GreatManBee:


Good job well done. If you invested 60k and buyers are only willing to pay 45k. How do you consider that a good investment. Especially looking at all the work you have put into it.

jumper524:
So earlier last year, my dad decided to go into yam business. The most common in my area kuje Abuja to be precise.

Since we're just starting, we bought seedlings worth of 40k.
We later found out that seedlings are more expensive and scarce during farming/planting period.
We got the land for free
We paid farmers #20 per ridges and we dug about 500ridges.
Meaning. #20*500= 10,000

Total money spent on investment was approximately#60,000 plus running cost.

The farmers were paid 6k to harvest the whole yam.
Those guys started as early as 6am and we're done by 2pm just 3 of them.

Truck that packed it was paid 1k.


Pic 1 and 2, the big size yams we want to sell. Those buyers are pricing 45k

Pic 3 are the ones for home and family consumption. Any remainder would be added to seedlings.

Pics 4, the small yams we want to preserve as seedlings.

Think we got a lot from our investment in the end.

Uyi168:
...
I'll definitely go into agric in the nearest future..

Kriss216:
Guy, you go chop Yam taya this period. They should nickname you Yamri in your locality.

jumper524:
lol.
Bros I no go lie you, even me pity them. but to be honest, those guys were very happy.
they are used to it though..

netmillionaires:
One thing I like about my mumsie is that when labourers come to work for us back then she would cook and everyone would eat. They may even eat their 3 square meal in our house.

frugal:

I tuber costs 600-1200 Naira in Lagos depending on size and season.
I've always wanted to go back to yam farming, but Lagos life no gree me.

jumper524:
So earlier last year, my dad decided to go into yam business. The most common in my area kuje Abuja to be precise.

Since we're just starting, we bought seedlings worth of 40k.
We later found out that seedlings are more expensive and scarce during farming/planting period.
We got the land for free
We paid farmers #20 per ridges and we dug about 500ridges.
Meaning. #20*500= 10,000

Total money spent on investment was approximately#60,000 plus running cost.

The farmers were paid 6k to harvest the whole yam.
Those guys started as early as 6am and we're done by 2pm just 3 of them.

Truck that packed it was paid 1k.


Pic 1 and 2, the big size yams we want to sell. Those buyers are pricing 45k

Pic 3 are the ones for home and family consumption. Any remainder would be added to seedlings.

Pics 4, the small yams we want to preserve as seedlings.

Think we got a lot from our investment in the end.

DCTrendy:
You don’t plant the smaller yams as seedlings.
You plant the biggest of it all, so you can get same size next year..

My father was a farmer so I grew in the farm.
Kudos

axeman10:


Congratulations! Well done. My advise to you, since you guys are just starting.. Use more of the biggest yams as seedlings for next seasons.. Sell off the smaller ones. It is called selective breeding. Continue replanting the best yams you have and few years down the line, not only will you be making bumper harvests of big tubers, other farmer's will start coming to you for seedlings.
My 50 cents.

anitabella:


Cos he bought seedlings for 40k at the start.. Now after harvesting he has enough yams to sellfor 45k...and seedlings worth more than 50k for another planting...now no need to buy seedlings again... Do the maths

southniyikaye:
Somebody should gimme land, I want to plant yam biko

jumper524:
So earlier last year, my dad decided to go into yam business. The most common in my area kuje Abuja to be precise.

Since we're just starting, we bought seedlings worth of 40k.
We later found out that seedlings are more expensive and scarce during farming/planting period.
We got the land for free
We paid farmers #20 per ridges and we dug about 500ridges.
Meaning. #20*500= 10,000

Total money spent on investment was approximately#60,000 plus running cost.

The farmers were paid 6k to harvest the whole yam.
Those guys started as early as 6am and we're done by 2pm just 3 of them.

Truck that packed it was paid 1k.


Pic 1 and 2, the big size yams we want to sell. Those buyers are pricing 45k

Pic 3 are the ones for home and family consumption. Any remainder would be added to seedlings.

Pics 4, the small yams we want to preserve as seedlings.

Think we got a lot from our investment in the end.

billyG:
Yam farming is not that easy,yams select soil type,U need sacrifice,most at time only 30% turn out big.

aroundtheearth:
Awesome.

BlueQ:



I like to discuss with you about this. How can I reach you?

KosiGee:


3 people were paid N6k for hard labour from 06:00-14:00.... That’s N2k each for 8 hours of back breaking job!!

People dey suffer.

jumper524:
nice to meet a brother.
I stay in kuchiako.
close to that military check point. infact our farm is even close to the check point..
nice to meet a brother..

jumper524:
So earlier last year, my dad decided to go into yam business. The most common in my area kuje Abuja to be precise.

Since we're just starting, we bought seedlings worth of 40k.
We later found out that seedlings are more expensive and scarce during farming/planting period.
We got the land for free
We paid farmers #20 per ridges and we dug about 500ridges.
Meaning. #20*500= 10,000

Total money spent on investment was approximately#60,000 plus running cost.

The farmers were paid 6k to harvest the whole yam.
Those guys started as early as 6am and we're done by 2pm just 3 of them.

Truck that packed it was paid 1k.


Pic 1 and 2, the big size yams we want to sell. Those buyers are pricing 45k

Pic 3 are the ones for home and family consumption. Any remainder would be added to seedlings.

Pics 4, the small yams we want to preserve as seedlings.

Think we got a lot from our investment in the end.

Ayilara1:
Seriously, I'm asking with humility. How is this profitable?

If they are to sell everything will they make 100k?

GodisFirst:
This is so nice bro. As a business, don't fail to estimate and deduct your own labour (effort, time) added to it. Well done, keep it up. You and your family have succeeded in supporting to provide or make available foods to the world. I pray that this year's output from the farm will be in thousands if not million folds.
My special regards to your Dad. He is the real man.

jumper524:

thank you brother. maybe our own service of supervising farmers and time dedication should cost 10k.
thanks for the review..