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PROFITABILITY OF FARMING ONE(1) ACRE 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 |
Central |
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District |
Assin Central Municipal District |
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Location |
Assin Akropong |
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Crop |
Maize (OPV) |
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Date of data collection |
24th June, 2022 |
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ACTIVITY |
UNIT OF MEASURE |
QUANTITY |
UNIT COST (GH¢) |
FREQUENCY |
TOTAL (GH¢) |
|
A) LAND RENT |
Acre |
1 |
200.00 |
1 |
200.00 |
|
B) LABOUR COST |
|
|
|
|
- |
|
I) LAND PREPARATION |
|
|
|
|
- |
|
Land Clearing |
Manday |
4 |
50.00 |
1 |
200.00 |
|
Manual (Collecting wood) |
Manday |
1 |
50.00 |
1 |
50.00 |
|
Mechanical (Tractor) |
- |
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|
Chemical (Application) |
Manday |
2 |
50.00 |
1 |
100.00 |
|
Ploughing |
- |
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|
Harrowing |
- |
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II) PLANTING / SOWING |
|
|
- |
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|
Lining and Pegging/Sowing |
Manday |
4 |
50.00 |
1 |
200.00 |
|
III) WEED CONTROL |
|
|
- |
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|
1st Chemical control |
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|
2nd Chemical control |
- |
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1st Weeding |
- |
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2nd Weeding |
Manday |
2 |
50.00 |
2 |
200.00 |
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IV) FERTILIZER APPLICATION |
|
|
|
|
- |
|
NPK |
Manday |
1 |
50.00 |
1 |
50.00 |
|
Urea/SOA |
Manday |
1 |
50.00 |
1 |
50.00 |
|
TSP |
- |
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V) PEST AND DISEASE CONTROL |
|
|
- |
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Stem Borer |
|
|
- |
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Fall Army Worm |
Manday |
1 |
50.00 |
1 |
50.00 |
|
VI) HARVESTING |
- |
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Harvest |
Manday |
2 |
50.00 |
1 |
100.00 |
|
Gather at central point |
Manday |
2 |
30.00 |
1 |
60.00 |
|
Cart to barn |
Manday |
2 |
50.00 |
1 |
100.00 |
|
VII) POST HARVEST |
|
|
- |
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Dehusking |
Manday |
5 |
20.00 |
1 |
100.00 |
|
Shelling |
Manday |
5 |
20.00 |
2 |
200.00 |
|
Drying |
Manday |
4 |
20.00 |
3 |
240.00 |
|
Winnowing |
Manday |
2 |
30.00 |
1 |
60.00 |
|
Bagging |
Manday |
2 |
50.00 |
1 |
100.00 |
|
Load/pack to storage house |
- |
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INPUTS |
|
|
|
|
- |
|
Weedicides -selective |
litres |
2 |
50.00 |
1 |
100.00 |
|
Weedicides -non selective |
litres |
2 |
48.00 |
1 |
96.00 |
|
Pesticide |
litres |
1 |
40.00 |
1 |
40.00 |
|
Fertilizer |
- |
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√ NPK (50Kg) |
Bag |
2 |
320.00 |
1 |
640.00 |
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√ Urea (50Kg) |
Bag |
1 |
300.00 |
1 |
300.00 |
|
√ SOA (50 Kg) |
- |
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|
Cutlass |
Single |
1 |
30.00 |
1 |
30.00 |
|
Tarpaulin** |
Number |
1 |
250.00 |
1 |
250.00 |
|
Sacks |
Number |
50 |
4.00 |
1 |
200.00 |
|
Baskets |
Bunber |
5 |
5.00 |
1 |
25.00 |
|
Rope (Line ) |
Single |
2 |
5.00 |
1 |
10.00 |
|
Nose mask |
1 |
5.00 |
1 |
5.00 |
|
|
Gloves |
Pair |
- |
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|
Knap sack** |
Single |
1 |
100.00 |
1 |
100.00 |
|
Hoe |
Single |
1 |
35.00 |
1 |
35.00 |
|
Wellington boots* |
Pair |
1 |
80.00 |
1 |
80.00 |
|
Shovel |
Number |
1 |
30.00 |
1 |
30.00 |
|
Seed |
kg |
9 |
7.00 |
1 |
63.00 |
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EXPENDITURE |
|
|
|
|
4,064.00 |
|
Contigency/Miscelaeneous (5% of Total cost) |
|
|
|
|
203.20 |
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TOTAL EXPENDITURE |
|
|
|
|
4,267.20 |
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Number of bags harvested Acre (x) |
10 |
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Average weight of bag |
Kg |
100.00 |
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Price per bag (z) |
600.00 |
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Total Income (x.z) |
6,000.00 |
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Net Profit/Net Loss |
|
|
|
|
1,732.80 |
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Return On Investment (R.O.I) (%) |
|
|
|
|
40.61 |
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*Depreciated Amount **Hired Amount |
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