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Agric/grains Commodity Purchase/storage - Agriculture (1) - Nairaland

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Re: Agric/grains Commodity Purchase/storage by Olayimikami: 6:50am On Oct 15, 2016
Tyche:


Respect

Thanks for the kind words. I appreciate
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 6:56am On Oct 15, 2016
Acknowledge all text messages and calls with thanks. My intention is not to create a whatsapp group as that may not necessarily translate to increase income for us all.

However if someone wants to champion the course and there are identifiably goals and objective, please go ahead. I will provide support from the rear.

1 Like

Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:05am On Oct 15, 2016
It is also important i address the issue of trade secret for those who have reservation about my comments.

Why would i advice people to buy stock at the wrong time, under a recession; just because i want to make a few naira notes. The money will finish now.

Integrity is scarce and that is what is killing our systems and starving it.

Always do your due diligence before purchase. The fact that it worked today does not mean it will tomorrow

2 Likes

Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:23am On Oct 15, 2016
Back to our value chain biz. Since maize and dawa seem hot topics, lets dive in immediately

Maize.
Maize is the equivalent of gold this year. It holds the key to a lot of industries. Maize was grown heavily this year but due to bad weather, pest and flooding; harvest was poor.

It is the main staple food of the northern peasants, grinded and used as tuwo masara.

Due to poor harvest, most farmers retained almost 50% of their harvest as food and for onward sale at higher prices

The result is what we are experiencing in the market with higher livestock feed cost

Maize is been competed for by but humans and animals so the effects may be catastrophic this year though research is tilting in the usage of alternatives for livestock.

Prices have hovered between 8k -18k in the last 3 weeks.

Thread with caution though. Make sure you are buying dried corn and do add preservatives. Cheaper entry price does not necessarily translate to more ROI. Seed quality also counts depending on your intended market

NB: Always adhere to withdrawal period if using certain pesticides, you do not want to be the reason for sudden deaths
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 8:11am On Oct 15, 2016
Guinea corn
Apart from the pap,ogi or koko it is used for, most people do not really relate with guinea corn.

How many of us have gone to the market to purchase it before? Very few indeed.

Used as an alternative feed source extensively last year and may enjoy similar patronage this year as well.

Enjoyed appreciable price increase last year.

Currently still selling as high as 25k a bag from entry price of 5k.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 11:28am On Oct 15, 2016
Any idea of entry period for palm oil and ogbono?

Not my area of speciality so i will need help on this.

Edo should be HQ for ogbono now.

2 Likes

Re: Agric/grains Commodity Purchase/storage by debeey87(m): 12:07pm On Oct 15, 2016
Kindly explain what you mean by withdrawal period

Olayimikami:
Back to our value chain biz. Since maize and dawa seem hot topics, lets dive in immediately

Maize.
Maize is the equivalent of gold this year. It holds the key to a lot of industries. Maize was grown heavily this year but due to bad weather, pest and flooding; harvest was poor.

It is the main staple food of the northern peasants, grinded and used as tuwo masara.

Due to poor harvest, most farmers retained almost 50% of their harvest as food and for onward sale at higher prices

The result is what we are experiencing in the market with higher livestock feed cost

Maize is been competed for by but humans and animals so the effects may be catastrophic this year though research is tilting in the usage of alternatives for livestock.

Prices have hovered between 8k -18k in the last 3 weeks.

Thread with caution though. Make sure you are buying dried corn and do add preservatives. Cheaper entry price does not necessarily translate to more ROI. Seed quality also counts depending on your intended market

NB: Always adhere to withdrawal period if using certain pesticides, you do not want to be the reason for sudden deaths
Re: Agric/grains Commodity Purchase/storage by debeey87(m): 12:09pm On Oct 15, 2016
I think palm oil is usually between December and Feb/March
Olayimikami:
Any idea of entry period for palm oil and ogbono?

Not my area of speciality so i will need help on this.

Edo should be HQ for ogbono now.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 12:48pm On Oct 15, 2016
debeey87:
Kindly explain what you mean by withdrawal period


Pesticides are dangerous and pose a health risk to humans. However, most grains are poorly stored by using above recommended doses of preservatives which tends to keep the grains pest free during long storage.

Residuals of this chemicals are known to be retained in the grains and can be transferred to consumers, this is known to cause cancer among other ailments.

