5000 Baht from 3.5 year old trees. About 30 rai cut. Think price is between 4 and 5 Baht/Kilo now. Hoping that this should grow to a more acceptable figure in the next 12 to 18 months.
5000 Baht from 3.5 year old trees. About 30 rai cut. Think price is between 4 and 5 Baht/Kilo now. Hoping that this should grow to a more acceptable figure in the next 12 to 18 months.
Trees of 3.5 years is not really harvesting yet, it's more cutting off the FFB's as part of maintenance. You gotta be patient, at the age of 4 to 5 years you can be talking about harvesting. Patience mate, it's agriculture, it takes time for the trees to mature and good maintenance is a must. Also be there, drive the damn things to the wholesaler yourself. You know where we all live, right ? So very few can be trusted, it's very easy for the workers to "forget" some FFB's if you are not around.
You think the price is ??? The price is 4.50 to be exact, seems like you do not really know what is going on in your plantation? If you want to make money out of it, you will have to be there or they will rob you blind.
Die boer het gepraat
4 years would mean not waiting too much longer I suppose
Thought it could be interesting for anyone considering this to know that so little money return even after 3+ years.
So this mean 3 - 4 years need work and almost no come any money. Ok, i still planning put Oil Palms next year.
Well we cut 18 rai yesterday, price was 4.60 and we got 6750 kilo. Today we'll cut the other plot of about the same size.
Other plot done 4750 kilo @ 4.40/kilo. Patience farmers, the time will come, give your trees time to grow, fertilize them not twice/year but spread it out over 4 times/year, mow the weeds and good harvests will be coming your way . Lat but not least talk to your trees.
POThailand, if you got the answers for your questions is their much point to this thread?
Questions to the growers. What currently happens to the fruit bunches after processing? And does anyone press CPO on farm?
After processing you could use them as natural fertilizer but since they end up at the factory us growers never see them again, so not really sure what happens to them. Don't know of any farmers producing their own oil, but could be done if you have the installation for it.
messy business
Whats happening the price of Palm ? Down to below 3 baht now
Palm oil, the world’s most-used cooking oil, has slumped as demand slowed from importers including China and the European Union, and stockpiles surged because of an increase in production.
Palm Oil Set for Biggest Drop in Four Years on Stockpiles - Bloomberg
just another example of a bubble
everyone was shouting about how wonderful palm oil trees were and how much you can make with little effort
so everyone went out and ripped up their ricefields/jungles/rubber and planted Oil Palms
just when their trees are about to bear lots of lovely fruit, the price slumps....
I have reported your post
As it is a commodity prices fluctuate, this isn't the first time prices have dropped. We sold last Friday at 3.50, Saturday it was at 3.00. Prices will go back up, have seen this before, no reason for panic
Rubber is low as well, and pretty soon no tapping for 4 months coz of dry season, then when it rains too much again no tapping..... I'll stick to palm.
Not the first or the last prices will drop. It's the nature and risk of farming.
Indeed, I won't lose any sleep over it, it's part of the business and of course have not put all eggs in one basket. Mind you, would I be happier with 6 baht a kilo, fuck yeah..... But since there isn't a thing I can do about it I won't be enjoying myself less or as my Thai neighbours no doubt will do, is fertilizing less, then in a couple of months prices are up but their yield is down due do inadequate fertilization, gotta love their way of thinking.
Yep. End of the day it's all about maximizing yield. Prices vary day to day. Can't control price but sure can control yield.
We don't have oil but have rice, tobacco, cane and a bit of fruit. Price of one drops another goes up.
That's the way to go, we only have palm, but then have income from rental properties.
Forgot to mention. Don't really make any money big on any of it.
We have lime trees also. Both palm and lime are too young at this stage to be making good money. Learning alright that the fluctuation in Palm is quite drastic. Think it was about 9 Baht/kilo at one stage last year.
Right, we have seen prices of 9 to 11 baht but that was due to flooding which caused for a shortage of palm, average 4 to 5 baht is a realistic price. Let's see what the coming weeks will bring us.
Back to about 2baht/kilo !! Lovely.
actually...that last price was wrong...FFB sold at was 2.8 baht/kilo last week.
yep we sold 2 days ago at 3 baht/kilo and low yields due to drought
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