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PROFITABILITY OF FARMING ONE (1) ACRE OF HYBRID MAIZE ANALYSIS BY MINISTRY OF FOOD AND AGRICULTURE AGRIBUSINESS UNIT |
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Agroecological zone: |
Northern Savanna |
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Region : |
Upper West |
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District: |
Sissala East |
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Location: |
Tumu |
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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 |
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C) LAND PREPAPRATION |
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|
- |
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Manual |
Mandays |
2 |
30 |
1 |
60.00 |
|
Chemical |
Mandays |
1 |
30 |
1 |
30.00 |
|
Ploughing (Tractor) |
Acre |
1 |
200 |
1 |
200.00 |
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E) PLANTING |
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|
- |
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Rolling |
Manday |
2 |
30 |
1 |
60.00 |
|
planting |
Manday |
2 |
30 |
1 |
60.00 |
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H) WEED CONTROL |
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|
- |
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• Chemically selective |
Manday |
1 |
30 |
1 |
30.00 |
|
• Manual |
Manday |
2 |
30 |
1 |
60.00 |
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I) OTHER PESTS CONTROL |
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|
- |
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Insecticides spraying (fall army worm/stem borrer ) |
Manday |
1 |
30 |
2 |
60.00 |
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K) FERTILIZER APPLICATION |
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|
- |
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• NPK 1st |
Manday |
2 |
30 |
1 |
60.00 |
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• NPK 2nd |
Manday |
2 |
30 |
1 |
60.00 |
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• Urea |
Manday |
2 |
30 |
1 |
60.00 |
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L) HARVESTING |
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|
- |
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|
harvest |
Manday |
3 |
30 |
1 |
90.00 |
|
Gather at central point |
Manday |
2 |
30 |
- |
|
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Shelling |
machine |
1 |
200 |
1 |
200.00 |
|
treating and bagging |
manday |
2 |
30 |
- |
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Carting to barn |
Bag |
23 |
10 |
- |
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INPUTS |
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|
|
|
- |
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Seed |
kg |
10 |
15 |
1 |
150.00 |
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Tarpaulines* |
Number |
2 |
100 |
1 |
200.00 |
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Cutlass |
single |
1 |
30 |
1 |
30.00 |
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Wellingboots |
pair |
1 |
60 |
1 |
60.00 |
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Weedicides(land clearing) |
liter |
1 |
50 |
1 |
50.00 |
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Weedicides selective |
liter |
1 |
60 |
1 |
60.00 |
|
Insecticide |
ml(200) |
1 |
50 |
1 |
50.00 |
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NPK |
Bag(50Kg) |
3 |
450.00 |
1 |
1,350.00 |
|
UREA |
Bag(50Kg) |
1 |
430.00 |
1 |
430.00 |
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Total production cost |
3,610.00 |
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Contigency (5% of Total production cost) |
180.50 |
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GRAND TOTAL |
3,790.50 |
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REVENUE |
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Number of bags of harvested /acre (x) |
23 |
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Weight / bag (z) |
100.00 |
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Price / bag |
300.00 |
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Total Income (x* z) |
6,900.00 |
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Profit /Loss |
3,109.50 |
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82.03 |
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*Depreciated Amount |
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