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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 |
Bono |
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District |
Wenchi Municipal |
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Location |
Wenchi |
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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¢) |
|
A) LAND RENT |
1 |
100.00 |
1 |
100.00 |
|
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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 |
250.00 |
1 |
250.00 |
|
Harrowing |
Acre |
1 |
170.00 |
1 |
170.00 |
|
II) PLANTING / SOWING |
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|
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Lining and Pegging/Sowing |
Manday |
1 |
80.00 |
1 |
80.00 |
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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 |
2 |
50.00 |
1 |
100.00 |
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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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|
- |
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Stem Borer |
Manday |
1 |
50.00 |
1 |
50.00 |
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Fall Army Worm |
Manday |
1 |
50.00 |
1 |
50.00 |
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VI) HARVESTING |
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Harvest |
Manday |
1 |
100.00 |
1 |
100.00 |
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Cart to barn |
Manday |
2 |
20.00 |
8 |
320.00 |
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VII) POST HARVEST |
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|
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Dehusking |
- |
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Shelling |
Manday |
2 |
15.00 |
8 |
240.00 |
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Drying |
Manday |
2 |
15.00 |
8 |
240.00 |
|
Bagging |
Manday |
2 |
10.00 |
4 |
80.00 |
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Load/pack to storage house |
Manday |
2 |
10.00 |
4 |
80.00 |
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INPUTS |
|
|
|
|
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Weedicides -selective |
litres |
1 |
120.00 |
1 |
120.00 |
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Weedicides -non selective |
litres |
1 |
50.00 |
1 |
50.00 |
|
Pesticide |
1 |
55.00 |
1 |
55.00 |
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Fertilizer |
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√ NPK (50Kg) |
kg |
2 |
400.00 |
1 |
800.00 |
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√ SOA (50 Kg) |
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 |
60.00 |
1 |
60.00 |
|
Sacks |
Number |
14 |
6.00 |
1 |
84.00 |
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Rope (Line ) |
Single |
1 |
10.00 |
1 |
10.00 |
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Nose mask |
1 |
10.00 |
1 |
10.00 |
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Gloves |
Pair |
1 |
10.00 |
1 |
10.00 |
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Knap sack** |
Number |
1 |
60.00 |
1 |
60.00 |
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Hoe |
Single |
1 |
10.00 |
1 |
10.00 |
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Wellington boots* |
Pair |
1 |
30.00 |
1 |
30.00 |
|
Seed |
kg |
10 |
8.00 |
1 |
80.00 |
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TOTAL |
|
|
|
|
3,739.00 |
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Contigency/Miscelaeneous (5% of Total cost) |
|
|
|
|
186.95 |
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TOTAL EXPENDITURE |
|
|
|
|
3,925.95 |
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REVENUE |
|
|
|
|
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Number of bags harvested Acre (x) |
16 |
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Average weight of bag (Kg) |
100.00 |
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Price per bag (z) |
350.00 |
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Total Income (x.z) |
5,600.00 |
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Net Profit/Net Loss |
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|
1,674.05 |
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Return On Investment (R.O.I) (%) |
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|
42.64 |
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*Depreciated Amount **Hired Amount |
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