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Profitability Level of Mungbean Cultivation in Some Selected Sites of Bangladesh

Q. M. SHAFIQUL ISLAM
Senior Scientific Officer
Agricultural Economics Division, BARI, Joydebpur, Bangladesh.

M.A. MONAYEM MIAH
Senior Scientific Officer
Agricultural Economics Division, BARI, Joydebpur, Bangladesh.

Q. M. ALAM
Chief Scientific Officer
Agricultural Economics Division, BARI, Joydebpur, Bangladesh.

S. HOSSAIN
Senior Scientific Officer
(T&C) Wing, BARI, Joydebpur, Bangladesh.

Abstract/ Executive Summary:

The study was conducted at Barisal and Jhalokati districts during 2007 to estimate the profitability and resource use efficiency of mungbean production. The study was confined to randomly selected 100 mungbean farmers. It revealed that mungbean production is profitable to the farmers. The productivity of munghean at farm level was 928 kg/ha, which vas higher than national average of 680 kg/ha. Mungbean farmers received Tk. 24236 as gross margin per hectare. The net benefit received per kilogram of mungbean was Tk. 26.45. Benefit cost ratios were estimated at 2.53 and 3.56 on variable and cash cost basis. Functional analysis showed that human labour, urea and insecticides had positive significant contribution to mungbean cultivation. Mungbean farmers encountered various problems like untimely rainfall, lack of quality seed and disease and insect infestation, and needs immediate attention to reduce these problems.

Keywords: Profitability, Mungbean, Resource use efficiency.

Location: Barisal and Jhalokati

Start Date: 00-04-2007

End Date: 00-04-2007

Program Area: Socio-economic and Policy

Non-commodity: Profitability

Objectives:

know farmers’ practice to grow mungbean;
know the productivity and profitability of mungbean cultivation at farm level;
examine the resource use efficiency in mungbean production; and
identify the constraints to mungbean cultivation in Bangladesh.

Methodology:

The study vas conducted in two districts, namely Barisal and Jhalokati during April 2007. Uzirpur Upuzilu from Barisal district and Sadar Upuzilu from Jhalokati district were purposively selected for the study. A total of 100 mungbean farmers taking 50 farmers from each Upuzilu were randomly selected with the help of DAE personnel for interview. The crop season under the study was late ruhi (January-May). Field investigators under the direct supervision of the researchers collected field level cross sectional data using pre-tested interview schedule. Collected data were edited, summarized, tabulated and analyzed to fulfill the objectives of the study. Tabular method of analysis using different statistical tools was used in presenting the results of the study. Profitability of mungbean production was examined on the basis of gross margin, net return and benefit cost analysis. Cobb-Douglas function was used to estimate the contribution of factors to mungbean yield. The analysis did not consider different fixed costs like rental value of land, depreciation on farm equipment, etc. as gross margin worked out in this paper. Besides, the opportunity cost of family supplied labour was taken into consideration in estimating total cost or full cost. In calculating gross margin, all operating costs vvere considered as variable cost. Analytical Model: The production of mungbean is likely to be influenced by different factors, such as human labour, seed, chemical fertilizer, insecticide, etc. The following Cobb-Douglas type production function was used to estimate the parameters.

Source of Information: Bangladesh J. Agril. Res. 33(3) : 587-595, December 2008 ISSN 0258-7122

Article Link (Online Journal):

Funding Source:

Total Budget (Tk.) :

Achievement/Findings:

It is concluded from the aforesaid discussion that the yield performance of mungbean is higher than national average. The mungbean production in the study areas is profitable. Munghean farmers received higher return on their investment. Analysis of resource use efficiency indicates that more profit can be obtained by increasing investment in crop management and application of urea and insecticide for mungbean cultivation. Although munghean is a profitable crop, farmers could not harvest expected benefit due to various problems. The quality seed of the existing improved variety should be made available to the farmer for greater extension of this crop. Nevertheless, due efforts should be made to develop disease free and insect tolerant variety for getting higher return from mungbean production in near future.

Knowledge Management: Journal