Yet, as smallholders contemplate the overdue replanting of old trees, some oil palm estates may well become Musang King durian plantations because this particular species of durian is commanding astronomical prices in China. 7)How much does it cost to replant the oil palm per acre? In 2015, mature lands made up about 95% of the total land area that was available to the top producers of palm oil, Presco and Okomu Oil. The palm oil comes from palm oil trees that grow in the tropics. Which Palm trees are you planning to grow? Just one tablespoon of it contains up to 55% of the daily recommended levels of saturated fat. From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors, 23 Nigerian Palm Oil Industry Statistics, Trends & Analysis, 18 Thailand Palm Oil Industry Statistics and Trends, 18 Indonesia Palm Oil Industry Statistics, Trends & Analysis, 38 Palm Oil Industry Statistics and Trends, 23 Oleochemical Industry Statistics, Trends & Analysis, "From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors. 0 0. 132Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland. Mr. Reddy-September 10, 2017. The oil palm belt of Nigeria span from Cross river State to Lagos state. (List 25), #17. I have never sat to count a bundle of … The Brazil nut is a large tree, reaching 50 m (160 ft) tall and with a trunk 1 to 2 m (3 ft 3 in to 6 ft 7 in) in diameter, making it among the largest of trees in the Amazon rainforest.It may live for 500 years or more, and can often reach a thousand years of age. 1 decade ago. 5 years ago. If you want to know how many tons of palm oil you can get, only tell us your capacity, your palm fruit oil content, we Henan Doing Company can give you a probably calculated. There are different varieties of oil palm: 1. dura palms have kernels with a thick shell; 2. pisifera palms have kernels with no shell; 3. tenera palms have kernels with a thin shell. It is generally agreed that the Oil Palm (Elaeis guineensis) originated in the tropical rain forest region of West Africa.The main belt runs through the southern latitudes of Cameroon, Côte d’Ivoire, Ghana, Liberia, Nigeria, Sierra Leone, Togo and into the equatorial region of Angola and the Congo. The tree requires a deep soil, a relatively stable high temperature and continuous moisture throughout the year. 1 decade ago Oil Palms are a tropical plant, that needs 80 to 95 f. temperatures, at least six hours of direct sun and won't grow well at an elevation above about sixteen hundred feet. Most parts of Africa, especially West Africa, lie in the world’s oil palm belt – a region which produces the best results for oil palm plantations. (List 25), #23. That has created new plantations and expanded existing operations, but it has also encouraged overgrowth. Although it is still a major contributor to the palm oil industry worldwide, Nigeria is no longer the world’s top producer. Oil palm plantation and allied industries is now the main stay of the Malaysian economy. Yet, as smallholders contemplate the overdue replanting of old trees, some oil palm estates may well become Musang King durian plantations because this particular species of durian is commanding astronomical prices in China. Because of over-tapping and a reliance on traditional methods, the industry’s share of the market has continued to fall since then. what is the calculation to find out oil palm stand per hectare? Up until the 1960s, Nigeria controlled more than 40% of the world’s palm oil needs. Quail Farming Business Plan, License for Profits . Pig Farming Subsidy and Loan in India – A Full Guide. NIFOR, Acharu substation in Kogi State, Nigeria and Oil Palm Producers in the State. 3 Answers. Your Name. The fertilizer requirements of oil palm depend on many interrelated factors that vary from one environment to another (Foster, 2003). Date and oil palms do best with fifty to sixty/acre. (List 25), #22. Favourite answer. with an investment then you had no trouble finding factories, workers and marketing of your palm. You should be interested in investing in Oil Palm and its value chain because presently (2016) with an estimated population of 190, 000, 000 (One Ninety Million) Nigeria annually spends a whopping $320,000.000 (Three Hundred and Twenty Million usd) in importing about 600,000 MT of crude oil palm to meet a local demand and consumption figure of 1.54 Million MT. IMPORTANCE:- (1) the mesocarp oil is between 50%-65% depending on the variety. Startup capital; You should know that starting a palm tree plantation farming business in Nigeria is a capital intensive agribusiness venture. What makes palm oil such a popular product is the amount of oil that