Malaysia is working towards a national average crude palm oil fresh fruit bunch (FFB) output of 35 tonnes per hectare by 2020 from the current production of 20.2 tonnes per hectare.
Minister of Plantation Industries and Commodities Tan Sri Bernard Dompok said there were several plantation companies and smallholders who managed to reap an average FFB harvest of above 30 tonnes per hectare,” he said at the opening of a one-day seminar on “Reach and Teach Friends of the Industry: Challenges and Opportunities in 2010″ here on Tuesday.
He said the government has funded a study to understand the characteristics of the palm oil genome as an enhancement measure towards producing better planting materials.
In addition, he said the government provided incentives, in the form of rebates to clonal laboratories, a RM200 million allocation to fell old trees and a RM100 million replanting grant for smallholders.
Besides, he said a majority of smallholders were producing below the national average.
” Currently 540,000 hectares of land is planted with oil palm and are managed by independent smallholders, who accounts for 11.6 per cent of the total planted area,” he explained.
He said the sector was important in increasing national productivity and reducing rural proverty.
More Recent Palm Oil News 
- Crude Palm Oil Ends Up On Weekend Short Covering; Upside Limited
- Crude Palm Oil Recovers Late On Short Covering
- Crude Palm Oil Ends Down As Demand Prospects Weaken
- Crude Palm Oil Rises Slightly; Weak Demand Limits Upside
- Crude Palm Oil Ends Up On South America Crop Worries
- Crude Palm Oil Rises On Pre-Holiday Short-Covering
- Crude Palm Oil Falls Due To Bearish Export Outlook
- Crude Palm Oil Ends Higher On South America Weather
- Crude Palm Oil Ends Down On Profit Taking; USDA Report In Focus
- Crude Palm Oil Rises In Light Trade; USDA Data In Focus
- Crude Palm Oil Steady; South America Weather May Underpin
- Crude Palm Oil Ends Up In Light Trade; Fresh Cues Awaited
- Crude Palm Oil Ends Up On Weather Concerns; More Gains Likely
- Crude Palm Oil Ends Down On Profit Taking, Europe Worries
- CPO Ends Unchanged; May Slip Toward MYR3,200 After Recent Rally
PRO Palm Oil Live Market News
- China Soybean Futures Rise A Tad On South America Output Worries
- China Dalian Commodity Exchange Grain Stocks, Feb 07
- China Dalian Grain Futures Closing Prices, Volume
- Asia-Pacific Commodities Events Calendar
- Southeast Asia Palm Oil Weather – Feb 6
- European Veg Oil PM Palm Oil & Lauric Oil Prices – Feb 6
- European Veg Oil AM Palm Oil & Lauric Oil Prices – Feb 6
- India Commodity Prices Including Palm Oil – Agriculture
- China January Soybean Imports Likely 4.86 Mln Tons -Ministry
- SUBSCRIBERS: No Asian CPO Closing Comment Monday, Tuesday
- China Soybean Futures Hit 3-Month High On Strong U.S. Jobs Data
- China Dalian Commodity Exchange Grain Stocks, Feb 06
- China Dalian Grain Futures Closing Prices, Volume
- SUBSCRIBERS: No Malaysian Palm Oil AM, PM Cash Market Prices Mon-Tue
- Asia-Pacific Commodities Events Calendar
