Production and Marketing of Soybean in Belagavi District of Karnataka - an Economic Analysis
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Date
2016-06
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University of Agricultural Science, Dharwad
Abstract
Soybean (Glycine max (L). Merill.) is a major oil seed crop in the world. It is known as golden bean and miracle crop because of its several uses. The multistage sampling procedure was adopted for selection of 120 sample farmers from Belagavi district. The results indicated that growth in area was positive and significant at 3.33 per cent per annum and production was positive but non-significant at 1.29 per cent per annum but productivity showing negative growth rate -1.98 per cent per annum.
Among the different categories of farmers, the total variable cost incurred by large farmers was highest ( 43,266.08 / ha) as compared to medium ( 40,555.98 / ha) and small farmers ( 39,935.93 / ha). And the total cost incurred by the large farmers was highest ( 55,498.04 / ha) as compared to medium and small farmers ( 52,668.28 / ha and 51,914.95 / ha) respectively. The highest returns was obtained by large farmers ( 92,256.87 / ha) followed by medium farmers ( 86,812.95 / ha) and small farmers ( 83,875.29 / ha). The benefit cost ratio (BCR) was highest in large farmers (1.66) than medium and small farmers (1.64 and 1.61 respectively). Decreasing returns to scale was observed in small farmers, (0.98) where as an increasing returns to scale was observed in medium and large farmers (1.10 and 1.05 respectively). The marketing analysis revealed that channel-III have more producer’s share in consumer’s rupee (92.38 %) than channel-I (87.24 %), and channel-II (87.78 %). Non-availability of labour and high cost of labour were the main constraints in soybean production and fluctuation of market prices was major constraint observed in marketing of soybean by most of the farmers.
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