How much would it cost to start up a rice farm

[eldavis]

Rice is a very popular and common food around the world, how much do you think it would cost to start up a local rice farm in your current location?

 

[Bisolami]

Rice is a very popular and common food around the world, how much do you think it would cost to start up a local rice farm in your current location?

I cannot say a particular amount of money but I know that it will be very expensive to start up a Rice farm.

 

[Chibson]

in this part of the world it cost a lot of money. Renting of land alone can take up large chunk of the money. So you should be looking at about 10,000 dollars upwards.

 

[Johnson2468]

Rice is a very popular and common food around the world, how much do you think it would cost to start up a local rice farm in your current location?

The exact amount needed to start a rice farm can not be opened to someone that is not into rice farming. But I will say the amount and everything needed to start a rice farm can be gotten from an expert

 

[eldavis]

in this part of the world it cost a lot of money. Renting of land alone can take up large chunk of the money. So you should be looking at about 10,000 dollars upwards.

You have a point though especially if you want to buy the latest equipment needed for it. Then you would also have to hire workers as well.

 

[Chibson]

You have a point though especially if you want to buy the latest equipment needed for it. Then you would also have to hire workers as well.

Definitely, That is a chunk of money there. The amount of money you will be spending will be very much. That is why the business is for people that have much capital.

 

[Shavkat]

I do not have any idea how much capital that needs to startup a farm. All I know that agriculture always gains profit but in a hard way though.

 

[Chibson]

I do not have any idea how much capital that needs to startup a farm. All I know that agriculture always gains profit but in a hard way though.

with about 5,000 dollars you can start a rice farm in this part of the world. But it will not be really much for large-scale purposes.

 

[uptrendfinancialsignal]

The size of the rice farm will determine the amount you're going to spend to establish one.

 

[Chibson]

The size of the rice farm will determine the amount you're going to spend to establish one.

Yes, the size of the farm will probably determine the amount of money You're going to spend to establish it. Another important thing is the location because there are some places where lands cost much more than the other. So you must put that into consideration.
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[Shavkat]

with about 5,000 dollars you can start a rice farm in this part of the world. But it will not be really much for large-scale purposes.

I guess it is a good deal to start it up with the amount of $5000. Honestly, I felt bad not to take the major related to agriculture during the university days. It was late to know that it is a good way to earn money in producing crops.

 

[Chibson]

I guess it is a good deal to start it up with the amount of $5000. Honestly, I felt bad not to take the major related to agriculture during the university days. It was late to know that it is a good way to earn money in producing crops.

Yeah, I think you can still get started now if you can be able to learn from people who are already into the business. Any kind of business that relates to agricultural is always profitable.