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Nairaland Forum / Nairaland / General / Agriculture / Ofada Rice Is Profitable (2288 Views)
Cow, Goat Sharing Is One Among The Best Business To Do Is Profitable / Quelea Quelea Bird Attack On My Ofada Rice Farm In 2017 (2) (3) (4)
Ofada Rice Is Profitable by AgriMax(m): 11:31am On Oct 19, 2018 |
Just want to share my experience on my just concluded afada rice production on an acre of farm in Ibadan Oyo state. I will be adding some necessary pictures when needed in the course of the discussion. |
Re: Ofada Rice Is Profitable by AgriMax(m): 11:34am On Oct 19, 2018 |
This is the picture of the farm getting close to parnicle initiation after tillering 1 Share
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Re: Ofada Rice Is Profitable by TeeSha(m): 11:39am On Oct 19, 2018 |
Following. |
Re: Ofada Rice Is Profitable by AgriMax(m): 11:49am On Oct 19, 2018 |
For anybody who is interested in farming and wants to invest on agribusiness and he or she is a novice as far as agriculture is concern, that person should feel free to talk to me on this thread and I shall gardly advice such person on how to be rich in just 4months after cultivating ofada rice or even other types of rice. The only difference in ofada rice cultivation and non-ofada rice type is the fact that ofada rice command higher price compare to the common or conventional rice in the market, maybe because of it health benefit and aroma. However, ofada rice produces less than the foreign or conventional rice. From my experience, ofada rice when cultivated under lowland condition, it can produce between 3-4tons per hectare while foreign rice can give you up to 12tons per hectare if well managed. |
Re: Ofada Rice Is Profitable by AgriMax(m): 12:17pm On Oct 19, 2018 |
Let me give a breakdown of the whole process; I planted my ofada rice on June 9th, 2018 in Ido local goverment of Ibadan Oyo state . The farm is an acre of land and I planted around 25kg of ofada rice seed by broadcast after the farmland have undergone preparation and the land has been manually turned my labourer. After broadcasting the seed, germination started around 4-5days. We did our first herbicide spraying by the 3rd week, then we repeated this after the 4weeks of the first application. We applied urea fertilizer at two critical stages, first at tillering stage and second at parnicle initiation. How major challenge is bird, birds control is the major problem in rice production across the world, but we were able to subdue the birds by manual chasing waking up as early as 6:30am upto 7pm in the farm trying to scare them away. The reason we had hard times with birds was because our rice was the first in the vicinity. We started harvesting on 1th of October 2018 as some rice have completely ripe, so we did a sellective harvesting. The whole harvesting process took us more than 10days and we harvested 1.6tons of rice at the longrun. 1 Share
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Re: Ofada Rice Is Profitable by AgriMax(m): 12:25pm On Oct 19, 2018 |
For more questions, enquiries about rice farming, indicate by following this thread and let's get to talk. I will still give the full detail on how the whole process went down, all the cost of production and the profit margin at end of the whole process. 1 Like 1 Share |
Re: Ofada Rice Is Profitable by TeeSha(m): 1:04pm On Oct 19, 2018 |
I'd like to ask a lot of questions, but i'd let you finish first. |
Re: Ofada Rice Is Profitable by AgriMax(m): 1:37pm On Oct 19, 2018 |
Profit Analysis for ofada rice cultivation on an acre of farm based on my personal experience Cost of production Land clearing plus chemical spraying to control weeds #14,000 Ploughing and land turning #13,000 Rice herbicide (2 application) #11,000 2bags of Urea fertilizer #15,000 Cost of buying seed (25kg) #16,000 2persons for bird chasing per month #40,000 Total cost for harvesting rice #30,000 Rice thresshing #7,500 Miscellaneous #15,000 Total cost of productin = #161,500 Yield per acre is 1.6tons or 1600kg Expected money from sales #799,000 Gross Profit = Sales - Total cost Gross Profit = #799, 000 - 161500 = #637, 500. Pls note : these prices are what I personally experience and this is uptainable in my locality. Also note that from the above profit, cost of transportation has not been removed. |
Re: Ofada Rice Is Profitable by Pearlbim1(f): 10:15am On Oct 20, 2018 |
i am also interested in selling the ofada rice ,how much is it |
Re: Ofada Rice Is Profitable by mollode: 12:30pm On Oct 20, 2018 |
Good work here. Pls how do u arrive at this sales price. Ow much per tonne? Am into rice farming too tho. AgriMax: |
Re: Ofada Rice Is Profitable by feran15(m): 8:10pm On Oct 20, 2018 |
AgriMax: please who did you sell your rice to? was it to a mill or straight to the consumers? also wasnt bird scaring very laborious? i understand birds become a pest when the rice starts bearing fruit. how long is the duration till when you harvest? |
Re: Ofada Rice Is Profitable by Emmah123: 9:31pm On Oct 21, 2018 |
AgriMax: A little contribution on how to scare away birds. 1. Erect wooden poles in the farm. At the top of each pole, tie about five bottles with rope, allowing them to freely dangle. When breeze blows, the bottles hit one another and make noise scaring the birds away 2. Make several crosses from wooden sticks. Wear clothes for the crosses to appear like humans(you can use worn out cloths of no use) . Place them at different points in your farm. They will appear like humans 3. Get cassette player and remove the brownish "thread" in it(I don't know what the thread is called). Tie the thread on vertical sticks and run them horizontally at various points in the farm under some tension. When breeze blows, the thread vibrates and make noise scaring the birds away. A few questions What are the available options for fast sale of rice and how is demand for ofada rice? How much did you sell per kg or per 50kg to arrive at the above calculation(I want to be sure if my calculation from above figures is truly what you got) 1 Like |
Re: Ofada Rice Is Profitable by dabims2018: 3:55pm On Jun 22, 2019 |
AgriMax: AgriMax:I am interested in this business. Can i meet you please? |
Re: Ofada Rice Is Profitable by dabims2018: 3:56pm On Jun 22, 2019 |
AgriMax? Are you still available on this platform because this post was last year |
Re: Ofada Rice Is Profitable by seglabsy(m): 12:49pm On Jun 04, 2020 |
AgriMax:pls whatapp me or call me on 08032432089,am seun and i lives in ibadan |
Re: Ofada Rice Is Profitable by bizzibodi(m): 10:02am On Sep 05, 2020 |
How much does ofada rice sell per 50kg? |
Re: Ofada Rice Is Profitable by IRIENBOY(m): 11:53am On Sep 05, 2020 |
Following |
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