Another highly thriving and profitable business venture an entrepreneur who is interested in making money from the agriculture industry should consider starting is to go into fish farming. Growing plants for profit is a great way to turn your gardening skills into serious cash. The Thai agriculture ministry updated their forecast for the 2013/2014 sugarcane production to 105 million tons, putting sugar production on course for 9.7 million tons. Post was not sent - check your email addresses! We've had rice,cassava, potatoes, pigs, fish, rubber, mushrooms, bananas and probably a few more that i cant remember. You’ll surely notice the neatly arranged rows of treats and how they line up perfectly in diagonals as well and horizontal and vertical rows. (0 members and 1 guests). So the farmer burns off the dead leaves to make harvest simpler. Rice is the country's most important crop, with some 60 percent of Thailand's 13 million farmers growing it on fully half of Thailand's cultivated land. Cassava is not a staple for Thais, it is pretty much exclusively a cash crop and the majority of the crop is exported. Thailand is a major exporter in the world rice market. The things we regret most is the things we didn't do. Palm oil production in this part of the world is a pretty hot topic in the realm of environmentalism and animal protection. Many specialty crops can bring as much as $90,000 per acre, and are quite easy to grow. Considering that most corn is sold to dealers, it doesn’t come as much surprise that Thailand accounts for 7 percent of the world market share for corn, but what does make it surprising is that is even after two-thirds of it have been consumed as livestock feed domestically. While most of us immediately think of tomatoes or salad greens, the most profitable plants are specialty crops that are not always found in a home vegetable garden. In addition, the parents want the best available products for their baby, therefore disregarding the cost of certain products. Help me keep the lights on, and drop something in the tip jar. Sunflower. Sugarcane is one of the highest yield crops. Or you may notice yellow, rounded rectangles hanging on sticks, drying. Not surprisingly, the most lucrative cash crops from a value per acre perspective are illegal in many parts of the world. Among these plants there are many speciality crops that can bring as much as 1.5 crore per acre, and are quite easy to grow. However, you will have an ongoing crop for anything from fifteen to twenty-five years afterward. Thanks! Most orchids are now grown in very tropical. It is currently being promoted to be grown under the insecticide-free program for healthy food due to its popularity. Unlike commonly grown crops like grain and vegetables, specialty crops are not widely grown and bring higher prices for growers. Most Profitable Crops. Perota....why not start a thread and document it....get some ideas of what his costs are and what he is putting on it. Now, corn is grown mostly in the upland parts of the country – in the hills and higher elevations. A new generation is like an essential perennial plant growing its branches to support Thailand to reach the anticipated economic goal. Agricultural production as a whole accounts for an estimated 9-10.5 percent of Thai GDP. Fish is consumed in all parts of the world; hence there is a large market for fish. The major growth driver is the products used for longer periods by the infants. Spending any amount of time with Thai people makes it easy to believe that 22 million tons of rice would be consumed here, with rice being eaten at every meal and often included in the making of desserts. Copyright 2010-2020 Christine Bedenis. Once your brain adjusts to the unnatural placement of these trees, tall with skinny trunks, you may start to notice that there are small bowls and spouts attached to these trees. As the bus winds its way down the isthmus toward the piers that will take most tourists to the postcard-perfect... Corn. Newbies Section NO FLAMING, NO ABUSE OR ANY NASTINESS tolerated in this Forum, Register Here to become a TeakDoor Member, If this is your first visit, be sure to If square footage is valuable on your farm, consider microgreens as a crop for profitable farming. One of the big differences between corn and rice is that 90 percent of a corn crop will be sold to a dealer, rather than consumed locally. Most palm oil plantations are in the southern region and if you don’t see any rubber trees, just stubby looking palm trees, then you are cruising through the palm oil plantations. Most Profitable Plants to Grow So of course, Thailand is known for its rice production; it was once the top exporter of rice before the rice subsidy scheme place the rice export in the hands of politicians. The global baby care market is expected to increase very fast. Thailand considers itself the kitchen of the world. When you get a nice, cool bubble tea and you suck up one of those tapioca bubbles through the straw, this is where it came from. Bamboo. If you are ever out and about in rural Thailand and you see some plants growing with a suspiciously shaped leaf, I hate to break it to you, but that is cassava, which is also the plant that produces tapioca. Select crops, such as bamboo, lavender and garlic, are being cultivated across the nation to meet a sizeable demand while occupying little acreage on a farm. Here are some of the most profitable ones to consider. One of the easiest and most profitable cash crops out there is gourmet garlic. 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