agricultural sba 2

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Crop Budget

TEACHER: Mr. Duckie

GROUP MEMBERS: Rayan HemmingsSanjae MillsShaniele EdwardsKeran Mcleggon

DUE DATE: December 19, 2011.

School: McGrath High School


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TABLE OF CONTENT

Introduction 1

Acknowledgement 2

Schedule of Operation 3

Equipments Used 4

Land Preparation 5

Preparing of Hole 6

Transplanting 7

Watering 8

Spraying 9

Fertilizing 10

Mulching 11

Moulding 12

Pruning 13

Staking 14

Daily Observation 15

Estimated Budget 16

Actual Budget 17

Analysis 18


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INDRODUCTIONThis project is about a crop budget. This project take you through all the process

involve in a crop budget, from the day of planting to the day of marking. The crop thatis producing is tomatoes. It also explaining the processes and give you pictures to seethe action.

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ACKNOLEGEMENTI would like to say thanks to the following person and organization for making thecompletion of my project: Oneil Turner for taking the pictures. Shavian Cameron forhelping me writing. The linsteads Internet caf for printing my project. Last but leastour teacher Mr. Duckie who guide us along the way. Once again thanks to everybody.

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SCHEDULE OF APERATION

Week 1 : Land selection and preparation

Week 2 : Preparation of holes

Week 3 : Transplanting and watering crops.

Week 4 : Weed control

Week 5 : Fertilizing

Week 6 : Moulding

Week 7 : Spraying

Week 8 : Pest control

Week 9 : Pruning

Week 10 : Staking

Week 11 : Observation

Week 12 : Harvesting

Week 13 : Marketing

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Equipment used

The following equipments are used to complete land preparation and thegrowing of crops.

Fork

Machete

Hoe

Pickaxe

Barrow

Spray Pan

Hand shovel

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Land Preparation

LAND PREPERATION: This is the clearing the land, ploughing of the soil. This isdone to ensure that the seedlings have a proper place to grow.

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PREPARING OF HOLE

PREPERING OF HOLE: This is the making of little hole to put the seedlings in.

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TRANSPLANTING

TRANSPLANTING: Transplanting is the removal of seedlings from the seedbed tothe field. This is done to make the seedlings have space to grow because in theseedbed they have limited space grow. Because in the seedbed they will grow tall andslim.

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WATERING

WATERING: Watering is spraying or pouring of water to the roots of plants. This isdone to make the plants absorbs water.


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8

Spraying

SPRAYING: Spraying is the spraying of insecticide or pesticide to plants to kill or toprevent insects and pests. This way we limit the lost of produce.


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Fertilizing

FERTILIZING: The applying of fertilizer around the roots of the plant. This done togive nutrients to the soil so that the plant can absorbs it.

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Mulching


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MULCHING: Mulching is the placing of dry or green grass in the field not too nearthe plants. This done to reduces the growth of weeds and reduces the lost of moisturein the soil.

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Moulding


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MOULDING: Moulding is the pulling up of the soil around the plant. This is done toencourage lateral growth of roots and to also make water can go in the soil easily.

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PRUNNING


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PRUNNING: Prunning this is the cutting off of some limbs from the plant. This isdone to ensure we get bigger and better tomatoes.

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STAKINGS


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STAKING: Staking is placing a stick along the plant. These done because thetomatoes tree cannot hold the weight of it produce and need something to help it.

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DAILY OBSERVATION

DAILY OBSERVATION: Daily Observation is the visiting of the field to ensure

everything is ok, include the plant are well watered and no insects or pests etc.


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ESTIMATED BUDGETINCOMETomatoes 84pounds @ $60 =$5040TOTAL INCOME (T.I.) =$5040

VARIABLE EXPENSESSeeds =$300Fertilizers =$3000Insecticide =$400

Labour (done free of cost by us) -------Transport =$200

TOTAL VARIBLE EXPENSES (T.V.E.) =$3900

FIX EXPENSESWater (paid at a flat rate) =$1000TOTAL FIX EXPENSES (T.F.E.) =$1000

TOTAL EXPENSESTotal Expenses (T.E.) =T.F.E. + T.V.E.

= $1000 + $3900 =$4900

Estimated profit =T.I. T.E.=$504O-$4900 =$160


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ACTUAL BUDGETINCOMETomatoes 84pounds @ $70 =$5880TOTAL INCOME =$5880

VARIABLE EXPENSESSeeds =$200Fertilizer =$3000Insecticide =$450Labour (done by us free of cost) ----------Transport =$350

TOLTAL VARIABLE EXPENSES (T.V.E.) =$4000

FIX EXPENSESWater (paid at a flat rate) =$1000

TOTAL FIX EXPENSES (T.F.E.) =$1000

TOTAL EXPENSESTotal Expenses (T.E.) =T.F.E. + T.V.E.

=$1000 + $4000 =$5000

ACTUTAL PROFITActual Profit =T.I. T.E.

$5880- $5000 =$880


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ANALYSISIn the estimated and actual the profits were different. The profits were different

because in the actual budget price of tomatoes was high than the price in the estimated

$60 to $70.In the variables expenses the price of the tomatoes seeds were chipper than

we expected $300 to $200.The price of insecticide was a little most $400 to $450. The

transport price was most than we expected $200 to $350.Nothing else did not change,

in the end the estimated profit was $160 and the actual $880.

agricultural sba 2

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