Farmers’ Profitability of Shrimp Farming

Abstract

The purposes of the study were to describe the socio-economic profile of shrimp farmers and to find out the factors influencing farmers’ profitability of the shrimp farming in the study area. The study was conducted in Bagerhat and Khulna districts of Bangladesh. A total number of 120 shrimp farmers were selected randomly as the sample of the study. The final data were collected during 1st November to 31st December, 2017 by using an interview schedule. Ten selected characteristics of the farmers were considered as the independent variables of the study. Farmers’ profitability of shrimp farming was considered as the dependent variable. The majority (55.8%) of the farmers said that shrimp farming is profitable. Multinomial logistic regressions analysis indicated that age, level of education, family size, experience in shrimp farming and organizational participation had significant positive contribution to their profitability. They were faced different problems in different level which are needed to mitigate by both public and private initiatives to increase the level of profitability. Key words: Farmer, profitability, shrimp farming and Bangladesh.