
A Journalist with Radford FM in Tumu, Mr. Balu Mohammed has revealed how much one needs in the 2022 farming season to be able to plough 1 acre of Farm Land.
Statement
This is how much you need to plough one acre of maize field, Is there a bank out there that will invest in this ?
1 acre
Ploughing 200
Seed pioneer 500
Fertilizer 4-1560
Weedicides-200×2=400
Labour
Making of holes Sowing 200
Fertilizer application 150×2=300
Fuel and supervision=200
Total=Gh4,800.00
You can get 100kg 20/30/ or 40 bags
depending on the type of soil
How many peasant farmers can cough out this money?
Source: Upperwestmedia.net