‘Golden crop’ loses lustre, smallholders’ incomes drop by 50%


Mohd Farhan Darwis

Smallholders like Suzaidee Rajan in Ijok, Selangor, produce about 40% of all fresh fruit bunches and are among the worst hit when the price of oil palm products plunges. – The Malaysian Insight pic by Nazir Sufari, February 6, 2019.

DESPITE the industrialisation boom of the 1990s, Malaysia continued to invest in palm oil as its popularity as an edible oil continued to grow worldwide.

As a result, the amount of land planted with oil palm in Malaysia doubled from 2.5 million hectares in 1990 to 5.85 million.


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Comments


  • It is clear from this report that palm oil is no longer a viable economic model. Old people should not have to be working their lands anyway and small plots are not efficient. Instead of the government trying to defend a dying industry it should totally overhaul crop growing to protect the environment and the income of the landowners. The old model no longer works

    Posted 1 year ago by Malaysia New hope