Economic feasibility of soybean (Glycine max L.) production in some selected areas of Bangladesh

Economic feasibility of soybean (Glycine max L.) production in some selected areas of Bangladesh

2010

A:PS

This study was conducted in two soybean growing areas, namely Noakhali and Laxmipur districts of Bangladesh during the year of 2007-2008. The results of the study indicated that soybean cultivation was profitable in both the areas since the gross margin was Tk.18407/ha. In general, undiscounted Benefit Cost Ratio (BCR) was found to be 2.23. Among the competitive crops, soybean was the second most profitable crop in the study areas. ORC ratio 0.39 indicated that soybean production had comparative advantage rather than import. Soybean was high yielding and low cost crop. Farmers of low income group can cultivate this crop for obtaining higher benefit. Proper training and regular monitoring are essential to popularize this crop and increase soybean production in the study areas of Bangladesh and needs mitigation of problems.

v.35(4):561-571, BANGLADESH JOURNAL OF AGRICULTURAL RESEARCH

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