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