PLANTING SQUASH

Farming is an alternative if you want additional income.  We have a neighbor who has a 1 hectare vacant lot and we decided to plant squash on it.  We will pay for the seedlings while the land owner's contribution will be the land itself and the plowing of land.  He will also check the crop from time to time.

Listed below is a summary of our business venture:

Inputs:
1.  plowing of land (free of charge because the land owner has his own cow).  But others will charge P1,500 per hectare
2.  2 cans surprema (squash seeds)  P 2,300.00
3.  1 can karate (insecticide) P 140.00
4.  For fertilizer, we use used rice hull (free of charge because we are near poultry farms)
5.  Labor for planting (free because the land owner planted it himself)

Harvest:
1st:  2,533 kilos at P 8 per kilo (3 months after planting)
2nd:  3,947 kilos at P 9 per kilo, 60 kilos (reject) at P 2.50 per kilo (2 weeks after the 1st harvest)
3rd: 960 kilos at P 8 per kilo, 162 kilos (small) at P 4 per kilo (2 weeks after the 2nd harvest)

Total income:  P 64,265.00 divided by 2 = P 32,132.50 less P 2,440 for the inputs.
NET INCOME: P 29,692.50.

We did not pay for the delivery of the squash because the dealer usually picks up the items from our area.  The price of the squash is not stable.  You are already lucky if it reach P6.00 per kilo.  There are times that the price per kilo is only P3.00.

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