Potential of Production, Cost and Return on Investment in Lotus Cultivation of Farmers in Bang Yai District, Nonthaburi Province

Abstract

This study aims to study the cost and return on investment of lotus planting and to investigate the differences cost and the return on investment among farmers in Bang Yai, Nonthaburi province. Quantitative Research methods are used in this study. The research instrument was a questionnaire. The population in the study was 147,351 people living in Bang Yai District and 400 people were selected as a sample by using Simple random sampling. The statistics used were percentage, mean standard deviation, and One-way ANOVA.

 The research results show that method to plant lotus flowers was at a medium level, (47.80%). The knowledge about keeping a ledger on lotus planting from community leaders and community representatives was about 37%. The objective of keeping the ledger for lotus planting to compare the possibility of receiving the most returns was 40.50%. The good comment on the benefit of keeping a ledger for lotus planting was 46.80%. The good comment on keeping a ledger resulting in recognizing the cost for each lotus planting was 38.80%. The results of the hypothesis testing of the differences between the cost and return of lotus planting among farmers showed a statistically significant difference at the level of 0.05.