Cash crops are grown because of their profitability in the market rather than for personal consumption. Some examples of these are rice, coffee, sugar, and fruit trees.
Here are some articles on prolific crop varieties along with some tips on how successful farmers managed to grow and earn from them:
Did you know that growing watermelon can be a good source of income for farmers? A local seed distributor’s research claims that the potential income from growing watermelon can reach up to P200,000, depending on the present cost of materials and average selling price in the market.
Not into fruits? Read about how a farmer who is very fond of growing radish discovered a variety that allowed him to harvest 25,000 kilos from half a hectare. He then managed to sell the produce at P40/kilo.
Meanwhile, a small farmland in Nueva Ecija managed to produce at least 7.29 tons of red onions. The farmer said that his harvest could be worth about P218,700, depending on market value.
For those who are looking to rent rather than buying a farmland, earning money from it can still be possible. A couple from Iloilo grows guava as a sideline where they currently earn P12,000 from the 3,000 trees planted on 2.7 hectares that they rented.
Aside from gaining an income from the money-making potential that many crops have, it’s also important to earn experience along the way because knowledge on farming can also be something valuable.
Looking for more stories on cash crops and other agriculturally-related topics? Check out agriculture.com.ph.