This fast growing tree grows in 4 years. 350 hybrid poplar trees project report given. With the good dimension you can easily sell 1 tree at around Rs 3000.
By planting 500 trees you can book a good profit of around Rs 1500000. By planting 350 trees in 1 acre and selling at Rs 2600 per tree you can earn around Rs 707060. This blog shares a comprehensive project report revealing that growing poplar trees for profit is possible in most countries.
350 Hybrid poplar tree project report 1 acre
Farmers growing teak as teak plantation profit per acre is high but it needs time, so look at this fast tree as well. Poplar tree is one of the fastest growing trees in the world and grows only in 4 years.
The project report will certainly help you to understand the farming cost and profit so that you can calculate your budget and start poplar farming in any country.
Poplar tree cost per acre
- Poplar seedling cost = Rs 28.
- Poplar trees per acre = 350 to 500.
- Let’s assume 355 trees are planted.
- Poplar trees cost per acre = Rs 28 x 355 plants = Rs 9940.
- Farm preparation cost = Rs 10,000
- Labour cost = Rs 15,000.
- Fertilizer cost = Rs 10,000.
- Irrigation cost = Rs 10,000.
- Tree care cost = Rs 10,000.
- Plant protection charges = Rs 6000.
- Miscellaneous cost = Rs 10,000.
- Total 1st year cost = Rs 80,940.
To get total farming cost for 4 years do a calculation given below:
- Reduce one time cost from the 1st year cost.
- One time costs are: Sapling cost and farm preparation costs.
- Total one time cost = Rs 9940 (sapling) + Rs 10,000 (farm preparation) = Rs 19940.
- So, the total one time cost = Rs 19940.
- Now reduce one time cost from first year cost = Rs 80,940 – Rs 19940 = Rs 61000.
As we buy plants only one time and land is prepared in the beginning so don’t add their cost again and again therefore it was necessary to remove one time cost.
After removing one time cost Rs 61000 is the cost that needs to be multiplied by 3 years to get the total 4 year cost.
Poplar tree hybrid growing time = 3.5 years to 4 years.
- Now multiply Rs 61000 (1st year cost without 1 time cost) with 3 years to calculate the cost for 3 years.
- 3 year cost = 3 years x Rs 61000 = Rs 183000.
- 4 year cost = Now add the one time cost with 3 year cost to get the total cost.
- Total 4 year cost = Rs 183000 + Rs 19940.
- Total cost for 4 years = Rs 202940.
Poplar tree profit per acre
- Poplar tree price per quintal = Rs 1500 to Rs 1600 in the Yamunanagar wood market.
- Average Poplar tree price = Rs 2500 to Rs 3000.
- Let’s assume the price is Rs 2600.
- Poplar trees per acre = 350 trees.
- Profit per acre = Rs 2600 x 350 trees.
- Profit = Rs 9,10,000.
- To get net profit subtract the cost from the profit.
- Net profit = Rs 202940 (cost) – Rs 9,10,000 (profit).
- Net Profit = Rs 707060.
Note – This is the assumption of the project report and the actual figure may differ according to the market, variety, demand and growth of the tree.
Start planting poplar trees for profit
Hybrid poplar trees are easily grown in India due to the suitable weather. If you have not started poplar farming then I would recommend planting poplar trees at your farms or empty barren plots. They grow all over India especially in Roorkee, Haridwar and most places of Uttarakhand and Punjab states.
Don’t waste your land by keeping them empty as you can easily grow poplar trees in India. Not only in India the poplar tree in European countries also grows well. Yes, poplar trees can be grown for profit in South Carolina. You just need to do the right practices.
Poplar growing key points
- It is recommended to plant 350 trees to maintain a good distance resulting in a good wood dimension.
- Sugarcane is the best multi crop with poplar trees.
- Sugarcanes are helpful for better and fast growth rate of the poplar trees.
- Plant sugarcane with poplar trees in the first year to give poplar trees a boost.
- You can reduce Fertilizer and water costs by collaborating with sugarcane farmers and asking them to plant sugarcanes with poplar trees.
Poplar trees information basics
Can poplar tree be grown for profit in South Carolina?
Yes it is possible to grow these trees with good practices.
Which poplar tree is best to grow for profit?
Grow hybrid poplar trees like 110, 109 and lombardy varieties.
Where are hybrid poplar trees for sale?
Hybrid poplars are mostly found in Uttarakhand and Punjab places of India. You can contact farmers who are selling hybrid poplar trees in India.
Are poplar trees fast growers?
Yes it is one of the fastest growing trees and hybrid poplar grows in only 3.5 to 4 years.
Can I grow poplar with sugarcane?
Yes, definitely. In fact it is good to grow poplar with sugarcanes as sugarcane helps in increasing the growth rate of poplar trees.
Conclusion – Today you learnt about the poplar tree project report containing cost and income returns in a specified time period.