Financial profitability analysis of dairy milk production in some selected areas of Bangladesh

Abstract

The study analyzed profitability and productivity of dairy milk production from a survey of 70 respondents (farmers and market actors) in Dhaka region. Responsible factors that affect dairy milk production were identified using the Cobb-Douglas production function. The findings unveil that significant coefficients of variables exhibit positive impact on the dairy milk production. It is possible for dairy farmers to enjoy sufficient profits from milk production since earned gross return and net return were Tk. 1099 and Tk. 594, respectively against the total cost of production Tk. 487.83 per cow per day. Average production of milk per cow was 12.5 liters. The estimated Benefit Cost Ratio (BCR) was 2.17 that is dairy farmers earned Tk. 2.17 investing one taka in dairy farming. Int. J. Agril. Res. Innov. Tech. 12(1): 182-187, June 2022

Socio-Economic Status and Relational Analysis among the Factors of Cattle Farming at Jhenaidah District in Bangladesh

“…Md. Ariful Alam et al (2022) reported that the production of milk per cow per day is 12.5 liters which is more than that of the present study. The reason is that Md.…”

“…92.954 thousand BDT per cow per year. This implies that dairy milk production was a profitable enterprise for small and medium dairy farmers and the result is nearer to line with the findings of Alam et al (2022). The average fixed cost per cow per year was .822 thousand BDT which includes the cost of house building and maintenance costs for cattle farming.…”

“…The reason is that Md. Ariful Alam et al (2022) studied the study area Dhaka and data were based on large farms, and the dairy farms were almost based on foreign species such as Holstein Friesian milking cows. Net return per cow per year from Holstein Friesian milking cows is much more than generally raised local or cross-breeding cows.…”

Making a Video Documentary on Fake News and Disinformation in Bangladesh: Critical Reflections and Learning

“…The country enacted the Right to Information Act in 2009 which provided people with a foundation to enjoy freedom of information (Hoque, 2018a). The country's robust economic growth created positive impacts in all sectors, including agriculture, poverty reduction, energy, technology, governance, and so forth (Adnan et al, 2021a(Adnan et al, , 2021bHoque, 2014aHoque, , 2016Hoque, , 2018bHoque, , 2020aHoque, , 2020bHoque, , 2021aHoque, , 2021bHoque & Tama, 2020, 2021Sarker et al, 2020;Tama et al, 2015Tama et al, , 2018Tama et al, , 2021. However, the situation has changed in the last decade, especially with the massive growth of social media (such as Facebook) and online news portals.…”