Author Topic: Rice Field  (Read 15079 times)

Offline Terpe

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Rice Field
« on: September 28, 2010, 04:09:57 AM »
My wife is now thinking it might be nice to buy a rice field. She has in mind a small 1 hectare plot. (that\'s why I posted in hobbies & interests!)
I did some research and came to the conclusion that financially (in a good year) she might break even or slightly better.
She is convinced it\'s a sound investment and will provide both an interest and a small income.
I told here it\'s maybe better to provide loans to rice farmers (joke joke)

Anyway, does anyone here have any experience of this ??? Good or bad!!
Peter

Offline dylanaz

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Re: Rice Field
« Reply #1 on: September 28, 2010, 06:48:04 AM »
100% guranteed.... you will NEVER GO HUNGRY AGAIN !!!   ;D

Other than that I think you may be on track in terms of thinking about financial success with a 1 plot rice farm.

On the other hand local organizers of multi-dozen rice co-ops have made buku bucks !
I have seen so much conflict while in the Philippines - amazingly 99% of it was merely online computer experiences :D

Offline MikeBal

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Re: Rice Field
« Reply #2 on: September 28, 2010, 09:43:24 PM »
We bought a rice field for my brother-in-law down in Sorsogon and a coconut farm for one sister-in-law and family in Quezon province. The rice field has kept him fed with a little left over. On years when they haven\'t been devastated by typhoons, the sister-in-law has done pretty well with the copra.
Mike from San Antonio

Offline c_a_p_t_a_i_n_r_o_n

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Re: Rice Field
« Reply #3 on: September 29, 2010, 02:02:18 AM »
We bought a rice field for my brother-in-law down in Sorsogon and a coconut farm for one sister-in-law and family in Quezon province. The rice field has kept him fed with a little left over. On years when they haven\'t been devastated by typhoons, the sister-in-law has done pretty well with the copra.

Did pretty much the same thing for a brother in law in Butuan, but I decided to keep property in Gloria\'s name, with proviso that if brother in law achieved target harvest for 4 harvests we\'d turn it over to him.......he\'d claimed 120 kavans per harvest from 1.25 hectares

So far we\'ve only seen 80, 65, 80 & 85 cavan yields

We\'ve come to the conclusion that altho a loving family man .....he\'s NO business man.....pays too much for services and labour

Altho it does give him 20+ cavans for his direct family

20 cavans pays for next harvest

20-30 cavans go to other 5 siblings families**
**should go to us as owners but I prefer that siblings familes share the harvest



Offline dylanaz

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Re: Rice Field
« Reply #4 on: September 29, 2010, 02:45:09 AM »
So far we\'ve only seen 80, 65, 80 & 85 cavan yields

The rice field has kept him fed with a little left over. On years when they haven\'t been devastated by typhoons. . .

Locally... if a business keeps food on the table - its GOOD BUSINESS  :P


But for us westerners - that is usually not enough... to justify a business investment.
I have seen so much conflict while in the Philippines - amazingly 99% of it was merely online computer experiences :D

Offline RUFUS

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Re: Rice Field
« Reply #5 on: September 29, 2010, 03:31:27 AM »
I told here it\'s maybe better to provide loans to rice farmers (joke joke)
Peter
This is not a bad idea.
It is a good way to get your family discounted rice and help out the farmer in the process...
SO SAYETH THE RUFUS

Offline Terpe

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Re: Rice Field
« Reply #6 on: September 29, 2010, 05:20:43 PM »
Seem to be having some problems making a post. So just added these words at the top.
Anyway:-
Thanks for all the comments. Very helpful.
I think overall would not have any objections to my wife about the idea.
Solely on financials it\'s about break-even or maybe slightly better.
But... as has been said it actually puts food on the table for many
(not just family members)
Personally I think it will be very interesting for me to learn about rice farming, and
will also give us both more reasons to travel to Nueva Ecija (somewhere I really enjoy)
I\'m not thinking of this as a business venture at all.
But just wanted to gauge if it was going to be a money pit (and seems not)

All my assumptions have been based on yields 2000kg of rice per harvest
with 10% - 15% for the \'caretaker\'
Biggest cash outlay probably fertilizers.

Online suzukig1

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Re: Rice Field
« Reply #7 on: September 29, 2010, 06:45:58 PM »
I don’t know about rice farming but here is our experience with corn farming (My wife and brother-in-law handle everything.):

1)   We hire about 10 people per hectare to plant and fertilize.  With 10 people per hectare this can be finished in 1 day.  (We have 5 hectares, so 50 people.)
2)   Then we wait about 4 months to harvest the corn
3)   For the 5 hectares we needed about 30 man-days of labor to harvest the corn. 
4)   The corn needs to be dried before it is sold.  This work is more difficult because the workers have to be able to carry around the sacks of corn.  It took 10 people 8
        days to dry all of the corn.  A couple of days were interrupted by rain.
5)   We feed all of the workers; coffee and bread in the morning, lunch and merienda.  (It worked out to about Php 40 per person per day.)

