H. M. SAMMY1*, K. NASRIN2, S. AFRIN3, T. H. BEG4 and M. M. R. SARKER5
1=Hasan Mahammad Sammy, Assistant Professor, Department of Agricultural Statistics, Sher-e-Bangla Agricultural University, Dhaka, 2Khaleda Nasrin, MS Student, Department of Agricultural Statistics, Sher-e-Bangla Agricultural University, Dhaka, 3Sharmin Afrin, Associate Professor, Department of Agribusiness and Marketing, Sher-e-Bangla Agricultural University, Dhaka, 4Tahrima Haque Beg, Assistant Professor, Department of Management and Finance, Sher-e-Bangla Agricultural University, Dhaka and 5Md. Mizanur Rahman Sarker, Professor, Department of Agricultural Statistics, Sher-e-Bangla Agricultural University, Dhaka, Bangladesh. *Corresponding author’s email: hmsammy@sau.edu.bd
ABSTRACT
The study was conducted at the Department of Agricultural Statistics, Sher-e-Bangla Agricultural University, Dhaka, Bangladesh. Data were collected from Shibchar Upazila under Madaripur district of Bangladesh during March to April 2020. The profitability of boro rice and jute production was explained in this research. Cobb-Douglas production function was used for analyzing data. The major findings of the study were that the cultivation of boro rice and jute was profitable from the view point of farmers. The estimated average cost of boro rice production was Tk¡. 216103.48 per hectare and jute production was Tk. 142991.39 per hectare. The gross return of boro rice and jute per hectare were Tk. 235698.17 and Tk. 161608.83 respectively. The estimated gross margin of boro rice was Tk. 52457.85 per hectare, jute was Tk. 50287.26 per hectare, net return of boro rice and jute productions per hectare were Tk. 19594.69 and Tk. 18617.44 respectively. The undiscounted Benefit Cost Ratio (BCR) of boro rice production was 1.09 and jute production 1.13. It was observed that jute production was more profitable than boro rice production of the study area. It was also evident from the study that per hectare net return was significantly influenced by human labor (0.2872***), power tiller (0.1490**), fertilizer cost (0.5253***) for boro rice. In the case of jute production, per hectare net return was significantly influenced by human labor (0.3441***), power tiller (-0.0755**), fertilizer (0.3791**), manure cost (0.0482**).
Keywords: Rice and Jute cultivation, Profitability, BCR and Cobb-Douglas production function.
¡ US dollar ($) 1 = Taka (Tk) 84