PROFITABILITY ANALYSIS AND RESOURCE USE EFFICIENCY OF T.AMAN RICE PRODUCTION IN SOME SELECTED AREAS OF PIROJPUR DISTRICT IN BANGLADESH

Abstract

This study was designed to assess the profitability and resource use efficiency analysis of T.Aman rice farming at Pirojpur district in Bangladesh. In total, 60 farmers were randomly selected for the study. Descriptive statistics, activity budgets, Cobb-Douglas production function models were employed to achieve the objectives of the study. The estimated total variable costs, fixed cost, and operating costs for T.Aman rice per hectare were found to be Tk. 42679 , Tk. 13423 and Tk. 1423 respectively whereas total cost, total return, and net return were measured Tk. 56102 , Tk.74400, and Tk. 18298 respectively. This study calculated benefit cost ratio which was 1.32 for T.Aman rice. It was observed that the coefficient of human labor, seed, insecticide, and education was positive and had significant impacts on gross returns of T. Aman rice production. In the study area seed, and gypsum were underutilized which used should be increased to attain more productivity and human labour, urea, TSP, and MoP were over utilized these variable used should be decreased to attain the optimum productivity. In the study area farmers appeared some barriers such as lack of labor, lack of money, lack of market for selling products, lack of education, poor agricultural extension service delivery, lack of knowledge, etc. About 93 % of farmers mentioned the low price of rice and 47% of farmers mentioned a lack of money. This study suggests to ensure financial support, extension services and marketing facilities towards increasing productivity resources use efficiency for T.Aman rice in Bangladesh