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Nairaland Forum / Nairaland / General / Agriculture / Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? (23426 Views)
Oil Palm Vs Cocoa Farming | Which Is More Profitable? / Cocoa, Paddy Rice, Maize, Cashew: Which Of These Produces Do You Urgently Need ? / Banana Plantation And Plantain Plantation..which Is More Profitable? (2) (3) (4)
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Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Owologbo(m): 9:52am On Jan 06, 2023 |
nurey: ok. I'm a Deltan and my friends used to tap rubber (mostly Christmas period) when I was in Delta State. I know they have sold 1kg for less than #100 before. 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by nurey(m): 9:56am On Jan 06, 2023 |
farem: I work in a rubber plantation. I may find time for a thread on it seems rubber tree is Alien to most farmers in Nigeria |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by AKWATGOLD1(m): 10:01am On Jan 06, 2023 |
Fantastic contribution. nurey: |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Agritech(m): 10:46am On Jan 06, 2023 |
nurey: Few people talk about rubber, but it the most profitable. The below has been in production for 30 years and still counting.
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Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Jamahyel(m): 11:02am On Jan 06, 2023 |
cocoa |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by farem: 11:28am On Jan 06, 2023 |
Majesty33: Fruit juice companies? Are you that serious? IDo they come directly to farms? will like to connect some farms if you show the way. Thanks |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by farem: 11:37am On Jan 06, 2023 |
godofuck231: So what have you done with this discovery? If people,who are 99.89%, never been exposed to this reality are described as 'stupid dunkies'? 1 Like 1 Share |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Tboymessiah(m): 11:50am On Jan 06, 2023 |
Wickedfacts: Akure o yee |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Tboymessiah(m): 11:53am On Jan 06, 2023 |
Sweetplum: True talk NasoLifeBe!!! |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by farem: 11:54am On Jan 06, 2023 |
Ogunleti01: Good ginger. Kindly provide more on planting and prospects of marketing of plantains. I will like to do this in Osun State. I am also interested in Cocoa. Please can you compare palm tree farming with cocoa's since you're experienced. Thanks |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by farem: 12:06pm On Jan 06, 2023 |
Lesgupnigeria:Thank you. I may need to get closer to you! |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by farem: 12:10pm On Jan 06, 2023 |
nurey:Please do. |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Majesty33(m): 1:03pm On Jan 06, 2023 |
farem:well , u will always make connections to them when you indulge in the Agricultural business. Time shall tell. i am speaking in respect to my late dad business. He has orange, plantain, pineapple and palm fruit orchard and buyers from neighboring cities come to buy. As long as there are other farms around, other farmers will direct them to where they will get produce of their choice. 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Nigerfine3: 1:21pm On Jan 06, 2023 |
meobizy:Oil palm of today’s world produce in about 3 years, 100 palm tree gives you almost 3 million per year! This translate to 25 to 30 million per year for 1000 palm tree |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by afam4life(m): 1:56pm On Jan 06, 2023 |
ZUBY77: Teach us how to catch fish on USDT with small mobile phone. |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by wasuka14(m): 2:48pm On Jan 06, 2023 |
Lesgupnigeria: Pls also interested in this idea. So pls, i will you to sheild more light into the following areas. Thanks. You didn't mention specie to plant, how many to plant on 2 ha, and cost of processing. And what's the cost of processing equipments? And if u source processing elsewhere, how will you guarantee to get the exact output?? |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by yinkeys(m): 2:50pm On Jan 06, 2023 |
godofuck231:Talk is cheap fool You think it’s just to start producing without bilateral agreements etc Do you know how farm produce wastes in the country You better watch how you interact with people Countries will readily buy your crude oil but will prefer to artificially produce their vegetable or olive oil than use your African oil Venezuelan oil is also cheaper but they’ve been sanctioned by the world powers that be that’s why their country is in shambles. Foolish NL member The fact I typed really doesn’t mean I’m not enlightened with respect to what’s going on globally Sometimes people choose to play dull just to see if there’s more to learn from the other person 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by wasuka14(m): 2:50pm On Jan 06, 2023 |
Nigerfine3: Hmmmm. Pls shield more light oo |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by staga: 4:19pm On Jan 06, 2023 |
