Coconut plantation is one of the profit yielding investments in the world now. Many countries have made millions out of the coconut business. Retailing coconuts fruits have been the major coconut business in Ghana over the years.
There were only a few coconut farmers by then unlike today. But coconut plantation entails more than just retailing its fruits.
In the early 1900s, some farmers in Ghana took the risk of investing in a coconut plantation. We can talk about some coconut plantations at Keta in the Volta Region being one of the oldest plantations. Statistics show that they were successful farmers.
Having the assurance of making profits, many farmers have joined the coconut plantation business hence expanding the market.
Some types of coconuts are known as: ‘Ghana Yellow Dwarf’, ‘Brazilian Green Dwarf’, Malayan Yellow Dwarf’, ‘Equatorial Guinea Green Dwarf’, Fiji Dwarf, Golden Malay, King Coconut, West Coast Tall Coconut, Macapuno Coconut, Panama Tall, Maypan Coconut.
Coconut grows in red sandy loam, coastal sandy, laterite, alluvial, and reclaimed soils which have a pH ranging from 5.2 to 8.0. Soil with a minimum depth of 1.2m and a moderately good water holding capacity is needed for growing coconut.
E. Coconut is well known for reducing blood pressure. It has properties that calm blood pressure down. Therefore doctors advise that people with low blood pressure should consume fewer coconut products. (1√)
If you have ever ask yourself how to make money out of coconut plantation, then you are reading the right article. You will find something amazing you never knew about coconut.
Below are some ways you can make money out of coconut plantation.
1. Coconut Oil:
Oil extracted from coconut is one of the essential oils for human health. It contains healthy fatty acid. Coconut oil has antibacterial and antimicrobial properties that help in fighting infections.
All these qualities of coconut oil have made it special and have placed a high value on it in the market. It has become the first choice of oil in the market for those who know its numerous advantages. Investing in the production of coconut oil is never a waste of time. It is worth it.
The main product of a coconut plantation is its fruits. Considering its water as pure, no one will ever reject coconut fruits unless perhaps it was a doctor’s advice. Coconut fruits can be sold fresh or allowed to dry.
Dry coconuts are expensive as compared to fresh fruits. Having a dry coconut fruit is a big treasure as it serves many purposes. The food in a dry coconut is usually eaten with other foods or used as toffees and other edible diets.
Among all charcoals, coconut charcoal is gaining recognition in the market. The shells of a dry coconut are currently used for charcoal. It has been proven to be good charcoal for grilling all kinds of fish and meat.
Logs of coconut serve the purpose of timber where woods are scarce. Coconut trees are usually turned into the timber when it overgrows and ready to be replaced by young ones. Suitable coconut logs are usually the Panama Tall.