Most profitable crop to grow is the hot chilli
If you ask Jess Domingo what is the most profitable crop he has grown in his farming life, he will tell you that it is the red hot chilli. Last year, he made a net profit of R70,000 from 700 square meters. Yes, net profit. All expenses had been deducted. That’s R100 per square meter in a culture period of nine months. In one hectare, that translates into R1 million profit.
Jess Domingo is very meticulous in his computations. After all he was a topnotch chief financial officer of multinational companies (Pepsi, San Miguel and Nestle) before he retired at 50 to pursue his two passions – culinary and organic farming. He owns Rancho Domingo in Alfonso Lista, Ifugao.
Jess first became famous among agribusiness enthusiasts when he proved that he can make a net profit of more than R5,000 per head of fattened hog by using his own formulation of fermented feeds. Now, he is into integrated farming, raising pigs, fowls, vegetables and of course grass-fed cattle.
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