village and then a total of 200 samples taking 40 samples from each district were randomly selected for data collection.

2.2 Data collection procedure Data for the present study were collected by interviewing sample Binatil-3 growers using a pre-tested interview schedule during the period from March to May 2018. Secondary data were also collected from Directorate of Agricultural Extension to supplement the study. Data were collected from Binatil-3 growers through interview schedule. Collected data were edited, summarized, tabulated and analyzed to fulfill the objectives. Some descriptive statistics were used for analyzing the collected data. The profitability of Binatil-3 cultivation was examined on the basis of gross margin, net return, and rate of return over cost. In the study, costs and return analysis were done on both cash cost and full cost basis.

Source of Information: IOSR Journal of Agriculture and Veterinary Science (IOSR-JAVS) e-ISSN: 2319-2380, p-ISSN: 2319-2372. Volume 14, Issue 1 Ser. I (January 2021), PP 21-26

Article Link (Online Journal): DOI: 10.9790/2380-1401012126

Funding Source:

Budget:

Total Budget (Tk.) :

Achievement/Findings:

Binatil-3 production in the study areas is profitable. Binatil-3 farmers received high return on its investment and cultivation of this variety increasing in the study areas day by day due to its high yield potential.

Knowledge Management: Journal