Economics of Okra Production

EasyChair Preprint 6131

Abstract

Agricultural production cost study provides very usefully, practical value information for evolving sound production plans and improving farm efficiency. An understanding of the economics of okra ([Abelmoschus esculentus (L.) Moench])  production is essential to help farmers developed an appropriate agricultural policy to maximize yield and profits. The study was conducted in Al-Qasim district, Babylon Province, Iraq, to identify the economics of okra production. One hundred and twenty okra farmers were randomly selected. Cost and returns analysis indicate that the overall average cost of okra production was $1776∙ha-1, and per hectare cost of production increased with an increase in farm size. Family labor accounted for the highest percentage of the total cost of production. Overall average returns and profit per hectare, benefit-cost ratio, rate of return ratio, and operating ratio of okra production indicated okra production was profitable. Focuses more attention on medium-scale okra farms, and increasing dependence on mechanization can contribute to increasing return and profitability.

Keyphrases: Profitability, budgetary analysis, cost-benefit analysis, gross margin, input use

@booklet{EasyChair:6131,
  author    = {Bassim Haleem Kshash and Hayat Kadhum Oda},
  title     = {Economics of Okra Production},
  howpublished = {EasyChair Preprint 6131},
  year      = {EasyChair, 2021}}