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Economic Analysis of Hybrid Rice in Taluka Golarchi District Baddin Sindh, Pakistan

Received: 20 August 2015     Accepted: 28 August 2015     Published: 16 October 2015
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Abstract

Rice is second food source after wheat and is an important foreign exchange earning commodity of Pakistan’s economy, which gives about $950 million annually. Pakistan grows rice including early and late maturing verities, hybrid and conventional rice verities which are consider as high quality rice verities. The study was design to conduct economic analysis of hybrid rice production; major findings of the study were financial gain from hybrid rice. Taluka Golarchi was selected for the present study because it is a hybrid rice cropping zone, primary data on hybrid rice was collected from the farmers through personal interviews with the help of specially designed questionnaire. Result shows that total costs per acre of hybrid rice were 65993.62Rs/Acre which were slightly high due higher hybrid seed prices, slightly higher land management costs. On an average higher yield 78.88monds/acre was obtained from hybrid rice. The gross revenue was received as 85643.96Rs/Acre. Study results further indicate that hybrid rice growers obtained higher gross margin 38199.34Rs/Acre, which gives additional income to poor farmers in study Area.Therefore, gross revenue gained 85643.96Rs/Acre by hybrid rice. High profit was observed in hybrid rice. Most of the farmers focused to grow hybrid rice due to high yield advantage.

Published in International Journal of Business and Economics Research (Volume 4, Issue 6)
DOI 10.11648/j.ijber.20150406.11
Page(s) 264-269
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Hybrid Rice, Total Costs, Gross Revenue, Gross Margin, Net Returns

References
[1] Biz. (2002) The Break-Even Point, Bristol, UK: University of Bristol, Institute for Learning and Researc Technology, (accessed June, 2006) http://www.bized.ac.uk/virtual/vla/theories/break_even.html.
[2] Government of Pakistan, Economic survey of Pakistan2013,http://www.finance.gov.pk.
[3] IRRI. International Rice Research Institute. http://www.irri.org
[4] Janaiah A, M Hossain and M Hussain (2001). Hybrid for tomorrow’s food security: can theChinese miracle be replicated in other countries, journal outlook on Agriculture Vol.31, No.1 PP23-33.
[5] KhushGurdev S 2005. What it will take to Feed 5.0 Billion Rice consumers in 2030. Plant Molecular Biology. 59:1–6.
[6] Khushk A M, M I Lashari and A Memon, 2011. Performance of hybrid and other rice verities in Sindh and Balochistan J. Agric. Res., 49(4).
[7] Pakistan Agricultural Research Council (PARC) National Agricultural Research Centre (NARC) http:// www.parc.gov.pk/.
[8] Pakistan bureau of statistics, Government of Pakistan, http://www.pbs.gov.pk/content/pakistan-statisticalyear-book-2013.
[9] Varmani, S. S. 1994. Prospects of hybrid rice in the tropics and subtropics. In: hybrid Rice technology: New development and Future Prospects. (S.S Virmani, Ed.) Intl. Rice REs. Inst. Manila, Philippines. pp. 7-19.
[10] Virk, P. S., Khush, G. S. and Peng, S. (2004) Breeding to Enhance Yield Potential of Rice at IRRI: The Idotype Approach, IRRI, p. 5-9.
[11] Yuan Longping. 2004. Hybrid rice for food security in the world, FAO rice conference, Rome, Italy. http://www.fao.org/rice2004/en/pdf/longping.pdf.
[12] Yuan Longping. 2004. Hybrid Rice Technology for Food Security in the World The World Food Prize International Symposium.
[13] Yuan, L. P. 1994. Increasing yield potential of rice by exploitation of heterosis. In: Hybrid Rice technology: New development and Future prospects (S. S. Virmani, ed.) Intl. Rice Res. Newsl, Manila, Philippines. pp. 1-6.
[14] Yuan, L. P. 1994. Increasing yield potential of rice by exploitation of heterosis. In: Hybrid Rice technology: New development and Future prospects (S. S. Virmani, ed.) Intl. Rice Res. Newsl, Manila, Philippines. pp. 1-6.
[15] Noonari. S, Ms. Irfana Noor Memon, Asif Ali Jatoi, Muola Bux peerzadio, Abass Ali Chandio, Shoaib Ahmed Wagan, Asif Ahmed Sethar, Ghulam Yasin Kalwar, Mukhtiar Ali Bhatti, Abdul Sami Korejo, Ghulam Mustafa Panhwar, Taimoor Shah (2015) Analysis of Rice Profitability and Marketing Chain: A Case Study of District Sukkur Sindh Pakistan. International Journal of Business and Economics Research 2015; 4(3):133-143.
[16] Basak. J. K, Rashed Al Mahmud Titumir, Khosrul Alam (2015) Future Fertiliser Demand and Role of Organic Fertiliser for Sustainable Rice Production in Bangladesh, Agriculture, Forestry and Fisheries 2015; 4(5): 200-208.
Cite This Article
  • APA Style

