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

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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