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Nairaland Forum / Nairaland / General / Agriculture / Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation (19893 Views)
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Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Ade3000yrs(m): 8:29pm On Aug 02, 2016 |
Cost Analysis For a 10 hectares of Cocoa, Watermelon, and Plantain Mixed Cropping Plantation in Nigeria. No doubt the cocoa market is $ 3 trillion dollars worth with Africa producing 70% of the market product but in return get a total of $3 billion dollars annually from this cash crops while the advance countries that buys this farm produce makes a kill of this non oil foreign exchange earner product because we dont have the initiative to be more engaging in the processing of this cash crop. The purpose of this is to make money employing a more innovative means of farming cocoa for a possible returns in a 3 different farming ventures with the ultimate and primary product as the cocoa production. This is more like using a stone to kill 3 birds or alternatively called mixed cropping. While one serves as a canopy to the primary and intended crop, the other serves as fertilizer fixing agent and an humidifier. The combination of this 3 products as follows are cucumber meant to be harvested withing 3 months, plantain meant to be harvested within 8 to 12 months and cocoa meant to fetch you money after a successive 24 months or between 2 to 5years depending on the cultivar or varieties farmed. As we have the Armelonado, Forastero, Criollo, the trinitario, CCN-51. Considering an ideal spacing capacity of between 1,200 suckers to 2,000 Suckers of plantain / hectare. This cost analysis is focused on 10 Hectares. Given: An hectare to be = 2½ Acres, and an Acre to be = 6 plots of standard 60ft X 120ft or 50ft by 100ft; an hectare = 15 plots or 100meters or 328ft on each of the 4 sides. Therefore 15 plots X 10 Hectares = 150 plots. therefore, 10 Hectares = 25 Acres = 150 plots. Here is the total expenditure and cost breakdown. 1. Land: #1.5 million naira at #150,000 Naira per hectare. 2. Land Preparation: #250,000 Naira 3. Hybrid Suckers of IITA standard (20,000) for 10 hectares: #2,000,000 Naira at #100 per sucker. 4. cocoa and watermelon seedlings for 10 hectares at : #300,000 4. Planting: farm labourers on farm #300,000 Naira. 5. Herbicides & Fungicides: ##250,000 Naira. 6. Employment of farm hands: #300,000 Naira, 7. Procurement of fertilizers if 50kg per bag and 150kg is needed per hectare, at #7,000 per bag, #210,000+40,000 as T fair Naira & Farmyard Manure =#250,000 8. Miscellaneous Expenses, T fare, farm tools, shed or cabin & Wheel barrow: #350,000 Naira 9. Pre investment expenses: #200,000 Naira 10. Borehole or Irrigation, scaffolding and reservoir installations with water pump and hoes: #500,000 Naira. 11. Consultational fees: #500,000 negotiable Total expenses if the Land were bought= # 6,700,000 Naira RETURN ON INVESTMENT: WATERMELON: An hectare of watermelon needs just 3kg to 4kg of seedlings to yield a 20 to 30 tonnes of watermelon after 80 days to 100days, which d proceeds of 30 tones per hectare could possibly yield you 12,000 watermelon with each sold at 300 naira as some could weigh from between 5kg to 15kg respectively. that means an hectare of watermelon could yield you #3.6 million naira in d space of 3 months. therefore on 10 hectares your bound to get #36,000,000 or less at the end of 3 months. PLANTAIN: with a spacing of 5ft by 5ft or 1.5m by 2m, Considering that plantain fruits at the end of 8 to 12 months months, after which the tree is cut down to allow the cocoa tree to flourish for the rest of its 3 to 5years growth. if a stick is sold at #800 Naira, then 20,000 x 800= #16,000,000 = #16,000,000 Naira. Therefore, Return on investment on plantain alone is = #16,000,000 - #6,400,000 = #9,600,000 on Plantain alone and if sold at #1,000 naira a stick, the return on investment would be #20,000,000 - #6,400,000 #13,600,000 naira. COCOA: A bag of cocoa in the international market right now is pegged at around $200 and that's currently at #62,000 naira a bag. using the jute bag, it is 65kg a bag and you need 16 bags of cocoa to make a tonne. Long trailers carry 30 tonnes and an hectare of cocoa will yield you btwn 1.5 tonnes or 2 tonnes. your cocoa can continue bro fruit for 3 decades that's why its considered a real green gold and foreign exchange. Note!!! that your cocoa seed is sourced from a reliable dealer with quality disease resistant seeds and its well treated and quoted with fungicides before ever planted. An Hectare will take between 1,200 to 2,000 seedlings and must be 5ft by 5ft or 2m by 3m planting spacing. There are a lot of inventive integrated means of planting cocoa which is already been harnessed in Ghana, Ivory coast, Ethiopia, Democratic Republic of Congo, Philippines and Ecuador, Mexico, Peru, Costa Rica, USA California, which a lot of Nigerians are yet to be updated with but I very much believe we have other similar