FINANCIAL PROFITABILITY ANALYSIS AND ESTIMATING THE PRODUCTIVITY OF BEAN PRODUCTION IN SOME SELECTED AREAS OF MYMENSINGH DISTRICT

Abstract

Leguminous crops like beans play a vital role to meet up our protein requirement. Beans contain 20-30% protein on a dry weight basis which is nearly three times than that in most cereals. Among all the leguminous crops, beans are very popular and nutritious vegetables in Bangladesh. Beans provide a good amount of protein in addition to vitamins and minerals. In Bangladesh total land area under bean cultivation is 15385 hectares and the production is 83,000 metric tons during 2006-2007(BBS, 2008). There is a great demand of bean seeds in the overseas market which may open a new horizon of export of this vegetables in those markets. The present study was conducted to estimate the farm productivity of bean production in Muktagacha and Fulbaria Upazila of Mymensingh district of Bangladesh. Three villages from each Upazila were specially selected for this study. In total, 80 bean farmers were selected specially for the study. Out of 80 samples, 40 were from Muktagacha Upazilla and 40 were from Fulbaria Upazila. Primary data were collected during September to October of 2021 through field visit. The required data were collected through structured interview schedule from the 80 jute farmers. The secondary information sources were DAE reports, Bangladesh economic review, BBS, different journals, newspaper, relevant websites etc. Descriptive statistics and CobbDouglas production function model were used to address the main objectives of the study.

The

results of the study showed that, per hectare average total cost for producing bean was Tk. 32402.38. Per hectare gross returns above cash cost from bean production was estimated Tk. 99302.06 and per hectare average net return of bean production was Tk. 66899.68. It was also expressed that net return was higher at Fulbaria upazila. The study considered human labor cost, tillage cost, seed cost, fertilizer cost, irrigation cost, and pesticides cost, these six variables. The study showed that seed cost and fertilizers cost had significant impact on bean production. The study also marked out that bean producers were facing some problems such as: low price of bean, high labor cost, unavailability of human labor, farmers not keeping any records of bean production etc. If these problems could be solved within the shortest possible time, all the bean producers could be able to earn a much higher profit than the existing level. On the basis of findings, some recommendations were made for the development of bean sector in Bangladesh.