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Nairaland Forum / Nairaland / General / Agriculture / Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? (22115 Views)
Oil Palm Vs Cocoa Farming | Which Is More Profitable? / Oil Pam Vs Cashew Farming Comparison / 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 ObiaboAdoka(m): 9:45pm On Jan 05, 2023 |
Cashew is more profitable nd easy to maintain period. |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Sampacvelli(m): 9:46pm On Jan 05, 2023 |
Go for oil palm, intercrop it with castor oil seeds, sunflower oil seeds or any leguminous crop 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by DEMARCO1: 9:53pm On Jan 05, 2023 |
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Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Lordofalmajiri(f): 9:58pm On Jan 05, 2023 |
ZUBY77:How? |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Obascoetubi: 9:59pm On Jan 05, 2023 |
maiiilooo:I dey abocho in kogi state, many ppl has plenty cashew in their farm, plenty palm tree here but no cocoa,,,,,,,,,,,, many young guys wey dey do big cashew biz (buy plenty bags and sell) they get car, house oo 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by pragmatistm(m): 10:00pm On Jan 05, 2023 |
Lesgupnigeria:Great analysis from an informed fellow. I love this. 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by maiiilooo(m): 10:08pm On Jan 05, 2023 |
Obascoetubi:Nice ..I know abocho naa I stayed in emewe opada 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Xkay29(m): 10:09pm On Jan 05, 2023 |
My brother the three you mentioned are all good investment and profitable.My experience about the three investments depends on your commitment, patience and monitoring or maintenance. There are considerations you need to put in place before you venture in that kind of investments. Consider the area and the land you have gotten,palm and cocoa thrives well in a fertile land and mostly in a savannah area while Cashew grows best in mostly rocky or areas with not much water.There are Cashew species that produces nuts in three years of planting and cocoa takes like five years and also for palm. Just little explanation i could shear. 2 Likes |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Vatod(m): 10:15pm On Jan 05, 2023 |
Thinking of starting up a tobacco farm |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by SocialJustice: 10:15pm On Jan 05, 2023 |
Lesgupnigeria:Wow, and CPO can be refined further to produce vegetable oil and Margarine sachets. Just from 5 acres. 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Lesgupnigeria(m): 10:29pm On Jan 05, 2023 |
SocialJustice:Yes,right |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Lesgupnigeria(m): 10:30pm On Jan 05, 2023 |
pragmatistm:Thanks |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Gerrard59(m): 10:33pm On Jan 05, 2023 |
From my rudimentary knowledge, oil palm and cashew are the most profitable only if you utilise the entire value chain. That is where the money comes from. Oil palm has many derivatives, just like crude oil, that are in high demand globally (look towards export). In fact, I dare say cassava has greater potential than cocoa. In the end, focus on the numbers and how you can process them. The processing is where the money is not just the harvested crops. 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Venom11(m): 10:34pm On Jan 05, 2023 |
ZUBY77:Senior man, how I go fit use usdt make quick profit, like daily or even weekly? 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Obascoetubi: 10:35pm On Jan 05, 2023 |
maiiilooo:I thought u no be igala guy. |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by billyG(m): 11:05pm On Jan 05, 2023 |
The two hectares is small to make reasonable commercial profit.I would have advice u to plant rubber it will take more trees per hectare but has a long maturity period.7yrs weeding & clearing bush for 7yrs.no be beans. Oil palm will be good but you need to add value to 1st b4 money start rolling,a small oil processing factory would take at least #5m.besides it has a high maintenance cost. *Cashew is preferable it low in maintenance & processing cost. But less tree per hectare 400 trees.3years to fruiting.#600k/ton. harvest,dry,bag & sell *Cocoa is also advisable d most expensive cashcrops among d 3..#1.2m/ton. More trees per hectare:1100trees. Fruiting 2-3yrs. Easy to process: harvest,ferment,dry,bag & sell. Global demand more than supply even if 30 states in Nigeria is farming cocoa massively the global supply gap cannot be filled. Plantain & banana is another moneyspinner. 3 Likes |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by billyG(m): 11:12pm On Jan 05, 2023 |
gabbytabby:Use polythene to satchet it like Gino tomato. |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by ORAFA(m): 11:13pm On Jan 05, 2023 |
Obascoetubi:Who are you really? Why do you all have the same signature? And why do you all keep sending me emails to connect?
