• Profile picture of Francis Akenami

    Francis Akenami posted in the group Ranching in the Tropics

    1 month ago

    Oil Palm Farming vs. Other Cash Crops:

    A Comparative Profitability Analysis
    You might be wondering, “Why oil palm farming when there are other cash crops?”

    Let’s break it down. Compared to other crops like cassava, maize, or cocoa, oil palm farming offers a much higher and more consistent return on investment.

    For example, cassava has a shorter lifespan which requires replanting every season.

    Maize offers quicker returns but is highly dependent on market prices.

    On the other hand, oil palm trees produce for up to 50 years and more, which means that when you plant once and harvest for decades.

    Come to think about the income, the high profit margin in oil palm farming is far beyond so many other crops you could think of.

    This is because of its global high demand and its usefulness across different industries.

    When you consider that palm oil is always in demand locally and globally, it will help you to understand that the price per liter can only continue to increase year after year.

    Oil palm farming is not just a short-term gain – it’s a long-term, sustainable source of wealth.

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