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COST OF PRODUCTION AND REVENUE ON ONE PLOT (30m by 10m) OF TOMATO FARM

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COST OF PRODUCTION AND REVENUE ON ONE PLOT (30m by 10m) OF TOMATO FARM



(Adapt from Twitter: @RaynativeFarm)

 
Buy 1000 tomato seed (Abale RZ F1) - ₦57k

Nursery (seedling tray, fertilizer and Cocopeat) - ₦30k

Plastic Mulch Film (500m, 40 microns) - 150k

Cost of Pesticide and fungicide (Muncozeb, carbendazim, Azozystrobin, difenoconazole, Abamectin e.t.c) - ₦150k


Fertilizer (Cowdung NPK, MOP/KNO3, DAP/MAP, CaNO3 e.t.c) -₦150k




Labor (ridges, chemical spray, Weeding, planting, Mulch installation e.t.c) - 250k

Irrigation setup for just 1 plot (installation, drip kits, e.t.c) - ₦200k


1 staff salary (4 months) - ₦200k


Farm rent (1 plot for one season) - ₦50k


Miscellaneous (Things we may forget to mention) -₦200k


Total investment is ~₦1,287,000

NOW LET'S TALK ABOUT ROI

Each stem can give yield of 4-8kg of fruit


LET'S SAY ONLY 800/1000 SURVIVED


3x800 = 2,400kg (2.4 Tonnes)


I sold each KG at 1600 to the wholesalers (Look at the tomato well, it's the kind they sell at supermarkets 


2,400x1600 = ₦3,840,000


3,840,000 - 1,287,000 =₦2,553,000


Your profit after 4-6 months is ₦2.5m on ₦1.3m investment

NOTE:

Having good result rely on alot of learning.


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