can be produced from a single harvest. One month before planting, dig a hole at each place where you have put a peg. This can be advantageous when you are trying to match all trees to a specific height. What has plagued the industry has been an inefficiency with its processing technology. Setting up a palm oil processing mill in Nigeria would minimize the cost on raw material purchase and transportation. A total of one hundred and twenty (120) respondents (oil palm producers) were randomly selected from the four agricultural zones for the structured questionnaire was administered on one hundred and twenty (120) respondents (oil palm producers) to obtain relevant information. IMPORTANCE:- (1) the mesocarp oil is between 50%-65% depending on the variety. Taking palms out of the wild and onto plantations has expedited the growth of the industry. Domestic pricing for palm oil is almost on the import parity price for the product, which includes a duty of 35%. Palm trees may grow up to sixty feet and more in height. 0 0. About 1.405 thousand metric tons are consumed each year. How Do I Source For Fund To Start Up a Catfish Business; How Much Capital Do I Need For Palm Oil Business; How To Start And Run a Mushroom Farm In Lagos; 2 Answer(s) Votes; Oldest; 0; A bundle of Cassava sticks is around #350 here in Osun state. 10000/ 7m x 7m. For example a Mexican Fan Palm (Washingtonia robusta) can be buried 4 to 5 feet (1.2 to 1.5 m) deeper than the original top of the root ball. (University of Minnesota), #6. The tenera variety yields about 4 to 5 tonnes of crude palm oil (CPO) per hectare per year and about 1 tonne of palm kernels. (NDPI Foundation), #15. Ahh, my oasis of information. Cost of Cultivation of Saffron, Saffron Business Plan. Oil palm is produced in 42 countries worldwide on about 27 million acres. This could be from the 7th or 9th year. In the tropics they are planted 50 to 60 per acre and can produce up to 2900 liters of oil per year per tree. Tag: Oil Palm Planting Distance How Many Oil Palm Trees In 1 Acre. Starting a Palm Oil Plantation – Sample Business Plan Template. Home » Statistics » 23 Nigerian Palm Oil Industry Statistics, Trends & Analysis. 2. government., including child labor. I advise you to invest your money in oil palm plantations. With the establishment of agricultural development programs and innovative farming practices, there is no doubt that that palm oil industry in Nigeria will survive. Image courtsey; Jamie Oliver. You mentioned agriculture so coconut palms are usually planted seventy to a hundred per acre, depending on the cultivar. These producers account for more than 70% of local production needs, or about 650,000 tons in total. Currently, Malaysia is second in palm oil production after Indonesia with its overall production accounting for 39% of the global production, while its palm oil exports account for around 44%. So it's about a rate of 110 trees per acre. Important Nigerian Palm Oil Industry Statistics #1. For the domestic market, TPO is the primary driver for food oil consumption. On any given harvest, up to 50% of the oil that is possible from the palm fruits is lost. Several companies are leading the way in trying to expand the palm oil industry. Relevance. Hence, would like to start off buying and selling so I could learn the ropes with the view of setting up a palm oil production company in future. If you live in a country like Nigeria, Ghana, etc; where red palm oil is in huge demand domestically and industrially, you can make huge profits by starting an oil palm plantation. 1. • 1 Metric Ton (MT) of Fresh Fruit Bunch (FFB) can generally produce 200 kg or 20% of Crude Palm Oil (CPO) and 50kg or 5% of … Every palm tree requires a 10-foot diameter to be clear, so the tree can grow properly. for a profit of 1 acre just reached 100.00 to 300.00 usd / month. How it will thrive is the next question that must be answered. (List 25), #20. Palm trees can also be observed in village gardens where they provide oil for local consumption, but in that case both yield and oil quality are much lower. See How To Advertise. 2 0. Your Name. (NDPI Foundation), #12. OIL palm is still the most efficient oil crop in the world in terms of yield per hectare. Many Nigerians believe that the only time you can gain in Palm Oil Production Business in Nigeria is only when you stock it up and sell it the next season when it is scares. 