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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: |
Northern Savanna |
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Region : |
Northern |
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District: |
Sissala East |
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Location: |
Yendi |
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Crop : |
Maize ( OPV) |
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Date of data collection: |
20/06/2022 |
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LABOUR COST |
Unit of measure |
Quantity |
UNIT COST (GH¢) |
FREQUENCY |
TOTAL (GH¢) |
|
A) LAND RENT |
Acre |
1 |
200 |
1 |
200.00 |
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B) LAND PREPARATION |
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|
- |
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• Land Clearing |
- |
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√ Manual |
Manday |
3 |
30 |
1 |
90.00 |
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√ Chemical (Application) |
Manday |
1 |
30 |
1 |
30.00 |
|
• Ploughing (Tractor) |
Acre |
1 |
150 |
1 |
150.00 |
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C) PLANTING / SOWING |
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|
- |
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• Sowing (Seeding) |
Manday |
4 |
30 |
1 |
120.00 |
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D) WEED CONTROL |
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|
- |
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• Chemicals √ Post emergence |
Manday |
1 |
30 |
1 |
30.00 |
|
• Manual |
Manday |
4 |
30 |
1 |
120.00 |
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E) FERTILIZER APPLICATION |
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|
- |
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• NPK |
Manday |
3 |
30 |
1 |
90.00 |
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• Urea |
Manday |
3 |
30 |
1 |
90.00 |
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F) OTHER PEST AND DISEASE CONTROL |
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|
- |
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• FAW / Stem Borer |
Manday |
1 |
30 |
2 |
60.00 |
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G) HARVESTING |
- |
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• Harvest |
Manday |
4 |
30 |
1 |
120.00 |
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• Gather at central point |
Manday |
2 |
30 |
1 |
60.00 |
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H) POST HARVEST |
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|
- |
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• Shelling |
Machine contract |
1 |
200 |
1 |
200.00 |
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• Treatment and baggimg |
Manday |
2 |
30 |
1 |
60.00 |
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• Carting to barn |
bag |
12 |
10 |
1 |
120.00 |
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INPUTS |
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|
|
|
- |
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Seed |
Kg |
10 |
8 |
1 |
80.00 |
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• Weedicides non selective |
liter |
1 |
50 |
1 |
50.00 |
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• Weedicides selective |
liter |
1 |
50 |
1 |
50.00 |
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•Insecticide-grain treatment |
liter |
0.5 |
60 |
1 |
30.00 |
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•Insecticide-plant spraying |
liter |
1 |
50 |
1 |
50.00 |
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Fertilizer |
|
|
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√ NPK (50Kg) |
bag |
2 |
400 |
1 |
800.00 |
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√ Urea(50Kg) |
bag |
1 |
500 |
1 |
500.00 |
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• Cutlass |
single |
1 |
30 |
1 |
30.00 |
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• Tarpaulines* |
number |
1 |
100 |
1 |
25.00 |
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• Sacks |
single |
12 |
3 |
1 |
36.00 |
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• Rope (Line ) |
single |
2 |
4 |
1 |
8.00 |
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• Hoe |
single |
1 |
10 |
1 |
10.00 |
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Total cost ot production |
|
3,209.00 |
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• Contigency (5% of Total cost) |
160.45 |
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Grand Total |
3,369.45 |
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REVENUE |
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Number of bags harvested per acre (x) |
12 |
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Weight per bag (kg) |
100.00 |
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Price per bag (z) |
320.00 |
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Total Income = (x*z) |
3,840.00 |
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Profit /Loss |
470.55 |
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ROI(%) |
13.97 |
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*Depreciated Amount |
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