Profitability Analysis for Maize (OPV)
| MINISTRY OF FOOD AND AGRICULTURE POLICY PLANNING MONITORING AND EVALUATION DIRECTORATE (PPMED) AGRIBUSINESS UNIT | |||||
| AGRO ECOLOGICAL ZONE | SOUTHERN GHANA (EJURA) | ||||
| NAME OF COMMODITY | MAIZE (OPV FOR 1 CROPPING SEASON) MAJOR SEASON | ||||
| DATE OF COLLECTION OF DATA | 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 | |||||
| √ Manual/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 / Stem Borer | 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 | 12 | 120.00 | |
| • Bagging | 1 | 5.00 | 12 | 60.00 | |
| 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 | |
| • Plastic Sheets/Tarpaulin** | 4 | 20.00 | 1 | 80.00 | |
| • Sacks | 12 | 2.50 | 1 | 30.00 | |
| • 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 | 3.00 | 1 | 27.00 | |
| TOTAL EXPENDITURE | 1,624.00 | ||||
| REVENUE | |||||
| Number of bags harvested Acre (x) | 1 | 12 | 1 | 12.00 | |
| Average weight of bag | 1 | 130 | 1 | ||
| Price per bag (z) | 1 | 150.00 | 1 | 150.00 | |
| Total Income (x.z) | 1,800.00 | ||||
| Net Profit (Loss) | 176.00 | ||||
| Return On Investment (R.O.I) (%) | 10.84 | ||||
| *Depreciated Amount **Hiring cost per season Crop Enterprise Profitability Analysis on Maize (Open Pollinated Variety) for One Acre of Farm Land. Data for maize was collected from selected farmers in the Mampong Municipal and Ejura-Sekyedumase District respectively using set of questionnaire. *Two teams comprising of staff from the Agribusiness Unit and the Statistics Research and Information Directorate were formed to collect the data from the field. | |||||