Okra production

Want to venture into Okra Production? Here is simple Costs and Benefits analysis

Okra production is a very profitable farming business, especially during the periods of low rainfall. Farmers take advantage of lowlands to cultivate okra during this period.

We are not just saying it is profitable. We take you through the very current 1ha okra production costs and benefits.

Note: 1hectare = 2.5 acres

Operational Budget/Ha/Yr (2020)

ActivityCost(Ghc)
Land rent375.00
Land preparation600.00
Seeds600.00
Fertilizer and manure2,540.00
Pesticides200.00
Labour3600.00
Total estimated cost7,915.00

Revenue from 1ha Okra Production

Average fruit yield/ha = 12 tons

=12,000 kg

Percentage loss of 5%

Available yield for market

= 95/100×12,000kg = 11400kg

Packaging in 6 kg box = 11400/6 kg =1900 boxes

Farm gate price/6 kg = Ghc10

Income = 1900×10= Ghc 19,000.00

Net income = Ghc 19,000 – 7,915.00 = Ghc 11,085

Note: This budget does not include fixed cost and overheads.

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