Abstract:
The profitability of boro rice and jute production was explained in this research.
The Shibchar upazila of Madaripur was selected as study area. Total 60 farmers, 30
boro rice farmers and 30 jute farmers were randomly selected for the present study.
The data were collected during March-April 2020, by using a structured
questionnaire. Cobb-Douglas production function was used for analyzing data. The
major findings of the study were that the cultivation of boro rice and jute was
profitable from the view point of farmers. The estimated average cost of boro rice
production was Tk 216103.48 per hectare and jute production was Tk 142991.39
per hectare. The gross return of boro rice and jute per hectare were Tk 235698.17
and Tk 161608.83 respectively. The estimated gross margin of boro rice was Tk
52457.85 per hectare, jute was Tk 50287.26 per hectare, net return of boro rice and
jute productions per hectare were Tk 19594.69 and Tk 18617.44 respectively. The
undiscounted Benefit Cost Ratio (BCR) of boro rice production was 1.09 and jute
production 1.13. In the study, it was observed that jute production was more
profitable than boro rice production of the study area. It was also evident from the
study that per hectare net return was significantly influenced by human labor
(0.2872***), power tiller (0.1490**), fertilizer cost (0.5253***) for boro rice. In
the case of jute production, per hectare net return was significantly influenced by
human labor (0.3441***), power tiller (-0.0755**), fertilizer (0.3791**), manure
cost (0.0482**). The research identified and ranked some of the issues that boro
rice and jute growers faced. High input costs, a labor scarcity and a high pay rate, a
lack of storage facilities, a lack of capital, insect attacks, and natural disasters were
all the major issues. Various recommendations were made in this research for
improving the current production situation, with the goal of increasing boro rice
and jute yields.