Contest Alert Week#2 || Farmer's Guide to Crop Costs and Profits

hello everyone, I hope we are always in good health. This time I want to join the contest held by @amjadsharif about the 2nd week contest commemoration || farmer's guide to crop costs and benefits

in Indonesia where I live, rice is one of the crops used for staple foods, besides being a food, rice is also a source of income for the country, especially for exports as state income, food self-sufficiency is highly encouraged in our country because we are located on the equator which is a very suitable place for rice farmers

rice

the average harvest yield is around 5 to 7 tons per hectare per year for paddy fields

rice prices vary from around rp4,000 (1.17 steem) to rp7,000 (2.04 steem) per kg depending on the type and quality of rice

the cost of planting paddy fields per hectare can reach around rp10 million rupiah (2911 steem) to rp15 million (4367 steem) which includes the cost of seeds, fertilizers, labor, irrigation, and pesticides

profit with a harvest yield of 5 tons per hectare and a price of around rp6,000 (1.75 steem) per kg, net profit after minus production costs can reach rp10 million (2911 steem) to rp20 (5823 steem) million per hectare per machine

advice for new farmers

first, choose plants that are suitable for the climate and soil, adjust the plants to be planted with the climate conditions and soil types in your area second start on a small scale as a new farmer it is better to start on a small scale first to avoid big risks third understand the market recognize the demand and market prices for the plants you choose and how to market your products efficiently fourth good financial management manage capital costs and profits carefully will help you minimize losses and maximize profits last fifth learn efficient farming techniques use efficient and environmentally friendly techniques such as the use of organic fertilizers environmentally friendly pest control and good irrigation

this is my story this time thank you for reading I want to invite my friends
@yuswadinisam @teukuipul87 @shabbir86
to join this contest