Skip to main content

COST AND REVENUE OF A 25m by 25m (120ft by 60ft) PLOT OF HABANERO PEPPER

Image
By

 COST AND REVENUE OF A 25m by 25m (120ft by 60ft) PLOT OF HABANERO PEPPER





The seeds - Mawenzili (500) and Loleza (500) wi cost about N130k


Seed Nursery (trays, Cocopeat and planting plus fertilizer) - 30k

Plastic Mulch Film (500m, 40 microns) - 140k to 165k


Fertilizer (cowdung, NPK, Urea, MOP or Pottasium Nitrate, DAP or MAP or SSP) - 150K


Pesticide + fungicide (Rocket, Super attacker, punch, Imidacloprid, Azozystrobin and Muncozeb e. t. c - 100k to 150k

Labour cost (including Ridges formation, Installing Mulch Film, Weeding, chemical sprayer, fertilizer applications e.t.c) - 300k


Irrigation setup (Drip kits, piping and drip installation, but without borehole/water source) - 200k



Local greenhouse (like the one in the picture by @RaynativeFarm on Twitter), - this is not cumpulsory as Habanero are strong and survive well in open field, but greenhouse offer longer harvest.


Cost for rent for a single season (1 plot) about 50k


(salary of a Manager for 4 months) - 280k


Miscellaneous (Things we may forget) - 300k


MAKING TOTAL OF ₦1,730,000


NOW LET'S TALK ABOUT THE HARVEST AND REVENUE


The varieties I have discussed about can yield 3-4kg of Habanero fruit


Let's say out of 1000, due mistakes e.t.c 800 survives and eaxh give 1.5kg (half of expecte


800x1.5 = 1,200


KG of Habanero in the market is ₦3000+ but let's use ₦2,500/


2,500x1200 = ₦3,000,000

If you remove your invested capital of ₦1,730,000 for the revenue of ₦3M, you have profit return of ₦1,270,000


NOTE:


1. The profit can be way more than that, but it is not as easy as it sounds, some can start and end with HYPERTENSION.

2. The whole process require deep knowledge, patience and resilience, it may take you 2 years to reach that level.


3. Follow @RaynativeFarm, and join our WhatsApp farmers club group at:

Follow Facebook on: https://www.facebook.com/groups/536430085561386/?ref=share&mibextid=NSMWBT



Labels:

Comments

Post a Comment

Popular posts from this blog

How to start groundnut oil business and it's oil production

By
 The groundnut oil industry is a great chance for entrepreneurs to dive into the vegetable oil market. Groundnut, or peanut oil, is a versatile oil used in cooking, cosmetics, and industry. With the world's population growing, the need for good cooking oils is higher than ever. Groundnut oil is loved for its mild taste, high smoke point, and health benefits. It's a favorite for those who want healthy and tasty food. Its special qualities also make it important in making personal care and industrial products. This opens up more chances for groundnut oil makers. Key Takeaways Groundnut oil is a versatile and widely-used edible oil with growing demand in the cooking, cosmetic, and industrial sectors. The global population growth is driving the need for affordable and high-quality cooking oils, fueling the  peanut oil production  and processing industry. Groundnut oil is renowned for its mild flavor, high smoke point, and rich nutritional profile, making it a popular choice a...
Post a Comment
Read more

How to Start Grape Farming

By
   How to Start Grape Farming: A Comprehensive Guide Source: Hakeem AgroRoyal farms  Grape farming can be a lucrative endeavor for those passionate about agriculture and interested in the wine and food industry. Whether you aim to produce table grapes, wine, or raisins, starting a grape farm involves various stages that require careful planning and execution. In this article, we will explore the essential steps to embark on grape farming, highlighting crucial factors such as site selection, variety selection, and management practices.  Selecting the Right Location Choosing the suitable location is critical for the success of your grape farming endeavor. Here are some key considerations: 1. Climate: Grapes thrive in temperate climates with warm, sunny days and cool nights. Ideally, areas with long growing seasons and minimal frost exposure are preferable. 2. Soil Type: Grapes prefer well-drained soils rich in organic matter. Conduct a soil test to assess pH and nutrie...
Post a Comment
Read more

How to Start Cucumber Farming: A Comprehensive Guide to Success in Nigeria

By
How to Start Cucumber Farming: A Comprehensive Guide to Success in Nigeria Image source: Pixels Cucumber (Cucumis sativus) is a popular vegetable that is not only rich in nutrients but also highly sought after in both local and international markets. In Nigeria, where the demand for fresh vegetables continues to rise, cucumber farming presents a lucrative opportunity for both new and seasoned farmers. This article aims to provide a thorough understanding of how to start cucumber farming in Nigeria, encompass a basic marketing analysis, and explore profitability prospects. Understanding Cucumber Farming Before starting any agricultural venture, it is crucial to understand the crop, its requirements, and the necessary practices for successful cultivation.  1. Choosing the Right Variety Cucumber varieties vary significantly, and selecting the right one can greatly impact your yield. In Nigeria, the most prominent varieties include: - Slicing Cucumbers: Ideal for fresh salads and consu...
Post a Comment
Read more