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Nairaland Forum / Nairaland / General / Agriculture / Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land (12963 Views)
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Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by farmerwealth(m): 7:39am On Jan 26, 2017 |
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 1 Share
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Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by Ermacc: 7:56am On Jan 26, 2017 |
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 1 Like |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by godaniel(m): 8:15am On Jan 26, 2017 |
Educating |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by farmerwealth(m): 8:18am On Jan 26, 2017 |
Ermacc: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. |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by jayyjayy1(m): 3:05am On Jan 29, 2017 |
Nice analysis, but how many suckers do you intend to acquire with #105,000, pls explain. |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by farmerwealth(m): 2:31am On Jan 30, 2017 |
700 suckers jayyjayy1: 1 Like |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by Mustack: 1:57pm On Jan 30, 2017 |
farmerwealth:150 per sucker |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by freshpzy1(m): 4:37pm On Jan 30, 2017 |
How many months or year will it take b4 harvest from the time it is planted |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by okem09: 5:16pm On Jan 30, 2017 |
I've already gotten land in Ibadan, pls can u help me do the costing |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by farmerwealth(m): 5:42pm On Jan 30, 2017 |
yes plus delivery Mustack: |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by farmerwealth(m): 5:45pm On Jan 30, 2017 |
whatsapp me through 08059371220. And i was in Ibadan yesterday 29/01/17 to setup vegetable garden okem09: 1 Like |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by farmerwealth(m): 5:47pm On Jan 30, 2017 |
8months freshpzy1: |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by freshpzy1(m): 11:26am On Feb 04, 2017 |
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 |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by farmerwealth(m): 5:37pm On Feb 05, 2017 |
freshpzy1: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 1 Like |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by ekstopher: 1:53am On May 09, 2020 |
https://www.nairaland.com/5832460/3-tips-manage-risks-plantain I think you suys should also read this on managing risks in plantain farming 1 Like |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by konews: 8:34am On Jan 02, 2021 |
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/ |
Re: Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by Jovar(m): 12:31pm On Jan 02, 2021 |
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