As the name suggests groundnuts are nuts grown under the ground and provides the opportunity to use in multi-cropping. They are popularly known as peanuts and Gujarat is the largest groundnut-producing state in India.
Groundnut crop yield per acre
Its scientific name is “Arachis hypogaea” and it belongs to the legumes family. This oilseed crop is grown in Kharif and Rabi seasons. Groundnut cultivation in Telangana is done on approximately 5 lakh acres of land. Gujarat is the largest groundnut-producing state in India whereas Nigeria is the third largest producer of it accounting for 30% of Africa’s peanut production. Groundnut yield per acre in Tamilnadu might be between 15 to 20 quintals and farmers doing multi-cropping are earning more than usual farming.
It is considered the kingpin of oil seeds, earthnuts, manilla nuts, monkey nuts, pinda, goober and peanuts. In India, it accounts for more than 40 to 50% of the area and there is 60% to 70% production. Groundnut oilseed production holds the number one position when compared to other oilseed crops.
Groundnut is consumed roasted, fried and with salt, it is popular in North India. There is 47% to 49% oil content in the seeds along with 20% protein. Groundnut kernels are used almost in every American kitchen and therefore have high demand in the market. The kernel rate in IndiaMART is approximately Rs 115 per/kg.
The Kernels are healthy and easily digestible. Sandy and loam soils are ideal soil required for its cultivation and 26 to 30 degrees celsius is the optimum temperature required for the vegetative growth of nuts. Kadhiri and Girnar are some of the varieties. 75 to 100 kg is the groundnut seed rate per acre and 4 to 5 ton FYM is required during farming. With good farm management practices, groundnut farming profit might be somewhere around Rs 46,500 per acre.
Production in India
Gujarat is the largest producer of groundnut in India followed by Tamil Nadu, Andhra Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Uttar Pradesh, Rajasthan, Punjab, Odisha and some parts of Uttarakhand.
India, Nigeria, Senegal, Chad, USA, Indonesia, Argentina, Ghana, and Burma. With 6.3 million tonnes of peanuts annually India is in the number one position in producing groundnuts. India contributes 21% to the world’s peanut production. The United States of America produces 3.7 million tonnes of peanuts annually.
Due to the suitable climate conditions, peanut plantation is done in 13 states of the USA including Alabama, Texas, Virginia, Oklahoma, Florida, North Carolina and Virginia. Farmers are planting peanuts in Alabama on a large scale which is spread over approximately 185000 acres and Alabama is the highest peanuts producer in the USA.
How to start groundnut farming
Soil and climate requirements
Light texture, loose, friable, well-drained, sandy and loamy soil are the best soil for groundnut cultivation. Avoid clay and heavy soil because they interfere with the penetration of pegs resulting in difficult harvesting. Soil ph should be 6.0 to 7.5.
Temperature – Groundnut grows well in warm temperatures 26 to 30 degrees celsius is the best temperature for growing peanuts.
50 to 125 CM rainfall is good for groundnuts to thrive well in the growing season.
Girnar 1, Girnar 2, Girnar 3, GG 5, GG – 7 (38), Kadhiri 6,Kadhiri 7, Kadhiri 8, Kadhiri 9, JCG 88.
Seed rate per acre
Groundnut seed rate per acre should be between 75 to 100 kg. With this seed rate, peanuts may produce a yield approx 20 quintals per acre.
Land preparation cost
No matter if groundnuts are deep-rooted you should avoid deep ploughing. A couple of ploughing and harrowing is enough to achieve a good surface for sowing peanut seeds. Approximately Rs 11000 is required for land preparation.
Marketing and transportation
Crop marketing and transportation are equally important. While doing ground commercial cultivation it becomes more important to sell them to the wider market. For that, you need good marketing strategies so that your product can be delivered to different regions. In today’s digital world internet has produced vital options for marketing and also reduced marketing costs. Let’s understand how the cost is reduced
If you will prepare banners and pamphlets then it will cost more because one good size banner is between Rs 10,000 to 15000 most importantly this single banner can be utilised for one area only which is also not viewable from a long distance.
When it comes to digital marketing becomes cheaper to advertise your product in the long term. You can create a website which will cost Rs 8000 to Rs 12000 per year and Rs 7500 will be the website creation cost along with necessary plugins and 6-8 months of free service, and free consultancy. If you want a beautiful professional website you can email us at the email address trees@signuptrendingnature.
Cost per acre
- Seed cost per acre = Rs 10000.
- Water and electricity cost = Rs 18000.
- Land preparation cost = Rs 11000.
- Weeding cost per acre = Rs 2000.
- Fertilizer cost per acre = Rs 5000.
- Marketing cost = Rs 15000.
- Harvesting cost per acre = Rs 5000.
- Total cost = Rs 66,000.
Groundnut farming profit per acre
- Groundnut price per kg = Rs 65, Rs 75, Rs 90, Rs 120 and more.
- Groundnut yield per acre = 15 quintals (1500 kg).
- Profit = 1500 kg x Rs 75 = Rs 1,12,500.
- Net Profit = Peanuts profit per acre – Peanuts cost per acre.
- Net Profit = Rs 112500 – 66000.
- Net Profit = Rs 46,500.
Note – The assumption of the project report may vary according to the peanut variety, quality, market, demand and supply.
How many peanut seeds per acre?
75 to 100 kg peanuts seeds per acre.
How long does it take to harvest groundnuts?
Harvesting time for groundnut is 90 to 110 after planting for boiling type peanuts and 130 to 150 days for roasting varieties from the planting period.
What is groundnut yield per acre?
15 to 20 quintals.
What should be the groundnut seed rate per acre?
75 to 100 kg.
What is the profit margin in this farming?
By investing Rs 66,000 one can earn approximetly Rs 46,500.