Economic Assessment of Commercial Turkey and Broiler Farming in Bangladesh: An Application of Binary Probit Model

Abstract

A comprehensive and comparative study of Broiler and Turkey has been undertaken in Bangladesh focusing the stability issues. The study compared the profits of broiler and newly introduced Turkey breed in Bangladesh. The data used in the study were obtained from a cross-sectional survey of broiler and turkey farmers in the study areas. Purposive and simple random sampling procedures were used to select 180 farmers for the study. The data collected were analyzed using STATA and descriptive statistics. Major findings of this study indicates high gross and net return for Broiler 12.32 lac and 3.98 lac respectively although because of low cost the return over per Taka investment or BCR (undiscounted) was calculated and found high for Turkey 2.227 & of broiler 1.47. The study also revealed that farmer ’s age, education level had the positive and significant effect and experience, occupation, link with extension services and timely vaccinated had the negative effect for choosing Turkey production (turkey = 1 and broiler = 0). The main impediments to the turkey industry were found lack of proper marketing, veterinary and training facilities turning to a sudden fall in the demand, discouraged farmers to adopt turkey farming. Although both productions were found more or less profitable turkey farmers recorded more profit with less risk and therefore by investing more in turkey could be a strategy to bridging the animal protein supply deficit as a means of increasing farm income.