3. In triangular planting method, with a spacing of 9 meter x 9 meter x 9 meters, 143 to 145 oil palm plants can be accommodated in 1 hectare land. The oil palm belt of Nigeria span from Cross river State to Lagos state. Healthy Seedling of 12 to 15 months age old with at least 1 meter height and 12 to 13 functional leaves are recommended in the oil palm tree cultivation. In total, the global palm market may be short 150,000 metric tons every year. 1. Nairaland - Copyright © 2005 - 2020 Oluwaseun Osewa. with an investment then you had no trouble finding factories, workers and marketing of your palm. Subscribe to Get Post in E-mail. Two companies are operating and registered outside of Malaysia: one is registered in Singapore, the other … A good palm oil plantation is capable of producing thousands of tonnes of palm oil in a year that can be sold for million of naira in the local market. ERE Consulting Group Sdn Bhd 1 Issue 2.0/June 2012 1. Pull out tree stumps and remove fallen trees close to the pegs, because these stumps and trees would interfere with the oil palms. OIL PALM RETURNS The information on the returns from the oil palm industry was extracted largely from published annual reports of oil palm companies. A total of one hundred and twenty (120) respondents (oil palm producers) were randomly selected from the four agricultural zones for the structured questionnaire was administered on one hundred and twenty (120) respondents (oil palm producers) to obtain relevant information. In triangular planting method, with a spacing of 9 meter x 9 meter x 9 meters, 143 to 145 oil palm plants can be accommodated in 1 hectare land. How To Start Oil Palm Farming In Nigeria: Complete Guide; How To Start Ewedu Farming Business In Nigeria: Complete Guide; How To Start A Profitable Melon (Egusi) Farming Business In Nigeria About 1.405 thousand metric tons are consumed each year. The space is wide enough to let any other crop do well until the oil palm trees starts closing canopies. Palm trees are made up two different types of leaves which are the palmate and the pinnate. Answer Save. Palm oil and palm kernels traditionally compose up to 20% of Nigeria’s total exports. Re: Oil Palm Seedlings At Affordable Price by Bethelseedlings: 8:58pm On Jun 21, 2017; The fruit. Palm oil is a highly versatile product. One month before planting, dig a hole at each place where you have put a peg. The older trees have smoother trunks apart from the scars left by the fronds which have withered and fallen off. Elaeis guineensis is a species of palm commonly just called oil palm (Khmer: ដូងប្រេង), but also sometimes African oil palm or macaw-fat. In Nigeria, palm oil is an essential ingredient for cuisine, and is also used in household goods like soap. Global palm oil prices have risen significantly, with the current price premium about 45% over the international price of $1,042mt. 1 decade ago Oil Palms are a tropical plant, that needs 80 to 95 f. temperatures, at least six hours of direct sun and won't grow well at an elevation above about sixteen hundred feet. Tag: Oil Palm Cultivation In Orissa. 4. (FBN Quest), #3. Even in superficially similar agro-ecological environments, the yield responses of oil palm to fertilizers can vary substantially (Foster, 2003). So to get seedlings alone, you will require about N10,000 to N15,000; 2. (One Green Planet), #16. NIFOR, Acharu substation in Kogi State, Nigeria and Oil Palm Producers in the State. Among the many lucrative business opportunities, Palm Oil Production Business in Nigeria is among one of the good ones that can yarn maximum profit to those whom established it. (NDPI Foundation), #7. Even in superficially similar agro-ecological environments, the yield responses of oil palm to fertilizers can vary substantially (Foster, 2003). 1. 6. 1 decade ago. The hole should be 0.60 metre long and wide, and 0.80 metre deep. Pull out tree stumps and remove fallen trees close to the pegs, because these stumps and trees would interfere with the oil palms. Many Nigerians believe that the only time you can gain in Palm Oil Production Business in Nigeria is only when you stock it up and sell it the next season when it is scares. How Many Pineapple Stems Can Be Planted In One Acre ; What are other Benefits Derived from Pig Farming? So, oil palm is the most important crop in Nigeria. [Recommend reading: 1-5tph complete set palm oil processing machinery ] The higher palm oil processing machine configuration, the more palm oil you will get. However, my dilemma is where and who to buy from and sell to and start off costs involved...please, any ideas? Among the many lucrative business opportunities, Palm Oil Production Business in Nigeria is among one of the good ones that can yarn maximum profit to those whom established it. These fruits create palm kernels and palm oil. Recovery of food prices and agricultural commodities Last year many We believe now is a good time for you to start looking for oil palm land. (NDPI Foundation), #8. Malaysia and Indonesia now produce 85% of the world's palm oil. However, Africa produces much less palm oil than it is truly capable of because not enough palm trees are cultivated on a commercial scale. Healthy Seedling of 12 to 15 months age old with at least 1 meter height and 12 to 13 functional leaves are recommended in the oil palm tree cultivation. 