Comparison of Costs and Returns on Oil Palm Production of Member and Non-member Farmers under Large Agricultural Plot Scheme in Bang Saphan Noi District, Prachuap Khiri Khan Province
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Abstract
The results showed that the total production cost of LAPS member farmers was 4,028 Thai Baht (THB) per Rai, including the fixed cost was 500 THB per Rai, which land use was a majority cost accounting for 99%, the variable cost was 3,528.48 THB per Rai, which materials and wage were majority costs accounting for 64.72% and 35.28% respectively; and the return over cash cost was 22,716.78 THB per Rai. Meanwhile, the total cost of production of non- LAPS member farmers was 3,304.77 THB per Rai, including the fixed cost was 500 THB per Rai, which land use was a majority cost accounting for 99%, the variable cost was 2,805.17 THB per Rai, which materials and wage were majority costs accounting for 53.81% and 46.19%, respectively and the return over cash cost was 18,152.01 THB per Rai. The oil palm production cost of member and that of non-member farmers under LAPS were differed in the cost of planting materials namely organic fertilizer with statistical significance at the 0.05 level (P-value = 0.047), whereas the others costs were not statistically differed. Regarding production returns, the product prices were significantly differed at the 0 .05 level (P-value = .000).
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