One remarkable agribusiness entrepreneur we met at the Field Day at the farm of Carmelo Prado in Sariaya, Quezon on May 25,2018 was Nestor Kalaw of Lipa City. He is one of the most aggressive growers of high-value vegetables. We had met him several years back when his palatial home was newly built. Now he tells me, he has expanded his residence.
Nestor Kalaw at the field day in Carmelo Prado’s farm in Sariaya, Quezon.
In 2016, Nestor Kalaw was able to sell his harvest of 300 kilos of Red Hot chilli at P800 per kilo.
Nestor studied to become a seaman but he chose to become a vegetable farmer, a big one. He told me during the field day that he has rented 40 hectares in Batangas for growing such crops as tomato, ampalaya, hot chilli and others. He has different partners in different projects. For instance, he has a partner in tomatoes who takes of finances while he takes charge of field production. After deducting the expenses, they split the profit. Another partner could be in ampalaya.
One remarkable crop he told us at the field day was his crop of hot chilli in 2016. He planted just a small area where he harvested 300 kilos. But you know how much he made? He was able to sell the 300 kilos at P800 a kilo.
In 2017, he and his partner planted hot chilli on 21 hectares. They harvested a lot but they could only sell much of the harvest at only P70 to P80 per kilo. There were also harvests that sold for as low as P50 a kilo. The reason why the low price? There was a glut in the supply.
Now you see. Big volume of harvest does not necessarily mean bigger profits. Bigger area of production entails more labor, more financing, more hassles.
Nestor Kalaw (right) has shown interest in Sweet Fortune sweet corn grown in the farm of Carmelo Prado in Sariaya, Quezon.
By the way, he was eyeing at sweet corn as a possible crop that he will get into after seeing the good stand of sweet corn at the Prado farm.