Cost and Performance Analysis of Rubber Plantation in the Case of Tambol Pak lor, Khok Pho District, Pattani Province
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Abstract
This study, cost and performance analysis of rubber plantation in the case of Tambol Pak lor, Khok Pho District, Pattani Province, aims to survey research the cost and performance in rubber plantation. The study is considered empirical research which applied 339 cases. The result, the plantation sizes were about 5-10 Rai (counting only tapping rubber tree). The rubber tree type was RRIM600. With respect to natural rubber scrap production system. The average variable cost for rubber plantation about 6,330.93 bath per Rai (1 rai = 3.9 acres); on the other hand, the fixed cost was 3,210.48 bath per Rai and total average cost 9,541.41 bath per Rai. According to production and return of rubber plantation, the average revenue from two products, which are fresh rubber milk and rubber scrap, was about 14,970.19 bath and average profit about 5,428.78 per Rai per year. With respect to return analysis, for 10 Rai of plantation size, over 25 years of rubber. For is fresh latex product the payback time period was 11 years 2 months 9 days, the net present value was 1,168,438.59 bath and finally internal rate of return was 20.55% and benefit Cost Ratio: B/C Ratio was 2.13 fold. As a result, this project is acceptable. And for is rubber cup lumps the payback time period was 14 years 1 months 10 days, the net present value was 758,924.10 bath and finally internal rate of return was 20.44% and benefit-Cost Ratio: B/C Ratio was 1.74 fold. As a result, also this project is acceptable. The farmer request government subsidy in term of knowledge and know how about fertilizer. Furthermore part time job for farmer is still needed in order to sustain revenue of the household.
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