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Beans Storage Biz Is No Longer Profitable - Agriculture - Nairaland

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Beans Storage Biz Is No Longer Profitable by ola185: 10:27am On May 06, 2019
Based on what's currently going on in d market, this year storage biz looks scary. Both farmers and Buyers of d farm produce are complaining bitterly of low sales. May God help us!
Re: Beans Storage Biz Is No Longer Profitable by shariff84: 11:06am On May 06, 2019
Yes it's true because in the north people farm it more than anything this year. up to now in Niger state a bag is 16k but last year like this time is 32k.
Re: Beans Storage Biz Is No Longer Profitable by ola185: 1:27pm On May 06, 2019
shariff84:
Yes it's true because in the north people farm it more than anything this year. up to now in Niger state a bag is 16k but last year like this time is 32k.
The prize might change by june/july because it can only be planted once in a year unlike maize which can be planted twice in a year..
Re: Beans Storage Biz Is No Longer Profitable by hopevalley: 1:46pm On May 06, 2019
ola185:
Based on what's currently going on in d market, this year storage biz looks scary. Both farmers and Buyers of d farm produce are complaining bitterly of low sales. May God help us!
The solution is very simple. Just be exporting the beans to make a staggering amount of money. This is a truism. Click on the first link on my signature for details.
Re: Beans Storage Biz Is No Longer Profitable by bakila: 2:31pm On May 06, 2019
hopevalley:

The solution is very simple. Just be exporting the beans to make a staggering amount of money. This is a truism. Click on the first link on my signature for details.
Export to where?

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Re: Beans Storage Biz Is No Longer Profitable by ola185: 8:51am On May 13, 2019
bakila:

Export to where?

Good question
Re: Beans Storage Biz Is No Longer Profitable by ola185: 9:08am On May 26, 2019
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Re: Beans Storage Biz Is No Longer Profitable by Burchester: 10:54am On May 27, 2019
Any updates on beans ?
Re: Beans Storage Biz Is No Longer Profitable by Nobody: 11:57am On May 27, 2019
I believe the price will go up say next year.

the current attack on farmers will definitely reduce next year production which will bring about shortage in supply at the end shifting the price.

the price has drop to 15k per bag
Re: Beans Storage Biz Is No Longer Profitable by DEBJOCH1(m): 2:03pm On May 27, 2019
Wicked Nigerian, the government has invested hugely in Agriculture to make sure that the nation sustain in food production, the vision is gradually paying in, the prices of beans has crashed, we no longer import beans from Burkina Faso and the neighbouring countries, and here some enemies of the land are here lamenting about the drastic reduction in the price of beans. Shame on you all.

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Re: Beans Storage Biz Is No Longer Profitable by funsoul: 4:53pm On May 27, 2019
DEBJOCH1:
Wicked Nigerian, the government has invested hugely in Agriculture to make sure that the nation sustain in food production, the vision is gradually paying in, the prices of beans has crashed, we no longer import beans from Burkina Faso and the neighbouring countries, and here some enemies of the land are here lamenting about the drastic reduction in the price of beans. Shame on you all.

Lol. You can't really blame them because no one wants his or her investment to be a loss. If the govt past had done their bit this would be a moot point. This storage business is a source of livelihood for some ppl.If the new trend is sustainable then grain storage will no longer be a source of income.
Re: Beans Storage Biz Is No Longer Profitable by Nobody: 6:32pm On May 27, 2019
Lord of mercy! grin grin grin
Re: Beans Storage Biz Is No Longer Profitable by ola185: 7:18am On Jun 03, 2019
funsoul:

Lol. You can't really blame them because no one wants his or her investment to be a loss. If the govt past had done their bit this would be a moot point. This storage business is a source of livelihood for some ppl.If the new trend is sustainable then grain storage will no longer be a source of income.

You have said it all... Thanks!
Re: Beans Storage Biz Is No Longer Profitable by amstardi: 12:16pm On Jun 04, 2019
thunder will strike all you praying for the price to go up.. wicked fucktards

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