|
PROFITABILITY OF FARMING ONE(1) ACRE OF MAIZE (OPV)
POLICY PLANNING MONITORING AND EVALUATION DIRECTORATE (PPMED) AGRIBUSINESS UNIT |
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Agroecological Zone |
Forest Zone |
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Region |
Bono |
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District |
Nkrankrom |
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Location |
Sunyani |
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Crop |
Maize(OPV) |
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Date of data collection |
21st June, 2022 |
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ACTIVITY |
UNIT OF MEASURE |
QUANTITY |
UNIT COST (GH¢) |
FREQUENCY |
TOTAL (GH¢) |
|
A) LAND RENT |
Acre |
1 |
300.00 |
1 |
300.00 |
|
B) LABOUR COST |
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|
|
|
|
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I) LAND PREPARATION |
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|
|
|
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Land Clearing |
- |
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Manual |
Mandays |
4 |
40.00 |
1 |
160.00 |
|
Mechanical (Tractor) |
- |
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Chemical (Application) |
Mandays |
2 |
50.00 |
1 |
100.00 |
|
Ploughing |
- |
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|
Harrowing |
- |
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II) PLANTING / SOWING |
|
|
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Lining and Pegging/Sowing |
Contract |
1 |
120.00 |
1 |
120.00 |
|
III) WEED CONTROL |
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|
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1st Chemical control |
Mandays |
2 |
50.00 |
1 |
100.00 |
|
2nd Chemical control |
Mandays |
2 |
50.00 |
1 |
100.00 |
|
1st Weeding |
- |
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|
2nd Weeding |
- |
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IV) FERTILIZER APPLICATION |
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|
|
|
|
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NPK |
Mandays |
2 |
35.00 |
1 |
70.00 |
|
Urea/SOA |
Mandays |
2 |
35.00 |
1 |
70.00 |
|
V) PEST AND DISEASE CONTROL |
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|
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Fall Army Worm |
Mandays |
1 |
35.00 |
1 |
35.00 |
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VI) HARVESTING |
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Harvest |
Mandays |
2 |
35.00 |
1 |
70.00 |
|
Gather at central point |
Mandays |
2 |
35.00 |
1 |
70.00 |
|
Cart to barn |
Mandays |
2 |
35.00 |
1 |
70.00 |
|
VII) POST HARVEST |
|
|
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Dehusking/Shelling/Bagging |
Bag(165kg) |
9 |
20.00 |
1 |
180.00 |
|
Shelling |
- |
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Drying |
- |
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Winnowing |
- |
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Bagging |
- |
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Load/pack to storage house |
Mandays |
9 |
5.00 |
1 |
45.00 |
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INPUTS |
|
|
|
|
|
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Weedicides -selective |
litres |
2 |
50.00 |
1 |
100.00 |
|
Weedicides -non selective |
litres |
4 |
55.00 |
1 |
220.00 |
|
Pesticide |
litres |
2 |
35.00 |
1 |
70.00 |
|
Fertilizer |
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|
√ NPK (50Kg) |
50Kg |
2 |
400.00 |
1 |
800.00 |
|
√ Urea (50Kg) |
50Kg |
1 |
520.00 |
1 |
520.00 |
|
√ SOA (50 Kg) |
- |
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|
Cutlass |
Single |
1 |
40.00 |
1 |
40.00 |
|
Tarpaulin** |
Yard |
10 |
10.00 |
1 |
100.00 |
|
Sacks |
Number |
9 |
7.00 |
1 |
63.00 |
|
Baskets |
10 |
7.00 |
1 |
70.00 |
|
|
Rope (Line ) |
Single |
4 |
5.00 |
1 |
20.00 |
|
Nose mask |
1 |
35.00 |
1 |
35.00 |
|
|
Gloves |
Pair |
1 |
20.00 |
1 |
20.00 |
|
Knap sack** |
Single |
1 |
350.00 |
1 |
350.00 |
|
Hoe |
Single |
1 |
40.00 |
1 |
40.00 |
|
Wellington boots* |
Pair |
1 |
85.00 |
1 |
85.00 |
|
Seed |
kg |
9 |
8.00 |
1 |
72.00 |
|
TOTAL EXPENDITURE |
|
|
|
|
4,095.00 |
|
Contigency/Miscelaeneous (5% of Total cost) |
|
|
|
|
204.75 |
|
|
|
|
|
|
4,299.75 |
|
REVENUE |
|
|
|
|
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Number of bags harvested Acre (x) |
15 |
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Average weight of bag |
Kg |
100.00 |
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Price per bag (z) |
303.00 |
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Total Income (x.z) |
4,545.00 |
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Net Profit/Net Loss |
|
|
|
|
245.25 |
|
Return On Investment (R.O.I) (%) |
|
|
|
|
5.70 |
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*Depreciated Amount **Hired Amount |
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