Cost and Revenue Analysis from Investment in Sugarcane Cultivation of Sugarcane Farmers in Ban Phai District, Khon Kaen Province, Planting Year 2019/2020

Abstract

The objectives of the study were (1) to investigate the characteristics of sugarcane cultivation that affect the cost and revenue of sugarcane cultivation, (2) to study the cost and revenue analysis of newly planted sugarcane among different farmers groups. The farmers were classified into 3 groups; Group 1 has a sugarcane plantation area of 1-160,000 square meters. Group 2 has a sugarcane plantation area of 161,600-800,000 square meters. Group 3 has a sugarcane plantation area of more than 801,600 square meters. Ten samples of each group were sampled by using a structured interview as a study tool. The data obtained were analyzed by cost and revenue analysis based on the whole cultivation calendar. The large-scale farmers have fixed costs of 25.96% and variable costs of 74.04%. Variable costs can divide into 34.42% of labor costs, 38.02% of agricultural supplies and equipment costs, and 1.60% of the logistic cost. The medium-scale farmers have fixed costs of 18.79% and variable costs at 81.21% of the total cost. Variable costs can be identified as labor costs at 40.12%, agricultural supplies and equipment costs at 38.86%, and logistic costs at 2.23%. The small-scale farmers have fixed costs of 32.41% and variable costs at 67.59% of the total cost. It distributed to labor costs at 30.61%, agricultural supplies and equipment costs at 33.55%, and the logistic costs at 3.43%. The study's findings showed that the return of sugarcane cultivation for large-scale, medium-scale, and small-scale farmers yielded an average revenue of 1,684.70, 2,196.00, and 2,080 baht per rai, respectively.