OIL PALM-Production – OPIEJ

Economics of Higher Planting Density in Oil Palm Plantations

mpob_admin — Tue, 28 Aug 2018 01:28:10 +0000

The aim of this paper was to study the financial returns from oil palm planted at different densities on mineral and peat soils in Malaysia. The method of analysis to achieve the mentioned objective was by the cost benefit analysis approach. Data for the analysis was obtained from oil palm planting density experiments at MPOB research stations at Hulu Paka in Terengganu and Teluk Intan in Perak. The analysis indicated that maximum income could be obtained from a planting density of 148 palms/ha, contrary to the conventional practice of 136-148 palms/ha. On peat soil, income is still on the increase when the density is at 200 palms/ha. It is recommended that on peat higher than the conventional planting density of 136-148 palms/ha is adopted in order to maximize net present value (NPV).

Evolution of the Latin American Oil Palm Sector During the Last Decade (1991 – 2001)

mpob_admin — Mon, 27 Aug 2018 23:38:27 +0000

In the last decade, the oil palm planted area in Latin America has grown consistently, spurring the development of this sector during this period and making oil palm into one of the principal crops cultivated in this region. This dynamic performance can be attributed to the technical characteristics of palm oil, allowing its wide utilization in diverse industrial processes and its market to grow robustly. This document presents an overview of the development of the oil palm agro-industry in the world and subsequently analyses its behaviour in Latin America. It also looks at the economic and social situation of the major oil palm producing countries in the Latin American region. Likewise, the importance of palm oil within the total production and the consumption of oils and fats as well as the evolution of exports and imports of oils and fats in these countries are analysed. This is followed by a brief analysis of the potential market for palm oil in the whole American continent. Finally, Colombia’s vision for its oil palm sector up to the year 2020 is discussed.

Short-Term and Long-Term Projection of Malaysian Palm Oil Production

mpob_admin — Mon, 27 Aug 2018 08:43:31 +0000

Forecasting is of fundamental importance in all of the sciences, including economics. As such, its accuracy is of obvious importance as the forecasts generated are normally being used as inputs to a decision-making process. Knowing this fact, most forecasters have been hard pressed to prepare the most realistic and accurate projections utilizing a variety of quantitative and subjective methodologies. Besides this concern and although it is extremely important to do their best to improve forecast accuracy, we must learn to accept the fact that forecast error is an unavoidable occurrence. Faced with this reality, the forecasters need to effectively capture, measure, report and utilize forecast error to its benefit. They will also keep on reviewing their models from which the forecasts are based on due to the ever changing environment and improving forecast accuracy through a variety of qualitative and quantitative techniques.