nurey:


2022, local rubber moved from #350per kg to #500 per kg as at may 2022. Yes we were paying local farmers #500 per kilo for cup lump though price has come down now.

Yes rubber has challenge in raining season but you spend extra to protect your harvest also remember that if 1hectare gives you 200kg a week in dry season, in raining season its x1.5 or 2 without any extra input.

Rubber raw material has grade
1. Latex the liquid form
2. Lump (coagulated latex) the first raw material that is sold by all farmers.
3. Cake (processed lump) raw material for all other rubber materials. Tyre, shoes, bags etc. Cake was 8000 per bundle as a 2020 but we don't sell it locally

farem:


It seems you know so much about this rubber and the prospects. First time I am hearing someone talking about this.
I will like to know more on this. Thanks

nurey:
I would have adviced you plant Rubber (havea brasiliensis) but the land size though may be too small and you may not be patient enough [7years] to reap the fruit. But out of your choice, only oil palm would survive fire outbreak the rest you would have to start again.

Though for processing cashew is the easiest, just dry and sell or sell when fresh sef.

You can dry cocoa too but you can't process into high grade raw material for better profit, you need to look for processing factories for this.

Oil palm can be sold as banga or you can setup your own small processing factory guaranteed that you can get supply from other local farmers within your vicinity to not make your machines redundant when you dont have raw material.

nurey:


No .market for rubber who tell you that, there are buyers in Delta, Edo state, Ondo and Ogun state, rubber is so profitable that they even steal it.

Rubber is known as smelling money and has a long life span in its raw form

2hectares would get you about 1400 stands of trees with a good clone you are looking at around minimum 200kg per week at local price of very low #300per kg and high #500 per kg.

Note if you stimulate, you can get 200 to 300% yield per week.

Majesty33:
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.

godofuck231:
Been to Malaysia and I realise drum of palm oil costs more than a drum of crude oil , then I realised Nigerians are stupid dunkies

Wickedfacts:


They are talking about oil palm and cocoa, you're talking about pepper. You get sense so?

How many pepper farmers do you see riding Benz?
Cocoa farmers have been riding Benz before you were born.

Sweetplum:

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.

Ogunleti01:
That is one thing people dont know. Sofar so good i have made close to 1.2m from my platain farm alone from May 2021 -till date. The funniest thing is the plantain were planted to serve as shade for my cocoa. last year till date 52.45kg of cocoa in my area hovers around #90-94k. Do the math for just one tonne

Lesgupnigeria:

I am a farmer
We have cashew, cocoa and oilpalm plantations and I believe I am in the best position to advice him based on whats experienced on the field as per the 3 crops

nurey:


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

farem:


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

meobizy:
Do all three since you can’t make up your mind. They are all profitable. Oil palm will take the longest time since I saw in a documentary that it takes twenty years before the plants produce seeds.

I once schooled outside the country with the daughter of a cocoa magnate from Yoruba land. Guy, governor daughter no spend reach this girl. I can not imagine how industrial the scale of their operation was. It was exported out of the country so her old man was obviously paid in foreign income.

ZUBY77:
I planted Usdt on a small mobile phone.
I make your yearly profit on 2 days.
But then we must eat. So plant palm

Lesgupnigeria:
If you are looking to make good money,go for oilpalm
Out of the 3 crops;cocoa, cashew and oilpalm
Oilpalm has the highest value added index
You can process palm fruits into palm oil,palm kernel oil,sell the palm kernel shaft,make broom,etc
Its more capital intensive to process cashew,and cocoa to their respective other value added products.
You either sell raw cashew or the raw cocoa with no value added to it to make money.

2 hectare of raw cashew nuts will give you 1 ton at first commercial harvesting which is about 300k -400k
2 hectare of cocoa will give you about 800kg which is about N450k
2 hectare of oilpalm will give 10 tonnes of processed palm oil at let's say N800 per kg
10 tons is 10,000kg
Which is about N8m
So 2 ha of oilpalm farm will give you N8m
Now compare 8m to 400k and 450k cashew and cocoa will give you
Go for oilpalm!!!

godofuck231:
watin de wow you , you no go do your research and know the value ? De there , buhari is more updated than you, and that's a shame

Nigerfine3:

Oil palm of today’s world produce in about 3 years, one palm tree gives you almost 3 million per year! This translate to 25 to 30 million per year for 1000 palm tree

nurey:


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

wasuka14:


Hmmmm. Pls shield more light oo

Nigerfine3:

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.

Obascoetubi:
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?

Nigerfine3:

Oil palm of today’s world produce in about 3 years, one palm tree gives you almost 3 million per year! This translate to 25 to 30 million per year for 1000 palm tree

billyG:

PLS explain this your arithmetic.

Abojupupa:

How can one get seedlings from NIFOR? I'm interested in oil palm plantation.

billyG:

PLS explain this your arithmetic.

Agbalagbi2013:
Happy new year my dear Nairalanders. I recently acquired 2 hecters of land which I originally planned to use for cocoa (TC series) plantation. But the land agent adviced I plant cashew instead while a friend said it's more profitable if I plant oil palm (Supergene)

As we speak, I have not concluded on which of the 3 crop to cultivate for a small holder plantation of just 2 hecters.

Hence I decided to bring it here to seek your opinions. Your advise would be highly appreciated. Thanks in anticipation for your responses.

Nigerfine3:

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.

yinkeys:

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

farem:


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'?