experts in cocoa and I implore you to find their experts advice useful. Almost all south east, south west, south south and a few places in the north such as Adamawa and Taraba are durable for cocoa farming. Ondo state is ranked top in cocoa production in Nigeria, followed by Osun, Cross River, Oyo, Edo, Ekiti, Akwaibom, Ogun, Delta, Abia, Ebonyi, Rivers, Taraba and Adamawa. Be sure to consult the opinion of 3 to 4 experts before you embark on this innovative kind of venture. Written By Kelvin Adewale O. Call or contact Zion Joe Ventures LTD, Suite 9 Olutoye shopping complex, opposite, Royal Spring Hotel (TJ), 08141208884 www.winterbaker.com Please only serious business minded persons should call my line and not time wasters nor people who love to engage in excessive talk. Please 3 Likes 1 Share
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Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by TheUnbeatable(m): 11:09pm On Aug 02, 2016 |
@Op: Please, don't put yourself in trouble with this calculation. If an investor puts money in this, you will be discredited and run into debt. Please, check your post again. God bless your work, Sincerely, 5 Likes 1 Share |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Idowu2828: 11:18pm On Aug 02, 2016 |
I pity people that fall victims, why would u be talking about plantain farming without Irrigation? Beware!!! These people are just looking for means to sell suckers nothing more. 1 Like |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by world1(m): 2:22am On Aug 03, 2016 |
Ade3000yrs: My question No 1:- What is ideal spacing? 3 Likes 1 Share |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by world1(m): 2:24am On Aug 03, 2016 |
Ade3000yrs: Good morning Dear Nairalanders, Its so unfortunate that we still have information marketers trying to post on agriculture section of this forum. Please if you are intrested in commercial plantain cultivation with best agronomy procedure you will spend between N300,000- N450,000 excluding land depending on your location. 2 Likes 2 Shares
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Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by world1(m): 2:40am On Aug 03, 2016 |
Ade3000yrs:Oga Ade please explain the following: 1. How do you intend to use N250,000 to do land preparation for 25 acres? 2. How will you do land preparation without land clearing? 3. You never made mention of soil test in order to determined the suitability of the proposed farmland or do you think plantain can just be planted anywhere? I bet you know nothing about this crop called plantain or you are a backyard farmer. 2 Likes |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by world1(m): 2:43am On Aug 03, 2016 |
Idowu2828:@idowu. This guy got no suckers to sell, his just looking for what to eat. He knows nothing can you imagine him saying total setup for 25 acres of plantain including land, borehole and irrigation is N4,044,000 meaning you need just N161,760 per acre. Na beans, you need more than that to do cucumber per acre. 1 Like |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by invinzible1: 6:29am On Aug 03, 2016 |
This guy is a scam, his full name is adewale kelvin he has been posting fake and untruthful information check all his post you would see what I'm talking about. Adewale kelvin is fake and a scammer. Mod should please do the needful 1 Like |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Georgville(m): 7:33am On Aug 03, 2016 |
world1: The guy knows nothing, all he does is copy and paste. Check all his posts, same pattern. He's very good at quoting figures.. from snail to plantain, poultry, Ugu, land etc. The guy is a scam. |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Idowu2828: 3:53pm On Aug 03, 2016 |
Boss no be lie, b4 u think of going to farming, talk about Irrigation 1st or else u are joker of time wasting and Capital. world1: 1 Like |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by phyllosilicate(m): 1:26am On Aug 04, 2016 |
Idowu2828:Plantain can be planted in southern Nigeria without irrigation provided it gets at least 3 to 4 months of rainfall before the dry season. The op seems to know little or nothing about Plantain farming. The first thing that came to my mind was the question word1 asked - what spacing? Planting 10,040 suckers in 10ha is planting with a spacing of 5m by 2m. The op is seriously not serious. 4 Likes 1 Share |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by michodemic(m): 1:12pm On Aug 04, 2016 |
world1: Please the guy made one interesting point I don't know before now. Can one plantain plant produce more than ones? Is that true? Thanks. |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Ade3000yrs(m): 3:18am On Aug 10, 2016 |
TheUnbeatable:I got your point my brother, but employing a more inventive approach, its very possible |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Ade3000yrs(m): 3:28am On Aug 10, 2016 |
