Open AccessPerformance of Cost and Prices of Soybean in Vidarbha
Author(s) -
Nishant V. Shende
Publication year - 2021
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
eISSN - 0976-4666
pISSN - 0424-2513
DOI - 10.46852/0424-2513.4.2021.4
Subject(s) - hectare , productivity , production (economics) , crop , non invasive ventilation , mathematics , toxicology , zoology , geography , biology , forensic science , agriculture , veterinary medicine , agronomy , medicine , economics , ecology , macroeconomics
"In Maharashtra State, the area under soybean cultivation during 2019-20 was 4124.01 (000) hectares with total production of 4825.63 (000) tonnes. Maharashtra is the second largest soybean growing state in the country. In Vidarbha region the area under soybean cultivation during 2019-20 was 4124.01 (000) hectares with production of 4825.63 (000) tonnes. Keeping in view the importance of Soybean crop in Vidarbha the present study was conducted with an defined objectives & methodology. The study revealed that, the growth rates of Area, Production & Productivity indicates stagnant growth during the study period. The coefficient of variation of Area Production & Productivity were 8.78 %, 33.19% and 35.12% respectively. The coefficient of variation in input utilization for soybean was ranges from 3.19% to 180%. However highest for female labour i.e., 180.78% whereas the growth rates for male labour and bullock labour were declined by -1.94 and -11.42 % per annum respectively. The cost of cultivation is in increasing trend. On the other hand CGR for Cost of Production was estimated 8.25% per annum and statistically found significant. However MSP increases at the rate of 9.66 % per annum and Price received by farmer at 4.54% per annum. The share of input cost to the total cost was highest in Hired Human Labour (Male & Female) i.e., 18.68%. Followed by Machine power and Seed component 13.25% and 11.16% respectively. The average yield was receive 13.24 qtl/ha. The input output ratio at Cost A is 1.41, Cost B is 1.06 and at Cost C no profit no loss was recorded. The input out put ratio at Cost A & B was more. Which means crop is profitable at variable cost, farmers were received higher producers price than MSP. But the cost of Production was more than MSP. The parity between Cost of Production and MSP was ranges from ` 162.58 to ` 1788.12 during last ten years. The study further indicates that on an average the percentage of cost of production over previous year was 1.19% on an average of last ten years. Hence farmers were getting the price as equal to MSP. However MSP changes with constant increase ranges from 100.00 to 132.00 % to present year."