Monday, February 16, 2015

Palm Oil Yield – 2014

On one of our Palm Oil plot we recorded the yield for the year 2014.

On our 5 acre plot total yield was around 55 tones which translate to 11 tons / acre. This is 2 tones per acre less than 2013 yield.

Palm oil has to be harvested throughout the year every fortnight, but 75% of yield is between May and Sep.

Price paid to farmers was decided by OILFED based on a predefined formula. OILFED declares the price per ton every month. Price paid to farmers was in the range between 6300 – 7500 in 2014.