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Are You Interested In Yam Business From North? - Business - Nairaland

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Are You Interested In Yam Business From North? by isaacoco1: 8:50am On Jul 31
So, my sojourn in the North got me exploiting the rich agricultural prowess of the Northern States, their array of farm products ranging From Rice, Beans, Potatoes, Veggies has been my business since coming to North last year...

This post is on Yam, even though we are not in yam season trust me say you can still get it cheap from the North... Small, Medium and Big sizes available...

if you want to get them and transport it down to your location, then beep me on 08166079534 or WhatsApp also.

Let's talk business.
Re: Are You Interested In Yam Business From North? by Charleys: 9:07am On Jul 31
Northerners boasting of yam.

grin grin grin

Which part of the north bro?
Re: Are You Interested In Yam Business From North? by isaacoco1: 10:11am On Jul 31
Charleys:
Northerners boasting of yam.
grin grin grin
Which part of the north bro?
Benue State!
Re: Are You Interested In Yam Business From North? by Aniediimeedet: 11:19am On Jul 31
How much for 100 tubers (BIG size)
Calls/WhatsApp 07036780996
Re: Are You Interested In Yam Business From North? by isaacoco1: 11:35am On Jul 31
Aniediimeedet:
How much for 100 tubers (BIG size) Calls/WhatsApp 07036780996
I will buzz you up on WhatsApp
Re: Are You Interested In Yam Business From North? by bigiyaro(m): 1:58pm On Jul 31
isaacoco1:

Benue State!
point of correction, Benue ain't north.

1 Like

Re: Are You Interested In Yam Business From North? by isaacoco1: 2:26pm On Jul 31
bigiyaro:
point of correction, Benue ain't north.

Benue is North Central/Middlebet and I choose to equally call it a class of North
Re: Are You Interested In Yam Business From North? by bigiyaro(m): 4:35pm On Jul 31
isaacoco1:


Benue is North Central/Middlebet and I choose to equally call it a class of North
you are wrong , there is nothing like "north central" its "the Middle belt"

3 Likes

Re: Are You Interested In Yam Business From North? by Charleys: 5:52pm On Jul 31
isaacoco1:


Benue State!

Guy benue state is not north.

1 Like

Re: Are You Interested In Yam Business From North? by Markn: 6:52pm On Jul 31
How much will 50 big size cost
Re: Are You Interested In Yam Business From North? by Johnrake69: 7:11pm On Jul 31
For new comers in the business it's a loss game.
Re: Are You Interested In Yam Business From North? by isaacoco1: 10:06am On Aug 02
Markn:
How much will 50 big size cost
it's sold in 100 tubers
Re: Are You Interested In Yam Business From North? by isaacoco1: 10:07am On Aug 02
Johnrake69:
For new comers in the business it's a loss game.

It is not, your own market survey is what dedicate your own chain
Re: Are You Interested In Yam Business From North? by Johnrake69: 10:22am On Aug 02
isaacoco1:


It is not, your own market survey is what dedicate your own chain

I'm speaking from my personal experience. Not some market survey. No market survey can substitute for a personal experience
Re: Are You Interested In Yam Business From North? by rivakwaa(m): 10:27am On Aug 02
isaacoco1:
So, my sojourn in the North got me exploiting the rich agricultural prowess of the Northern States, their array of farm products ranging From Rice, Beans, Potatoes, Veggies has been my business since coming to North last year...

This post is on Yam, even though we are not in yam season trust me say you can still get it cheap from the North... Small, Medium and Big sizes available...

if you want to get them and transport it down to your location, then beep me on 08166079534 or WhatsApp also.

Let's talk business.
ok
Re: Are You Interested In Yam Business From North? by bigiyaro(m): 12:40pm On Aug 02
Johnrake69:


I'm speaking from my personal experience. Not some market survey. No market survey can substitute for a personal experience
pls can you share your experience?
Re: Are You Interested In Yam Business From North? by isaacoco1: 2:44pm On Aug 02
Johnrake69:


I'm speaking from my personal experience. Not some market survey. No market survey can substitute for a personal experience


Share your experience
Re: Are You Interested In Yam Business From North? by Johnrake69: 3:39pm On Aug 02
Here you have it @Isaacoco1 and @bigiyaro

The major problem I struggled with in Yam trading is lack of a common standard unit for measurement and as such pricing is arbitrary. You can buy one hand (100pieces) of Yam at Zaki Ibiam in Benue @ #45,000 inclusive of logistics thinking you got a good deal and someone in mile 12 market in Lagos is pricing same yam at #40,000 or less.

Then, two things will happen either you decide to sell or you wait. If you wait, some traders might offer you a higher price but on credit. In both scenarios you're screwed.

Recommendation. If you must trade in Agricultural products stay away from commodities with no common standard of measurement like Yam. Rice, Beans, Garri, Cocoa, millet, corn all have common unit of measurement. And as such, you can reliably estimate your expected returns on every trip you make even as a new trader.

