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Listen-up Young Agropreneur: Agro Commodities Trading/business Is Vast.. - Agriculture - Nairaland

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Fellow Nairalanders Pls Help A Young Agropreneur / Frustration Of Many Young Agropreneur/entrepreneur....sehgatehub / Step By Step How To Become An Agropreneur “commodity Exporter”. A DIY Guide (2) (3) (4)

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Listen-up Young Agropreneur: Agro Commodities Trading/business Is Vast.. by SehgateTeam(m): 11:01pm On Jan 04, 2017
Unknowingly, most people mixed up agro commodities trading/business up without defining which aspect of it they will trade on. But I will help you to categorize it in a very simple way for you to understand.

Animal extract; Trading and exportation of animal extract have some limitations and you have to be careful because not all countries allow the killing of their animals. Most of these commodities are illegal e.g. (elephant tusk, crocodile skin, python skin, donkey skin, hides and skin, cow horn etc). This is too risky with high profit margin. You need to learn more about their terms and conditions before venturing.

Agricultural raw materials; trading this needs a lot of commitments and involves huge sum of money to start. A lot of big players are involved so competition is very high. Most buyers of this category of commodity make payment with LC (letter of credit) therefore it gets frustrated if you don’t have collateral to stand in for bank loan because not every buyers can make upfront payment for first time contacts. While battling with money to export 50tons of cocoa bean seed, other big players are ready to export 10,000mt without delay. But if the capital is readily available or you have a good investor, then you are good to go. You can read more on how to go about this, example of these products includes; cocoa bean seed, cashew nut, sesame seed, maize, gum Arabic, hisbiscus flower, hardwood and charcoal.

Agricultural waste; trading this involves visiting and signing of MOU with agricultural processing factories home and abroad to get their waste at some time interval. Most agricultural industrial waste serves as a major raw material for the production of some goods


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