PSA: Nine Crops Cheaper than Producing Rice


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nine crops cheaper than producing rice in 2017

nine crops cheaper than producing rice in 2017

Philippine Statistic Authority (PSA) data revealed that there are nine crops which are relatively cheaper than producing rice.

Based on the 2017 average crop production costs per hectare  obtained from PSA, cashew nuts, white corn, mongo, pili nuts, sweet potato, peanuts,coffee,cassava and yellow corn.

The top five crops that are cheaper than producing rice are: cashew nuts (Php 8,026), white corn (Php 15,166), mongo (Php 19,986),Pili nuts (Php30,204), and sweet potato (33,204).

The average crop production costs of all kinds of rice amounted to PhP49,745 per hectare.

Source: https://agrinationph.com/2019/07/29/average-crop-production-costs-in-2017/


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Nath Mindanao

An Agribusiness economist. I scribble more about agriculture, politics and economics.

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