Soybean production Cost - Start Farming Now
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Thursday, January 27, 2022

Soybean production Cost

 


Soybean production Cost

 
A.Non-Material cost:
Sl.
no
 
Items of operation
Mechanical labours @1400tk/ha
No. of labours
@250tk/head/day
Total cost
(Tk.)
01.
Preparation of land by 5 ploughing & laddering
5X1400
35
15,750.00
02.
Trimming of ails, spading of corners & breaking of clods
 
10
2,500.00
03.
Application of manures & fertilizers
 
3
750.00
04.
Seed treatment & sowing of seed in line
 
10
2,500.00
05.
Weeding
 
40
10,000.00
06.
Application of pesticides(2 times) & top dressing of fertilizers
 
6
1,500.00
07.
Irrigation (2 times)
 
6
1,500.00
08.
Collection of pod, threshing, cleaning & drying
 
90
22,500.00
 
Total
=
=
57,000.00
 
B. Material cost:
Sl.
no
Items
Quantity required
Kg/ha
Price
Tk./kg
Cost
(Tk.)
01.
Seed
80
85
6,800.00
02.
Manures & Fertilizers
 
 
 
 
Cowdung
4000
1.00
4,000.00
 
Urea
55
18.00
990.00
 
TSP
160
23.00
3,680.00
 
MoP
110
17.00
1,870.00
 
Gypsum
90
9.00
810.00
03.
Pesticides
 
 
500.00
04.
Miscellaneous
 
 
500.00
 
Total
=
=
19,150.00
 
Total input cost: Non-Material cost (A) + Material cost (B)
                              = (57,000.00+ 19,150.00) Tk.
                              = 76,150.00 Tk.
 
C. Overhead cost:
Sl.no.
Items
Cost (Tk.)
01.
Interest on total input cost @ 8% for 6 months
3,046.00
02.
Interest on lease value of land 10,000 @ 10 tk. per annum for a period of 6 months
500.00
03.
Miscellaneous cost (5% of total input cost)
3,807.50
 
total
7,353.50
 
Total cost of production = Non-Material cost (A) + Material cost (B) + Overhead cost (C)
                                          = (57,000.00 + 19,150.00 + 7,353.50) Tk.
                                          = 83,503.50 Tk.
 
D. Gross income
Products
Yield (kg/ha)
Value rate (Tk./kg)
Value (Tk.)
1.      Grain
1500
90
1,35,000.00
2.      Byproduct
2300
10
23,000.00
             Total
 
 
1,58,000.00
 
E. Net income: Gross income – Total cost of production
                           = (1, 58,000.00 – 83,503.50) Tk.
                           = 74,496.50 Tk.
 
Benefit cost ratio (BCR): Gross income/ Total cost of production
                                       = 1, 58,000.00 tk. / 83,503.50 tk.
                                           = 1.89
 
Cost of production per unit of product (CPUP): TCP – VB / YP
                                                                                 = 83,503.50 tk. – 23,000.00 tk. / 1500 kg
                                                                                 = 40.33 tk. / kg
 
 
 
 

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