Coffee Farming: Your Way to the Bank
November 17, 2008 by BizMind
Filed under Agribusiness
Coffee farming is a good money-making activity for Filipinos to undertake today. With competitive market prices, increasing coffee demand, and the availability of technologically-advanced farming expertise which are focused on improving yields and bean quality, Filipinos can depend on coffee as a source of livelihood and income.
One successful coffee farmer of today is Ben Herrera. After taking up coffee farming more seriously in the last two years, he now earns more as a coffee farmer than his usual salary as an accountant in Sultan Kudarat. Thanks to the free coffee farming seminar he attended at Nestlé’s Experimental and Demonstration Farm (NEDF) in Tagum City, Davao del Norte two years ago. He was able to transform his idle coffee farm into a profitable business in a short period of time.
Why coffee farming a good career alternative?
Here are the great reasons:
You can readily start coffee farming as it needs only a minimal investment. Labor and materials cost just around P40,000 per hectare.
You can earn as much as P98,000 per hectare, or more than double your investment starting on the third year after planting.
Unlike other crops, coffee farming requires little management. It’s actually easy because it is not full time. You don’t have to be at the farm everyday, as long as you have a trained farmer-in-charge and farm supplies are provided on time.
Philippine climate is really suitable for growing Robusta, which among the coffee varieties, commands the biggest demand locally.
It takes about 18 months for you to harvest your first fruits.
With proper management, the productive life of coffee trees could be 50 years.
Coffee is one of the most valuable commodities in the planet. It is the most consumed beverage globally, and is second only to oil as the most valuable commodity exported by developing countries.
Like Ben Herrera and other coffee farmers who are now laughing on their way to the bank, you too can earn good money from growing coffee.
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