Economic analysis of Maize Seed Production on Farmers’ Fields
Abstract
Maize is an important fodder crop of summer and rainy season and suitable for silage making. It is the fast growing crop grown for both fodder and gain. The economics of Maize seed production crop (cv. African tall) was analysed for the period Kharif 2012–13 in seven farmers’ fields in Nidhan Village, Morena, MP. The highest cost was incurred on harvesting and pooling of mature crop. The average total expenditure incurred on that was 5266.1 and it was 18.8% of total cost. The average total working capital was found as 19722.94 per hectare (70.32% of total cost) and total variable cost is 20314.63 which is 72.43% of total cost. The average total cost is found as 28045 per hectare. The average total labour man days used per hectare are 53.59. The average total expenditure incurred on labour is 13305.31 (47.4%) which is found as highest expenditure in total cost. The highest expenditure in percentage term is incurred on labour followed by manures, draft power and seed cost. On per hectare basis the average quality seed production was 1402.68 kilogram. The average rate of quality seed was 25 per kilogram. The total return was found as 56632.95 per hectare. The average net return is 28203.74 per hectare. The average benefit cost ratio at is found as 1.99. The cost of production of seed when only main product quality seed only) was considered for selling was 20.30 per kilogram of seed. The cost of production of seed when both main product (quality seed only) and other by-products (dry fodder, rejected seed etc.) was considered was 4.9 per kilogram of seed. Thus, it is clear from the study that seed production of Maizeis highly profitable and has wide market available for it.
Keywords
Economic analysis, Maizeseed production, Benefit-Cost ratio