Management practice adoption and productivity of commercial aquaculture farms in selected areas of Bangladesh

J Bangladesh Agric Univ

Mian

et al. 2019

Tilapia (Oreochromis niloticus) is known as ‘fish for the poor’ due to its low market price. However, the question remains about the sustainability of this species because of high production cost and lower market price. Therefore, this study examined the financial profitability, technical efficiency and tried to find out the policy options for increasing the financial benefit of fish farmers. A total of 250 tilapia fish farmers were selected from seven tilapia producing areas of Bangladesh. To fulfill the objectives of this study, profitability, stochastic frontier production function, and sensitivity analysis were employed. Considering all selected farmers, tilapia farming found a profitable business where undiscounted BCR was only1.11. Among all cost items, only feed consists of 70 percent of the total production cost. The mean technical efficiency level of tilapia fish farmers was 85 percent, implies that by operating at full technical efficiency levels, tilapia yield could be increased from the current level of 20.98 to 24.13 tons per hectare and efficient farmers found more productive than inefficient farmers. Farmer’s financial benefit can be increased by reducing the feed price, decreasing FCR or increasing the output price. Feed price reduction or enhance the quality of feed could be effective policy options for sustaining the tilapia farming. J. Bangladesh Agril. Univ. 17(1): 92–98, March 2019

Section: Resultssupporting

confidence: 92%

Is tilapia farming financially profitable and efficient? Policy options for sustainable farming

Mukta

J Bangladesh Agric Univ

Mian

et al. 2019

“…Results revealed that the mean age of small, medium and large farmers were 38.19, 38.48 and 37.90 years respectively that implies there was no significant age differences among the pangas fish farmers. These results are similar to the study of Prodhan and Khan, (2018). Along with age, education is considered as a vital measuring scale for progressive attitude of the farm households towards production technique and it indicates the ability of an individual to read and write up to certain standard.…”

Section: Socioeconomic Characteristics Of Pangas Fish Farmerssupporting

confidence: 85%

Farm size, productivity and efficiency nexus: The case of pangas fish farming in Bangladesh

Aktar

J Bangladesh Agric Univ

Prodhan

et al. 2018

The inverse relationship between farm size and productivity is one of the most debated findings in agricultural productivity researches of developing countries. Aquaculture industries of Bangladesh have been expanded tremendously but most of the aquaculture farms are small and their productivity is not as high as expected. This paper has explored the relationships among farm size, productivity and efficiency of pangas fish farms. A survey was conducted on 125 farmers by direct interviewing in Mymensingh district of Bangladesh. Stochastic frontier production function was carried out to estimates the level of technical efficiency and polynomial regression was employed to show the relationship among farm size productivity and efficiency in pangas fish farming. In general, pangas fish farming was found to be profitable, where the large size farms were more profitable than the small. Feed and salt had highly significant and positive effects on productivity, while human labor had negative influences. Larger farms were found to be more productive and technically efficient than the smaller one, and the more productive farms were found to be more efficient. These findings could be justifiable by the fact that the large size farms enjoy more financial opportunities, management and marketing facilities in commercial mode and all these facilities help them to enhance productivity and efficiency. J. Bangladesh Agril. Univ. 16(3): 513–522, December 2018

“…Production factors that are associated with risk may lead to inefficient use of these inputs. Additional factors that may influence production efficiency include production input intensity (Prodhan & Khan, 2018), the size of the operation, operator experience, education and training, access to credit (Mitra, Khan, & Nielsen, 2019), adoption of new technology (Dey et al, 2013), lack of institutional service (Khan, Roll, & Guttormsen, 2021; Mukta, Khan, Mian, & Juice, 2019), and several other management factors (Alam, 2011; Alam, Khan, & Huq, 2012; Khan & Alam, 2003). Each of these factors is, in turn, affected by the operator's assessment of production risk (Rahman, Nielsen, Khan & Ahsan, 2021).…”

Section: Introductionmentioning

confidence: 99%

“…Therefore, input use techniques and managerial risk judgments are very important to securing an optimal outcome. Different inputs have different effects on production risk (Khan, Guttormsen, & Roll, 2018), and scientific input management practices (Prodhan & Khan, 2018) are therefore important for production optimization as well as for risk control.…”

Section: Introductionmentioning

confidence: 99%

“…The most important inputs in the Bangladesh pond aquaculture sector are feed, fingerlings, labor, and capital. Feed costs constitute the highest operating cost (60–70% of total production costs) and are the most important input for intensive or semi‐intensive grow‐out farming (Khan et al, 2018; Prodhan & Khan, 2018). Feed is assumed to increase fish productivity, but a farmer's ability to use the optimal quantity of feed, the frequency of feed use, and the use of quality feed may cause production variability.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Production risk, technical efficiency, and input use nexus: Lessons from Bangladesh aquaculture

J World Aquaculture Soc

Begum

Nielsen

et al. 2021

The optimal use of resources in aquaculture is important, especially in developing countries, to obtain the highest possible outcome from the production process to support food security and poverty alleviation. Thus, within this study, the risk, efficiency, and input‐use variation in aquaculture farms in Bangladesh is investigated using a flexible stochastic frontier model with a risk and an inefficiency function. The results reveal that feed, labor, and capital have positive and significant impacts on production. In addition, an increased fingerling density and a larger farm increase the risk, whereas the use of feed and the capital invested have the opposite effect. Access to extension services has a positive effect and increases farm efficiency. An investigation of the farm size–productivity inverse relationship reveals that this phenomenon is not applicable to Bangladesh aquaculture. In general, efficient farmers are large‐scale farmers, who use a lower stocking density but a higher feeding intensity, resulting in a higher yield. On average, farmers use less labor and feed than what is optimal. To increase efficiency and reduce risk, it is recommended that more technical knowledge on optimal input use, extension service, and capital is made available to aquaculture farmers.