(From a banker friend)
Can we make RM6,000/day?
Palm Oil Cultivation
It takes between RM9-12k/ha investment over three years to develop 1 ha of palm oil plantation, and will start to yield in year 3 initially at round 15-18 MT/ha/year.
FFB or fresh fruit bunches is about 20% of the price of Crude palm oil (CPO) or currntly you can sell the FFB at around RM400/MT (give or take, ball park figures).
Revenue in Year 4 = 15MT x RM400 = RM6,000
Less your expenses (say baja etc) = RM1,300
per hectar profit for you RM4,700 (about RM400/mth or RM13/day)
If you have mills than the profit is higher lah...
now compare this with chillies
Carrefour sell red chillies for RM7/kg
Their cost = RM3.5/kg (this is the selling price for you to Carrefour).
The fact is.... if you have 2 hactres of land, and planted with chillies, this will bring you 2,000 KG a day,
Now let's see;
Revenue/day = 2000kg x 3.5 = 7,000/day
Less lease of land = 100/day
Labour (5 indo/bangla) 200/day
Less fertliser etc 200/day
Less transport 200/day
believe it or believe it?