We have a few rice fields in Nueva Ecija. Actually not too far from a rice research centre
We do use hybrids and have managed 3 harvest per year about 50% of the time.
Given all the costs involved it's not really what you'd call a great business. We have to 'outsource' just too many activities.
We DO make a small profit.
It DOES put food on the table for many of our family.
To make it a worthwhile income stream we'd need to have a lot more land under crop and secure control of a lot more activities within the family.
However.............that in itself doesn't help with issues such as pest control, weather and the associated costs of growing.
There's money to be made but not for us. Almost a closed shop
Mind you, I'm not selling up.
Well not yet anyway.