Best answer: Which crop is profitable in Uganda?

Sugar is by far Uganda’s most profitable crop.

What are high value crops in Uganda?

Food crops (plantains, cassava, sweet potatoes, millet, sorghum, maize, beans, groundnuts and sesame) represent 60% of agricultural GDP, livestock 19% and export crops (coffee, cotton, tea and tobacco) 12%. Some high value crops, such as cut flowers and certain vegetables and fruits, are also being exported.

What farm crop makes the most money?

Through the years, several profitable cash crops have become high-yielding farmer favorites: Rice, maize/corn, wheat and soybeans: On the global scale, rice, maize and wheat are the most valuable earners. In America, soybeans and corn are at the top of the pack, bringing in around a total of $50 billion each.

What is the most profitable crop per acre?

Bamboo is one of the most profitable crops to grow per acre. It can bring in lots of revenue, but the catch is it takes about three (3) years for the bamboo to get “established” once planted.

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What are the most profitable crops in Uganda?

Sugar is by far Uganda’s most profitable crop.

What is the most profitable business in Uganda?

What are the most profitable business ventures in Uganda?

  1. 1 Agricultural production. Food is one the primary requirements in any society. …
  2. 2 Restaurants. …
  3. 3 Pharmaceutical services. …
  4. 4 Transport services. …
  5. 5 Education services. …
  6. 6 One-stop shopping centers. …
  7. 7 Salon services. …
  8. 8 Tourism.

What is the easiest crop to farm?

Easy Crops to Grow From Seed

  • Lettuce. Lettuce can be sown directly in your garden bed, or started indoors for transplanting. …
  • Peas. Snap, snow, and shelling peas are all best sown as early as the soil can be worked in spring. …
  • Radishes. …
  • Turnips. …
  • Beans. …
  • Sunflowers. …
  • Sweet Potatoes. …
  • Winter Squash, including Pumpkins.

What is the best cash crop for a small farm?

Cash Crops for Small Farm Profit

  • Bamboo. Already popular in Asia, bamboo is gaining popularity around the world for its variety of uses, such as fencing material, fabric and food. …
  • Specialty Mushroom. Perfect crops for beginning farmers are specialty mushrooms, such as oyster mushrooms. …
  • Lavender. …
  • Garlic. …
  • Christmas Trees.

What is a good cash crop?

8 Most Profitable Plants To Grow

  • Bamboo. Landscapers and homeowners are paying as much as $150 each for potted bamboo plants, and many growers are finding it hard to keep up with the demand. …
  • Flowers. …
  • Ginseng. …
  • Ground Covers. …
  • Herbs. …
  • Landscaping Trees and Shrubs. …
  • Mushrooms. …
  • Ornamental Grasses.

What is the most expensive crop?

List of most valuable crops and livestock products

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Crop Global gross production value in billion USD Country with highest gross production value in billion USD
Chicken, meat $192 $27.4 (United States)
Maize (Corn) $191 $61.2 (Mainland China)
Wheat $168 $50.7 (Mainland China)
Soybeans $107 $40.7 (United States)

How can I make 5 acres profitable?

Ways to Make Money Off Your Land Almost Immediately

  1. Rent plots to groups looking to build a community garden. …
  2. Start blogging about your newest farming adventures. …
  3. Sell local honey at farmers markets. …
  4. Sell plant seeds online. …
  5. Offer indoor or outdoor storage. …
  6. Create fishing lakes or ponds for local fisherman or groups to rent.

Who is the best farmer in Uganda?

The overall winner of the Uganda Best farmers competition, Philip Kalera from Central Region walked away with Shs50 million and an all-expense paid farming trip to the Netherlands.

How do farmers get rich?

Below are some ideas and leads on the four paths to success.

  1. Invest in farmland, local, national and worldwide. …
  2. Invest in a farm, get your hands dirty, operate your own farm. …
  3. Finance insiders can get ‘rich’ farmers on a ‘permaculture’ path. …
  4. 15 agricultural innovations to help you be a millionaire farmer.

How much can I earn from an acre of tomatoes in Uganda?

An acre can produce around 25tonnes of tomatoes. With a conservative price of sh1,000 per kilogram, that makes around sh25m. The harvest goes on for at least 3 months depending on how the farm was maintained. Tomatoes are harvested by picking the mature/ripe fruits off the plant.

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