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PROFITABILITY OF FARMING ONE (1) ACRE OF OPV MAIZE POLICY PLANNING MONITORING AND EVALUATION DIRECTORATE (PPMED) AGRIBUSINESS UNIT |
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Agroecological Zone |
Transitional Zone |
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Region |
Ashanti |
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District |
Offinso North |
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Location |
Akumadan |
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Crop |
Maize OPV |
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Date of data collection |
Jun-22 |
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ACTIVITY |
UNIT OF MEASURE |
QUANTITY |
UNIT COST (GH¢) |
FREQUENCY |
TOTAL (GH¢) |
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A) LAND RENT |
Acre |
1 |
200.00 |
1 |
250.00 |
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B) LABOUR COST |
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I) LAND PREPARATION |
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Chemical (Application) |
Manday |
1 |
50.00 |
1 |
50.00 |
|
Ploughing (Tractor) |
Acre |
1 |
270.00 |
1 |
270.00 |
|
Harrowing |
Acre |
1 |
180.00 |
1 |
180.00 |
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II) PLANTING / SOWING |
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Lining and Pegging/Sowing |
Manday |
2 |
35.00 |
1 |
70.00 |
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III) WEED CONTROL |
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|
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1st Chemical control |
Manday |
1 |
50.00 |
1 |
50.00 |
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2nd Chemical control |
Manday |
1 |
50.00 |
1 |
50.00 |
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IV) FERTILIZER APPLICATION |
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|
|
|
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NPK |
Manday |
1 |
50.00 |
1 |
50.00 |
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Urea/SOA |
Manday |
1 |
50.00 |
1 |
50.00 |
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V) PEST AND DISEASE CONTROL |
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Stem Borer |
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|
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Fall Army Worm |
litres |
1 |
50.00 |
1 |
50.00 |
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VI) HARVESTING |
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Harvest |
Manday |
2 |
50.00 |
1 |
100.00 |
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Gather at central point |
Manday |
1 |
50.00 |
1 |
50.00 |
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Cart to barn |
Manday |
1 |
50.00 |
1 |
50.00 |
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VII) POST HARVEST |
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Dehusking |
- |
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Shelling |
Manday |
2 |
15.00 |
9 |
270.00 |
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Drying |
Manday |
1 |
10.00 |
9 |
90.00 |
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Bagging |
Manday |
2 |
5.00 |
4 |
40.00 |
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Load/pack to storage house |
Manday |
2 |
5.00 |
4 |
40.00 |
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INPUTS |
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|
|
|
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Weedicides -selective |
litres |
1 |
50.00 |
1 |
50.00 |
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Weedicides -non selective |
litres |
1 |
50.00 |
1 |
50.00 |
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Pesticide |
1 |
55.00 |
1 |
55.00 |
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Fertilizer |
- |
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√ NPK (50Kg) |
50Kg/bag |
1 |
400.00 |
1 |
400.00 |
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√ SOA (50 Kg) |
50Kg/bag |
1 |
270.00 |
1 |
270.00 |
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Cutlass |
Single |
1 |
30.00 |
1 |
30.00 |
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Tarpaulin** |
Number |
1 |
30.00 |
1 |
30.00 |
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Sacks |
Number |
1 |
3.00 |
1 |
3.00 |
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Baskets |
1 |
10.00 |
1 |
10.00 |
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Rope (Line ) |
Single |
1 |
5.00 |
1 |
5.00 |
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Nose mask |
1 |
5.00 |
1 |
5.00 |
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Gloves |
Pair |
1 |
5.00 |
1 |
5.00 |
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Knap sack** |
Single |
1 |
40.00 |
1 |
40.00 |
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Hoe* |
1 |
10.00 |
1 |
10.00 |
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Wellington boots* |
Pair |
1 |
15.00 |
1 |
15.00 |
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Seed |
Kg |
10 |
8.00 |
1 |
80.00 |
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TOTAL |
|
|
|
|
2,768.00 |
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Contigency/Miscelaeneous (5% of Total cost) |
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|
|
|
138.40 |
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TOTAL EXPENDITURE |
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|
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|
2,906.40 |
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REVENUE |
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Number of bags harvested Acre (x) |
9 |
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Average weight of bag |
100.00 |
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Price per bag (z) |
420.00 |
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Total Income (x.z) |
3,780.00 |
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Net Profit/Net Loss |
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873.60 |
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Return On Investment (R.O.I) (%) |
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30.06 |
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*Depreciated Amount **Hired Amount |
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