Is growing peanuts profitable? The cost and profit of growing one acre of peanuts

Is growing peanuts profitable?

At present, peanut planting is an industry with low prices, low yields and high planting risks. Although the market demand is large, the price has not increased, and there is even a trend of declining year by year. If you are not careful, you will lose money, so novices must be cautious in planting.

Profits and benefits of growing peanuts

At present, the peanut yield per mu can reach about 800-1000 jin, and the market price is 3-3.5 yuan per jin. After deducting the cost, the profit per mu is only about 500-600 yuan, which is not very profitable.

High-yield cultivation techniques for peanuts

1. Land preparation and fertilization

Before planting peanuts, the soil should be deeply plowed to improve the soil structure and reduce the spread of viruses. The soil should then be broken up and ridged. The depth of the ditch should be about 30 cm. Finally, sufficient base fertilizer should be applied to provide nutrients for the later growth of the plant.

2. Seed selection and sowing

If you want high yields of peanuts, it is best to choose neat and full pods for seeds, and dry and disinfect them before planting. Peanuts can be sown in holes when the temperature is stable above 12°C, sow 3-4 seeds in each hole, cover the soil and compact it, and wait for the seeds to germinate.