3 Likes

Re: Are You Interested In Yam Business From North? by bigiyaro(m): 4:44pm On Aug 02
Johnrake69:
Here you have it @Isaacoco1 and @bigiyaro

The major problem I struggled with in Yam trading is lack of a common standard unit for measurement and as such pricing is arbitrary. You can buy one hand of Yam at Zaki Ibiam in Benue @ #45,000 inclusive of logistics thinking you got a good deal and someone in mile 12 market in Lagos is pricing same yam at #40000 or less.

Then, two things will happen either you decide to sell or you wait. If you wait, some traders might offer you a higher price but on credit. In both scenarios you're screwed.

Recommendation. If you must trade in Agricultural products stay away from commodities with no common standard of measurement like Yam. Rice, Beans, Garri, Cocoa, millet, corn all have common unit of measurement. And as such, you can reliably estimate your expected returns on every trip you make even as a new trader.

this is awful... Thanks for sharing.
Re: Are You Interested In Yam Business From North? by jayaim: 5:34pm On Aug 02
Thanks for the enlightenment, i thought other wise.
Johnrake69:
Here you have it @Isaacoco1 and @bigiyaro

The major problem I struggled with in Yam trading is lack of a common standard unit for measurement and as such pricing is arbitrary. You can buy one hand of Yam at Zaki Ibiam in Benue @ #45,000 inclusive of logistics thinking you got a good deal and someone in mile 12 market in Lagos is pricing same yam at #40000 or less.

Then, two things will happen either you decide to sell or you wait. If you wait, some traders might offer you a higher price but on credit. In both scenarios you're screwed.

Recommendation. If you must trade in Agricultural products stay away from commodities with no common standard of measurement like Yam. Rice, Beans, Garri, Cocoa, millet, corn all have common unit of measurement. And as such, you can reliably estimate your expected returns on every trip you make even as a new trader.

Re: Are You Interested In Yam Business From North? by jayaim: 5:35pm On Aug 02
Benue is middle belt, abge go not north
Re: Are You Interested In Yam Business From North? by Christardor: 6:11pm On Aug 02
Apart from yam, what other agricultural produce is cheap in Benue?

As you have said, it's better to go with products that has a standard unit of measurement.
Re: Are You Interested In Yam Business From North? by isaacoco1: 7:53am On Aug 03
Johnrake69:
Here you have it @Isaacoco1 and @bigiyaro

The major problem I struggled with in Yam trading is lack of a common standard unit for measurement and as such pricing is arbitrary. You can buy one hand (100pieces) of Yam at Zaki Ibiam in Benue @ #45,000 inclusive of logistics thinking you got a good deal and someone in mile 12 market in Lagos is pricing same yam at #40,000 or less.

Then, two things will happen either you decide to sell or you wait. If you wait, some traders might offer you a higher price but on credit. In both scenarios you're screwed.

Recommendation. If you must trade in Agricultural products stay away from commodities with no common standard of measurement like Yam. Rice, Beans, Garri, Cocoa, millet, corn all have common unit of measurement. And as such, you can reliably estimate your expected returns on every trip you make even as a new trader.


Just like you said, "you struggled" not everyone does, maybe there are things you did wrongly. Basically Beans and Rice and other commodities are measured in Mudu here North, and Congo in South West... Yam definitely has different ways of measurement. Thank God you mentioned "Zaki Ibiam"... Yam purchase in bulk is measured in Kwarai which is 100 tubers of yam, right? if you purchase 100 tubers of yam for 12k that equal means one yam is #120, if you sell 5 of it for #1000 you have made a gain of #400 on 5 tubers of yam... And that is just how it is being sold in South West (Lagos inclusive)... Talking about people pricing your yam so low or what have you, that is where competition in the market comes in, a typical rice could be sold for 22k and another for 25k (the two being local), the two will definitely sell their good!!! You can't beat that if you don't buy in lesser price. The beauty of it all, is to buy at the cheapest price and sell better. How will I buy Palm Oil in Benue where is a bit less expensive and take it to some part of South West that also boost of Palm Oil. If the competition is much where you are and you don't have enough money to beat the competition, why purchasing Yam in the first place? You can buy a bag of rice or any other commodity and still not make headway!!!

1 Like

Re: Are You Interested In Yam Business From North? by isaacoco1: 7:54am On Aug 03
Christardor:
Apart from yam, what other agricultural produce is cheap in Benue?

As you have said, it's better to go with products that has a standard unit of measurement.


