Financial analysis of major crops with and without ipm technologies

Abstract

Abstract : This study focuses on the detailed financial analysis by comparing between IPM and Non-IPM technologies in the cultivation of major agricultural crops in four regions (Jessore, Comilla, Narsingdi and Bogra) of Bangladesh. The data were collected during 2013-2014 from 480 sample farmers using interview schedule. The present study reveals that IPM farmers incurred less variable costs and total costs and obtained higher gross return, gross margin, net return and benefit cost ratios than the Non-IPM farmers in rice and vegetable production. From the partial budgeting analysis of IPM adopting farmers versus IPM non-adopting farmers, it is obviously understandable that the IPM technology in rice, summer and winter vegetable production system is more profitable over the non-IPM system. Therefore, the farmers practicing IPM earned extra profit by selling their products at higher prices because the consumers prefer IPM products which is healthier than Non-IPM products. The factors like age of the farmers, education level of the cultivators, degree of information source, technology-related training, etc affect the adoption of IPM technology in rice and vegetable production.