Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,938 members, 7,817,750 topics. Date: Saturday, 04 May 2024 at 06:32 PM

Cost And Profitability Of Oilpalm Farming(super Genetic) - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Cost And Profitability Of Oilpalm Farming(super Genetic) (4062 Views)

Guide To Cosmetics Production And Profitability In Nigeria / Facts About Oilpalm Farming And How Lucrative It Is In Nigeria. / Feasibility On Agro Export Business/comprehensive Cost & Profitability Analysis (2) (3) (4)

(1) (Reply) (Go Down)

Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 12:36pm On Feb 24, 2021
Are you looking for how to have your own profitable farm?

At VAMBEDY FARMS AND GARDENS we guide our clients through their journey in agriculture.
If you would want to own an OILPALM PLANTATION

Oil palm farming is a very profitable and lucrative business. Nigeria used to be the world major producer of oil palm before Malaysia took over since the introduction of the improved variety known as MALAYSIA SUPER GENETIC, this specie was bred from the Tenera we have here in Nigeria.

There are other varieties or species of oilpalm such as Tenera, Dura, pisifera etc but by using the latest Supergene introgressed hybrid seeds, we can assure that the future of oil palm plantation will be sustainable and highly profitable to all planters. This is one of the biggest secret of wealth for our eastern business men.

As at now, supergene is the best oilpalm to invest in because of its unique properties:

* Early fruiting at 22th month instead of the 36 months of other species.

* Supergene oil palm yield 2times higher than other species/varieties for same size of plantation land, WITHOUT any further maintenance cost incurred. Can yield up to 25tons per hectare from the fourth year of production.

*It has Higher Oil extraction Ratio(OER) from Fresh Fruit Bunches(FFB) amount to between 26% to 28%.

* Bigger fruits,bigger bunches and more bunches per tree, up to 22-26 bunches/tree/year.

* Longer harvesting period and longer re-planting cycle up to 35-40 years.

* Thicker stem and introgressed with more genetic material.

* More resistant to fungal disease.

* Thin Shell and small kernel.

* More tolerant to drought.

A QUICK LOOK AT THE TOTAL COST OF SETTING UP 10ACRES AND THE EXPECTED PROFIT.

Cost Analysis for 10 Acres of Oil Palm Plantation.

FIXED ASSET.
Presently, farm land (in a village) is around #150,000 per acre

10 acres will give (10*#150,000)

#1,500,000 (at rate of #150,000/ acre)

Let estimate #300,000 for land papers (Lawyer and surveyor)

Cost Of Land - #1,800,000.

A Palm seedlings (super gene) cost #1,200/Seedling.

60 stands of seedlings will stand on the farm land of 1acre of land at the distace of 9m x 9m x 9m ( triangle style).

If 60 will be on an acre of land, 10 acres will be;

60 x 10acres = 600 stands.

If a supergene cost #1,200

600 stands = 600 x #1200 = # 720,000

Cost of seedlings = #720,000.


VARIABLE COST.

Land Clearing - #100,000

Planting - #150,000

Fertilizer - #150,000

Weeding machine - #55,000 × 3
= #165,000

Harvester – -#200,000 (estimated)

Others – - #400,000

TOTAL COST OF PRODUCTION (TC) = Total fixed cost (TFC) + Total variable cost (TVC)

TFC = land cost + cost of seedlings

#1,800,000 +#720,000

TFC= #2,520,000

TVC = Land Clearing +Planting+Fertilizer +Weeding machine + Harvester + Others

100,000 +150,000 + 150,000 + 165,000 + 200,000 + 400,000

TVC = #1,165,000

TOTAL COST = TFC + TVC

= #2,735,000 + #1,165,000

TOTAL COST = #3,685,000.


PROFITABILITY IN OIL PALM FARMING

That there is gain in oil palm farming is not in doubt. Everything about the tree is money.
Supergene oil palm trees produces up to 7tons to 8tons in the first few years of production and can yield up to 50tons of red palm oil annually for an hectare of farmland when the trees are fully matured.

WORKING WITH 10ACRES FOR THE FIRST FOUR YEARS OF PRODUCTION.

2.5acres of land = 1hectare of land .

Therefore,
10acres of land = 4hectares of land
7 tons x 4 hectare = 28tons.

A ton of palm oil goes for #370,000 (Not constant)

#370,000 x 28 = #10,360,000

This is only for the red palm oil.
There are other products of the Oil palm tree like PKO,PKC, palm sledge,palm fond etc.

An hectare can produce 3 tons of palm kernel oil (PKO)

3 tons x 4 hectare = 12 tons
A ton goes for #400,000(Not constant)
#400,000 x 12 = #4,800,000

Palm kernel oil + Palm oil = 15,160,000

This estimate is just for the early years of production,With continuous increase in yield in the subsequent years, the revenue generated increase too without an increase in maintenance cost.

If this kind of money is realized from just 2 out of many other products, then you should know that going into oil palm farming business is the best decision to make. It can serve for retirement days and can be passed on to the next generation.