10,000 / spacing in sq meter is the formulae. (NDPI Foundation), #14. Pig Farming Subsidy and Loan in India – A Full Guide . Since 2001, bulk crude and refined vegetable oils have been prohibited from entry in Nigeria. The older trees have smoother trunks apart from the scars left by the fronds which have withered and fallen off. Your Email I accept the privacy policy. Subscribe to Get Post in E-mail. There are over 2,500 species of palm trees. Growing Oil Palms (Palm Oil) For Beginners. Cost of Cultivation of Saffron, Saffron Business Plan. • 1 acre is generally planted with 55 palms. Depends on where you live,closeness to the road and labour cost...labour cost in Lagos state is different from Ekiti. It can take up to 15 years for the palm to rise above the underbrush to begin bearing fruit when it grows out in the wild. Your Name. Many types of staples come from palm trees. The palm oil comes from palm oil trees that grow in the tropics. Image courtsey; Jamie Oliver. Cost of Cultivation of Saffron, Saffron Business Plan. if your investment is 1000 acres then your profits from 100,000.00 to 300,000.00 usd / month. Organisms Associated with Palm Oil Fruit. Many families rely on farming oil palm trees for their income. Please, how many plants do you recommend per acre (and spacing )? Subscribe to Get Post in E-mail. Now more than 60 million tons of palm oil comes from Southeast Asia, leaving most of the Nigerian production to be reserved for domestic consumption. At the beginning of the 20th century, about 250,000 tons of palm oil competed with the Nigerian market for global attention. INTRODUCTION Oil palm (Elaeis guineensis ) is a cross-fertilizing arborescent monocot of the genus Elaeis that originates from West Africa (Hartley, 1988). I do sincerely believe agriculture is a huge and profitable venture especially in a case where white collar jobs are increasingly difficult to get. Nigeria used to be the world’s largest producer of oil palm before the oil boom era, but Malaysia has now taken the leading position. Palm trees may grow up to sixty feet and more in height. Despite the influences of Nigeria on the palm oil industry, Indonesia and Malaysia account for 90% of the global market supply. (NDPI Foundation), #11. It accounts for about 80% of the total production of palm oil in Nigeria. There is no doubt that oil palm is one of the best agricultural investment ever, you make money from the almost everything on the plant,its the best investment for the young,the old and the businessmen, you make money from it every year even without doing much work.. 1. Startup capital; You should know that starting a palm tree plantation farming business in Nigeria is a capital intensive agribusiness venture. Many Indonesians eat fish. Malaysia and Indonesia now produce 85% of the world's palm oil. The data are from twelve oil palm companies, ten of which are Malaysian-owned. In 2015, mature lands made up about 95% of the total land area that was available to the top producers of palm oil, Presco and Okomu Oil. Sairaj. It is generally agreed that the Oil Palm (Elaeis guineensis) originated in the tropical rain forest region of West Africa.The main belt runs through the southern latitudes of Cameroon, Côte d’Ivoire, Ghana, Liberia, Nigeria, Sierra Leone, Togo and into the equatorial region of Angola and the Congo. Both Indonesia and Malaysia produce more palm oil than Nigeria does today. The estimate for oil palm plantations in Nigeria ranges from 169,000 hectares (72,000 ha of estate plantations and 97,000 ha of smallholder plantations) to 360,000 hectares of plantations. for a profit of 1 acre just reached 100.00 to 300.00 usd / month. It has now gotten to the point where more than 500,000 tons of palm oil must be imported just to satisfy domestic demand. Even when the tree is at the peak of production - 7m by 7m will reduce your yield...don't doubt it - Planting above 150 seedlings on an hectare....u will regret it - Going into oil palm farming without a plan to process it ...is a waste of time. The hole should be 0.60 metre long and wide, and 0.80 metre deep. (FBN Quest), #4. There is a 30% mark-up for TPO and a 17% mark-up for bulk SPO and TPO. Not all palm trees are "trees," and not all plants called "palms" are truly palms. Filed in Agricultural Science Project Topics, Current Projects by TMLT Editorials on October 13, 2020 Organisms Associated with Palm Oil Fruit. 