Oil Palm Vs Cocoa Vs Cashew: Which Is More Profitable?
6 analysed pages ·
open on Nairaland ↗
market_access_offtakers · 6knowledge_transfer · 6profitability_claims · 5price_volatility_timing · 2crop_pest_diseasepolicy_governmenthousing_equipmentexpertise_verificationfeed_formulationsoil_manuretraining_extension
page 0 · 31 posts · 25 participants
· discussion_qa
This is a lively discussion thread where a new farmer seeks advice on choosing between oil palm, cocoa, and cashew for a 2-hectare plot. The conversation is dominated by arguments favoring oil palm due to its higher value-added potential and processing opportunities, contrasted with the lower capital requirements and quicker returns of cashew. Participants actively debate profitability, processing logistics, and market realities, with the original poster engaging directly with the advice.
Prices:
rubber: NGN300.0 (local)rubber: NGN500.0 (local)cashew: NGN45000.0 (Kogi state)cashew: NGN70000.0 (Kogi state)cashew: NGN300000.0 (2 hectares)cocoa: NGN450000.0 (2 hectares)palm_oil: NGN800.0 (per kg)palm_oil: NGN8000000.0 (2 hectares)
Credibility signals:
naming_farm_sizeciting_experiencereferencing_association
“Oilpalm has the highest value added index”
“2 hectare of raw cashew nuts will give you 1 ton at first commercial harvesting which is about 300k -400k”
“You can process palm fruits into palm oil,palm kernel oil,sell the palm kernel shaft,make broom,etc”
page 1 · 30 posts · 24 participants
· discussion_qa
This thread is a community debate comparing the profitability and feasibility of oil palm, cocoa, and cashew farming in Nigeria. Users discuss long-term investment timelines, processing requirements, and market stability, while the conversation devolves into political arguments and personal insults. The discussion highlights the tension between viewing agriculture as a quick wealth generator versus a long-term strategic investment.
Credibility signals:
naming_locationciting_experience
“You will never lack buyers for Cocoa. Once planted it lives for more than 50 years.”
“Cocoa farmers have been riding Benz before you were born.”
“That shii can make u a millionaire.”
Unclassified: political_discussion
page 2 · 32 posts · 25 participants
· discussion_qa
This is a lively discussion comparing the profitability, maintenance costs, and market potential of oil palm, cocoa, and cashew farming. Users debate which crop suits specific land types and offer advice on value addition, such as processing palm oil or fermenting cocoa, while noting the long maturation periods for some crops. The thread also touches on broader topics like rubber theft and the necessity of soil analysis before planting.
Pain points:
no_buyersstolen_harvest
Prices:
cashew: NGN600000.0 (Nigeria)cocoa: NGN1200000.0 (Nigeria)cocoa: NGN1500.0 (Nigeria)
Credibility signals:
citing_specific_locationsmentioning_family_generationsreferencing_travel_experienceciting_soil_analysis
“The processing is where the money is not just the harvested crops.”
“Cocoa is a delicate plant, not like the wild cocoa the Mayas/Ameridians once called food of the gods”
“Nigerians are stupid dunkies”
page 3 · 31 posts · 20 participants
· discussion_qa
This thread is a community discussion comparing the profitability of oil palm, cocoa, and cashew farming, with users debating maintenance costs, market demand, and specific yield figures. While one user attempts to sell training services, the majority of the page consists of farmers sharing experiences, asking for data validation, and discussing the pros and cons of different crops.
Prices:
cocoa beans: NGN90000.0 (Ogunleti01's area)cocoa beans: NGN94000.0 (Ogunleti01's area)rubber lump: NGN500.0 (Local market (2022 May))rubber cake: NGN8000.0 (Local market (2020))
Credibility signals:
naming_farm_sizeciting_experiencereferencing_association
“Oil Palm is d Best. It requires no maintenance unlike Cocoa that u will buy chemicals, spray , fermentation etc. By d time u remove money spent on chemicals etc, it's little profit.”
“That is one thing people dont know. Sofar so good i have made close to 1.2m from my platain farm alone from May 2021 -till date.”
“I am a farmer We have cashew, cocoa and oilpalm plantations and I believe I am in the best position to advice him based on whats experienced on the field as per the 3 crops”
page 4 · 31 posts · 18 participants
· discussion_qa
This is a lively discussion thread where farmers debate the profitability of oil palm, cocoa, rubber, and cashew, with heavy focus on oil palm yield projections and land suitability. Users share specific production metrics, such as seedling costs and expected liters per tree, while debating the realism of these figures. The conversation also touches on market access strategies, the long gestation periods of certain crops, and the economic potential of processing local produce.
Prices:
NIFOR seedlings: NGN500.0 (Nigeria (various state capitals))Palm oil (estimated revenue): NGN3000000.0 (Ogun State)Palm oil (estimated revenue): NGN3000000.0 (General)Rubber: NGN100.0 (Delta State)
Credibility signals:
Location specificity (e.g., 'Deltan', 'Odogbolu, Ogun State')Professional experience references (e.g., 'work in a rubber plantation', 'late dad business')Specific technical knowledge (e.g., NIFOR seedlings, spacing requirements, gestation periods)
“Oil palm of today's world produce in about 3 years, 100 palm tree gives you almost 3 million per year! This translate to 25 to 30 million per year for 1000 palm tree”
“My little note, all have spoken well. Palm plantation From my experience, cos am into palm plantation in Odogbolu, Ogun State.”
“All your calculations, na for book.”
page 5 · 28 posts · 19 participants
· discussion_qa
This thread is a debate comparing the profitability of oil palm, cocoa, and cashew, dominated by one user ('Lesgupnigeria') promoting oil palm with specific yield projections. The discussion includes skepticism about these figures, practical warnings about climate change and pests, and a few scattered requests for business partnerships or feasibility studies.
Pain points:
erratic_rainfallbird_mortality
Prices:
raw cashew nuts: NGN300000.0 (2 hectare farm yield)raw cocoa: NGN450000.0 (2 hectare farm yield)processed palm oil: NGN800.0 (per kg)processed palm oil (total): NGN8000000.0 (2 hectare farm yield)
Credibility signals:
citing Nifor (National Institute for Oil Palm Research) as a source for figuresmentioning specific locations like Edo State and Abochociting years of experience implicitly through detailed yield calculations
“I started with Cocoa but climate change is not allowing cocoa to thrive you plant raining season they dry off in the dry season. You plant Palm trees cane rat may cut half of the plantation. The easiest is Cashew”
“Out of the 3 crops;cocoa, cashew and oilpalm Oilpalm has the highest value added index”
“Does it mean you do not understand the one you quoted ; it means I made mistake. I have corrected it and you still one to dwell on the mistake.”
failed