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 : |
Northern |
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District: |
Yendi |
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Location: |
Yendi |
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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¢) |
|
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A) LAND RENT |
Acre |
1 |
200 |
1 |
200.00 |
B) LAND PREPARATION |
|
|
1 |
- |
|
• Land Clearing |
1 |
- |
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√ Manual |
Manday |
3 |
30 |
1 |
90.00 |
√ Chemical (Application) |
Manday |
1 |
30 |
1 |
30.00 |
• Ploughing |
Machine( tractor) |
1 |
150 |
1 |
150.00 |
C) PLANTING / SOWING |
|
|
1 |
- |
|
• Sowing (Seeding) |
Manday |
4 |
30 |
1 |
120.00 |
D) WEED CONTROL |
|
|
1 |
- |
|
|
|
|
1 |
- |
|
• Chemicals √ Post emegence |
Manday |
1 |
30 |
1 |
30.00 |
• Manual |
Manday |
4 |
30 |
1 |
120.00 |
E) FERTILIZER APPLICATION |
|
|
1 |
- |
|
• NPK 1st |
Manday |
3 |
30 |
1 |
90.00 |
•NPK 2ND |
Manday |
3 |
30 |
1 |
90.00 |
• Urea |
Manday |
3 |
30 |
1 |
90.00 |
F) PEST AND DISEASE CONTROL |
|
|
1 |
- |
|
• FAW / Stem Borer |
Manday |
1 |
30 |
2 |
60.00 |
G) HARVESTING |
1 |
- |
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• Harvest |
Manday |
4 |
30 |
1 |
120.00 |
• Gather at central point |
Manday |
2 |
30 |
1 |
60.00 |
H) POST HARVEST |
|
|
1 |
- |
|
• Shelling |
Machine |
1 |
200 |
1 |
200.00 |
• Treatment and bagging |
Manday |
2 |
30 |
1 |
60.00 |
• Carting to barn |
bag |
24 |
10 |
1 |
240.00 |
transportation of fertilizer to farm |
bag |
4 |
10 |
1 |
40.00 |
INPUTS |
|
|
|
|
|
Seed |
kg |
10 |
20 |
1 |
200.00 |
Weedicides non selective |
liter |
1 |
50 |
1 |
50.00 |
Weedicides selective |
liter |
1 |
50 |
1 |
50.00 |
Insecticde,grain treatment |
liter |
0.5 |
60 |
1 |
30.00 |
Insecticde, plant spraying |
liter |
1 |
50 |
1 |
50.00 |
Fertilizer |
1 |
|
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√ NPK (50Kg) |
bag |
3 |
400 |
1 |
1,200.00 |
√ Urea(50Kg) |
bag |
1 |
450 |
1 |
450.00 |
Cutlass |
single |
1 |
30 |
1 |
30.00 |
Tarpaulines / depriciated over four years |
Number |
2 |
100 |
1 |
50.00 |
Sacks |
single |
24 |
3 |
1 |
72.00 |
Wellingboots |
pair |
1 |
50 |
1 |
50.00 |
Rope (Line ) |
single |
4 |
5 |
1 |
20.00 |
Hoe |
single |
1 |
20 |
1 |
20.00 |
Total cost of production |
4,062.00 |
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Contigency (5% of Total cost) |
203.10 |
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Grand Total |
4,265.10 |
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REVENUE |
|
|
|
|
|
Number of bags harvested per acre (x) |
24 |
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Weight per bag (kg) |
100 |
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Price per bag…(Ghc) (z) |
300.00 |
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Total Income (Ghc) = (x * z) |
7,200.00 |
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Profit /Loss |
2,934.90 |
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ROI(%) |
68.81 |
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*Depreciated Amount |