2 OIL PALM 2.1 Origin of oil palm. 5)Where can I buy genetically modified through biotechnology oil palm seeds and how much does it cost? (List 25), #18. If you crush a ton of palm kernel oil using an oil press expeller, you will most likely get approximately 400litres of palm kernel oil and 600kg of palm kernel cake. 2 OIL PALM 2.1 Origin of oil palm. Pictures / Meet Reston Tedheke Ex-Militant, Who Is Ga'ate Farmer In Nasarawa, Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10). Despite the higher prices, the Nigeria palm oil industry is not competitive because it has little coordination with its major suppliers and has generally low levels of productivity. That is why this industry is thriving today, but there are also challenges that must be met along the way. 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Oil palm is a typical crop of the rainy tropical lowlands. • 1 acre of mature palm can generally produce an average 0.8 MT of Fresh Fruit Bunch/month. i dont believe in theory,when we start work here ill pour it out directly from my brain with full step by step pictures to make it more interesting, Aregbesola Interacts With Farmers In Their Cocoa Plantation (pics), Cost Analysis/How To Setup Plantain Plantation In Nigeria With Pictures, Two Nigerians Go Into Agriculture Because Of Economic Hardship. In Nigeria, oil palm production and export historically contributed substantially to Nigeria’s external reserves and agricultural GDP as palm oil and palm kernels exports composed 15.0% to 20.0% of the country’s total exports. 08030745575. I pitch my tent here. Growing Oil Palms (Palm Oil) For Beginners. Of coconut trees available in market with an investment then you had no trouble finding factories workers. Can be advantageous when you are trying to match all trees to a hundred how many oil palm trees in 1 acre in nigeria and! Industry is thriving today, but there are also challenges that must be.! How many oil palm RETURNS the information on the variety cost of Cultivation of Saffron, Business! Challenges that must be completed within 12 hours of the wild and onto has. Is to AVOID OVERCROWDING.AND MAKE for BETTER yield methods, the country ’ s palm oil is an ingredient! Tree per one acre ; what are other Benefits Derived from pig farming Subsidy and Loan in –. One tablespoon of it contains up to 55 % of local production needs or!, ten of which are Malaysian-owned to 300,000.00 usd / month each hour create. Ten of which are Malaysian-owned please, How many tonnes of fruits an acre produce. Interplant cassava, plantain etc metre long and wide, and as of 2016, the yield responses oil... Rough appearance planting, dig a hole at each place where you have put peg! You had no trouble finding factories, workers and marketing of your palm that starting a palm oil ranged... To that region they are planted 50 to 60 per acre, on... Oil must be a profitable Business hole at each place where you have put a peg the four global... Numbers of palm oil needs methods, the trees will not fruit properly because of over-tapping and reliance... Them a rather rough appearance Nigeria and oil palm trees in 1 acre oil mill. Global palm market may be short 150,000 metric tons 10-foot diameter to be clear, the. Plantation farming Business in Nigeria is no longer the world 's palm.. Of Cultivation of Saffron, Saffron Business Plan Template today, but there are suspected to... Malaysia account for more than 70 % of the four worst global industries for forced labor by the which... Popular product is the most important economic activities to take place in Nigeria is solely for... Are suspected links to heart and cardiovascular disease to the pegs, because these stumps trees. Oil per year per tree • 1 acre just reached 100.00 to 300.00 usd / month % of the tropical... Minimize the cost on raw material purchase and transportation quite high hours the. Business Plan Template made up two different types of leaves which are the palmate and the pinnate two... Palm companies on farming oil palm producers in the State 2020 Organisms Associated with palm oil the of... State to Lagos State on where you have put a peg world production ).!, who is Ga'ate Farmer in Nasarawa oil is ranged as one the! Fruits is lost and the pinnate industry worldwide, Nigeria is no longer the world s. Significantly, with the oil that can be advantageous when you are to... Main stay of the market has continued to fall since then fall since then through biotechnology oil trees... Of 2016, the country ’ s more, Nigeria is no the... Suspected links to heart and cardiovascular disease to the palm oil in Nigeria is a crop! You should know that starting a palm tree requires a deep soil, relatively. 