jethro2:

Please can you assist with the purchase of some vegetable seed in Kenya?

Lesgupnigeria:


Yes, farmers needs to know that they need to change their strategy to make profit.

You can not use one person result to judge cassava profitability in nigeria.

Many are making money, you can't be using the old idea to achieve result.

I can post and give you the direct link.of.people and nairalanders.that.made money from cassava that i manage their farm for last year.

We also need to look.beyond cassava and talk of agribusiness generally because cassava is not the only crop we plant in nigeria

If you don't use the right strategy, you might not make profit in other crops as well.

As an experienced and expert in cucumber plantation, Would you tell me that all the farmers that cultivate cucumber are making profit?
Its absolutely No

Whether you venture into cucumber,tomato,plantain,watermelon or cassava and and you didnot do it the right way, Low profit or loss is knocking at your door.

Making profit or loss boils down to doing the market research,doing it differentlt from other does it, develop good business relationship with reliable buyers etc

Fhemmmy:


I personally think if you are able to do this, it will clear a lot of doubts and help all the novice to know more about how to make money from cassava farming. ... of course with permission from the farmers...... I am still following you too to learn.... but wanna make sure I dont get burnt in the cassava venture before I do, so would to verify all verifiableS

Pavore9:
l can help but sending things down to Nigeria is the issue, if u have anyone visiting Kenya soonest, do let me know, so we arrange.

Lesgupnigeria:

I have the intention of.doing that,thats why i put it here.
In due time,i will do that.
i will inform them before i.do it or if i can be able to convince them to.post it themselves.

Although i posted some cassava transactions i made some months ago when i was accused of not engaging in any cassava transactions.

Thats has not actually convince some people that cassava is profitable.

Even if i post hundred of thousand of evidences here, that might not still guaranteed that you will make good profit if not done the way it should.

ADONRI:
@Lesgupnigeria, Its amazing how you are still adamant on the fact fact that Cassava farming if profitable, regardless of the experience most of us gave here on failing....please I and most of us here would appreciate if you can respond to @Jethro2 list of the things that can help us analyse the market below, in that way we can see how we can arrive at profit....Thanks in anticipation.

Facts and Figures

1. I planted so so amount of cassava on so ao hectares of land.
2. I harvested after so so months and from an hectare i got so so quantity
3. I supplied to so so company at the rate of so so
4. My cost of production is ------------
5. My sales after harvesting is -------------
6. Transport cost for 3 tones from Saki to Lagos is ..........
7. The yield for my variety is .............
8. Cost of loading ................

stagger:

My friend, instead of wasting time on another person's story, why not take some of your own money and take the risk of developing your own unique strategy for profiting from cassava? Is Saki the only place cassava is planted in this country, or are gari and lafun only eaten in Lagos? Take your own risk and have a story to tell.
A glass can be half full or half empty. Even if he posts everything some people will not be convinced.

stagger:
However, the export market is an elite market. If you cannot speak Hausa or you have no Hausa-speaking partner to break into this market for you, sorry!

So what is the point I am making here?

Don't just blunder into a business without getting access to market research. Companies spend a lot of money on market research because that is what separates the profitable ones from the losers.

Cassava is profitable. You just have to know where the profits really are.

Lesgupnigeria:
@ADONRI
How i wish you have a learning mind to grasp all what have been said here.

I am talking of doing your business differently to.achieve result,you are talking of analysing.cost of production and transportation in Saki

Will cost analysis tell you how to make profit?

As a follower of jethro,i think you.should have ask her to.give you the facts and figures because she farm there.

ADONRI:



Well it is clear you are not here for a positive contribution to this thread or maybe you are hoarding information so that you can be consulted to get your 20% ROI, I am a follower of Jethro2 thread because of its free and helpful content which is to teach people what you know so they can learn from it and be inspired to imitate or emulate your success.

