PROFITABILITY OF FARMING ONE (1) ACRE OF HYBRID MAIZE POLICY PLANNING MONITORING AND EVALUATION DIRECTORATE (PPMED) AGRIBUSINESS UNIT |
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Agroecological zone |
Northern savanna |
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Region |
Upper East |
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District |
Sissala East |
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Location |
Fumbesi |
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Crop |
Maize (hybrid) |
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Date of data collection |
20/06/2022 |
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Activity/Iterm |
UNIT OF MEASURE |
QUANTITY |
UNIT COST (GH¢) |
FREQUENCY |
TOTAL (GH¢) |
A) LAND RENT |
Acre |
1 |
200 |
1 |
200.00 |
C) LAND PREPAPRATION |
|
|
|
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Chemical |
Manday |
1 |
30 |
1 |
30.00 |
Ploughing (Tractor) |
(Acre) |
1 |
150 |
1 |
150.00 |
E) PLANTING |
|
|
|
||
planting or sowing |
Manday |
4 |
30 |
1 |
120.00 |
H) WEED CONTROL |
|
|
|
||
• Chemically selective |
Manday |
1 |
30 |
1 |
30.00 |
• Manual |
Manday |
3 |
30 |
1 |
90.00 |
I) PESTS CONTROL |
|
|
|
||
spraying (fall army worm/stem borrer ) |
Manday |
1 |
30 |
2 |
60.00 |
K) FERTILIZER APPLICATION |
|
|
|
||
• NPK 1st |
Manday |
2 |
30 |
1 |
60.00 |
• NPK 2nd |
Manday |
2 |
30 |
1 |
60.00 |
• Urea |
Manday |
2 |
30 |
1 |
60.00 |
L) HARVESTING |
|
|
|
||
harvest |
Manday |
3 |
30 |
1 |
90.00 |
Gather at central point |
Manday |
2 |
30 |
1 |
60.00 |
Shelling |
machine |
1 |
250 |
1 |
250.00 |
treating and bagging |
manday |
2 |
30 |
1 |
60.00 |
Carting to barn |
bag |
24 |
5 |
1 |
120.00 |
INPUTS COST |
|
|
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Seed |
kg |
10 |
15 |
1 |
150.00 |
Tarpaulines / depriciated over four years |
Number |
2 |
100 |
1 |
50.00 |
Cutlass |
single |
1 |
30 |
1 |
30.00 |
Wellington boots |
pair |
1 |
60 |
1 |
60.00 |
Weedicides(land clearing) |
liter |
1 |
50 |
1 |
50.00 |
Weedicides(post emergence) |
liter |
1 |
50 |
1 |
50.00 |
Insecticide for treatment |
ml(200) |
1 |
20 |
1 |
20.00 |
Fertilizer |
|
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NPK |
Bag(50Kg) |
3 |
400.00 |
1 |
1,200.00 |
UREA |
Bag(50Kg) |
1 |
450.00 |
1 |
450.00 |
Total production cost |
3,500.00 |
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Contigency (5% of Total production cost) |
175.00 |
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GRAND TOTAL |
3,675.00 |
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REVENUE |
|
|
|
|
|
Number of bags of harvested /acre (x) |
22 |
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Weight / bag |
100.00 |
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Price / bag (z) |
300.00 |
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Total Income = (x* z) |
6,600.00 |
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Profit /Loss |
2,925.00 |
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ROI(%) |
79.59 |
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*Depreciated Amount |