Agriculture Business in the Philippines

Philippines is blessed with fertile land and surrounded by vast ocean. Agriculture business is always the way to go. 

Philippines is blessed with fertile soil to toil and grow sustainable crops all year round. Grains like rice and corn, fruits and vegetables like bell pepper and tomatoes will definitely give sure profits to farmers. Animal husbandry such as raising poultry, ruminants and hogs are also a profitable venture to consider.

And how can we forget about one of the most viable agricultural business in the Philippines? Of course it's none other than fisheries!

If you want to start one yourself, then you're in right place because in this post, we will talk about some of the most profitable agriculture business in the Philippines.

1.) Rice Farming

Despite the issues that surrounds the rice industry, rice farming is still one of the most profitable agribusiness in the Philippines.

If you own a huge track of land with a proper irrigation facilities, then all is well for you. But if you want to start one without anything, I recommend that you go to rice farms, ask for the farmers if there's an available land for lease.

Usually, you can lease an hectare or more depending on land availability. After that, you can hire farmers in the area who can cultivate the soil and grow the rice for you.

Profitability depends on your own technological capabilities, variety of rice, weather and of course, the yield.

2.) Corn Farming

Corn is the second most consumed grain crops in the Philippines next to rice. There are many varieties of corn to choose from and each variants has its own unique uses.

Just like rice, you need to have a huge plot of land to grow corn and a large farm requires farmhands in order to have an efficient produce. Renting a land is also a good idea as long as you know what you're doing in order to maximize profits and avoid stinging losses.

Corn without a doubt is a profitable venture. The key is to study the right technology and techniques to gain the expected produce.

3.) Vegetable Farming

High value crops such as tomatoes, cucumber, bell peppers, string beans, okra, squash, ampalaya,garlic, and onions are the money makers of the vegetables industry.

Green and leafy vegetables such as lettuce, cabbage, asparagus, broccoli, cauliflower and native pechay are also profitable.

The real secret to vegetable growing business is knowing the proper way to nurture them. Pushing the seeds in the soil and watering them won't be enough. There's proper care for each type and vegetables, giving the right fertilizer, growing one in the right season and choosing the correct type of soil is a must.

Seems intimidating right? No need to fret because you can easily learn all of those from your local agricultural center or from Philippine Council for Agriculture Aquatic and Natural Resources Research and Development (PCAARRD)

Here's some articles about vegetable growing that might help you out.

• How to grow tomatoes
• Hydroponics, is it profitable?
• How to cultivate mushrooms
• How to grow sweet bell peppers

4.) Fruit Farming

Philippines mainly import its fruits like apples, orange, pears, grapes and lychee from other countries. But there are still some home grown fruits such as bananas, mangoes, sinta papaya, watermelons, rambutan and durian.

Compared to vegetables growing, the fruits need considerable amount of years of care before they mature and become profitable. (Except for sinta papaya which only takes 8-9 months before you can harvest its fruits.)

But once the trees reach maturity and bear its fruits, you can enjoy all the benefits it will give for quite a long time!

5.) Poultry Raising

Filipino consumes an average of 13-15 kilos of poultry products each year. As you can see, the demand is rising every year, thus, making poultry a profitable venture.

But in order to acquire the promised profits, you need to understand that there are rules or guidelines to follow when you want to start a poultry business.

Business name registration, barangay permit and sanitary permit in order to acquire mayor's permit, and other certificates and/or permits that your local government requires.

Once everything is secured, you need to attend trainings and seminars that is organized by DA (Department of Agriculture) this will give help you learn the right procedures, tricks and techniques of poultry industry.

The trainings and seminars will also gives you idea on where to buy your chicks that'll be used for meat or eggs, where you can buy the feeds and how you can sell your products.

Below are some articles that can help you on this kind of agribusiness.

• How to raise chickens for meats
• How to raise chickens for eggs
• Free range chickens, is it profitable?
• Itlog na pula business guide
• How to raise ducks

6.) Hog Raising

Many Filipinos loves to eat pork meat simply because, it's affordable, easy to cook and undeniably tasty. That's the reason why pork meat is the most consumed meat in the Philippines.

