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Agric/grains Commodity Purchase/storage - Agriculture (3) - Nairaland

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Re: Agric/grains Commodity Purchase/storage by uwem18: 9:00am On Nov 03, 2016
if you have grains to sell and they are in large quantities especially Maize Soy beans Sorghum contact me 07030939487
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 3:23pm On Nov 05, 2016
For those interested in doing deliveries for grains. Please collect your funds before delivery except where you have a BG from the company

We are in a recession and i have heard stories that touch. Better to have your goods unsold than sold for free
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 3:30pm On Nov 05, 2016
We welcome the arrival of sesame and dry pepper in trickles, hopefully prices will dip before the end of the month.

Sorghum and rice are available in some states as well.

Maize should be available in most states by now though prices have started going up

As it is, we are already in an over priced market so be extremely careful not to go beyond the entry price range.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 9:26am On Nov 06, 2016
I am compelled at this point to make a cavaet.

I am not responsible for losses incurred by actions taken from assumptions made from this thread. Neither am i entitled to any or part of your profit

I am also not liable for transactions made via proxy or through contacts i have given out, without expressly informing me before transacting

I solely bear responsibility for only transactions or purchase originating via transfers into my account which can be traced and documented

I have been fair in all assessment of commodities and price range/timing given and i have often given out probable markets of purchase for intending investors

Like indicated earlier, the commodity markets has it's own positives and negatives. There is a price attached to experience which is what i offer and place a premium on.

I do not guarantee price increase/time range as the market is dynamic

Guarantee is only given on annual investing which has a fixed interest per annum regardless of market indices.
Re: Agric/grains Commodity Purchase/storage by soterslove: 5:23pm On Nov 06, 2016
@all, A bag of Dry chilli pepper currently 13K in Kebbi State.


cc: olayimikami

1 Like

Re: Agric/grains Commodity Purchase/storage by Tyche(m): 8:13pm On Nov 06, 2016
The commodity storage biz this year is the most challenging in my few years Ib the business.
It looks more like the profit this year will be very marginal compared to the last three years.
Re: Agric/grains Commodity Purchase/storage by Tyche(m): 10:00pm On Nov 06, 2016
soterslove:
@all, A bag of Dry chilli pepper currently 13K in Kebbi State.


cc: olayimikami

Any idea what the price was like same time last year?
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 10:44pm On Nov 07, 2016
soterslove:
@all, A bag of Dry chilli pepper currently 13K in Kebbi State.


cc: olayimikami

Thanks.

Was in Kaduna today and prices were between 18-21k for three different varieties of chilli. Will try to upload later.

Think ginger season is also very active so go get yours stored.

All pix to be uploaded later
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 10:48pm On Nov 07, 2016
Tyche:


Any idea what the price was like same time last year?

13k is fair, was 16k in nasarawa last year.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 10:53pm On Nov 07, 2016
Tyche:
The commodity storage biz this year is the most challenging in my few years Ib the business.
It looks more like the profit this year will be very marginal compared to the last three years.

Some commodities look very strong in the open market. Playing with price differential in diverse markets may help.

Sometimes there is a margin which can be turned over conveniently.

Maize and soya have been a surprise for me
Re: Agric/grains Commodity Purchase/storage by simeontos(f): 11:14am On Nov 08, 2016
Olayimikami:
For those interested in doing deliveries for grains. Please collect your funds before delivery except where you have a BG from the company
We are in a recession and i have heard stories that touch. Better to have your goods unsold than sold for free

I totally agreed with you bro, but what is the meaning of BG? and what other precautions can one take since most of the other i received are LPO and they all promise pay on delivery.

Thx
Re: Agric/grains Commodity Purchase/storage by Tyche(m): 12:12pm On Nov 08, 2016
Olayimikami:


Some commodities look very strong in the open market. Playing with price differential in diverse markets may help.

Sometimes there is a margin which can be turned over conveniently.

Maize and soya have been a surprise for me

Spot on as per maize and Soya. Never have an entry price been soo high as what we are witnessing this year.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 12:21pm On Nov 08, 2016
simeontos:


I totally agreed with you bro, but what is the meaning of BG? and what other precautions can one take since most of the other i received are LPO and they all promise pay on delivery.

Thx

Bank Guarantee:BG

If you have the financial muscles, you can also do delivery before payment. However, most of those clients delay payment, that's if they dont end up swindling you
Re: Agric/grains Commodity Purchase/storage by soterslove: 6:21pm On Nov 08, 2016
@all, chilli was 8k per bag in Kebbi and Sokoto markets by the last week of december last year... lets keep watching...
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 8:21pm On Nov 08, 2016
soterslove:
@all, chilli was 8k per bag in Kebbi and Sokoto markets by the last week of december last year... lets keep watching...

