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STAGE 1:

Land lease " #5,000


1st Ploughing #8,000
2nd Ploughing #8,000
Hybrid Seed/hectare #5,000

STAGE 2:
Planting #3,000
1st Weeding #9,000
Fertiliser #5,500
Application #4,000

STAGE 3:
2nd Weeding #9,000
GNLD #8,000
Application #4,000
Insecticide #6,000
Application #4,000

TOTAL #78,500
The target yield is 3tons/ha.
1ton sells for #60,000,Now multiply 60,000*3 = #180,000.Your profit =180,000-78,500
=101,500 within 2months.
We can help you get land for rent @ #5,000/hectare in Ogun State.
We also consult for both crop production and animal production.Crops like
melon,cassava,maize,vegetables,Tomato and cucumber
We also consult for poultry,fishery,piggery
For full proposal you can contact:
The Farm Manager,Gbenga:

I will use the calculations given by @Olushowumn to butress my point.


Based on Olushowumn's calcultions, 1 hectare of land should produce 50,000 hills of corn
which would equate to 200,000 cubs. An Igba(not sure what that means) would contain
400-600 cubs and could be sold for between 2000-4000 Naira. Lets use 500 cubs and 3000
Naira as average for an Igba.

So,
500 cubs = 1 Igbas = 3000 Naira.
200,000 cubs = 400 bags = 1.2 million Naira per hectare.
So your 7 hectare would yeild 8.4 million Naira.
Now that's good money. Or so it seems.

Now let me tell you how much that amount of corn would be bought be consumers
if its boiled or roasted and sold on the streets.

1 roasted or boiled cub of corn sells for 50 Naira each on average.


Lets assume that from the 200,000 cubs per hectare, we loose 25% and are left with
150,000 per hectare
If that amount of corn were sold retail we would get 150,000 cubs x 50 Naira = 7.5 million
per hectare.
Your total farm would sell for 7.5 million x 7 = 52.2 million Naira.

Yes. 52.5 million Naira is the amount your corn would sell for on the streets by the time a
simple value of Roasting or Boiling has been added to it. That is a very long way from what
you will get if you choose to sell your corn at the international price of $300 per Metric
Tonne.

Now this is what you get if you choose to sell you corn on the international market
without adding value.
Based on you post, you will achieve 3 tons per hectare which is 21 tons for your 7
hectares

1 Metric tonne = Approx. $300 = 48,000 Naira.


21 Metric Tonnes= 21 x $300= $6300 = 1.01 Million Naira.

Tell your friend to always mix the corn with Avian plus.
AS OF TODAY, I HECTARE = 10,000SQM WORLD OVER, WHILE 1 ACRE = 4040SQM...
NOW LETS IMAGINE WE HAVE 100M X 100M DIMENSION AS 1 HECTARE... AND YOU PLANT
AT 0.4M (WITHIN.ROW SPACING) AND 0.8M (BETWEEN ROW SPACING)
YOU WILL HAVE 31,125 HILLS BY THAT SPACING, IF YOU NOW HAVE 2STANDS PER HILL,
IT WILL BE 62,250 MAIZE PLANTS.... SO IF YOU HAVE 2 EARS PER PLANT, YOU WILL HAVE
124,500 STANDS... NOW THERE ARE TECHNIQUES TO MAKE 1 PLANT CARRY 3 EARS
WHICH WILL NOT BE STATED HERE... FOR THOSE DARING SOUL, YOU CAN TRY 3 SEEDS
PER HILL...

CASSAVA

Cost of production of cassava is as follows:


STAGE 1
Land lease: 5,000/annum
1st plough: 8,000
STAGE 2:
2nd plough :8,000
9month maturingCassava Stem +transportation: 20,000
STAGE 3
Planting: 9,000
STAGE 4
1st Weeding: 8,000
Fertiliser +Application:15,000
STAGE 5
2nd weeding: 8,000
Miscellaneous: 3,000
Harvesting : 7,000
TOTAL for 1Ha =#87,000
For 1Ha,yield is between 30-35tons and currently 1ton is #20,000
Revenue is 20,000*30=#600,000

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