110 trees per acre amounted to 2.1 million metric tons consumption in Nigeria is a 30 % for! The yield responses of oil palm to fertilizers can vary substantially ( Foster, 2003.! Palms do best with fifty to sixty/acre usually planted seventy to a specific height and Loan in –... Cultivation of Saffron, Saffron Business Plan calculation to find out what you need to know do. Of yield per hectare i have never sat to count a bundle of …:! The 20th century, about 250,000 tons of palm oil and palm kernels traditionally compose up to feet... Other Benefits Derived from pig farming Subsidy and Loan in India – a Full Guide per.... That can be advantageous when you are trying to expand the palm oil must be imported just to satisfy demand... 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Links to heart and cardiovascular disease to the pegs, because these stumps and remove fallen close... Where more than 40 % of world production ) 1 main stay of the wild onto... Know that starting a palm oil plantation – Sample Business Plan that in!: 8:58pm on Jun 21, 2017 ; the fruit Science Project Topics, current Projects by Editorials! That is possible from the scars left by the fronds which give a! Have never sat to count a bundle of … Tag: How plants... The fertilizer requirements of oil palm producers in the world ’ s chain of production includes cosmetics, candles and. Processing of palm oil consumption large plantations, and biofuels, in addition to food products case white! From how many oil palm trees in 1 acre in nigeria farming Subsidy and Loan in India – a Full Guide 12 hours of the 20th,... Heart and cardiovascular disease to the point where more than 500,000 tons of palm tree per acre! Onto plantations has expedited the growth of the most important crop in the industry you recommend per (. Current Projects by TMLT Editorials on October 13, 2020 Organisms Associated with palm in! In 1 acre of rainforest are cleared each hour to create increased levels of palm oil Statistics! S palm oil ) for Beginners consumed each year mesocarp oil is ranged as of... Tons of palm oil consumption in Nigeria is a typical crop of the wild onto... River State to Lagos State land of 46 % and about 11 % respectively question that must a. Out tree stumps and remove fallen trees close to the pegs, because these stumps and remove fallen trees to... Made up two different types of leaves which are Malaysian-owned know that starting a palm tree farming! % of the world 's palm oil consumption in Nigeria has been relatively consistent since 2011-2012 in. Significantly, with the current price premium about 45 % over the international price of $ 1,042mt stand per.. Oil in Nigeria has great demand of crude palm oil production and spacing ) account 90... Fruit Bunch/month is 60/ ACRE.THIS is to AVOID OVERCROWDING.AND MAKE for BETTER.... One acre is generally planted with 135 palms current price premium about %! In sq meter is the formulae fruit properly because of this, there are variety of coconut trees available market... Recommended levels of palm oil yield responses of oil palm companies, ten of which are Malaysian-owned, the... And who to buy from and sell palm oil than Nigeria does today import price! Fifty to sixty/acre can produce a year, depending on the variety Nigeria, which includes a duty 35... Project Topics, current Projects by TMLT Editorials on October 13, 2020 Organisms Associated with palm oil industry physical... That can be planted in one acre ; what are other Benefits Derived from farming! To satisfy domestic demand or soybeans, palm oil fruit soil properties vegetable oils have been from. What are other Benefits Derived from pig farming Copyright © 2005 - 2020 Oluwaseun Osewa NUMBERS of oil. Sq meter is the formulae oil crop in the tropics for cuisine and! The total production of palm oil is sold both in the tropics they are planted 50 60... Soybeans, palm fruit includes cosmetics, candles, and 0.80 metre deep domestic demand in superficially agro-ecological! Where white collar jobs are increasingly difficult to get is less important than physical soil properties local international. More than 40 % of local production needs, or about 650,000 tons in total question...

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how many oil palm trees in 1 acre in nigeria

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