I hope we are all referring to the same bag size and varieties
Re: Agric/grains Commodity Purchase/storage by bezaleeltech: 2:02am On Nov 09, 2016
I have garri Ijebu in Large quantity
contact me. 0810 378 1532
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:07am On Nov 12, 2016
Dry pepper varieties

Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:12am On Nov 12, 2016
Also called the bird eye pepper and is bagged in size 30 A6 sack but not capped. Current price in nasarawa market is 26k, farm gate is 24k.

1 Like

Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:17am On Nov 12, 2016
Let's have a price synergy of commodities in our locality.

I believe some of the most volatile are maize and soya for now.

Prices for botprices almost at last years exit price and i fear most speculators may find it hard to sell at much higher prices

Sesame out but trading @35k a bag,company prices may however drop the prices to 24k-27k from next week
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:20am On Nov 12, 2016
Dry split ginger/Fresh Ginger

Re: Agric/grains Commodity Purchase/storage by loye80: 7:36am On Nov 12, 2016
Olayimikami:
Let's have a price synergy of commodities in our locality.

I believe some of the most volatile are maize and soya for now.

Prices for botprices almost at last years exit price and i fear most speculators may find it hard to sell at much higher prices

Sesame out but trading @35k a bag,company prices may however drop the prices to 24k-27k from next week


Thank you for the good work. What was the exit price for maize and soya last year and what is the price now? And the price of ginger in nasarawa now. Thanks
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 1:42pm On Nov 12, 2016
loye80:
Thank you for the good work. What was the exit price for maize and soya last year and what is the price now? And the price of ginger in nasarawa now. Thanks

You are welcome sir.

Exit was N130/140 per kg @ for maize, N200/modu in the open market. Those were the high end prices.

Soya was N120/140 per kg, N150 per modu in the open market.

Ginger is predominantly Kaduna and not nasarawa. Price range is 19k-21k per bag. Approx average weight is 50kg per bag
Re: Agric/grains Commodity Purchase/storage by Sanitty(m): 10:04pm On Nov 12, 2016
A bag of soya yesterday at Kontagora market was 13000 to 15000
Re: Agric/grains Commodity Purchase/storage by henrimoto(m): 8:58am On Nov 13, 2016
@Olayimi..

Welldone Bro. Do you know the current price of fresh ginger per bag? secondly, will buying fresh ginger directly from farmers at the farm be of better low price advantage?

Thank You.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 12:04pm On Nov 13, 2016
henrimoto:
@Olayimi..

Welldone Bro. Do you know the current price of fresh ginger per bag? secondly, will buying fresh ginger directly from farmers at the farm be of better low price advantage?

Thank You.

Fresh Whole ginger is 7-9k per bag.

Farm gate is always cheaper than market price, however you need to understand the scaling ratio.
Re: Agric/grains Commodity Purchase/storage by henrimoto(m): 9:14pm On Nov 13, 2016
Olayimikami:


Fresh Whole ginger is 7-9k per bag.

Farm gate is always cheaper than market price, however you need to understand the scaling ratio.
can one bag of fresh whole ginger make up 40kg of split dried ginger? or how many of fresh whole ginger bag will make up 40kg of split dried ginger?

Thanks for Sharing knowledge.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 4:43pm On Nov 14, 2016
henrimoto:
can one bag of fresh whole ginger make up 40kg of split dried ginger? or how many of fresh whole ginger bag will make up 40kg of split dried ginger?

Thanks for Sharing knowledge.

You will definitely required more weight of fresh whole ginger to make up 40kg of split dried ginger.

Even if you store up your fresh ginger, it will gradually lose weight from change in surronding temperature

Please use moisture content values to determine dry matter ratio.

Dried state could also be in stages and of different value
Re: Agric/grains Commodity Purchase/storage by Kunglaw619: 1:54pm On Nov 16, 2016
How much is a bag of dried split ginger today?
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 9:30pm On Nov 16, 2016
Kunglaw619:
How much is a bag of dried split ginger today?

20k as at monday
Re: Agric/grains Commodity Purchase/storage by henrimoto(m): 6:50am On Nov 17, 2016
Olayimikami:

20k as at monday
Location pls.
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 7:37am On Nov 19, 2016
henrimoto:
Location pls.

Primary location of commodity is kaduna. Anywhere in Kachia LGA will do. Kafanchan also has similar prices
Re: Agric/grains Commodity Purchase/storage by Olayimikami: 12:27pm On Nov 20, 2016
I had earlier suggested a price synergy, but sense most are not willing to be forthcoming with current prices.

The following commodities are available currently at fairly okay entry prices

1, Soya beans
2, Maize
3, Rice
4, Sorghum
5, Dry pepper

Remember to treat commodities before storage if holding long term

Don't store beyond your capacity as it may not be easy to sell without prior experience.

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