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PROFITABILTY OF FARMING ONE ACRE(1) 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 |
Ahafo |
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District |
Asunafo North |
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Location |
Goaso |
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Crop |
Maize(OPV) |
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Date of data collection |
01/06/2022 |
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ACTIVITY |
UNIT OF MEASURE |
QUANTITY |
UNIT COST (GH¢) |
FREQUENCY |
TOTAL (GH¢) |
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A) LAND RENT |
Acre |
1 |
100.00 |
1 |
100.00 |
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B) LABOUR COST |
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I) LAND PREPARATION |
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Land Clearing |
- |
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Manual |
contract |
1 |
225.00 |
1 |
225.00 |
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Mechanical (Tractor) |
- |
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Chemical (Application) |
Mandays |
1 |
50.00 |
1 |
50.00 |
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Ploughing |
- |
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Harrowing |
- |
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II) PLANTING / SOWING |
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|
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Lining and Pegging/Sowing |
Mandays |
2 |
50.00 |
2 |
200.00 |
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III) WEED CONTROL |
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|
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1st Chemical control |
- |
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2nd Chemical control |
- |
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1st Weeding |
Mandays |
2 |
50.00 |
2 |
200.00 |
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2nd Weeding |
- |
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IV) FERTILIZER APPLICATION |
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NPK |
Mandays |
1 |
50.00 |
1 |
50.00 |
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Urea/SOA |
Mandays |
1 |
50.00 |
1 |
50.00 |
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V) PEST AND DISEASE CONTROL |
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|
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Fall Army Worm |
Mandays |
1 |
50.00 |
1 |
50.00 |
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VI) HARVESTING |
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Harvest |
Mandays |
2 |
50.00 |
1 |
100.00 |
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Gather at central point |
Mandays |
2 |
50.00 |
1 |
100.00 |
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Cart to barn |
Mandays |
1 |
50.00 |
1 |
50.00 |
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VII) POST HARVEST |
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Dehusking/Shelling |
Mandays |
3 |
50.00 |
1 |
150.00 |
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Shelling |
- |
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Drying |
- |
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Winnowing |
- |
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Bagging |
Mandays |
10 |
10.00 |
1 |
100.00 |
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Load/pack to storage house |
Mandays |
10 |
5.00 |
1 |
50.00 |
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INPUTS |
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|
|
|
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Weedicides -selective |
- |
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Weedicides -non selective |
litres |
1 |
60.00 |
1 |
60.00 |
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Pesticide |
litres |
1 |
30.00 |
1 |
30.00 |
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Fertilizer |
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√ NPK (50Kg) |
50Kg |
1 |
400.00 |
1 |
400.00 |
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√ Urea (50Kg) |
50Kg |
1 |
495.00 |
1 |
495.00 |
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√ SOA (50 Kg) |
- |
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Cutlass |
Single |
1 |
35.00 |
1 |
35.00 |
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Tarpaulin** |
Yard |
5 |
20.00 |
1 |
100.00 |
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Sacks |
Number |
10 |
4.00 |
1 |
40.00 |
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Baskets |
Number |
2 |
30.00 |
1 |
60.00 |
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Rope (Line ) |
Single |
4 |
15.00 |
1 |
60.00 |
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Nose mask |
1 |
35.00 |
1 |
35.00 |
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Gloves |
Pair |
1 |
15.00 |
1 |
15.00 |
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Knap sack** |
Single |
1 |
150.00 |
1 |
150.00 |
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Hoe |
Single |
1 |
40.00 |
1 |
40.00 |
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Wellington boots* |
Pair |
1 |
65.00 |
1 |
65.00 |
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Seed |
Kg |
9 |
8.00 |
1 |
72.00 |
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TOTAL EXPENDITURE |
|
|
|
|
3,132.00 |
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Contigency/Miscelaeneous (5% of Total cost) |
|
|
|
|
156.60 |
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|
|
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|
3,288.60 |
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REVENUE |
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Number of bags harvested Acre (x) |
12 |
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Average weight of bag |
Kg |
100.00 |
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Price per bag (z) |
333.00 |
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Total Income (x.z) |
3,996.00 |
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Net Profit/Net Loss |
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|
707.40 |
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Return On Investment (R.O.I) (%) |
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21.51 |
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*Depreciated Amount **Hired Amount |
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