Astrology Forecast: Investing in Farmland Amid Covid-19 Uncertainty
GDP Growth in Agriculture in the Philippines.
source: tradingeconomics.com
Low Supply, High Demand of Agricultural Products.
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In comparison to the previous years of agriculture production during the third quarter of 2019, and third quarter of 2020 the Philippines according to Philippine Statistics Authority, the value of agricultural production amounted to PhP 404.6 billion, higher by 4.1 percent from the previous year’s level. During the fourth quarter of 2019 and fourth quarter of 2020 the production declines for crops, livestock, poultry, and fisheries. At current prices, the value of agricultural production at PhP 503.8 billion was 5.0 percent higher than the previous year’s level. While the Philippine population grows and it is projected to become 115,377,992 in the next five years we should meet the supply for the demands of agricultural products.
The Triple Conjunction of Jupiter-Saturn-Pluto.
As the triple conjunction of Jupiter-Saturn-Pluto in December 2020 arise, people started a plan for their future, and many tend to look for stability. At the beginning of 2021, the world’s economies are starting to move up slowly. Stores are open for businesses, and people can go back to work until the second wave of the new virus arises. Now people are looking for a more stable source of income and starting their own business. One of the lucrative trending businesses in the future will be the agriculture sector, such as poultry farming, poultry eggs, crops, forestry, fisheries, and livestock farming. As the effect of covid-19 (Saturn-Pluto) transforms, most people are more focused on the essentials. The Jupiter-Saturn-Pluto conjunction gives growth and success when focused on the essentials.
The Rise of Agri e-Commerce Business.
In the next five years, with the support of Jupiter-Neptune, people will be more ambitious and optimistic about the promising possibilities of success. This will encourage the development and of technologies. This can help the advancement of Agri eCommerce businesses. The transition of businesses into a fully digital marketplace will take place and become a norm in the near future.
Investing in Farmland.
According to Philippine Statistics Authority, the inflation rate in the Philippines eased to 4.5 percent in March 2021. It is good to invest in real estate such as farmland that is expected to appreciate. Agricultural land is a low-risk investment that makes progress at the same speed as inflation. Real estate has long been considered an investment that protects your finances against inflation, as rent and property prices tend to increase with inflation. There is evidence that supports property real estate as effective inflation hedges.
Buying and Investing in Farmland based on Affordability and Budget.
Whether you are buying farmland for agricultural business, or to protect your finance from an increasing inflation rate each year, you should have a budget for it according to your affordability. Mortgage Calculator provides assistance in calculating real estate purchases according to affordability. They also provide printable amortization schedules if you are planning to take a loan from your bank.
Location is the Most Important in Business Success.
Choosing the location for your farmland is the most important thing when starting a new business. Make sure that the location has the support of Local Government Units. If you are going to build poultry there is a required distance from your neighbors depending on the size of your poultry business so you can easily get a permit. You can also check the flow of success and finance in an area with Astrocartography Reading.
