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  • Maize Farming Proposal

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    WALGEN TRADING
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    This document proposes a business plan for a large-scale maize farm on 4 hectares of land with an expected yield of 5 tons per hectare. The total cost of the farm project is estimated to be 230,000 naira, including land leasing, machinery rentals, labor, inputs, and seedlings. Risks to the maize crop include various weeds, pests, and diseases but these can be mitigated through pesticides and disease control methods. The farm aims to inject about 20 tons of maize into the market targeting fresh and dried grain buyers.

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    This document proposes a business plan for a large-scale maize farm on 4 hectares of land with an expected yield of 5 tons per hectare. The total cost of the farm project is estimated to be 230,000 naira, including land leasing, machinery rentals, labor, inputs, and seedlings. Risks to the maize crop include various weeds, pests, and diseases but these can be mitigated through pesticides and disease control methods. The farm aims to inject about 20 tons of maize into the market targeting fresh and dried grain buyers.

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    2K views3 pages

    Maize Farming Proposal

    Uploaded by

    WALGEN TRADING
    This document proposes a business plan for a large-scale maize farm on 4 hectares of land with an expected yield of 5 tons per hectare. The total cost of the farm project is estimated to be 230,000 naira, including land leasing, machinery rentals, labor, inputs, and seedlings. Risks to the maize crop include various weeds, pests, and diseases but these can be mitigated through pesticides and disease control methods. The farm aims to inject about 20 tons of maize into the market targeting fresh and dried grain buyers.

    Copyright:

    © All Rights Reserved
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    of 3

    THE PROPOSED BUSINESS PLAN AND PROPOSAL ON MAIZE FARM

    PREPARED FOR:

    KICK START

    PREPARED BY:
    ONI AKINTUNDE
    BLG 23, OLU – ONI STREET, OMI – ASORO, ILESA, OSUN STATE, NIGERIA.
    MOBILE: 08146220585
    EMAIL: [email protected]
    EXECUTIVE SUMMARY

    The proposed business is agro based; it entails production of maize in large scale. The
    objective of this business is to produce maize to meet the social demand. The initiative is to start
    a maize farm plantation with a minimum of 4 hectares of farmland to be cultivated throughout
    the duration of maize growing season next year. Target yield is 5 tons per hectare. With total
    input of 4 hectares of land, it is expected that the farm can inject about 20 tons of maize into the
    market and ultimately market is targeted at Fresh maize buyers and Dried grains Buyers.

    With the experience I have garnered from small scale maize farming it is evident that it
    will be worthwhile to expand the business into a commercial venture to be producing in large
    quantity. I believe my ability to organize, direct, control and equally calculate the risk will make
    this business succeed without any iota of doubt in my mind.

    FINANCIAL PROJECTION

    LAND LEASE N15,000

    MACHINERIES ( RENT)

    For both first and second N20,000


    operation – ploughing and tilling

    PLANTING (LABOUR COST) N10, 000

    WEED CONTROL N5,000

    INSECTICIDES N5,000

    TREATED SEEDLINGS N2,500

    TOTAL N57,500
    The above illustrated cost breakdown is for 1 hectare of land.

    For the proposed 4 hectares of land the total cost will be multiplied by 4

    57, 500 x 4 = 230,000

    Therefore, the grand total cost of the farm project = 230,000 naira

    RISK IDENTIFICATION AND MITIGATION STRATEGIES

    There are several types of weeds, pests and diseases that affect maize plants such as stem
    borers, army worms, grasshoppers, larger grain borers, downy mildew, maize streak virus and
    Striga among others. Fortunately, there are several herbicides, pesticides and disease control
    methods i can apply to prevent a breakout on my farm.

    HARVEST: WHAT TO EXPECT

    The amount of maize that can be harvested (per hectare) depends on the variety of maize
    seedlings, amount of rainfall, sunshine and the level of weed, pest and disease control
    management that was applied. However, The target yield is at least 5 tons per hectare.

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