Profitability Comparison Between Boro Rice and Maize Production in Dinajpur District

Authors

  • Rozina Yeasmin Department of Economics, Hajee Mohammad Danesh Science & Technology University, Dinajpur 5200, Bangladesh
  • Mohammad Saidur Rahman Department of Agricultural Economics, Bangladesh Agricultural University, Mymensingh 2202, Bangladesh
  • Mohammad Ismail Hossain Department of Agribusiness and Marketing, Bangladesh Agricultural University, Mymensingh 2202, Bangladesh

DOI:

https://doi.org/10.3329/ralf.v8i1.53267

Keywords:

Technical efficiency, Profitability, Boro rice, Maize farmers

Abstract

The study focuses on comparing technical efficiency and profitability between Boro rice farmers and maize farmers in Dinajpur district consisting of 150 randomly collected samples which are analyzed with statistical software STATA 12.0 version. Stochastic Frontier Analysis (SFA) is used to accomplish the first objective where it is found that the maize farmers are efficient compared to boro-rice farmers. The deviation of the mean technical efficiency is estimated at 0.09. In addition maize farmers are also more profitable than boro-rice farmers estimated with a benefit Cost Ratio (BCR) of1.08 is for boro-rice and 1.26 is for maize production. The net profit for boro-rice is estimated as 10,527.60 Tk./ha whereas 28,966.40 Tk./ha for maize producers. However mean technical efficiency of boro-rice (0.44) and maize (0.53) cultivation clearly indicates that better utilization of resources will raise the efficiency and profitability for both crops production.

Res. Agric., Livest. Fish.8(1): 51-56, April 2021

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Published

2021-05-01

How to Cite

Yeasmin, R., Rahman, M. S., & Hossain, M. I. (2021). Profitability Comparison Between Boro Rice and Maize Production in Dinajpur District. Research in Agriculture Livestock and Fisheries, 8(1), 51–56. https://doi.org/10.3329/ralf.v8i1.53267

Issue

Section

Agriculture