Profitability Analysis for Maize (Hybrid)
| MINISTRY OF FOOD AND AGRICULTURE | |||||
| AGRO ECOLOGICAL ZONE | SOUTHERN GHANA (EJURA) | ||||
| NAME OF COMMODITY | MAIZE (HYBRID FOR 1 CROPPING SEASON) MAJOR SEASON | ||||
| DATE OF DATA COLLECTION | OCTOBER, 2020 | ||||
| UNIT/MANDAYS/ CONTRACT | UNIT COST (GH¢) | FREQUENCY | TOTAL (GH¢) | ||
| A) LAND RENT | 1 | 100.00 | 1 | 100.00 | |
| B) LABOUR COST | |||||
| I) LAND PREPARATION | |||||
| • Land Clearing | |||||
| √ Mechanical (Tractor) | 1 | 120.00 | 1 | 120.00 | |
| √ Chemical (Application) | 1 | 35.00 | 1 | 35.00 | |
| • Ploughing | 1 | 120.00 | 1 | 120.00 | |
| • Harrowing | 1 | 60.00 | 1 | 60.00 | |
| II) PLANTING / SOWING | |||||
| • Lining and Pegging/Sowing | 1 | 80.00 | 1 | 80.00 | |
| III) WEED CONTROL | |||||
| • Manual | 1 | 15.00 | 1 | 15.00 | |
| • Chemicals | 1 | 30.00 | 1 | 30.00 | |
| IV) FERTILIZER APPLICATION | |||||
| • NPK | 2 | 25.00 | 1 | 50.00 | |
| • Urea | 1 | 25.00 | 1 | 25.00 | |
| V) PEST AND DISEASE CONTROL | |||||
| • FAW | 1 | 30.00 | 1 | 30.00 | |
| VI) HARVESTING | |||||
| • Harvest | 1 | 70.00 | 1 | 70.00 | |
| • Gather at central point | 1 | 70.00 | 1 | 70.00 | |
| • Cart to barn | 1 | 100.00 | 1 | 100.00 | |
| VII) POST HARVEST | |||||
| • Shelling | 1 | 10.00 | 20 | 200.00 | |
| • Bagging | 1 | 5.00 | 20 | 100.00 | |
| INPUTS | QUANTITY | ||||
| • Weedicides -selective | 1 | 28.00 | 1 | 28.00 | |
| • Weedicides -non selective | 1 | 15.00 | 1 | 15.00 | |
| • Pesticide | 1 | 40.00 | 1 | 40.00 | |
| • Fertilizer | |||||
| √ NPK (50Kg) (Subsidy) | 1 | 84.00 | 1 | 84.00 | |
| √ Urea (Subsidy) | 1 | 80.00 | 1 | 80.00 | |
| • Cutlass | 1 | 25.00 | 1 | 25.00 | |
| • Tarpaulin** | 4 | 20.00 | 1 | 80.00 | |
| • Sacks | 20 | 2.50 | 1 | 50.00 | |
| • Baskets | 4 | 10.00 | 1 | 40.00 | |
| • Rope (Line ) | 2 | 4.00 | 1 | 8.00 | |
| • Nose mask | 1 | 15.00 | 1 | 15.00 | |
| • Gloves | 1 | 20.00 | 1 | 20.00 | |
| • Knap sack** | 1 | 10.00 | 1 | 10.00 | |
| • Hoe | 1 | 20.00 | 1 | 20.00 | |
| • Wellington boots* | 1 | 10.00 | 1 | 10.00 | |
| • Shovel | 1 | 7.00 | 1 | 7.00 | |
| • Seed (Subsidy) | 9 | 5.00 | 1 | 45.00 | |
| TOTAL EXPENDITURE | 1,782.00 | ||||
| REVENUE | |||||
| Number of bags harvested Acre (x) | 1 | 20 | 1 | 20.00 | |
| Average weight of bag | 1 | 130 | 1 | ||
| Price per bag (z) | 1 | 150.00 | 1 | 150.00 | |
| Total Income (x.z) | 3,000.00 | ||||
| Net Profit (Loss) | 1,218.00 | ||||
| Return On Investment (R.O.I) (%) | 68.35 | ||||
| *Depreciated Amount | |||||