Please follow prescription written on bottle before applying to grains.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 12:54pm On Oct 15, 2016
Example: If you have treated you bean, maize to stay for 6 months, it isn't ethical to sell within 2-3 months of treatment as retained residuals will affect livestock. Except you have adviced the buyer of the chemical composition used he is also storing for future use

This is a typically reason why our beans has failed woefully in meeting EU standards for imports
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 1:09pm On Oct 15, 2016
debeey87:
I think palm oil is usually between December and Feb/March

@debeey87: Thanks a lot
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 6:05pm On Oct 15, 2016
Olayimikami:


Are you interested in the biz or in the 100% ROI?

If its the 100%, contact @Bakila.

For the biz, my details are littered around the threads. You can pchat me

This only brings me to one conclusion, most people are not reading between the lines.

The no of views are growing but we are all bothered about the returns and not the growth of the sector.


I do not mind your sarcasm gentleman. I do not ask for anyone's money, my point remains that it has a good ROI and with instances of loss.
It is capable of a 100% and above with all the other risk involved in business.
Anyone who wants to do business should do his due diligence also, we have had an ONIONS LADY HERE BEFORE.

@Bakila: You may wish to post the onions lady link for reference please
Re: Agric/grains Commodity Purchase/storage by Tyche(m): 9:24pm On Oct 15, 2016
Olayimikami:
Any idea of entry period for palm oil and ogbono?

Not my area of speciality so i will need help on this.

Edo should be HQ for ogbono now.

Entry period for palm oil is April through May.
Re: Agric/grains Commodity Purchase/storage by bakila: 11:12am On Oct 16, 2016
Olayimikami:
Olayimikami:

The no of views are growing but we are all bothered about the returns and not the growth of the sector.


@Bakila: You may wish to post the onions lady link for reference please
Gentleman, the ONIONS LADY IS well known on Nairaland. She/he is why you may receive little response. I also pointed out in my post that I am no broker/manager for does wishing to enter storage business and by implication not in any competition with you. Just type Onion Kebbi in the search button above you will have your answer.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 12:40pm On Oct 16, 2016
bakila:

Gentleman, the ONIONS LADY IS well known on Nairaland. She/he is why you may receive little response. I also pointed out in my post that I am no broker/manager for does wishing to enter storage business and by implication not in any competition with you. Just type Onion Kebbi in the search button above you will have your answer.

Apologies if my statement got mixed reactions. Honestly, it was pure sarcasm.

Competition, no way. I have willfully rejected funds sent to me by some nairalanders and for good reasons too.

Understanding the venture and improving on storage mechanism is more important to me. We ultimately need to improve the value chain for growth and sustainability.

I like the "Gentleman" reference though. Very soothing!!!

1 Like

Re: Agric/grains Commodity Purchase/storage by bakila: 1:18pm On Oct 16, 2016
Olayimikami:


Apologies if my statement got mixed reactions. Honestly, it was pure sarcasm.

Competition, no way. I have willfully rejected funds sent to me by some nairalanders and for good reasons too.

Understanding the venture and improving on storage mechanism is more important to me. We ultimately need to improve the value chain for growth and sustainability.

I like the "Gentleman" reference though. Very soothing!!!
Apologies accepted. You are write about Maize except flooding is not a problem but rain pattern.
I am surprised some practitioners of the Agro-value chain did not turn up here. You entry period is correct as well as the toxin level. The investment portion you want to pioneer is good, but plenty agro419 people don spoil market.
All the best in the good thing you are trying to do, I will come back here in July and share some of the good news recorded.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 12:48pm On Oct 17, 2016
bakila:

Apologies accepted. You are write about Maize except flooding is not a problem but rain pattern.
I am surprised some practitioners of the Agro-value chain did not turn up here. You entry period is correct as well as the toxin level. The investment portion you want to pioneer is good, but plenty agro419 people don spoil market.
All the best in the good thing you are trying to do, I will come back here in July and share some of the good news recorded.

Duly noted sir!!!!
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:29am On Oct 18, 2016
We welcome the arrival of maize, rice and soya. For those interested in warehousing and had made prior contact, u can do a reminder

New entrants can pchat for details.

Maize hovering between N130-N160 per modu depending on seed quality and location.

Btw 68-75 modu makes a 100kg depending on modu size which differs per location

I am currently only able to access rice (unprocessed) from one location for now at 12k- 13.5k for 75kg.

Alternatives sources still at harvest stage.

Will confirm price of soya by next week.