Being of the staple food in Filipino dining table, backyard hog raising becomes a popular livelihood. At the moment, backyard hog raising in the Philippines makes up more than 50% of pork meat production!

If you want to enter this industry, be prepared to pass some requirements because local government are getting strict on backyard hog raisers. Also do note that the citizens will always be ready to give complaints on the stench and noise coming from hog farms.

To discover more information about raising pigs for meat and profit, please check out the link below.

• Backyard Hog Raising in the Philippines

7.) Cattle Raising

Cows are one of the most important livestock we have in the Philippines. It is the best source of healthy protein thanks to its meat and milk.

Beef is the most expensive meat we can buy in the local market. The high price means there's always a demand for beef but the supply is limited.

If you want to enter the cattle raising business then you must consider the size of your pastures. The average of cattle you can raise per hectare is 10-15 which is highly depends on the quality of your pastures.

But before you proceed to the next part, be sure to acquire the necessary permits and clearance you need in your local government. This is a must to avoid sanctions and penalty in the future that will definitely harm your business and working capital.

Next thing to consider is the breed of the cattle you're trying to raise. Some breeds are good for meat production, some are the best for producing milk, while the others are sturdy in any weather conditions.

Once you've decided about the breed you're taking in, it's time to prepare the pastures. Buy the necessary grass seeds that are high in nutrients for your cattles. Find the best cattle feed suppliers to aid in feeding your cattles until they reach the maturity age.

To know more about cattle raising, check out the related articles below that will definitely help you in your business.

• Cattle Raising for Meat
• Cattle Raising for Milk

8.) Goat Raising

Slowly but surely, goats are steadily gaining popularity in the Filipino dishes. Its delectable milk is also gaining attention to some health conscious Pinoy.

If you want to dive in the business of raising goats then the procedure is almost the same as raising cattles because they are same ruminants.

The permits and clearance are fairly easy to acquire so your main focus will be on raising the goats, either for milk or for its meat, and of course the marketing of your produce.

If you want to raise goats for meat then choosing the Boer goat breeds are the wise choice. Boer is much more bigger and sturdier than its other counterparts, thus it produces more meat once they reach the maturity age.

But when it comes to milk production, you can never go wrong with Saanen breed. Saanen goats originated from the country of Switzerland and famed for its capability of producing milk.

To know more about goat raising, be sure to check out the comprehensive articles below.

• How to Raise Goats in the Philippines

9.) Tilapia Farming

As of year 2018 to 2019, tilapia got the second place for the most farmed fish in the Philippines. That makes it one of the most profitable farmed fish we can venture in since the demand is steadily growing over the past few years.

Growing tilapia requires the right location, the proper breed and of course, the efficient technology to decrease mortality rate and get the maximum profit for every harvest.

That's why I recommend to study the business, invest in water testing of your are to determine if it is suitable for tilapia farming. Don't hesitate to schedule a meeting with your local BFAR (Bureau of Fisheries and Aquatic Resources) experts in your area to get some expert advice on your business.

10.) Bangus Farming

The demand for bangus is growing fast throughout the year, thanks to innovative culinary dishes of Filipino people! Our skilled cooks always try to create the best tasting bangus dish that's the reason why a many of crave for bangus.

Since there's a steadily growing demand for bangus, venturing in the bangus farming is not a bad idea... As long as you know what you're doing!

Same as tilapia farming, bangus farm needs intesive studies before starting one. The feasibility study and water testings will save you from potential capital loss and worst, bankruptcy.

It will never hurt to meet your local BFAR expert because they know the industry in your local area more than anyone else. BFAR experts will help you out from choosing your bangus variants up to testing the water quality of your farm.

There you have it guys! That's our short list of agricultural business in the Philippines that have the potential to give you profits and capital growth!

This list will be continuously updated throughout the year to provide the freshest content and information for you guys so, always stay tuned in to Money Basics PH to find out more!

Cheers!