J. Biosci. Agric. Res. | Volume 19, Issue 01, 1606-1612| https://doi.org/10.18801/jbar.190119.195
Article type: Questionnaire survey article, Received: 24.10.2018, Revised: 14.01.2019, Date of Publication: 14 February 2019.
Article type: Questionnaire survey article, Received: 24.10.2018, Revised: 14.01.2019, Date of Publication: 14 February 2019.
Financial profitability of green chilli production: a case study in Bogra district of Bangladesh
Iffat Ara Ila 1, Sajeeb Saha 1 and Abu Zafar Ahmed Mukul 2
1Dept. of Agribusiness and Marketing, Sher-e- Bangla Agricultural University, Dhaka-1207
2Dept. of Management and Finance, Sher-e- Bangla Agricultural University, Dhaka-1207, Bangladesh
1Dept. of Agribusiness and Marketing, Sher-e- Bangla Agricultural University, Dhaka-1207
2Dept. of Management and Finance, Sher-e- Bangla Agricultural University, Dhaka-1207, Bangladesh
Abstract
The study aims to assess financial profitability of green chilli. Fifty producers of green chilli from three upazila of Bogra district were selected for study purpose. A structured questionnaire was constructed for data collection. The results are as descriptive statistics and interpreted based on farmer feedbacks. Findings include that total cost (TC) for green Chilli is Tk. 128011.13; gross return (GR) of Green Chilli is Tk. 240864; gross margin (GM) for green Chilli is Tk. 137698. All the calculations are based on per hectare. Thus, producing green Chilli net return (NR) is Tk. 112852.87. The green chilli is attractive for farmers to produce as its benefit cost ratio (BCR) shows 1.88 in our study. Lack of agricultural credit, lack of farmer’s association and lack of crop insurance were the major problems for green chilli cultivation. Farmers expect to avail sufficient credit facilities along with regular government extension services, strong market monitoring authority and better transportation facilities for assisting Chilli cultivation. Moreover, a farmers’ association is needed to be formed in chilli production area.
Keywords: Yield, Costs, Returns, Benefit-Cost ratio and Problem
The study aims to assess financial profitability of green chilli. Fifty producers of green chilli from three upazila of Bogra district were selected for study purpose. A structured questionnaire was constructed for data collection. The results are as descriptive statistics and interpreted based on farmer feedbacks. Findings include that total cost (TC) for green Chilli is Tk. 128011.13; gross return (GR) of Green Chilli is Tk. 240864; gross margin (GM) for green Chilli is Tk. 137698. All the calculations are based on per hectare. Thus, producing green Chilli net return (NR) is Tk. 112852.87. The green chilli is attractive for farmers to produce as its benefit cost ratio (BCR) shows 1.88 in our study. Lack of agricultural credit, lack of farmer’s association and lack of crop insurance were the major problems for green chilli cultivation. Farmers expect to avail sufficient credit facilities along with regular government extension services, strong market monitoring authority and better transportation facilities for assisting Chilli cultivation. Moreover, a farmers’ association is needed to be formed in chilli production area.
Keywords: Yield, Costs, Returns, Benefit-Cost ratio and Problem
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Article Metrics
Figure 01. Area, production and yield of chilli in Bangladesh (BBS 2017).
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Article Citations
MLA
Ila et al. “Financial profitability of green chilli production: a case study in Bogra district of Bangladesh.” Journal of Bioscience and Agriculture Research 19(01) (2019): 1606-1612.
APA
Ila, I. A., Saha, S. and Mukul, A. Z. A. (2019). Financial profitability of green chilli production: a case study in Bogra district of Bangladesh. Journal of Bioscience and Agriculture Research, 19(01), 1606-1612.
Chicago
Ila, M. I. A., Saha, S. and Mukul, A. Z. A. “Financial profitability of green chilli production: a case study in Bogra district of Bangladesh.” Journal of Bioscience and Agriculture Research 19(01) (2019): 1606-1612.
Harvard
Ila, I. A., Saha, S. and Mukul, A. Z. A. 2019. Financial profitability of green chilli production: a case study in Bogra district of Bangladesh. Journal of Bioscience and Agriculture Research, 19(01), pp. 1606-1612.
Vancouver
Ila, IA, Saha, S and Mukul, AZA. Financial profitability of green chilli production: a case study in Bogra district of Bangladesh. Journal of Bioscience and Agriculture Research. 2019 February 19(01): 1606-1612.
Ila et al. “Financial profitability of green chilli production: a case study in Bogra district of Bangladesh.” Journal of Bioscience and Agriculture Research 19(01) (2019): 1606-1612.
APA
Ila, I. A., Saha, S. and Mukul, A. Z. A. (2019). Financial profitability of green chilli production: a case study in Bogra district of Bangladesh. Journal of Bioscience and Agriculture Research, 19(01), 1606-1612.
Chicago
Ila, M. I. A., Saha, S. and Mukul, A. Z. A. “Financial profitability of green chilli production: a case study in Bogra district of Bangladesh.” Journal of Bioscience and Agriculture Research 19(01) (2019): 1606-1612.
Harvard
Ila, I. A., Saha, S. and Mukul, A. Z. A. 2019. Financial profitability of green chilli production: a case study in Bogra district of Bangladesh. Journal of Bioscience and Agriculture Research, 19(01), pp. 1606-1612.
Vancouver
Ila, IA, Saha, S and Mukul, AZA. Financial profitability of green chilli production: a case study in Bogra district of Bangladesh. Journal of Bioscience and Agriculture Research. 2019 February 19(01): 1606-1612.
References
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