Quote Originally Posted by Terpe View Post
Agreed.
Mind you copra is a reasonable business.
We had a reasonable coconut business for our family in Davao Oriental until this latest storm. Virtually all gone now, along with a few banana plantations.
We need to think very quickly how to pick them up again. But I know they'll do it by hook or by crook.
Sorry to hear your family was affected by the recent typhoon.
Copra used to be a reasonable business and if you had a little capital you could wait for the price to rise. Recently the price has dropped to about 14 pesos per kilo from a high of about 40 at the start of the year. A lot of the copra farmers are suffering because of this. The main market for copra is Europe so use products that have Philippine copra in them