IDEAS home Printed from https://ideas.repec.org/p/ags/iaae18/277163.html

An analysis of Profitability and Resource Use Efficiency of Poultry Feed Mills in Bangladesh

Author

Listed:
  • Haque, M.A.
  • Ahamed, T.
  • Akteruzzaman, M.
  • Hashem, A.
  • Haque, S.
  • Akter, S.
  • Islam, M.M.
  • Alamgir, M.S.
  • Isla, M.M.

Abstract

The study examines the profitability and resource use efficiency analysis of poultry feed mills of Bangladesh covering Dhaka, Gazipur, Narsingdi, Kishoreganj and Mymensingh districts. Thirty feed mills which categorized as; high, medium and low quality on the basis of feed conversion ratio (FCR), were purposively selected. The primary and secondary data were collected and analyse on Cobb-Douglas model. Four out of six variables included in the model were explainied significantly. The feed production cost was estimated Tk. 39295, Tk. 38643 and Tk. 37218 per metric tonne (MT) respectively. The cost of high quality feed was more than medium and low quality feed and the gross return was Tk. 43160, Tk. 42330 and Tk. 40500 per MT respectively. It indicates that high quality feed production was more profitable than the medium and low feed production. The results of Cobb-Douglas model indicated that if the supply of quality of raw materials increased, their efficiency would increase for low and medium. It was also found that the ratio of MVP and MFC were less than one which indicated that the resources were over utilized for high quality feed mills and three input out of six underutilized for medium and low quality feeds. Acknowledgement : All praises for the Almighty Allah Whose blessings have enabled the author to complete the task of this paper. I do hereby express my deep sense of gratitude and indebtedness to my respected professor Dr. Md. Akteruzzaman, Department of Agricultural Economics, Md. Abul Hashem, Professor, Department of Animal Science, Bangladesh Agricultural University, Mymensingh and Associate Professor Tofael Ahamed, Tsukuba University, Japan for their guidance, suggestions and supervision. I am grateful to Ministry of Science and Technology, Government of the Peoples Republic of Bangladesh for providing financial support Special thanks to all of my friends, their encouragement and moral support .