michodemic:Do very well to read my subsequent post. don't follow d path of Idowu2828 and world1, except u enjoy d company of d blind leading d blind. I want to blv idowu2828 is from Lilongwe in Malawi while world1 is from Harare in Zimbabwe. Check out world1 one on his thread posing wt pawpaw tree and pawpaw fruit for us to see is fat tummy. brother, thats d excess of your money he calls evidence of good living when he cant afford to run 100m dash like Usain Bolt. Bro u hv a choice to follow who u want. My vision is not d same wt dis elements 2 Likes |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Ade3000yrs(m): 4:16am On Aug 10, 2016 |
Idowu2828: |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Ade3000yrs(m): 4:29am On Aug 10, 2016 |
Idowu2828:U don't deserve my reply nor my audience, how many impact hv u made on Nairaland alone not to talk of ur, closet or other online media, look at all your online post and compare to mine, u got no pedigree to earn my attention at all 1 Like |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Ade3000yrs(m): 4:33am On Aug 10, 2016 |
Idowu2828:U don't deserve my reply nor my audience, how many impact hv u made on Nairaland alone not to talk of ur, closet or other online media, look at all your online post and compare to mine, u got no pedigree to earn my attention at all. When was the last time u ever did anything for anybody for free all what people like u and world1 do is only to com online to sell crap to pple. I leave ur case for Nairalanders to judge ur kind of element. pple like u never see anytn good in pple let alone in urslf. D voice of d people is d voice of God! Homo homini Lupus!!! |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Ade3000yrs(m): 4:38am On Aug 10, 2016 |
phyllosilicate:My question for u is this, who is your mentor because making ur self a band wagon of hoplessness will never get u far enough. My audience for u is zero, if u want answer to ur questions, go back to whoever must hv tot u about plantain farming maybe something is missing. 1 Like |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Ade3000yrs(m): 4:49am On Aug 10, 2016 |
world1: Idowu2828:I neva had intention to reply u because u dont deserve my audience, but hv bn getting too much pressure to reply ur post lately, u hv just shot urslf in d leg and hv spilled urslf for ur follows to see the stuff u are made of as just empty loaf. blv me, you are only online to suck Nairalanders dry. My presence and activity online get u agitated and infuriated because am spoiling ur business. This is an evidence that u just stumble on Agriculture by accident and as an escape plan from poverty. If its a lie, pls do mk it clear on d this thread. My advice for u is this, go back to elementary school. U are highly unfit for my audience and this is evidence enough that u know nothing about agriculture. If u are confused where u got it wrong, go back and read my post again. Compare all my post with all the junks u post on Nairaland long before i came on this platform and tell for urslf between you and I who has been milking people out of their hard earned penny. Check out most of my write up are product of painstaking research which I do for free to better people's life at zero(0) cost, unlike u that wants to monetize everything and sell of Nigeria if you have the grace. I do most of my online post when millions of Nairalanders and gays like u are asleep. Believe me u are 100% blatant fake. "U b wash," Ur vision is quite diferent from mine. U are still 3,000yrs behind me, and if u continue like this my history will always be your dream while I am always 3,000yrs ahead of u. We want to build Nigeria to a greater Nation with a collective effort of proud citizens and as a proud jewel on the face of Africa unlike what ur doing. When was the last time, you ever did anything for free for people or render free consultation without asking for a kobo D only tin u come online to do is to tell pple to buy, buy, buy and pay for seminar here and there and yet u offer crap. I blv ur just infurriated that am doing better than u out of inferiority complex. People call me from diferent part of the world and different part of Nigeria for consultation and venture that will yield results while people like u wallow here in your mediocrity and obscure psyche. Blv me u hv bn practicing agriculture the blind way for a very long time. I only pity those ur long chain of tailing followers on Nairaland. I want to believe u are from Lilongwe somewhere in Malawi. If u want to grow and do better, learn from people who are doing better because u are just an empty air of noise with pilfering decibels. Do u think all my good work and commendations is just a juju conjuring or abracadabra by chance or out of the blues? You are missing something big!!! You need a good mentor. Good effort equate good reward; I do good job for people and they pay me for it and whatever I earn I show contentment in my reward for good labour. Why and how many activity conflict with yours, I realy dont understand, infact for this reason I will sell hybrid suckers for #80 for u to be worse