Cost benefit analysis for maize / corn farming
S/No | Item Descriptions | Quantity | Unity Cost/Ugx | Total |
Variable Costs | ||||
1 | Land Hire/Acre/Season | 1 | 200,000 | 200,000 |
2 | Land clearing | 1 | 150,000 | 150,000 |
3 | Ploughing /Acre/Tractor | 1 | 200,000 | 200,000 |
4 | Maize seeds/Kg | 10 | 12,000 | 120,000 |
Other inputs | ||||
5 | Basal Fertilizer/50kg bags | 4 | 175,000 | 700,000 |
6 | Selective Herbicides/Liters | 2 | 30,000 | 60,000 |
7 | Foliar Fertilizer – Combination | 1 | 50,000 | 50,000 |
10 | Insecticide/litters | 1 | 40,000 | 40,000 |
14 | Labor/One person; Digging holes/planting/Spraying/Harvesting/ Per month | 4 | 150,000 | 600,000 |
16 | Supervision and Administration | 1 | 200,000 | 200,000 |
18 | Miscellaneous | 1 | 100,000 | 100,000 |
Total Establishment Cost | 2,170,000 | |||
Returns | ||||
Bags/100Kg each | 38 | 100,000 | 3,800,000 | |
Net Profit before Taxes | 1,730,000 |
NOTE 1
The land should be prepared early, before the onset of rains, for weeds to decompose before planting. The following procedure for planting can be followed:
To achieve maximum yield, fertilizer should be applied on time..
When planting manually, thoroughly mix soil with a teaspoonful of fertilizer into each planting hole to ensure that it doesn’t burn the seeds. Place the seeds on top of the soil and feel for softness.
Grain pulse Maize blend or DAP is recommended for planting because it contains phosphorous, which helps in root development.
Maize can be top dressed with Grain pulse top dress blend of fertilizer or Calicigrow mixed with Urea weeks after planting or when it is 45 cm (1 ft) high. One teaspoon of fertilizer should be applied to the base of each plant, 6inchs away from the plant in a ring or along the row.
Top dress in two stages in areas with heavy rainfall: the first six weeks after sowing and the second 10-15 days later, or just before tussling.
In areas experiencing low rainfall, topdressing is done only once at a rate of 50–100 kg per acre.
Using Calcigrow and urea for topdressing is good because it fixes nitrogen in the soil. Nitrogen increases the green color of the leaves to make food for the plant.
Remove weeds mechanically, manually, or by using herbicides to prevent them from competing with the crops for nutrients, water, and light.
First weeding, if done manually, should be done three weeks after planting, depending on the intensity of weeds in the field.
Herbicides can be applied in two phases: pre-emergence, which is used before the maize germinates and weeds appear, and post-emergence, which is applied after the maize and weeds germinate
Weeds can cause over 70% loss in yield thus should be cleared timely and properly. When using selective herbicides, they must be applied before the maize is more than 4 to 6 leaves
Maize diseases include, smuts, maize streak, spots and these can be avoided by using resistant hybrid varieties.
Fall Army worm
The pest is polyphagous and destructive. In Uganda, FAW has become the major maize pest, causing heavy damage especially on shoots and growing points.
It can be managed if you apply the correct and efficacious insecticides
NOTE2
We are a youth founded enterprise that is located in Kampala Uganda and spreading out, we exist to supply genuine farm inputs, and do extension services.