Profitability and Yield Gap Analysis of Binasoybean-3 in Some Selected Areas of Bangladesh

Syful Islam, Md. Habibur Rahman, Mohammad Rashidul Haque, Md. Mohsin Ali Sarkar and Razia Sultana
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Syful Islam: Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh Department of Agricultural Economics, Bangladesh Agricultural University (BAU), Mymensingh, Bangladesh
Md. Habibur Rahman: Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh
Mohammad Rashidul Haque: Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh
Md. Mohsin Ali Sarkar: Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh Department of Agricultural Economics, Bangladesh Agricultural University (BAU), Mymensingh, Bangladesh
Razia Sultana: Agricultural Economics Division, Bangladesh Institute of Nuclear Agriculture, Mymensingh, Bangladesh Department of Agricultural Economics, Bangladesh Agricultural University (BAU), Mymensingh, Bangladesh

International Journal of Research and Scientific Innovation, 2024, vol. 11, issue 11, 295-304

Abstract: Soybean is an important oil crop in Bangladesh to ensure high returns and self-sufficiency in oilseed production. This study aimed to estimate yield gap, cost and return, factors and constraints identification. The study was conducted in three major Binasoybean-3 growing areas of Bangladesh, namely Noakhali, Lakshmipur and Barishal. The estimated yield gap I was 0.17 t ha-1 (6.97%) and yield gap II was 0.22 t ha-1 (9.97%). The lowest total yield gap was 0.33 t ha-1 (13.60%) observed in Lakshmipur and it was the highest 0.50 t ha-1 (21.05%) in Noakhali district. The average yield gap was 0.39 t ha-1 (16.95%). The coefficients for Seed, MoP and Human labor were positively significant at 1% level. On the other hand, numbers of power tiller, urea and pesticide costs were found to be positively significant at 5% level. TSP and Gypsum were found to be positively significant at 10% level. The total cost of production in the field level of Binasoybean-3 was in Tk. 54247.06 ha-1, where 33.36% was fixed costs and 66.64% was variable cost. The highest cost at the farm level was in Barisal (Tk. 54668.40 ha-1) followed by Noakhali and Lakshmipur in Tk. 54253.22 and Tk. 53819.57 ha-1, respectively. The major shares of the total cost were human labor, power tiller, fertilizer, seed and power tiller. The highest net return (Tk. 39524.69 ha-1) comes from Lakshmipur district and the lowest net return (Tk. 22720.17 ha-1) comes from Barishal district. The undiscounted Benefit Cost Ratio (BCR) was 1.73, 1.66 and 1.42 for Binasoybean-3 at the field level for Lakshmipur, Noakhali and Barishal, respectively. The average Benefit Cost Ratio (BCR) was 1.60. Farmers of Binasoybean-3 growing areas faced various constraints to their cultivation non-availability of quality seed at proper time (49.70%), lack of knowledge about improved technology (48.77%), lack of soil moisture during sowing time (45.44%), disease and pest infestation (40.05%), lack of credit facilities (33.66%) and the insufficient or high price of labor in harvesting time (43.11%). Binasoybean-3 production in the study areas was profitable and farmers received a higher return on their investment.

Date: 2024
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