If you want to go into plantain farming, this is rhe right time to do so. By clearing land before the rain starts fully
COST ANALYSIS AND RETURNS OF PLANTAIN PLANTATION ON ONE ACRE OF LAND

Analysing costs of production, two costs are to be put into consideration. Fixed and Variable Costs.

Fixed costs: Land purchase(1acre): #250,000; Hoes, cutlasses, wheelbarrow, knapsack sprayer: #40,000; Plantain suckers: #105,000. Total Fixed Cost(TFC): #395,000.

Variable cost:
Land preparation: #15,000
Labour: #35,000
Manure + transportation: #50,000
Fertilizers: #96,000
Chemicals: #10,000

Total Variable Costs(TVC): #206,000

Total Cost (TC):#395,000+ #206,000
TC: #601,000

Returns: Average price of a dozen of bunches of big plantain: #8,500 * 58dozens =#493,000.
Note1: the prices stated in the write up varies base on location and time

Note2: plantain suckers were placed under FC, because you don't buy another suckers for other production, as plantain regenerate itself.

Note3: also know that you should not expect profit in your 1st production, but if it comes, well thank your star.

For a more detailed business plan for plantain plantation, supply of suckers, farm development and management call 08108776718/ whatsapp: 08059371220

nice one op. though I think the value for land preparation is rather too small, the land should need some certain level of fencing for security reason and land development dues are paid for new lands. This should be included to avoid surprise cost

Educating

Ermacc:
nice one op. though I think the value for land preparation is rather too small, the land should need some certain level of fencing for security reason and land development dues are paid for new lands. This should be included to avoid surprise cost

Thanks for your observation. But I stated it in the write up that those prices given vary based on location and time. So for a detailed biz plan the location and other things would be put into consideration.

Nice analysis, but how many suckers do you intend to acquire with #105,000, pls explain.

700 suckers

jayyjayy1:
Nice analysis, but how many suckers do you intend to acquire with #105,000, pls explain.

farmerwealth:
700 suckers

150 per sucker

How many months or year will it take b4 harvest from the time it is planted

I've already gotten land in Ibadan, pls can u help me do the costing

yes plus delivery

Mustack:
150 per sucker

whatsapp me through 08059371220. And i was in Ibadan yesterday 29/01/17 to setup vegetable garden

okem09:
I've already gotten land in Ibadan, pls can u help me do the costing

8months

freshpzy1:
How many months or year will it take b4 harvest from the time it is planted

Tnks for the response, after you harvest, what are the expenses for the next planting.
I heard plantains don't require any more expenses apart from the first year.....how through is that

freshpzy1:
Tnks for the response, after you harvest, what are the expenses for the next planting.
I heard plantains don't require any more expenses apart from the first year.....how through is that

all you need next is to remove the harvested stand, thin (reduce) the number of new stand, weeding when it's due, and fertilization. I'll appreciate whatsapp chat, cos I may not hav the chance here. Thanks

https://www.nairaland.com/5832460/3-tips-manage-risks-plantain

I think you suys should also read this on managing risks in plantain farming

get our Plantain Farming And Processing Business Plan With 3 Years Financial Analysis
https://businessplanhub.com.ng/plantain-farming-and-processing-business-plan-with-3-years-financial-analysis/

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