FINANCIAL ANALYSIS OF SESAME PRODUCTION IN SELECTED AREAS OF BANGLADESH
Financial analysis of sesame production in selected areas…
Keywords:
Financial profitability, sesame, constraints and BangladeshAbstract
Sesame is very important in Bangladesh to ensure the self-sufficiency in oilseed production. The main purposes of this study were to explore the financial returns of sesame. The principal objectives of this study were to determine the level of input use, cost and return and major problems of sesame cultivation. In total 405 data were collected from three major sesame growing areas of Bangladesh through stratified random sampling technique. Descriptive statistics and profitability model were used to analyze the collected data. The study revealed that total variable cost of sesame cultivation was Tk. 33233 ha-1. The total cost of production was Tk. 59621 ha-1 where 44% was fixed costs and 56% was variable cost. The average gross return and gross margin of sesame cultivation were found Tk. 90044 ha-1 and Tk. 56811 ha-1, respectively. Per hectare average net return was Tk. 30423 which was found to be highest in Jashore (Tk. 36817) followed by Barishal (Tk. 28479) and Tangail (Tk. 25975). BCR was found 1.51, which was the highest in Jashore 1.57 and lowest was 1.47 in Tangail district. The first constraint to oilseed sesame variety in all areas was the lack of quality seeds at appropriate time. Other problems were insect infestation (37%) followed by water logging condition (22%), adulterated seed & fertilizer (13%), labour crisis at harvesting time (10%), lack of training facilities and low market price (9%). This study helps to formulate appropriate policy to stakeholders, researchers and policy makers for increasing oilseed production of the country due to its high yield potential and profitability.
