eyecatcher Posted August 20, 2018 Share Posted August 20, 2018 My next door neighbour has 100 longan trees from which he earns 300,000bt once a year. In the 5 yr I have watched them, a team of 10 or so comes in and spends 3or 4 days in the 1st week of July. In the last two years they arrived end of july and then first week August. Throughout the year I have seen them only once doing some spraying. Its now third week August, and no onr has arrived and the fruit is turning black. Its a shame yet its also surprising that 300k baht is there simply for the picking. I wish they were mine to manage I can find could use for 300k even if the owner cannot Link to comment Share on other sites More sharing options...
BritManToo Posted August 20, 2018 Share Posted August 20, 2018 Value of the land Vs income from the trees = probably not profitable. Lets assume cheap land, 25 rai @ 1Mbht/rai. Not much of a return for his 25Mbht investment .... 1.2% assuming no picking costs. These have been left on trees near me too, (100s of rai) I'm thinking the price is so low this year it isn't worth employing the pickers. Link to comment Share on other sites More sharing options...
CNXBKKMAN Posted August 20, 2018 Share Posted August 20, 2018 If they fruit early you probably make some good money but when there is a glut you can't give them away. Pineapples, mangoes, bananas can be worthless in rural areas. Link to comment Share on other sites More sharing options...
moontang Posted August 20, 2018 Share Posted August 20, 2018 prices have been way low on pineapples, jackfruit, limes, coconuts..and apparently logan...best to be diversified. Link to comment Share on other sites More sharing options...
naboo Posted August 20, 2018 Share Posted August 20, 2018 Longan prices are high this year. Perhaps the fruit on your neighbours' trees isn't grade AAA. The price drops off rapidly as the quality falls with it being just 1B/kg for the lowest grade. We got 27B/kg for grade AAA this year, I'm guessing due to there not being much grade AAA about. Last year I think was about half that price. Link to comment Share on other sites More sharing options...
eyecatcher Posted August 20, 2018 Author Share Posted August 20, 2018 Have to say I aint seen that many on the markets myself. I doubt anyone is buying land just to tend fruit trees, my neighbour probably got the land given by the Govt back in the 70s or whenever but such a pity if they dont think there is mileage in picking them. Link to comment Share on other sites More sharing options...
eyecatcher Posted August 20, 2018 Author Share Posted August 20, 2018 3 hours ago, BritManToo said: Value of the land Vs income from the trees = probably not profitable. Lets assume cheap land, 25 rai @ 1Mbht/rai. Not much of a return for his 25Mbht investment .... 1.2% assuming no picking costs. These have been left on trees near me too, (100s of rai) I'm thinking the price is so low this year it isn't worth employing the pickers. Not sure how you are attaching 25rai to 100 trees, they are spaced about 4m apart. I think the plot looks to be about 3 rai Link to comment Share on other sites More sharing options...
elektrified Posted August 20, 2018 Share Posted August 20, 2018 3 hours ago, BritManToo said: Value of the land Vs income from the trees = probably not profitable. Lets assume cheap land, 25 rai @ 1Mbht/rai. Not much of a return for his 25Mbht investment .... 1.2% assuming no picking costs. These have been left on trees near me too, (100s of rai) I'm thinking the price is so low this year it isn't worth employing the pickers. No not at all. I watched a friend make around 10 million Baht on the fruit over about 10 years. I believe he said he had around 350 trees (I could be way off - I forget). He didn't pay anywhere close to 1 mil per rai. Less than 1/2 that. He bought very cheap land (no chanote). I forget what they call that class of land but he figured if he was sued over the title he would abandon it rather than defend it. He also had a team come twice a year and the foreman worked on a commission. I think he told me he paid the guy 1/3. The fruit was dried and he contracted with the Chinese who used it for medicinal purposes. So after paying the guy he made I guess 6.6 mil. Link to comment Share on other sites More sharing options...
mekongsailor Posted August 21, 2018 Share Posted August 21, 2018 18 hours ago, elektrified said: So after paying the guy he made I guess 6.6 mil. A year? Or spread over 10 years? Link to comment Share on other sites More sharing options...
eyecatcher Posted August 21, 2018 Author Share Posted August 21, 2018 1 hour ago, mekongsailor said: A year? Or spread over 10 years? A hint: read the very first sentence again and the penny longan will drop Link to comment Share on other sites More sharing options...
smotherb Posted August 21, 2018 Share Posted August 21, 2018 23 hours ago, BritManToo said: Value of the land Vs income from the trees = probably not profitable. Lets assume cheap land, 25 rai @ 1Mbht/rai. Not much of a return for his 25Mbht investment .... 1.2% assuming no picking costs. These have been left on trees near me too, (100s of rai) I'm thinking the price is so low this year it isn't worth employing the pickers. Yeah, that's why you don't buy in Thailand. I bought my land in West Virginia. I timber it every ten years; suffice to say B300k/yr is not as much. Money has always grown on and in trees. Link to comment Share on other sites More sharing options...
Lacessit Posted August 21, 2018 Share Posted August 21, 2018 1 hour ago, smotherb said: Yeah, that's why you don't buy in Thailand. I bought my land in West Virginia. I timber it every ten years; suffice to say B300k/yr is not as much. Money has always grown on and in trees. Provided you own the land and the trees yourself. Forestry schemes almost invariably end up with investors losing out. That's because when a tree takes anywhere between 10 and 25 years to mature, the promoters have that much time to leach the piggy bank. Link to comment Share on other sites More sharing options...
smotherb Posted August 21, 2018 Share Posted August 21, 2018 1 hour ago, Lacessit said: Provided you own the land and the trees yourself. Forestry schemes almost invariably end up with investors losing out. That's because when a tree takes anywhere between 10 and 25 years to mature, the promoters have that much time to leach the piggy bank. Yes, I own the land and I am in WVs timber management plan.The next cutting, 2020, will be my fourth time. Link to comment Share on other sites More sharing options...
gaff Posted August 21, 2018 Share Posted August 21, 2018 Do you know what are the most profitable fruits or vegs to grow ? Thanks. Link to comment Share on other sites More sharing options...
BritManToo Posted August 22, 2018 Share Posted August 22, 2018 8 hours ago, gaff said: Do you know what are the most profitable fruits or vegs to grow ? Thanks. Almost certainly cannabis plants and opium poppies. Although the profit may not be worth the risks. Link to comment Share on other sites More sharing options...
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