    Qurat Ul Ain Memon, Shoaib Ahmed Wagan, Tufail Ahmed Wagan, Irfan Hussain Memon, Zohaib Ahmed Wagan, et al. (2015). Economic Analysis of Hybrid Rice in Taluka Golarchi District Baddin Sindh, Pakistan. International Journal of Business and Economics Research, 4(6), 264-269. https://doi.org/10.11648/j.ijber.20150406.11

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    ACS Style

    Qurat Ul Ain Memon; Shoaib Ahmed Wagan; Tufail Ahmed Wagan; Irfan Hussain Memon; Zohaib Ahmed Wagan, et al. Economic Analysis of Hybrid Rice in Taluka Golarchi District Baddin Sindh, Pakistan. Int. J. Bus. Econ. Res. 2015, 4(6), 264-269. doi: 10.11648/j.ijber.20150406.11

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    AMA Style

    Qurat Ul Ain Memon, Shoaib Ahmed Wagan, Tufail Ahmed Wagan, Irfan Hussain Memon, Zohaib Ahmed Wagan, et al. Economic Analysis of Hybrid Rice in Taluka Golarchi District Baddin Sindh, Pakistan. Int J Bus Econ Res. 2015;4(6):264-269. doi: 10.11648/j.ijber.20150406.11

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  • @article{10.11648/j.ijber.20150406.11,
      author = {Qurat Ul Ain Memon and Shoaib Ahmed Wagan and Tufail Ahmed Wagan and Irfan Hussain Memon and Zohaib Ahmed Wagan and Hina Memon and Zahoor Ahmed Wagan and Asadullah Jamro and Shakeel Ahmed Wagan and Imran Hussain Memon and Adnan Hussain Memon},
      title = {Economic Analysis of Hybrid Rice in Taluka Golarchi District Baddin Sindh, Pakistan},
      journal = {International Journal of Business and Economics Research},
      volume = {4},
      number = {6},
      pages = {264-269},
      doi = {10.11648/j.ijber.20150406.11},
      url = {https://doi.org/10.11648/j.ijber.20150406.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20150406.11},
      abstract = {Rice is second food source after wheat and is an important foreign exchange earning commodity of Pakistan’s economy, which gives about $950 million annually. Pakistan grows rice including early and late maturing verities, hybrid and conventional rice verities which are consider as high quality rice verities. The study was design to conduct economic analysis of hybrid rice production; major findings of the study were financial gain from hybrid rice. Taluka Golarchi was selected for the present study because it is a hybrid rice cropping zone, primary data on hybrid rice was collected from the farmers through personal interviews with the help of specially designed questionnaire. Result shows that total costs per acre of hybrid rice were 65993.62Rs/Acre which were slightly high due higher hybrid seed prices, slightly higher land management costs. On an average higher yield 78.88monds/acre was obtained from hybrid rice. The gross revenue was received as 85643.96Rs/Acre. Study results further indicate that hybrid rice growers obtained higher gross margin 38199.34Rs/Acre, which gives additional income to poor farmers in study Area.Therefore, gross revenue gained 85643.96Rs/Acre by hybrid rice. High profit was observed in hybrid rice. Most of the farmers focused to grow hybrid rice due to high yield advantage.},
     year = {2015}
    }
    