Hopefully, we can extend our lecture series to delibrate on sesame and ginger tonight
Re: Agric/grains Commodity Purchase/storage by Tyche(m): 7:34am On Oct 18, 2016
^
I believe you mean 13 to 16k per 100kg bag?
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:38am On Oct 18, 2016
Tyche:
^

I believe you mean 13 to 16k per 100kg bag?

Thanks. Modified
Re: Agric/grains Commodity Purchase/storage by tundebabzy: 10:00am On Oct 19, 2016
@olayimikami
My battery is almost dead from refreshing this page since yesterday. Sir, abeg continue the flow
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 4:11pm On Oct 19, 2016
tundebabzy:
@olayimikami
My battery is almost dead from refreshing this page since yesterday. Sir, abeg continue the flow

Sincere apologies. I have been mostly in transit
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 4:21pm On Oct 19, 2016
Sesame (Sesamum indicum)

Also called beneseed or beniseed

It is medicinal and comes in many shades of color. The seeds are used worldwide especially as sprinkles pastries applied to bread and hamburger. Many consume the seeds without mixing or make like egusi soup.

Sesame oil is used to massage the body and also for cooking. It has the highest anti oxidant content when compared to other oils.

Heavily used in the pharmaceuticals industry. It has grown to be a major export commodity and may not readily be found in most markets.

The demand for sesame has gradually grown over the years, making it one of the pride of exporters

Prices of sesame come as low as 18k and as high as 70k.
Re: Agric/grains Commodity Purchase/storage by debeey87(m): 9:54pm On Oct 19, 2016
Where can one get to buy and can they grow in the southwest
Olayimikami:
Sesame (Sesamum indicum)

Also called beneseed or beniseed

It is medicinal and comes in many shades of color. The seeds are used worldwide especially as sprinkles pastries applied to bread and hamburger. Many consume the seeds without mixing or make like egusi soup.

Sesame oil is used to massage the body and also for cooking. It has the highest anti oxidant content when compared to other oils.

Heavily used in the pharmaceuticals industry. It has grown to be a major export commodity and may not readily be found in most markets.

The demand for sesame has gradually grown over the years, making it one of the pride of exporters

Prices of sesame come as low as 18k and as high as 70k.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 11:56pm On Oct 19, 2016
debeey87:
Where can one get to buy and can they grow in the southwest

Predominantly grown in the north central.

Don't think it will do well down south as regards planting.

It is primarily an export commodity with agents setting the price for purchase
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 6:32am On Oct 20, 2016
Ginger
Ginger is a plant with leafy stems and yellow green flowers. The ginger spice comes from the roots of the plant. Ginger is the root or the rhizome of the plant and has been a popular spice for herbal medicine for years

It is used as medicine, in the manufacturing industries and as food.

Grown widely in the northern states of kaduna,kano,Nasarawa,Sokoto and Bauchi

Ginger is in three forms
1, Fresh (Green)
2, Whole Ginger
3, Dry split

No 3 is in demand in the international market but 1&2 are the most sort after. The whole dry commands the higher price.

Current prices for Dry Ginger (old) is 30k and Dry Ginger(new) is 25k per bag.

During its peak, fresh Ginger is sold for 10-15k per bag.
Re: Agric/grains Commodity Purchase/storage by tundebabzy: 10:14am On Oct 20, 2016
Please forgive my ignorance but what is pchat?
Re: Agric/grains Commodity Purchase/storage by Tyche(m): 4:02pm On Oct 20, 2016
@Olayimikami

Dry split ginger are on demand in the international market, you can take this to the bank.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:06pm On Oct 20, 2016
Tyche:
@Olayimikami

Dry split ginger are on demand in the international market, you can take this to the bank.
.

It's a typo and I have modified accordingly. Nice observation though. Thanks
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:10pm On Oct 20, 2016
tundebabzy:
Please forgive my ignorance but what is pchat?

Pchat = Private chat.

There should be a link on your profile page to do that

Better still, click on the handle you wish to private chat, then click on send email to: ........ and you are good to go
Re: Agric/grains Commodity Purchase/storage by tundebabzy: 8:44pm On Oct 20, 2016
@olayimikami I just made contact
Re: Agric/grains Commodity Purchase/storage by Tyche(m): 9:31pm On Oct 20, 2016
Olayimikami:
.

It's a typo and I have modified accordingly. Nice observation though. Thanks

UWC bro.

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