PROFITABILITY OF FARMING ONE (1) ACRE OF OPV MAIZE AGRIBUSINESS UNIT |
|||||
Agroecological zone: |
Northern savanna |
||||
Region : |
Upper West |
||||
District: |
Sissala East |
||||
Location: |
Tumu |
||||
Crop : |
Maize OPV |
||||
Date of data collection: |
20/06/2022 |
||||
Activity/Iterm |
UNIT OF MEASURE |
QUANTITY |
UNIT COST (GH¢) |
FREQUENCY |
TOTAL (GH¢) |
A) LAND RENT |
Acre |
1 |
200 |
1 |
200.00 |
C) LAND PREPAPRATION |
|
|
- |
||
Mannual |
mandays |
2 |
30 |
1 |
60.00 |
Chemical |
mandays |
1 |
30 |
1 |
30.00 |
ploughing |
Acre(tractor) |
1 |
200 |
1 |
200.00 |
E) PLANTING |
|
|
- |
||
Rolling |
Manday |
2 |
30 |
1 |
60.00 |
planting |
Manday |
2 |
30 |
1 |
60.00 |
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 |
Manday |
2 |
30 |
1 |
60.00 |
• Urea |
Manday |
2 |
30 |
1 |
60.00 |
L) HARVESTING |
|
|
- |
||
harvest |
Manday |
4 |
30 |
1 |
120.00 |
Gather at central point |
Manday |
2 |
30 |
1 |
60.00 |
Shelling |
machine |
1 |
300 |
1 |
300.00 |
treating and bagging |
manday |
2 |
30 |
1 |
60.00 |
Transportation and storage |
Bag |
12 |
10 |
1 |
120.00 |
INPUTS |
|
|
|
|
- |
• Seed |
kg |
10 |
8 |
1 |
80.00 |
• Hiring of Tarpaulines |
Dailly |
1 |
5 |
3 |
25.00 |
• Cutlass |
single |
1 |
30 |
1 |
30.00 |
• Wallingboots |
pair |
1 |
60 |
1 |
60.00 |
• Weedicides(land clearing) |
liter |
1 |
50 |
1 |
50.00 |
• Weedicides(pre emergence) |
liter |
1 |
60 |
1 |
60.00 |
insecticide |
ml(200) |
0.5 |
50 |
1 |
25.00 |
• NPK |
Bag(50Kg) |
2 |
450 |
1 |
900.00 |
• UREA |
Bag(50Kg) |
1 |
430.00 |
1 |
430.00 |
Total production cost |
3,230.00 |
||||
• Contigency (5% of Total production cost) |
161.50 |
||||
GRAND TOTAL |
3,391.50 |
||||
REVENUE |
|
|
|
|
|
Number of bags harvested /acre………...x |
13 |
||||
Weight / bag (kg) |
100 |
||||
Price / bag…………….z |
300 |
||||
Total Income = (x* z |
3,900.00 |
||||
Profit /Loss |
508.50 |
||||
ROI(%) |
14.99 |