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MAIZE PRODUCTION BUDGET Project management McAGRIC CORPORATE GLOBAL LTD Close 7 Block 7 flat 2, Elekahia Housing estate, Port Harcourt, Rivers state. www.facebook.com/coinvestment Follow this link to join my WhatsApp group: https:///LFGKZ8TpafN9QMJXe0YItF Project manager: Mbanefo Chinonyelum Chinaza Agronomist, Entrepreneur and Agribusiness development and management consultant. Project Info: Full time Project management Location: Umuogba, Etche, Rivers state Area of land: 20 hectares Expected output: 80tons Cropping season: 2 Water source: Rainfall Price per ton of maize: N140,000 Planting date: 1 season = March (after 7days of rain fall) 2 season = September Labour mobilization date: 3rd week of Feb. Land clearing = February. Investors offer = 25% interest of profit. Revenue Sale of dried cost: 20ha = 80tons x 140,000/ton = N11,200,000 Sales of fresh maize: 31250 stands/ha x 20ha =625000 stands (5stands / N100) = N12,500,000 Marketing cost Loading & offloading of bags = N50,000 Cost of 4 tons truck (N15,000/trip x 20tons) = N300,000 Logistic to source market = N20,000 Packaging in sack bags (800bags) = N160,000 Productions cost Aflasafe hybrid seed (500kg) = N200,000 Soil test N25,000 NPK (140bags) = N1,060,000 Urea (40bags)= N208,000 Herbicide atrazin (80unit) = N176,000 Guard force (40 unit) = N100,000 Pesticide (80units) = N160,000 Tractor Clearing and plouging (N35,000/ha x 20ha) = N700,000 Planting (120prs/day) = N180,000 Weeding (herbicide application-80 persons/day)= N96,000 Fertilizer application (x2-120persons/day) = N180,000 Harvesting & bagging (120 persons/day) = N180,000 Head security (N50,000/month x 4months) = N200,000 2 Junior security ( 25,000/month x 4months) = N200,000 Insurance (2.5% of cost of seedling) = N104,850 10% contingency = N458,125 Total: N4,729,835 Equipment: irrigation system cost and addendum = N2,715,000 Grand total= N7,444,835 Profit: Revenue N12,500,000 Cost N7,444,835 Net profit N5,055,165 |
mbanefo chinonyelum 07065314400 mbanefochinonyelum@gmail.com |