Economics and Marketing of Sugarcane Production in District Mandi Bahaudin

Abstract

A cash crop, sugarcane (Saccharum officinarum L.), is regarded as a crucial raw ingredient for agricultural-based enterprises. Due to their significant contribution to GDP, the sugar industries are of utmost economic significance. In addition to offering financial incentives to the growers, it also produces byproducts that may be utilized as raw materials in other businesses to make a variety of goods. As a result, sugarcane growing has a lot of potential to boost the local economy because its operations have the potential to boost income and draw in local labor. The goal of the current study is to document knowledge about sugarcane crop marketing channels and the economic advantages of sugarcane farming in the area of Mandibahaudin, Punjab, Pakistan. Malakwal, Phalia, Qadirabad, and Gojra were the study's locations. A visit to the study area was made in order to collect the data. To gather primary data, 120 people randomly chosen from these communities were questioned using a pre–validated questionnaire. Techniques for random sampling produce accurate data. Secondary information is gathered from other sources. However, the findings support the understanding of the sugarcane crop's marketing channels as well as the financial advantages of sugarcane farming and its byproducts in the district of Mandibahaudin. Both a descriptive analysis and multiple regression analysis were performed.