Ibrahym:
Good thread. I have learnt a lot from the contributions so far.
Jethro, from your OP, you ventured into the business on the premise that cassava cost per tonne was about N18,000.
But the rates in your area is like N5,000 to say N10,000 per tonne depending on the variety, quality, etc
Would you say:
(a) The initial forecast of N18,000 was just wrong
(b) It was reasonable, but you did not factor that over-supply of Cassava in recent times forced a reduction in price
(c) It was reasonable, but you did not factor that practices of buyers delaying purchase now frustrates sellers to reduce prices
(vice versa, this is common in the rice value chain as paddy rice sellers try to hoard and delay sales to when there is scarcity in the market).
(d) It was reasonable, but you did not factor that selling price depends (i) the seller's cassava quality and bargaining power plus (ii) the type of buyer and what they use cassava for, e.g. garri, starch, etc.
Generally, I think for anyone going into business, you have to carry out thorough research based on your location, ensuring you have potential off-takers (buyers) and a fall back plan.
Ultimately, as others have also said, one will also have to invest in the Cassava value chain, i.e. start processing into starch, gari, ethanol, etc
Only then can you be the master of your own game and business.
I understand it is capital intensive, but one must find a way: either by starting small, getting loans, using cooperative, etc.

amarawa:
...but another flip side of the story, as I was told by a farmer who is also finding it hard to sell his cassava, is that people who will plant cassava this year will enjoy better price for their harvest because many people will not plant this year because of the low profit. so hopeful by this time next year it will be profitable.
I had such an experience in 2011, when people were making millions from buying and selling ginger, by the following year the price dropped because of glut. I lost 1m in that biz.
so Jethro, instead of us focusing on the low prices of cassava, I think we should be brainstorming on the way out like turning it into chips and bagging it. or any other low cost processing options.

stagger:

No businessman will give away his trade secrets.
The fact we have established is that cassava processing pays more than selling raw tubers. That should be the direction we are headed, not trying to find out how Legsupnigeria is making money from selling his raw tubers. I don't know how he does it and personally I am not bothered about it because the market space is huge for other processed products of cassava. I do not know why so many of you here are just fixated on selling raw tubers and finding out how one person is doing it when the general consensus is that you stand to make more money processing cassava than selling raw tubers.
.

jethro2:

When professional talks, they back it up with fact and figures. The fixation comes from lesgupnigeria claiming to have made N1,000,000 from 5 hectares of cassava that he planted.
He also made it a point on several occasion revering to people that has contrary opinion as failures hence the need for the people demanding for truth.
Every one except lesgupnigeria claims cassava planting and selling is profitable.
Don't you think we are not asking for too much?
We all know the truth hence we will let the sleeping dogs lie.

jethro2:

When professional talks, they back it up with fact and figures. The fixation comes from lesgupnigeria claiming to have made N1,000,000 from 5 hectares of cassava that he planted.
He also made it a point on several occasion revering to people that has contrary opinion as failures hence the need for the people demanding for truth.
Every one except lesgupnigeria claims cassava planting and selling is profitable.
Don't you think we are not asking for too much?
We all know the truth hence we will let the sleeping dogs lie.

securi:
Dear sis, pls leave this issue, you have done well by alerting anyonw considering cassava to be careful to avoid regret later.pls end it that way.if he is not ready to disclose further info no one can force him. Let him do his things while you do yours, you have done the good work of warning ppl to look well before they leep.God bless
you.

samuel25:
@Jethro2. How many tons will you regard the measuring van (jalukere) in your area please. Is it the a ton or more than.

jethro2:

Thank you so much sir.
As much as i tried to avoid lesgupnigeria and stagger thread, post or comments, the two always want to force it down my throat to accept their unproven theory.
But like you advice sir. henceforth i remain mute to whatever they ve got to write.
Let the wise be warned.
Thank you sir

stagger:


I went to a primary school when Agric Science was taught practically and every student had 3 farm ridge allocated to them as far back as 1980/1981.

stagger:
I had a Professor of Agric as my neighbour as at 1984. Planted a variety of foodstuff including plantain, oil palm, pineapple, etc. Even maize and beans. I have fried gari in my backyard with my two hands, white and yellow.

stagger:


Nobody is forcing anything down your throat. You are just childish by making personal attacks. I told you before: stop thinking with your hormones. Save that for your husband at home not here.

stagger:

I am even scheduled to attend a Food Safety seminar in University of Ghent from September to December 21st, strictly for agro processors.

jethro2:

Hmnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnmnnnnnnn

stagger:

Leave that your Saki and travel a bit so u get exposed. Your world view is highly myopic.