The weather is an important part of “family” farming.  We depend on rain for the source of water.  If it doesn’t rain for a while, the corn yield is lower.

Now when it’s time to harvest you don’t want any rain.  The corn needs to be dried.  If it rains while you’re drying your corn (out on the road) and the corn stays wet for a significant amount of time you can get mold.  This will reduce the value of the corn when sold.

Where we live everyone grows corn so workers for all of these activities are readily available.  We have to pay higher than the norm so that we can hire a large number of people at one time.

We make a profit of Php 35,000 – 40,000 per hectare per year.  (2 plantings per year.)

For 5 hectares.  Planting May 4, 2010.  Harvest August 24, 2010.

69000  seed & fertilizer
7000   tractor
7500   people planting
1500   food
10000   side dressing
95000   
   
5000   people picking corn
5000   food
7000   karyada
16000   drying
11550   kernel removal
44550   
   
231885   revenue; 22231 kg * Php 10.4/kg
139550   costs
92335   profit

Offline c_a_p_t_a_i_n_r_o_n

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Re: Rice Field
« Reply #8 on: September 29, 2010, 06:57:48 PM »
Some VERY good points from suzukig1

Reminded me of another point -

Is rice field irrigated and is irrigation within your control or dependant on a co-operative?

Our rice field is irrigated by co-operative and 1 harvest suffered from drought hence lower yield
We had no control over the irrigation flow


**use of certain hybrids and local conditions can change 2 harvests a year to 3 or increase yield by 40-50%
Brother in law opposed to this because \"hybrid attracts high wind and destroys crop\"  ???

*** hybrids do demand more expensive specialised fertilisers

Offline Terpe

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Re: Rice Field
« Reply #9 on: September 29, 2010, 08:01:37 PM »
captainron,
Thanks for the very important point about irrigation.
I must admit I had not really thought about who controls it! or how!
Better get some info on that
Thankyou

Offline Terpe

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Re: Rice Field
« Reply #10 on: September 29, 2010, 08:08:28 PM »
suzukig1,
Thank you so much for your post. It\'s really great that you took the time
to share such important detail.
Very interesting

Offline c_a_p_t_a_i_n_r_o_n

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Re: Rice Field
« Reply #11 on: September 29, 2010, 09:50:05 PM »
Our rice harvest is taking part right now.....

Price to wholesaler is P14/kilo

Offline dylanaz

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Re: Rice Field
« Reply #12 on: September 30, 2010, 04:44:44 AM »

231885   revenue; 22231 kg * Php 10.4/kg
139550   costs
92335   profit


Thanks for sharing these numbers ! This is great to see and instantly get an idea what 5 hectares can put in your pocket yearly...

WIth my 1 hectare (if I ever decide to accept it from the family a few hrs from CDO) I can divide that by 5 and easily guess a yearly profit of 18000 pesos ! nice !


Ya - to a local that is excellent - keep food on the table AND have money left over even with a small plot of land !

All my assumptions have been based on yields 2000kg of rice per harvest
with 10% - 15% for the \'caretaker\'

I think my house eats up to 25 kilo of rice each month (that I supply)... so with 2 harvests yearly I can have free rice for life ! nice

Me, Wife, kid, 1-2 RANDOM relatives of the wife and usually 3-4 of MY own friends...
I have seen so much conflict while in the Philippines - amazingly 99% of it was merely online computer experiences :D

Online suzukig1

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Re: Rice Field
« Reply #13 on: September 30, 2010, 07:45:30 AM »


Brother in law opposed to this because \"hybrid attracts high wind and destroys crop\"  ???



We used to try and plant corn 3 times per year but 1 planting was completely wiped out one year by a typhoon and lost part of a crop in another year due to a typhoon.  Now we avoid September and October and March and April (too dry).

Offline c_a_p_t_a_i_n_r_o_n

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Re: Rice Field
« Reply #14 on: September 30, 2010, 05:46:26 PM »
Milling rice......

You can expect one 50 kilo sack of milled rice from two sacks out of the field and dried. Granted, that\'s just a rule of thumb!

The size of the rice kennels makes a big difference also!
B-Ray

Don\'t totally agree......from freshly harvested sacks, after drying you will lose 50% of WEIGHT, milling loses 20-25% of volume in our experience

 


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