Suggested Citation

  • Haque, M.A. & Ahamed, T. & Akteruzzaman, M. & Hashem, A. & Haque, S. & Akter, S. & Islam, M.M. & Alamgir, M.S. & Isla, M.M., 2018. "An analysis of Profitability and Resource Use Efficiency of Poultry Feed Mills in Bangladesh," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277163, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae18:277163
    DOI: 10.22004/ag.econ.277163
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/277163/files/1172.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.277163?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Boris E. Bravo-Ureta & Laszlo Rieger, 1991. "Dairy Farm Efficiency Measurement Using Stochastic Frontiers and Neoclassical Duality," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 421-428.
    2. Raha, S.K., . "Poultry Industry In Bangladesh: Is It Growing?," Bangladesh Journal of Agricultural Economics, Bangladesh Agricultural University, vol. 30(2), pages 1-09.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shyian, Natalia & Kolosha, Valerii, . "Формування Ціни На Молоко В Україні В Контексті Світових Тенденцій," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 6(4).
    2. Martin Nordin & Sören Höjgård, 2017. "An evaluation of extension services in Sweden," Agricultural Economics, International Association of Agricultural Economists, vol. 48(1), pages 51-60, January.
    3. Puig-Junoy, Jaume & Argiles, Josep M., 2004. "The influence of management accounting use on farm inefficiency," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 5(2), pages 1-20, August.
    4. Kurkalova, Lyubov A. & Jensen, Helen H., 1998. "Technical Efficiency Of Grain Production In Ukraine," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20974, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Anthony Baffoe‐Bonnie & Genti Kostandini, 2019. "Annual and cropping season environmental production conditions effects on smallholder technical efficiency in sub‐Saharan Africa: Evidence from Ethiopia," Agricultural Economics, International Association of Agricultural Economists, vol. 50(6), pages 779-791, November.
    6. J. Van Meensel & A. Kanora & L. Lauwers & J. Jourquin & L. Goossens & G. Van Huylenbroeck, 2010. "From research to farm: ex ante evaluation of strategic deworming in pig finishing," Veterinární medicína, Czech Academy of Agricultural Sciences, vol. 55(10), pages 483-493.
    7. Tzouvelekas, Vangelis & Pantzios, Christos J. & Fotopoulos, Christos, 2001. "Economic Efficiency in Organic Farming: Evidence from Cotton Farms in Viotia, Greece," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 33(1), pages 35-48, April.
    8. Trestini, Samuele, 2006. "Technical Efficiency of Italian Beef Cattle Production Under a Heteroscedastic Non-Neutral Production Frontier Approach," Conference Papers 6683, University of Minnesota, Center for International Food and Agricultural Policy.
    9. Nordin, Martin & Hojgard, Soren, 2015. "Advisory services for nutrient utilisation," 2015 Conference, August 9-14, 2015, Milan, Italy 212586, International Association of Agricultural Economists.
    10. Saldias, Rodrigo & von Cramon-Taubadel, Stephan, 2012. "Access to credit and the determinants of technical inefficiency among specialized small farmers in Chile," DARE Discussion Papers 1211, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    11. Musemwa, L. & Mushunje, Abbyssinia & Muchenje, V. & Aghdasi, F. & Zhou, L., 2013. "Factors affecting efficiency of field crop production among resettled farmers in Zimbabwe," 2013 Fourth International Conference, September 22-25, 2013, Hammamet, Tunisia 161443, African Association of Agricultural Economists (AAAE).
    12. Moreira Lopez, Victor H. & Bravo-Ureta, Boris E. & Arzubi, Amilcar & Schilder, Ernesto, 2006. "Multi-output Technical Efficiency for Argentinean Dairy Farms Using Stochastic Production and Stochastic Distance Frontiers with Unbalanced Panel Data," Economi­a Agraria (Revista Economia Agraria), Agrarian Economist Association (AEA), Chile, vol. 10, pages 1-10.
    13. Akanni, K. A., 2013. "Lumbering Activities and Market Equilibrium Analysis of Timber Industry in South Western Nigeria," Sustainable Agriculture Research, Canadian Center of Science and Education, vol. 2(01).
    14. Fatima, Hina & Almas, Lal K & Yasmin, Bushra, 2017. "Production Efficiency Analysis of Capsicum (Bell Pepper) Cropping System under the Tunnels in Punjab, Pakistan," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252736, Southern Agricultural Economics Association.
    15. Rougoor, Carin W. & Trip, Ger & Huirne, Ruud B. M. & Renkema, Jan A., 1998. "How to define and study farmers' management capacity: theory and use in agricultural economics," Agricultural Economics, Blackwell, vol. 18(3), pages 261-272, May.
    16. Tzouvelekas, Vangelis & Giannakas, Konstantinos & Karagiannis, Giannis, 1998. "Efficiency, Productivity And Output Growth: An Inter-Regional Analysis Of Greek Agriculture," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20936, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    17. Zhu, Xueqin & Milán Demeter, Róbert, 2012. "Technical efficiency and productivity differentials of dairy farms in three EU countries: the role of CAP subsidies," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 13(01), pages 1-27.
    18. Zenaida M Sumalde & Donald B. Villanueva & Valerien O Pede & Yolanda T Garcia & U-Primo E Rodriguez, 2017. "Assessment of Neighborhood and Spillover Effects on Technical Efficiency of Irrigated Rice Farmers," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 14(2), pages 103-125, December.
    19. Lota D. Tamini & Bruno Larue & Gale West, 2012. "Technical and environmental efficiencies and best management practices in agriculture," Applied Economics, Taylor & Francis Journals, vol. 44(13), pages 1659-1672, May.
    20. Bozoglu, Mehmet & Ceyhan, Vedat, 2007. "Measuring the technical efficiency and exploring the inefficiency determinants of vegetable farms in Samsun province, Turkey," Agricultural Systems, Elsevier, vol. 94(3), pages 649-656, June.

    More about this item

    Keywords

    ;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:iaae18:277163. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.