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Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Majesty33(m): 11:17pm On Jan 05, 2023 |
Why not add pawpaw to the list for quick income and within 6-7 months, u are already harvesting and selling to fruit juice factories. U ACN just create a space out of the five hectares to plant these pawpaw and u start making profit while u wait for your cashew and palm fruit. 2 Likes |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by billyG(m): 11:18pm On Jan 05, 2023 |
Wickedfacts:There is money in pepper farming ooo!go to the market & price a bag of pepper. |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Agbalagbi2013: 11:29pm On Jan 05, 2023 |
sircatherine45:I'm actually working on a personal pension scheme. Don't want to wait for my children before I pay my bills at old age. I'm 2 Likes |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by MorataFC: 11:36pm On Jan 05, 2023 |
Nothing beat palm tree, Bible also confirms it. 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Obascoetubi: 11:46pm On Jan 05, 2023 |
ORAFA:That was not me, i never send or I don't remember last time i D M on nairaland, where did u see me sending email? |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by sonety2k(m): 11:51pm On Jan 05, 2023 |
nurey: Reply |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by sonety2k(m): 11:51pm On Jan 05, 2023 |
nurey: Following 1 Like |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Nobody: 12:31am On Jan 06, 2023 |
JAMO4REAL1:Lol. Cocoa was like crude oil before and it's still the most profitable farming biz. Oil too is good but the quick cash you ll get in cocoa in a year is more than 5years oil palm. Except your biz no boom. 2 Likes |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by AreaFada2: 1:19am On Jan 06, 2023 |
Agbalagbi2013:These are the topics we want on FP, not Toke Makinwa's bum bum. Thank you. All three are good. Like many have already said, analyse soil for suitable crop. Cocoa is a delicate plant, not like the wild cocoa the Mayas/Ameridians once called food of the gods (Theobroma cacao) anymore. I love cocoa, but you must be passionate and patient. It's almost like breeding livestock. My people did cocoa for a couple of generations and stories around it abound. 1kg of cocoa is selling around N1,500 this season, depending on location. Not bad at all. Cashew and Cocoa are very vulnerable to bush fires. Depending on land size you have, ability to process it into oil, crack the kernel nuts or even press out the kernel oil, palm might be better. Palm has no waste. Everything in it can be used. The pressed cracked kernel provides meal that pigs eat. Cracked kernel serves as gravel for mud houses or used to fill earth road potholes, etc. Cocoa also has no waste. The broken cocoa pod is dried and burnt into ashes. When dissolved in water, and cooked with oil, it's excellent native soap. The ancient chemistry of local saponification. 6 Likes 1 Share |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by godofuck231: 1:21am On Jan 06, 2023 |
Been to Malaysia and I realised a drum of palm oil costs more than a drum of crude oil , then I realised Nigerians are stupid dunkies 11 Likes 1 Share |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by yinkeys(m): 2:24am On Jan 06, 2023 |
Agbalagbi2013: |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by yinkeys(m): 2:24am On Jan 06, 2023 |
godofuck231:Really Wow |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by Alcatel17: 2:26am On Jan 06, 2023 |
nurey: So where can it be sourced cheaply n resold in d states u mentioned dat has buyers?? |
Re: Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable? by nurey(m): 4:13am On Jan 06, 2023 |
Alcatel17: There are local rubber farmers in those states, meet them and discuss on buying from them but you need money to beat bigger buyers. Company collect and pay after a week, if you can pay immediately they deliver, you may have an edge, then you in turn sell to the companies at a marked up profit but have to wait a week b4 payment. Note rubber is being stolen too, ensure you do due diligence and not buy rubber from any source, middlemen majorly buy from people they have been to their farms and communities can vouch for, if you are caught with stolen rubber nah big wahala 2 Likes |
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