Thursday, October 6Farming is Life!
Shadow

Tag: sugarcane production in the philippines pdf

Why Sugarcane is the Least Profitable Crop to Grow

Why Sugarcane is the Least Profitable Crop to Grow

Agriculture
As of this writing, the price of refined sugar in Metro Manila (retail) is P98/kg while the washed sugar is P80/kg. With this almost unaffordable price, many people would think that sugar farmers are making tons of money and perhaps, you are thinking of investing in sugarcane farming too - wait until you finish reading this article. Sugarcane is a major Philippine agricultural product and is second only to rice in the total area occupied around the country under food crops. It is harvested only once every year and the waiting time is quite long compared to other major crops like rice, corn, and vegetables. Although the country is producing millions of tons of sugarcane, still it is not self-sufficient. The cost of production is extremely high and instead, importing sugar is quite econom...