Soybeans, Cocoyam, Maize...
Re: Are You Interested In Yam Business From North? by Johnrake69: 8:41am On Aug 03
isaacoco1:


Just like you said, "you struggled" not everyone does, maybe there are things you did wrongly. Basically Beans and Rice and other commodities are measured in Mudu here North, and Congo in South West... Yam definitely has different ways of measurement. Thank God you mentioned "Zaki Ibiam"... Yam purchase in bulk is measured in Kwarai which is 100 tubers of yam, right? if you purchase 100 tubers of yam for 12k that equal means one yam is #120, if you sell 5 of it for #1000 you have made a gain of #400 on 5 tubers of yam... And that is just how it is being sold in South West (Lagos inclusive)... Talking about people pricing your yam so low or what have you, that is where competition in the market comes in, a typical rice could be sold for 22k and another for 25k (the two being local), the two will definitely sell their good!!! You can't beat that if you don't buy in lesser price. The beauty of it all, is to buy at the cheapest price and sell better. How will I buy Palm Oil in Benue where is a bit less expensive and take it to some part of South West that also boost of Palm Oil. If the competition is much where you are and you don't have enough money to beat the competition, why purchasing Yam in the first place? You can buy a bag of rice or any other commodity and still not make headway!!!

I'm not here to argue with you. My points were explicitly stated, it's easier said than done. And talking about having enough money. Why don't you bring the yam to Lagos or any other city and make the money yourself? Have you ever traded yam or any commodity beyond your home state? All you're looking for is for someone to send you money to buy yam in that process you make your money. Which is zero risk.
Re: Are You Interested In Yam Business From North? by isaacoco1: 10:56am On Aug 03
Johnrake69:


I'm not here to argue with you. My points were explicitly stated, it's easier said than done. And talking about having enough money. Why don't you bring the yam to Lagos or any other city and make the money yourself? Have you ever traded yam or any commodity beyond your home state? All you're looking for is for someone to send you money to buy yam in that process you make your money. Which is zero risk.



I'm not arguing with you either, I stated my points to answers your questions raise earlier... That you had a bad day doing a business does not mean others will... if you don't know how the biz works, you ask people doing it!


As regard me selling Yam, I'm not selling Yam to final consumers (or what do you call it) I have aunt and relatives excluding my other customers that I supply yam. I don't need to be a small scale seller before I know how the biz works, I have people doing it sir.

1 Like

Re: Are You Interested In Yam Business From North? by Wolexdey(m): 11:29am On Aug 03
Aniediimeedet:
How much for 100 tubers (BIG size) Calls/WhatsApp 07036780996
Greetings... How much did he say it was
Re: Are You Interested In Yam Business From North? by Johnrake69: 11:48am On Aug 03
isaacoco1:


I'm not arguing with you either, I stated my points to answers your questions raise earlier... That you had a bad day doing a business does not mean others will... if you don't know how the biz works, you ask people doing it!


As regard me selling Yam, I'm not selling Yam to final consumers (or what do you call it) I have aunt and relatives excluding my other customers that I supply yam. I don't need to be a small scale seller before I know how the biz works, I have people doing it sir.


From the analysis you made you don't have an idea of the business. Firstly, over 90% of those that travel to Zaki biam to buy yam do not sell directly to final consumers the minimum I bought from that market was 2000pieces per trip. And I don't know any trader that will offload 2000pieces and start selling in 5s and 10s.

You're not in the right position to even talk about real trading of the commodity because you have no clue about the risk factors involved in the business.

The highest you do is people send you money you enter the market and buy the yam and do waybill to them.

Unless you're one of those few farmers that load a 12 tire truck to come and sell their yam directly in Lagos and other cities you're not in any position to dispute or try to rubbish what I have stated above.

Caveat emptor

To lose money on Yam trade is very easy especially if you're doing wholesale. And it's made worst because of the lack of standard unit of measurement. How much is per Kg?
Re: Are You Interested In Yam Business From North? by isaacoco1: 4:39pm On Aug 04
Johnrake69:



From the analysis you made you don't have an idea of the business. Firstly, over 90% of those that travel to Zaki biam to buy yam do not sell directly to final consumers the minimum I bought from that market was 2000pieces per trip. And I don't know any trader that will offload 2000pieces and start selling in 5s and 10s.

You're not in the right position to even talk about real trading of the commodity because you have no clue about the risk factors involved in the business.

The highest you do is people send you money you enter the market and buy the yam and do waybill to them.

Unless you're one of those few farmers that load a 12 tire truck to come and sell their yam directly in Lagos and other cities you're not in any position to dispute or try to rubbish what I have stated above.

Caveat emptor

To lose money on Yam trade is very easy especially if you're doing wholesale. And it's made worst because of the lack of standard unit of measurement. How much is per Kg?



I'm not trying to rubbish what you said, you made a testament and I responded from my own knowledge about it and you already jumped into declaring my approach as a way to "rubbish" what you said? More so, I never told you or said in my response that I sell to final consumers, maybe you can read my response again... I stated that I have relatives that sells to the final consumers, so I know how that level of sales chain could be from them. And lastly, just like I said earlier if it didn't work for you, ask those that are doing the biz... Shekenah! Enjoy!

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