FARMING is a business and it is just like any other business. If you are smart, you can make money. If not, you can even lose your shirt.
Well, here a few smart money-making strategies of smart guys in farming. They could inspire you, and who knows, you might also get rich in farming.
READ, LISTEN AND CIRCULATE – How’s that? You have to read agricultural publications, listen to radio programs on farming, and attend seminars, trade fairs, farm tours and the like. You can pick up bright ideas from these activities that can make you well off.
One example is Benito Magaling of Lipa City. He used to be a big-time raiser of hogs and poultry but was losing a lot of money because of the high cost of feeds and medicines.
He happened to read the story that we wrote about the very prolific Django finger pepper developed by East-West Seed Company. He gave up his livestock and poultry projects and shifted to producing Django pepper, a ‘pangsigang’ variety.
When we interviewed him, he was so proud in telling us that the two hectares that he planted in the month of June gave him a daily harvest of two tons of fruits from August to early January the following year. He got an average of P50 per kilo which means he grossed P100,000 every day from August to early January.
He also had a smart way of harvesting two tons a day. He divided the two hectares into seven parcels, and harvested from each lot daily. To harvest two tons in less than a day, he hired 20 women pickers, each one just harvesting 100 kilos.
Here is another success story. It’s how a seminar gave birth to the No.1 agri-tourism destination today – the Costales Nature Farms in Majayjay, Laguna.
Ronald Costales is an IT engineer who opted to retire early and enjoy life on the farm. He will tell you that he knew nothing about farming when he decided to buy a small property in Majayjay. In fact, a neighbor was amused when he saw Ronald planting his ampalaya as if he was planting peanuts. So he suggested that he attend a seminar that was given by a producer of organic fertilizer.
Ronald attended the seminar all right. And he won a sack of organic fertilizer raffled at the end of the seminar. He applied the organic fertilizer to his ampalaya and the result was very good. That set him to do his research on organic farming. He attended other seminars, joined farm tours, farm visits, harvest festivals and the like. He also went to train on the use of effective microorganisms in Thailand.
Today, he is about the most successful organic farmer that we know.