The Analysis of Costs and Return Benefits of Para Rubber Farmers Group in Seka District, Bueng Kan Province

Abstract

          This research aimed to study the costs and benefits of rubber tree farmers who have grown the Cup Lump type in Seka District, Bueng Kan Province. The data was analyzed by the questionnaires (Close-ended questions), which was for the research instrument collected by sample 100 farmers in Seka District, Bueng Kan Province. This research studied the information from the documents, internet, and other relevant research in order to receive the actual costs and expecting benefits. The analysis of the benefits was done by payback period method (PB), net present value method (NPV), internal rate of return method (IRR), and accounting rate of return (ARR). From this study, it demonstrated that from the average 14 rai areas of 1,100 rubber trees and the average yields of 5,548 kilograms per year the total cost of growing rubber trees for twenty years was 934,317 baht. The total revenue was 1,958,979 baht and the average income per year was 6,996.35 baht. The investment of the payback period was 9 years, 8 months, and 12 days. The net present value was 35,152.71 baht which is 4 percent of the discount rate. The internal net of return was 4.71 percent and the accounting rate of return was 11.93 percent.