AGMGT 2105: AGRIBUSINESS COMMODITY SYSTEM
Laboratory Exercise No. 3 Input and Production Subsystem
SWEET POTATO PRODUCION
Guzman, Trisha Mae M.
Samin, Angela B.
BSA 2-7 (Tuesday; 3:00-6:00)
Central Luzon State University
May 2, 2023
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Its about agriculture business or agribusiness its a laboratory exercise no.3, Study Guides, Projects, Research of Marketing Management
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AGMGT 2105: AGRIBUSINESS COMMODITY SYSTEM
Laboratory Exercise No. 3 Input and Production Subsystem SWEET POTATO PRODUCION Guzman, Trisha Mae M. Samin, Angela B. BSA 2-7 (Tuesday; 3:00-6:00) Central Luzon State University May 2, 2023
Introduction Sweet potato is considered as one of the important crops in the Philippines. It is used in the manufacture of industrial products like flour and starch and as raw material in the commercial production of animal feeds. Moreover, sweet potato can be processed into different food products with higher economic value than fresh roots. Because of its many uses, the demand for sweet potato has significantly increased. This demand, however, has not been realized because of the recurrent problem on low farm productivity. OBJECTIVES:
- To be able to identify the agribusiness project that the student intends to venture in the future;
- To be able to familiarize with the initial investments and inputs that an animal or crops project needs; and
- To be able to determine the right quantity and current prices of the inputs needed (material inputs, labor inputs and other production inputs like utilities, land rent and depreciation. METHODOLOGY: Select a farm business activities you would like to establish in the future. The commodity to be used must be prior to your major or specialization (e.g. fattening operation- Animal Science Major, hydroponics- Crop Science Major, etc.) To begin with the business industry, you have to start with ideas such as the business size, inputs, source of raw materials and more. Select a farm business of your choice; if you intend to take a major in Animal Science, your agribusiness project is animal-based. Identify the size of the project. Example: 20-sow level (fattening operation) Project, 1000-head Layer Chicken Project or 15-head Native Project (kidding operation). If you intend to take a major in Crop Science, Crop Protection, Soils Science your agribusiness project is crop-based (1 hectare for rice production; 3,000 m^2 for vegetables). Since we are currently in a new normal, you may ask for important details from your neighbors, family or friends whom you think are experts in that field by sending the needed data, interview them via zoom, face to face or other platforms. Technologies to be adopted Rotovators A rotavator is a large piece of gardening equipment that is used to break up, churn, and aerate the soil before sowing seeds and bulbs in gardens. Rotavators have a series of spinning blades that break through the soil. Water pump
Harvesting Harvesting depends on the need and the variety planted. Recommended varieties are usually harvested 3-4 months after planting. Harvest the plants preferably during sunny days. In wide areas, use the animal-drawn or tractor-drawn sweet potato harvester. A spading fork or a bolo can be used in smaller areas. Remove the soil from the roots before storing or transporting them. Don’t wash the roots because excess moisture will cause rotting during storage. Do not throw the roots to prevent damage. Do not expose the harvested roots to sunlight to maintain good quality of harvest. Discard the weevil infested and damaged roots. Classify the roots according to the size as desired by the market or use. Place the roots in baskets, sacks, wooden or plastic crates and boxes cushioned and covered with paper, banana leaves or sweet potato vines to prevent bruises during transport. Farming System The farm size is a total of 3,000 square meters. Types of products that produce is sweet potato (Ipomoeae batatas). Location The farm is located at Poblacion North, Science City of Muñoz, Nueva Ecija. The farm distance is 3 km from the city proper. Irrigation and water resources The source of water in growing sweet potatoes is deep well, using water pumps or engine pump. Farm facilities The tools that use in sweet potatoes farming are: Shovel- use for digging of soil Sprayer- use for spraying insecticides Digging fork- use for digging soil and harvesting the sweet potatoes Water pump- use for watering the sweet potatoes Rotovators – is a machine use to dig soil faster and powerful Inputs to be used The initial Capital investment for this project is P 11,247. COST AND RETURN ANALYSIS PER 3000 Square meter A. Labor Inputs/3,000 Square meter Particulars Unit Quantity Unit Total (P)
Cost A. Labor Inputs/ 3,000 square meter
- Land Preparation (P200/MD, P400/MAD) Plowing Harrowing Furrowing Oraganic Fertilizer Application
MAD
MAD
MAD
MD
Sub Total 1,
- Crop Establishment Planting MD^3 200 Sub Total 600
- Cultivation Off Barring Hilling Up
MAD
MAD
Sub Total 900
- Harvesting Digging / Picking Sorting
MD
MD
Sub Total 780 Total Labor 4, B. Materials Inputs Paticulars Unit Quantity Unit Cost Total (P)
- Planting materials pcs 13,346.5 0.25 3,336.
- Oragnic Fertilizer kg 1,501.5 2 3,
- Fuel and Oil L 6 73 438
- Snacks 30 10 300 Total 7,077. Grand Total 11,247. Estimated yield/ 3,000 square meter (kgs) 3, Estimated Group Income @ 10.00/kg 30,030. Less: Gross Expenses 11,247. Estimated Net Income 18,782. Returned on Investment (ROI) 166% Break Even Price (per kilo) 3. Reference https://cagayanvalley.da.gov.ph/wp-content/uploads/2018/02/sweet_potato.pdf