pained. When d cats away, d cat will play, if u want to learn travel out of the country for once wt ur eyes open when u do and u will acknowledge that u know Zero!!!!!! if u want to express your grievance u can visit my office if u want to see me in person. In one hand I carry an Olive tree and in the other a big stick. pick ur opponent carefully except u hv money to waste in the court of law. No matter who u know and d connection u hv in this our Obodo Nigeria, b it a Royal Father, General, Chief Justice, AIG, I will make the process exhaustive and sweaty for u until ur dry and until u find bone in ur egg. I leave ur matta for Mattias and for Nairalanders to Judge ur ineptitude. The voice of d people is d voice of God. Guy upgrade and stop living in your 3rd world state of mind that u call world1 1 Like |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Ade3000yrs(m): 5:30am On Aug 10, 2016 |
invinzible1:I have nothing to say to you. I leave u to Nairalanders to do the needful with inciting and cantankerous elements like u. Look at all your Nairaland post and compare to mine. Guy u bluff and fumble too much. U hv to realy man up, because what I do is what real man do. |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by invinzible1: 4:38pm On Aug 12, 2016 |
Ade3000yrs:No single person has said any good thing about you since started using nairaland, all the whatsapp group you belong to you have been sent packing because of your dubious way of life which you even accented to. Now you are here claiming to be righteous. Adewale kelvin you just a wolf in sheep clothing seeking for the weak to devour. All your schemes and plans will never work. Unless undergraduate claiming Mr know it all |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by world1(m): 2:58pm On Aug 15, 2016 |
Ade3000yrs: If you wrote this long epistle without you stating a single pointer to how you intend to harvest bunches of plantain from 1 single stem as you claimed in your writeup then you are the agricultural messiah we've been waiting for. My brother, I wish you well in all your endeavours. 2 Likes |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by world1(m): 3:04pm On Aug 15, 2016 |
michodemic:The guy is the new miracle worker. Claiming that 1 plantain producing more than 1 harvest is like saying a pregnant woman will keep giving birth to babies from 1 pregnancy. 2 Likes |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by globatop: 3:58am On Aug 16, 2016 |
@op: what's the specie of ur plantain that fruits in 3 to 4months, do u have the suckers and proof, am interested. |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Myself2(m): 10:21am On Aug 16, 2016 |
world1: Very timely.Great job 1 Like |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by world1(m): 10:28am On Aug 17, 2016 |
globatop:Everything about his claim is just not adding up, unfortunately his still claiming his right. 4 month sucker fruiting? How 1 Like |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by lindagreisson(f): 9:30pm On Sep 02, 2016 |
Please do you or any other person have idea on how I can get hectares or acres of land in Anambra state. I want to go into medium scale farming and if possible, I need up to 3 to 4 hectares of land. Your response would be highly appreciated. |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by mikolo80: 4:58am On Sep 03, 2016 |
world1:what's the difference with what he wrote |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by mikolo80: 5:38am On Sep 03, 2016 |
Ade3000yrs:I heard its supposed to be 2500 suckers on a hectare. Please clarify |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by ikpons477(m): 4:35pm On Sep 03, 2016 |
Gud day naira landers.am a bigginer in farming and I intend to add plantain plantation to the farm planned I have purpose,...Please, I wish to know the cost of starting with two acter, how profitable is it,what are the challenges that will like comes to the way of a bigginer, and how many time a year plantain can be harvested.....PLEASE I NEED YOUR COUNCEL MY DEAREST EXPERIENCE FARMER.THANKS |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by mtngloetiartel: 5:39pm On Sep 03, 2016 |
world1:a da fun o! |
Re: Cost Analysis For a 10 Hectares of Cocoa, Watermelon and Plantain Plantation by Mattin(m): 9:35pm On Oct 09, 2016 |
Ade3000yrs: Mr Ade3000yrs, kindly ignore any element that is trying to talk you down on this forum. All 'they' do is post irrelevant and braggadocios content that has never solved the immediate need of upcoming farmers. I just stumbled on your posts and all I can say is that I got exactly what I've been searching all this while. Your calculations may not be 100 percent accurate and some vital information may be left out though BUT the fact remains that your cost analyses on agribusiness are an eye opener for me and the rest who care to keep their peace on the forum. Keep the good work brother and ignore 'bad belle' We are behind you sir 5 Likes |
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