Cost and Benefit analysis of Siamese Red Ruby Pomelo: Case Study of Saengwiman Village, Klong Noi Sub-district, Pak Phanang District, Nakhon Si Thammarat Province
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Abstract
This research aimed to (1) analyze the cost and benefit, and (2) study the break-even point in growing of Siamese Red Ruby Pomelo. This research is a combination of both quantitative and qualitative research. The quantitative data were used to collect specific samples from agricultural samples in Saengwiman Village, Khlong Noi Sub-district, Pak Phanang District, Nakhon Si Thammarat Province that were ready and willing to give information of 30 people by using a questionnaire to analyze cost, benefit and net return. The qualitative data was based on interviews with 10 representatives to suggest appropriate approaches to production and distribution channels
The results of the study showed that it was found that pomelo farmers planted a total of 207 rai, an average of 6.9 rai each with a yield of 983.08 kilograms per rai. The average income was 138,837.68 baht per rai, with the accounting cost totaling 15,697.72 baht per rai, the average income was 138,837.68 baht per rai, the net return was 88.69 and the benefit cost ratio was 8.84. The cost of economics totaled 38,183.23 baht per rai, with an average income of 138,837.68 baht per rai, net profit 100,654.44 baht per rai. The net return was 72.50 and the benefit cost ratio was 3.64. The amount of production at break-even point was 2,000.25 kilograms per rai.
All farmers' product distribution channels are going to distribute their produce through middlemen. Problems and obstacles in growing these kinds of pomelos were the amount of salt water flowing into pomelo plantation causes damage to them. Pests, weeds have been infested. Fertilizers and pesticides are expensive as well.
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References
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Department of Agricultural, Ministry of Agriculture and Cooperatives. (2020). Pomelo pest management for export. Retrieved 2020, September 26, from https://www.doa.go.th/share/showthread.php?tid=2419. (in Thai)
Khanabsak, S. (2018). Production and Marketing of Siamese Red Ruby Pomelo: Case Study of Pak Phanang District, Nakhon Si Thammarat Province. WMS Journal of Management 7(2), 12- 24. (in Thai)
Kraikruan, W. (2015). Study of Production Factors and Return Per Unit in the Horticultural Production Systems (Research report). Bangkok: Department of Agricultural. (in Thai)
Mingmaneenakin, W. (2010). Introduction to Economics. Bangkok: Thammasat press. (in Thai)
Office of Agricultural Economics. (2015). Production Marketing and Price of Pomelo in 1992/1993 and Forecasted trends in 1993-1994 of Songkhla and Nakhon Si Thammarat Provinces. (Research report). Songkhla: Thaksin University. (in Thai)
Plongoon, K. (2018). Break even point analysis of Leb Nok Pattani rice on farmers in Phatthalung Province. Phuket Rajabhat University Academic Journal 14(2), 325 - 348. (in Thai)
Polit, D. and B. Hungler. (2004). Nursing Research-Principle and Methods. Lippincott Williams & Wilkins, Philadelphia.
Preecha, C., & Na Nakorn, S. (2018). Fruit Growth and Development of Pomelo cv.Tubtim Siam at the Optimal Time for Harvesting Under the Climate Variation. (Research report). Nakhon Si Thammarat: Rajamangala University of Technology Srivijaya University. (in Thai)
Sangwiman, I. (2020). Siamese Red Ruby Pomelo, Pride of Pak Phanang. Retrieved 2020, October 10, https://www.klongnoy.go.th. (in Thai)
Suksaad, N. (2020). Agricultural Technology. Retrieved 2020, August 12, from https://www.technologychaoban.com/agricultural-technology. (in Thai)
Viratchai, N. (2010). Curriculum Research and Instruction Unit 10 Analytical Statistics Quantitative. Bangkok: Sukhothai Thammathirat Open University. (in Thai)