If okay, he or she cuts the bunch at the base of the stalk when it drops down to the ground. leading agriculture-based company that will be supplying palm and coconut and Human Resources Plan, 4.4 Maintenance If you have vacant farmland and want to start with a coconut farm business, then the best time is now. PROFITABILITY OF COCONUT FARMING On how to become a successful coconut farmer, the Deputy Managing Director of Peniel Gerar International Limited, Ojiefoh Enahoro Martins, said that the potential in coconut farming is huge as export market for the product is increasing everyday, according to Sun News Online.. Mr. Ojiefoh continued by saying the cost to set up a coconut farming business … Coconuts can thrive even if some other plants are growing nearby. and Security Department, 5.2 Estimate Coconut planting should be done at the onset of the rainy season, but the growing of coconut seedlings should first be done in the nursery. You can consider cocoa cultivation with other crops like coconut or arace nut to get the maximum profitability from a particular area of land. Use of modern After I have obtained a promising job in Dubai, I bought the same coconut farm that we were tending from my Aunts. It is here as a guide. In a predominantly coconut farming province, you can find copra buyers in each town or city. See Also: How To Start A Lucrative Cocoa Farming Business In Nigeria: The Complete Guide. will also be produced in large quantities. These products constitute the main element of every day is a member of the palm tree family (Arecaceae) and the only known living species of the genus. The term “coconut” can refer to the whole coconut palm, the seed, or the fruit, which botanically is a drupe. You should know that there are two major methods of harvesting coconut. Sorry, your blog cannot share posts by email. All you have to do is request an understanding of your proposed business model, and you’d have a professional MBA standard business plan ready for you in anywhere from 5 to 14 days. How To Start Coconut Farming In Nigeria Or Africa: The Complete Guide | Image Source: Pexels. Change ), You are commenting using your Facebook account. Tiwa-N-Tiwa Microfinance Bank. Get free research project topics and materials for postgraduates and undergraduates in Universities and Polytechnics in Nigeria. For as long as a coconut tree is up and standing, all you need is to give it some time to recover. of Net working Capital. An adult coconut tree requires relatively low maintenance. I want to know how to start a lucrative Stevia plant business. It never fails to give us profit except when being hit by a typhoon. To maximize the use of your farmland, intercropping is an intelligent move. large market for palm and coconut produce, fish and poultry products both The proposed Palm Tree Plantation, Coconut The term “coconut” can refer to the whole coconut palm, the seed, or the fruit, which botanically is a drupe. Jundril Colita is a Filipino expatriate based in Dubai. You can visit our website at colibers.com, where you can have a chat with me (just select Contact Us), and I will be more than willing to entertain your questions regarding this post and e-commerce. I don’t even mind leaving my work to start learning about it. The coconut seedlings should be between 8-10 months old before transplanting them to the permanent coconut plantation farmland. Hello sir, could you please link me up with any coconut farmer if you know. See Also: How To Start A Lucrative Barley Farming Business In Nigeria: The Complete Guide, You can now greatly increase your chances of geting the loan/investment you need with our bank and investor ready professional MBA standard business plan writing service. However, copra is the primary product of coconut. The mission of the company is to be a With the growing global demand for coconut oil, water, and other by-products, Nigeria is losing potentially over $1 billion yearly from the untapped coconut farming industry. Coconut farming is the complete process of Coconut cultivation for both local consumption, commercial uses, and exportation. Coconut water on average contains 94% water with around 46 calories a cup, A coconut tree can have up to 180 coconuts harvested during a single harvest. rapport with our customers so as to enhance their satisfaction. After drying, we placed it in a pit, burned it, and covered the hole with a banana sheath before the shells get burned entirely. You can click here to get started with using StartupTipsDaily’s professional business plan writing service to create the perfect business plan that’d get accepted anywhere. Rearing of poultry products food. Post was not sent - check your email addresses! In the case of my farm, we have a caretaker who is looking after it. constant training for workers so as to make them relevant in the environment. locally and internationally considering the several products obtainable from these During rainy days, sun drying can be a bit challenging. food in Nigeria because no household can survive without palm oil, fish and Coconut farming business is an evergreen income source. In our case, we dry copra by smoking it in a specialized copra dryer hut. A very old coconut tree bears fewer fruits. ( Log Out / The prices of Based on the foregoing, these aspect of farming is Provision of Writing a bank and investor ready professional Coconut farming business plan can be challenging. Matured nuts are harvested immediately you notice one of the nuts is drying up. In Leyte, where my farm is located, copra buyers are even present at barangay levels. Thanks, Your email address will not be published. So, financial planning is essential in commercial farming. The farm will be located at 31, Tako processing companies, restaurants and so on. But if you want a less hassle crop, then plant bananas. Then make sure that the selected farmland is properly cleared. Having spent 17 years of my life on a coconut farm has given me a thorough understanding of copra productions. The largest producers of coconuts are Indonesia, the Philippines, and India. Mature nuts are also easy to identify by the brown colouration of their epicarp. See Also: How To Start A Lucrative Cotton Farming Business In Nigeria: The Complete Guide. hybrid and better species of palm and coconut seeds. As I suggested, it would be better for cross-cropping to get some other source of income out of your farm. starvation and the need for increased production of food in Nigeria.