PROFITABILITY ANALYSIS OF AROMATIC RICE PRODICTION IN DINAJPUR DISTRICT OF BANGLADESH

Abstract

The purpose of the study was to describe some selected socio-economic characteristics of the aromatic rice cultivars; to estimate the cost and returns of aromatic rice production; to determine the profitability of aromatic rice production in the study areas; to identify the factors affecting profitability of aromatic rice production and to identify the problems faced by farmers in aromatic rice cultivation. The study was undertaken purposively in Chirirbandar under Dinajpur district. Validated and well- structured interview schedule (questionnaire) was used to collect data from 105 aromatic rice cultivars during 5 i th June, 2019 to 30 th June, 2019. Per hectare gross return of aromatic rice cultivation was Tk. 141628. Per hectare gross margin was Tk. 93456 for aromatic rice production. Total net return was estimated Tk. 62904 for aromatic rice production per hectare. Benefit cost ratio (BCR) was 1.80 for aromatic rice production. Cobb-Douglas production function analysis was carried out for examining the factors affecting the profitability of input use. In most of the cases the coefficients of human labor, seeds, urea, gypsum and manure had significant positive effect on production of aromatic rice production, but zinc sulphate showed negative significant effect on aromatic rice cultivation. The values of the coefficient of multiple determination of aromatic rice production was 0.79 which implied that about 79 percent of the total variation in the gross return could be explained by the included explanatory variables of the model. Low price of aromatic rice was the 1st problem followed by high price of fertilizer, lack of quality seed and lack of adequate transportation facilities was the last problem in aromatic rice production.