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The Economic Analysis of Sunflower Production


Affiliations
1 Department of Soil and Water Engineering, University of Agricultural Sciences, Raichur Karnataka, India
2 Department of Agricultural Engineering, University of Agricultural Sciences, Raichur Karnataka, India
3 Department of Agricultural Engineering, Sam Higginbottom Institute of Agriculture Technology and Sciences, Allahabad U.P., India
     

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Economic analysis plays a major role in agricultural production of any country. The aim of this case study was to create awareness about economics of the irrigation farming sunflower production per hectare in Northern Transition Zone of Karnataka, India. The data were collected from the 40 randomly selected farmers, having more or less homogeneous red sandy loamy soil field, using face to face questionnaire method. The study revealed that sunflower production cost consumed total Rs. 20.92 kg-1 out of which labour consumption was 39.16% followed by rental value of the owned land (17.88%) and inorganic fertilizer (10.41%) in the total cost. Total labour (human labour, bullock labour and machine labour) constituted about 51.85% of the total variable cost. The results showed that cost of production, net returns over variable cost, net returns over total cost and benefit cost ratio for sunflower production were Rs.41451.23 ha-1, Rs.38054.06 ha-1, Rs.27911.77 ha-1and 1.67, respectively.

Keywords

Economic Analysis, Net Return; Sunflower Production, Benefit Cost Ratio
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  • The Economic Analysis of Sunflower Production

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Authors

P. S. Kanannavar
Department of Soil and Water Engineering, University of Agricultural Sciences, Raichur Karnataka, India
Rudragouda Chilur
Department of Agricultural Engineering, University of Agricultural Sciences, Raichur Karnataka, India
B. R. Vasanthgouda
Department of Agricultural Engineering, University of Agricultural Sciences, Raichur Karnataka, India
y. Ravindra
Department of Agricultural Engineering, Sam Higginbottom Institute of Agriculture Technology and Sciences, Allahabad U.P., India
D. M. Nagaraj
Department of Agricultural Engineering, University of Agricultural Sciences, Raichur Karnataka, India

Abstract


Economic analysis plays a major role in agricultural production of any country. The aim of this case study was to create awareness about economics of the irrigation farming sunflower production per hectare in Northern Transition Zone of Karnataka, India. The data were collected from the 40 randomly selected farmers, having more or less homogeneous red sandy loamy soil field, using face to face questionnaire method. The study revealed that sunflower production cost consumed total Rs. 20.92 kg-1 out of which labour consumption was 39.16% followed by rental value of the owned land (17.88%) and inorganic fertilizer (10.41%) in the total cost. Total labour (human labour, bullock labour and machine labour) constituted about 51.85% of the total variable cost. The results showed that cost of production, net returns over variable cost, net returns over total cost and benefit cost ratio for sunflower production were Rs.41451.23 ha-1, Rs.38054.06 ha-1, Rs.27911.77 ha-1and 1.67, respectively.

Keywords


Economic Analysis, Net Return; Sunflower Production, Benefit Cost Ratio