Between cocoa farming and oil palm farming, which is more profitable?

[Niyi Briggs]

The two crops are cash crops that are highly lucrative. They can be exported or sold locally.

Between the two crops, if profit maximization is the goal, which one would you choose or advise someone to choose?

 

[relcap23]

It depends on the demands of your place. Cocoa maybe more lucrative because there are varied uses for the product and small production can be marketed easily.

 

[hastral45]

Both of them are profitable. They are essential cash crops that one could divest in. They are good businesses.

 

[Passiveearner]

The two crops are cash crops that are highly lucrative. They can be exported or sold locally.

Between the two crops, if profit maximization is the goal, which one would you choose or advise someone to choose?

I would go for cocoa farming because I think that the demand of chocolates is quite high in many places.

 

[Shavkat]

I joined in with the idea cocoa farming is the more lucrative than the palm farming. For the reason that chocolate production is in demand from different places in this world.

 

[flower]

Both cocoa farming and oil palm farming are very lucrative business but it seems the oil palm farming would be more lucrative nowadays.

 

[uptrendfinancialsignal]

I can't really see the one that is more profitable between both. I think the amount of sales you are able to generate would be the determinant.

 

[Magnus2022]

Palm oil is more profitable and always in demand than cocoa. Palm oil have multi uses and always in demand. I have 10 plots am planning to plant palm seeds next year. Palm oil is what is empowering Malaysia and other African countries.

 

[Heatman]

The two crops are cash crops that are highly lucrative. They can be exported or sold locally.

Between the two crops, if profit maximization is the goal, which one would you choose or advise someone to choose?

If I have a means of exporting one of the product I'm going to have to choose cocoa farming because it is more profitable from exportation than palm oil business.

 

[Bisolami]

The two crops are highly lucrative cash crops. They can be exported or sold locally.

Between the two crops, if profit maximization is the goal, which one would you choose or advise someone to choose?

Cocoa is highly lucrative because we take beverages a lot and they are made from cocoa

 

[Reedex]

Cocoa is highly lucrative because we take beverages a lot and they are made from cocoa

I know that coco was very lucrative in the past but I don't know the profitability of this business now but I'm very sure of the oil palm is very profitable because it is used by each and every household and if you produced in large quantity for export, then it's a milestone.

 

[eldavis]

What you should look at is your location, in your current location, what do people demand more of? Like in my current location oil is a more popular demand than coco.

 

[flower]

Cocoa is highly lucrative because we take beverages a lot and they are made from cocoa

Cocoa would be very lucrative because it is used by every household and it is a raw material for so many things which makes it a versatile seed that could bring in enough profit for the farmers.

 

[Stardom22]

For me I go for the palm oil. This is because palm oil has already have a ready market and is almost a like a hotcakes in my country compared to the Cocoa which is used by some few individuals therefore no market for it

 

[uptrendfinancialsignal]

I don't like to choose the one that will be more profitable because both are very good investment.

 

[Bisolami]

I know that coco was very lucrative in the past but I don't know the profitability of this business now but I'm very sure of the oil palm is very profitable because it is used by each and every household and if you produced in large quantity for export, then it's a milestone.

Cocoa is more profitable
They atoll use cocoa for beverages. It is highly lucrative.

 

[uptrendfinancialsignal]

Cocoa is more profitable
They atoll use cocoa for beverages. It is highly lucrative.

I still believe that the market of these produce matters a lot.

 

[Niyi Briggs]

The truth about these agricultural products is that there is a sure market for them and it is not location sensitive. If you like, have cocoa or palm oil in the innermost part of the world, people that deal in it would still come and buy.

 

[uptrendfinancialsignal]

The profitability between the two plantation could also be decided by the size of the farm.

 

[Reedex]

The profitability between the two plantation could also be decided by the size of the farm.

You have a very valid point because a oil palm plantation with a large farmland would make more profit than cocoa plantation with a small farm land.