Financial profitability analysis of dairy milk production in some selected areas of Bangladesh

Ariful Alam, Asma Yeasmin Sampa, Sauda Afrin Anny and Sharmin Afrin

International Journal of Agricultural Research, Innovation and Technology (IJARIT), 2022, vol. 12, issue 01

Abstract: The study analyzed profitability and productivity of dairy milk production from a survey of 70 respondents (farmers and market actors) in Dhaka region. Responsible factors that affect dairy milk production were identified using the Cobb-Douglas production function. The findings unveil that significant coefficients of variables exhibit positive impact on the dairy milk production. It is possible for dairy farmers to enjoy sufficient profits from milk production since earned gross return and net return were Tk. 1099 and Tk. 594, respectively against the total cost of production Tk. 487.83 per cow per day. Average production of milk per cow was 12.5 liters. The estimated Benefit Cost Ratio (BCR) was 2.17 that is dairy farmers earned Tk. 2.17 investing one taka in dairy farming.

Keywords: Agricultural Finance; Financial Economics (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/324687/files/29%29%20IJARIT%200390.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ijarit:324687

DOI: 10.22004/ag.econ.324687

Access Statistics for this article

More articles in International Journal of Agricultural Research, Innovation and Technology (IJARIT) from IJARIT Research Foundation
Bibliographic data for series maintained by AgEcon Search ().