How do I start a cocoa farm in Nigeria?
Locate a large expanse of forest land with the appropriate climate and suitable rainfalls. Cocoa seedling is very sensitive and can die off quickly if not handled properly. Under the forest canopy is the ideal place to plant cocoa. The land you intend to use for your cocoa farming must be covered by rain forest canopy.
How many tons of cocoa is produced in an acre of land?
While the traditional cocoa crop takes about four to five years to mature, the improved variety takes just one and half years. The new varieties produce 1 1/2 metric tons of cocoa per hectare (2.47 acres) each season compared with the older types which yield 1/2 ton.
How many years does it take cocoa to mature?
After cocoa seeds are planted, it usually takes between three and five years to yield the first crop. Cocoa Hybrid varieties however can yield crops within two and three years.
How many cocoa trees are in one acre?
Plant at a spacing of 3.0m x 3.0m or 10ft x 10ft if you are using hybrid cocoa seedlings. In this case, you will have 1,111 tree per hectare or 435 trees per acre. Proper spacing allows for less competition for space, sunlight, water and nutrients and so the trees look healthy and high yielding.
Is growing cocoa profitable?
As mentioned before, growing cocoa in India as a profitable crop is possible when inter-cropping is done scientifically. According to some calculations, a farmer can earn up to Rs 60,000 per acre of land along with coconut, from which he can earn Rs. 30,000 per acre.
How much is a ton of cocoa?
Unit conversion for Cocoa Price Today
| Conversion | Cocoa Price | Price |
|---|---|---|
| 1 Ton = 1,000 Kilograms | Cocoa Price Per 1 Kilogram | 1.82 GBP |
How much does a cocoa farmer earn?
The average cocoa farm will produce one or two tonnes of cocoa beans a year; one tonne is 16 sacks of cocoa. The average farmer will make between $1,400-$2,000 profit a year, at most about $5 a day, which will need to support 6-10 dependants.
Why do cocoa farmers earn so little?
As a result of low yields due to poor farming practices, aging trees and limited access to inputs such as fertilizer and planting materials. The average cocoa farmer’s income is significantly below the World Bank’s extreme poverty line of USD 1.
How much does a kilo of cocoa cost?
In 2020, the average price for cocoa stood at 2.37 nominal U.S. dollars per kilogram….Average prices for cocoa worldwide from 2014 to 2025 (in nominal U.S. dollars per kg)
| Characteristic | Price in nominal U.S. dollars per kilogram |
|---|---|
| 2019 | 2.34 |
| 2018 | 2.29 |
| 2017 | 2.03 |
| 2016 | 2.89 |