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  • TY  - JOUR
    T1  - Economic Analysis of Hybrid Rice in Taluka Golarchi District Baddin Sindh, Pakistan
    AU  - Qurat Ul Ain Memon
    AU  - Shoaib Ahmed Wagan
    AU  - Tufail Ahmed Wagan
    AU  - Irfan Hussain Memon
    AU  - Zohaib Ahmed Wagan
    AU  - Hina Memon
    AU  - Zahoor Ahmed Wagan
    AU  - Asadullah Jamro
    AU  - Shakeel Ahmed Wagan
    AU  - Imran Hussain Memon
    AU  - Adnan Hussain Memon
    Y1  - 2015/10/16
    PY  - 2015
    N1  - https://doi.org/10.11648/j.ijber.20150406.11
    DO  - 10.11648/j.ijber.20150406.11
    T2  - International Journal of Business and Economics Research
    JF  - International Journal of Business and Economics Research
    JO  - International Journal of Business and Economics Research
    SP  - 264
    EP  - 269
    PB  - Science Publishing Group
    SN  - 2328-756X
    UR  - https://doi.org/10.11648/j.ijber.20150406.11
    AB  - Rice is second food source after wheat and is an important foreign exchange earning commodity of Pakistan’s economy, which gives about $950 million annually. Pakistan grows rice including early and late maturing verities, hybrid and conventional rice verities which are consider as high quality rice verities. The study was design to conduct economic analysis of hybrid rice production; major findings of the study were financial gain from hybrid rice. Taluka Golarchi was selected for the present study because it is a hybrid rice cropping zone, primary data on hybrid rice was collected from the farmers through personal interviews with the help of specially designed questionnaire. Result shows that total costs per acre of hybrid rice were 65993.62Rs/Acre which were slightly high due higher hybrid seed prices, slightly higher land management costs. On an average higher yield 78.88monds/acre was obtained from hybrid rice. The gross revenue was received as 85643.96Rs/Acre. Study results further indicate that hybrid rice growers obtained higher gross margin 38199.34Rs/Acre, which gives additional income to poor farmers in study Area.Therefore, gross revenue gained 85643.96Rs/Acre by hybrid rice. High profit was observed in hybrid rice. Most of the farmers focused to grow hybrid rice due to high yield advantage.
    VL  - 4
    IS  - 6
    ER  - 

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Author Information
  • Collage of Economics and Management Anhui Agricultural University, China

  • Collage of Economics and Management Anhui Agricultural University, China

  • Hubei Insect Resources Utilization and Sustainable Pest Management Key Laboratory, College of Plant, Science and Technology, Huazhong Agricultural University, Wuhan, China

  • Institute of Mathematics and Computer Science, University of Sindh Jamshoro, Jamshoro,Pakistan

  • Department of Agronomy, Sindh Agriculture University, Tandojm, Pakistan

  • Department of Agricultural Education, Extension Sindh Agriculture University, Tandojm, Pakistan

  • Department of Horticulture, Sindh Agriculture University, Tandojm, Pakistan

  • Department of Rural Sociology, Sindh Agriculture University, Tandojm, Pakistan

  • Department of Animal Reproduction, Sindh Agriculture University, Tandojm, Pakistan

  • Library Department, University of Sindh Jamshoro, Jamshoro, Pakistan

  • Faculty of Arts, University of Sindh Jamshoro, Jamshoro, Pakistan

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