Cost benefit analysis of kenaf cultivation for producing fiber in Malaysia

The main objective of this work to assess the cost benefit of kenaf cultivation in Malaysia. The data were collected through the focus group discussion with kenaf farmers as well as from National Company of Kenaf and Tobacco board (NKTB) administrative staff, the production data collected from Ken...

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Main Authors: Md Thair, Paridah, Abdelrhman Mohammed, Hamdon Ali, Othman, Mohd Shahwahid
Format: Article
Language:English
Published: OMICS International 2017
Online Access:http://psasir.upm.edu.my/id/eprint/61242/1/Cost%20benefit%20analysis%20of%20kenaf%20cultivation%20for%20producing%20fiber%20in%20Malaysia.pdf
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author Md Thair, Paridah
Abdelrhman Mohammed, Hamdon Ali
Othman, Mohd Shahwahid
author_facet Md Thair, Paridah
Abdelrhman Mohammed, Hamdon Ali
Othman, Mohd Shahwahid
author_sort Md Thair, Paridah
collection UPM
description The main objective of this work to assess the cost benefit of kenaf cultivation in Malaysia. The data were collected through the focus group discussion with kenaf farmers as well as from National Company of Kenaf and Tobacco board (NKTB) administrative staff, the production data collected from Kenaf Processing and Marketing Centre Bachok-Kelantan. The cost benefit analysis model was developed using Microsoft Excel software. Three scenarios of kenaf production per hectare were considered which were 15, 12 and 10 ton. According to the data analysis; the investigation of the three scenarios revealed that when the farmers in Kelantan state cultivated kenaf for producing fiber the production of 15 tons per hectare was found to be viable and maximizes their profit. The results suggest that farmers need to increase the productivity and alternate the current cultivated variety V36 with the tested varieties in Malaysian soils.
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spelling upm.eprints-612422018-09-07T00:32:53Z http://psasir.upm.edu.my/id/eprint/61242/ Cost benefit analysis of kenaf cultivation for producing fiber in Malaysia Md Thair, Paridah Abdelrhman Mohammed, Hamdon Ali Othman, Mohd Shahwahid The main objective of this work to assess the cost benefit of kenaf cultivation in Malaysia. The data were collected through the focus group discussion with kenaf farmers as well as from National Company of Kenaf and Tobacco board (NKTB) administrative staff, the production data collected from Kenaf Processing and Marketing Centre Bachok-Kelantan. The cost benefit analysis model was developed using Microsoft Excel software. Three scenarios of kenaf production per hectare were considered which were 15, 12 and 10 ton. According to the data analysis; the investigation of the three scenarios revealed that when the farmers in Kelantan state cultivated kenaf for producing fiber the production of 15 tons per hectare was found to be viable and maximizes their profit. The results suggest that farmers need to increase the productivity and alternate the current cultivated variety V36 with the tested varieties in Malaysian soils. OMICS International 2017 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/61242/1/Cost%20benefit%20analysis%20of%20kenaf%20cultivation%20for%20producing%20fiber%20in%20Malaysia.pdf Md Thair, Paridah and Abdelrhman Mohammed, Hamdon Ali and Othman, Mohd Shahwahid (2017) Cost benefit analysis of kenaf cultivation for producing fiber in Malaysia. Arabian Journal of Business and Management Review, 7 (4). pp. 1-4. ISSN 2223-5833 https://www.omicsonline.org/open-access/cost-benefit-analysis-of-kenaf-cultivation-for-producing-fiber-in-malaysia-2223-5833-1000310.pdf
spellingShingle Md Thair, Paridah
Abdelrhman Mohammed, Hamdon Ali
Othman, Mohd Shahwahid
Cost benefit analysis of kenaf cultivation for producing fiber in Malaysia
title Cost benefit analysis of kenaf cultivation for producing fiber in Malaysia
title_full Cost benefit analysis of kenaf cultivation for producing fiber in Malaysia
title_fullStr Cost benefit analysis of kenaf cultivation for producing fiber in Malaysia
title_full_unstemmed Cost benefit analysis of kenaf cultivation for producing fiber in Malaysia
title_short Cost benefit analysis of kenaf cultivation for producing fiber in Malaysia
title_sort cost benefit analysis of kenaf cultivation for producing fiber in malaysia
url http://psasir.upm.edu.my/id/eprint/61242/1/Cost%20benefit%20analysis%20of%20kenaf%20cultivation%20for%20producing%20fiber%20in%20Malaysia.pdf
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AT othmanmohdshahwahid costbenefitanalysisofkenafcultivationforproducingfiberinmalaysia