nurey: During the era of the Rubber Board of Benin (yes, they also had a football club that they funded), rubber was the gold for Bendelites. Cartel-like wars and killings were occurring over rubber plantations. That's how much it was sought after. Back then in the 70s and 80s, Michelin and other companies producing tires were in Nigeria so the demand was out of this world. I lost touch with the market and stopped tracking it, so I don't know much about it. I think the 7-year gestation period turns people off. But when you consider that time flies fast, you may not feel it. I planted supergene palms during the pandemic. They have started fruiting. Three years have gone already! 2 Likes 1 Share |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Nigerfine3: 4:39pm On Jan 06, 2023 |
wasuka14:The seedlings of today from nifor is 500 Naira, start fruiting in three years, it gives 25 liters to 30 from beginning, after six years it jumps to 50 to 60 litters, go check per liter of palm oil. This is pure gold. 3 Likes 1 Share |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Abojupupa: 6:54pm On Jan 06, 2023 |
Nigerfine3:How can one get seedlings from NIFOR? I'm interested in oil palm plantation. 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by ORAFA(m): 9:06pm On Jan 06, 2023 |
Obascoetubi:Why do all the profiles have the same signature, YIM, Twitter, etc? |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by billyG(m): 9:21pm On Jan 06, 2023 |
Nigerfine3:PLS explain this your arithmetic. |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Nigerfine3: 10:56pm On Jan 06, 2023 |
billyG:Read the four or so write up above yours Thanks |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Nigerfine3: 10:57pm On Jan 06, 2023 |
Abojupupa:Go to their office in your state capital or nearest to you, the problem of the business is land. Palm need spacing, about 9/10 on one plot of land |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Nigerfine3: 12:00am On Jan 07, 2023 |
billyG:My bad, 1 palm yields about 30 liters for early years, 100 gives you 3 million Naira. 6 years and above yield increase almost 100 percent. |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Nigerfine3: 12:05am On Jan 07, 2023 |
[quote author=staga post=119774691] During the era of the Rubber Board of Benin (yes, they also had a football club that they funded), rubber was the gold for Bendelites. Cartel-like wars and killings were occurring over rubber plantations. That's how much it was sought after. Back then in the 70s and 80s, Michelin and other companies producing tires were in Nigeria so the demand was out of this I lost touch with the market and stopped tracking it, so I don't know much about it. I think the 7-year gestation period turns people off. But when you consider that time flies fast, you may not feel it. I planted supergene palms during the pandemic. They have started fruiting. Three years have gone already![/quote Please was any of your palms affected by any diseases, eaten by insects or any of such during their first year |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by oduncojamaica(m): 12:28am On Jan 07, 2023 |
Agbalagbi2013: My little note, all have spoken well. Palm plantation From my experience, cos am into palm plantation in Odogbolu, Ogun State. 2 hactares is not enough to breakthrough in palm plantation cos you will only have 300 stands minimum you will enjoy is 4 hactares 600 stand I can guarantee you of breakthrough and your retirement plan. U can plant plantain together this will help you to sustain the farm Expenses for 2 years b4 harvesting your palm. Things to consider 1. Land location- your farm location is very important there are some land that will not good for palm eg part of Ogun ( Imeko/Ayetoro axis and Oyo State( Ogbomoso). Ilorin axis, all this land are good for Cashew. Rubber,Cocoa and palm can be planted in Ogun(Ijebu axis to Ondo, Edo 2. Fund availability- b4 you can break even you have to ready to finance the farm maintenance, u can reduce the expenses by planting mix crop. Cocoa 3yrs Palm 3yrs Rubber 7yrs 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by oduncojamaica(m): 12:32am On Jan 07, 2023 |
Nigerfine3:Do you have palm plantation?. All your calculations, na for book. |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by godofuck231: 2:17am On Jan 07, 2023 |
yinkeys:then you dull if you don't know that producing finished products for fellow third world countries give a raise to agriculture and export of finished products , look at blue band magarine and lux soap being sort after in West African countries , u no know Jack shiit |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by godofuck231: 2:25am On Jan 07, 2023 |
farem:the foreign intelligence agencies aren't only supposed to spy on military secrets but also on economic secrets , a military backed by a strong economy is a threat to another, if the NIA had made reports on how lip sticks and vegetable oil imports from Europe was being made out of palm oil , the government would invest in the production of vegetable oil , magarine, lip sticks , make up for women , lubricants, agro pharmaceuticals , even perfume oils 2 Likes |
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