FINANCIAL PROFITABILITY AND RESOURCE USE EFFICIENCY OF MUSTARD CULTIVATION IN BELKUCHI UPAZILA OF SIRAJGANJ DISTRICT

Abstract

The study was undertaken to determine financial profitability and resource use efficiency of mustard cultivation as well as major constrains faced by farmers at farm level. The study was conducted in two villages namely Garamashi and Chandanganti under Belkuchi upazila of Sirajganj district. Data were collected by using interview schedule from the randomly selected 60 respondents during 1 i

st January to 30 January, 2020. After analyzing the data per hectare mustard cultivation, total cost of production was Tk. 48462, Tk. 51411 and Tk. 55435 for small, medium and large farm respectively. Per hectare gross return was Tk. 65450, Tk. 64700 and Tk. 63950 for small, medium and large farm respectively. Per hectare gross margin was Tk. 38596, Tk. 35789 and Tk. 31954 for small, medium and large mustard cultivation respectively. Net return was calculated by deducting gross cost from gross return and these were Tk. 16988, Tk. 13289 and Tk. 8515 for small, medium and large mustard cultivation farm respectively. Benefit cost ratio was 1.35, 1.26 and 1.15 for small, medium and large mustard cultivation respectively. From Cobb-Douglas production function analysis, it was observed that the coefficients of human labour, seed, MoP and pesticides were significant at different level of probability for small, medium and large mustard cultivation farm respectively and the coefficients of urea and TSP was not significant while the coefficients of pesticide were negatively significant for mustard cultivation respectively. Resource use efficiency indicated that all of the resources were under used for mustard cultivation except overutilization of urea and pesticide. So, there is a positive effect of key factors in the production process of mustard cultivation. This study also identified some of the problems associated with mustard cultivation. The findings revealed that lack of credit facility was the 1 st problem followed by high price of fertilizers and Lack of storage facility was last obstacle of mustard cultivation in the study area. Therefore, credit facilities are the first suggestion to overcome the problem.