Please note that this is just a rough estimate, there could be a change in the figures as it depends on location.

At Vambedy farms,We offer you the best hybrid Malaysia Super genetic Seedlings and seeds.

Contact us for your Genuine Seedlings/Seeds.
We can also help you nurse your Supergene seedlings against planting period,with this you get your seedlings at Cheaper rate of #700/Seedling.

For more enquiry,details,farm setup and
Consultancy,
Please Call/WhatsApp 070(344)78(708)
Email: Vambedyfarms@gmail.com
CAC BN3134956.

Our farm is always open for visit and we are always available for Consultation.

7 Likes 1 Share

Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 12:56pm On Feb 24, 2021
Super genetic oil palm

Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 12:58pm On Feb 24, 2021
pretteemee:
Super genetic oil palm

Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 12:58pm On Feb 24, 2021
[quote author=pretteemee post=99379057][/quote]

Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by Always101: 4:59pm On Feb 24, 2021
Sir,
How many time can this super genetic oil palm be harvested in a year..That is;can the palm tree fruits and be harvested more than once in a year.

Thank you.
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 10:20pm On Feb 24, 2021
Always101:
Sir,
How many time can this super genetic oil palm be harvested in a year..That is;can the palm tree fruits and be harvested more than once in a year.

Thank you.


When its ripens the harvesting is done at interval of 10- 14 days until there's nothing to harvest anymore for that year.

1 Like

Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 7:12am On Feb 25, 2021
Contact us for your farm setup.
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 4:56pm On Feb 27, 2021
We also have all these in large quantity.
Budded Citruses (Orange seedlings)
Dwarf Coconut Seedlings
Guava Seedlings.
Grafted mango seedlings
Dwarf pawpaw seedlings.
Soursop.
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 7:33am On Mar 02, 2021
Good morning
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 2:43pm On Mar 16, 2021
Get hybrid oil palm seedlings for the raining season
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by steveyen(m): 8:37pm On Jun 12, 2021
Hi,

I do have some questions about the oil palm business
1. What is the marketability of all the produce? Is there always an uptaker for them or one need to do agressive marketing to get the produce sold.

2. What are the challenges in going into this?
3. The SWOT analysis ?
4. Can you please help in land sourcing that won't be affected by cattle rearers and herders and that can have access for easy produce evacuation ?

5. Is there any export opportunity for this business
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by Theophinio(m): 5:51pm On Oct 18, 2021
pretteemee:
Get hybrid oil palm seedlings for the raining season

Hi

Where are you based
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 4:38pm On Oct 19, 2021
Theophinio:


Hi

Where are you based

Ibadan
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 4:39pm On Oct 19, 2021
Theophinio:


Hi

Where are you based


Ibadan, apete Ibadan
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by Theophinio(m): 8:13pm On Oct 19, 2021
pretteemee:



Ibadan, apete Ibadan

Ok

Very good

How much for this supergene seedlings for now

I want to start first with coconut � plantation in Ogbomosho

I will get back to you when am ready
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 1:49pm On Oct 20, 2021
Theophinio:


Ok

Very good

How much for this supergene seedlings for now

I want to start first with coconut � plantation in Ogbomosho

I will get back to you when am ready


Supergene is N1000/ seedlings.
N700 if we are nursing for you against the raining season.
Hybrid Coconut is N1200/seedling.
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by Theophinio(m): 3:44pm On Oct 20, 2021
pretteemee:



Supergene is N1000/ seedlings.
N700 if we are nursing for you against the raining season.
Hybrid Coconut is N1200/seedling.

Have you planted hybrid coconut � for a client before.

Can you nurture the plantation for client at its infant stage

Please let me have your number, I need practical farmer, not internet farmers.

Though i have someone i wanted to buy coconut seedlings from, but i need to discuss with you first
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 5:23pm On Oct 20, 2021
Theophinio:


Have you planted hybrid coconut � for a client before.

Can you nurture the plantation for client at its infant stage

Please let me have your number, I need practical farmer, not internet farmers.

Though i have someone i wanted to buy coconut seedlings from, but i need to discuss with you first

We have established farmland.
A WhatsApp enabled line you can contact on
07034478708
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 7:16am On Jan 09, 2022
Book your Supergene oilpalms seedlings now
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 8:33pm On Jan 18, 2022
We are still receiving bookings
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by pretteemee(f): 4:39pm On Dec 06, 2022
This is another season to invest in oilpalm plantation.
We can help you establish your dream farm
Re: Cost And Profitability Of Oilpalm Farming(super Genetic) by Metrocruzer: 11:05am On Dec 30, 2023
Good morning. I have about 70 acres of farm land. But I want to start with 20 acres. What I want to do is that I want to plant oil palm tree as a form of fencing round a about the 20 acres. It is separate from the 50 acres. I need your opinion on this. I

(1) (Reply)

I'll Pay You N100,000 If You Can Teach Me How To Earn $10 / The Best Investments In Lagos, Nigeria Is Here! / Is Ximafx Limited A Scam?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.