Don't let others discourage you! What you are planning CAN be done and a lot of money can be made!! The 1 year failure rate, even in the U.S. is 50% for new businesses, but with enough capital, homework, plain old hard work, and the willingness to do WHATEVER it takes it can be done! Look at all the successful businesses in the Philippines!! Here is a perfect example of what you are wanting to do and his success story! Rice Mill Business in the Philippines And he did it competing against too many Filipinos! I would suggest you contact him or go visit him! It would be cheaper than failure!! And for all the naysayers...... Sugar is at one of it's highest levels now! 88,000P is what my brother in law netted from one truck load of sugarcane and that was grown on 1/2 a hectare!! Do the math!! That was with only one harvest! Some growing areas have multiple harvests a year! With the price of rice now, it is almost as lucrative too! You think land is too expensive to buy? There are ALL kinds of leasing options! One is you pay money up front for a long term lease (5-8 years average) and at the end of your "lease" you get all your money back! It is more like a loan where you hold the land as collateral and get to use it until your "lease expires" and the owner pays you back. In some cases the owner doesn't have the money too pay you back and you can continue to use the land until he does! Killer deal! Sharecroppers will work the land for you for a 50% cut and you pay for seed and fertilizer too if you don't want to be involved in farming. Think outside the box and it CAN be done!