₦airaland Forum

Emmatheo:
Thanks

You welcome sir

Ameboperoo:
Does it mean that the bag is different from the one used in Niger state? About 26 to 27 painters

I don't know about the one of Niger state. A standard bag here in Nasarawa has 100 modu in it which is equivalent to 38 paint rubber

Current price of farm produce in Nasarawa (in bags: 38-39 paint rubber)

Guinea corn ( dawa )- 65k
Corn- 80k
Groundnut- 150k
Millet- 80k
Beans- 150k
Soyabean-90k, etc

Each bag has 100 modu in them which is 38 paint rubber.

Ogbuu101:
Abeg,hw much is a bag of unpeeled egusi sold(Kwali bag)

I don't know kwali bag.

Unpeeled Egusi is of two types here. The smooth one and the black eye type.

The smooth is 1100/modu
The black eye is 900

A painter would be about 2850 for the first type, and 2400 for the other one.

Note that the first type has higher yield than the later one. I.e if you peel 100modu of the smooth type, u get 50 modu of the peeled egusi (50%), while the other type is 40%

You can chat me up on WhatsApp 08144833301

It's another beautiful week to give another try

In early April, during the harvest season of locust beans, it was sold for #500/modu.

Today, it now sells for 700/modu. That's 40% increment already.

Food storage business is actually one of the surest Agribusiness with good ROI if properly carried out.

Current price of farm produce in Nasarawa state

Local rice- 1700
Beans-1500
Guinea corn- 700
Corn-800
Millet 700
Soyabean 900
Groundnut- 1500
Hand Peeled Egusi- 2200, engine peeled 2000
UnPeeled Egusi- 900
Dry pepper-1650

Current price of farm produce in Nasarawa state

Local rice- 1700
Beans-1500
Guinea corn- 700
Corn-750
Millet 700
Soyabean 900
Groundnut- 1500
Peeled Egusi- 2000
UnPeeled Egusi- 900
Dry pepper-1500

For those that were unable to store raw locust beans, just prepare towards August for groundnut and Egusi.

October for maize
November for Bambara nut, dry pepper and paddy rice.
December for guinea corn, beans

Now is the best time to buy and store raw locust beans called kaluwa in Hausa, iyere in Yoruba. April is the harvest season.

If you miss this, then you'll wait till August. That's the harvest season of groundnut and Egusi

Join our WhatsApp group on 08144833301

raydapreenze:
can you be updating the price in kg as well? please

Not really sure. Cuz we deal with measurements here and a don't have a weighing scale

Happy Sunday to all business persons

Current price (per modu 8cups) of farm produce in Nasarawa state.

Guinea corn - 700
Corn- 800
Beans- 1500
Soyabean- 900
Local rice - 1500
Peeled egusi- 2200
Unpeeled Egusi- 800
Bambara nut- 1800
Raw locust beans- 550

Price update in modu (8-9 cups)

Beans 1400
Rice 1500
Corn 750
Guinea corn 650
Soyabean 750
Millet 700
Unpeeled Egusi 800
Groundnut 1400

THE BEAUTY OF FOOD STORAGE BUSINESS
If you're thinking of a profitable Agribusiness to venture in, then consider this business.

In September 2023, I invested about 170k into groundnut, and and by December, I was already in 60% profit, and today, I'm in over 100%. So imagine I've invested about 5m into it.

Some bought beans at 650-700 in December, and beans is now 1400. That's 100% profit already.

See ehn, for as long as you're dealing with human foods, you can't get it wrong.

TrennixGLOBAL:
What is the total cost to starting this business and all expenses involved for someone outside Nassarawa state.

Storage business doesn't have cost range. You invest based on your financial strength.

In September 2023, I invested about 170k into groundnut, and and by December, I was already in 60% profit, and today, I'm in over 100%. So imagine I've invested about 5m into it.

Some bought beans at 650-700 in December, and beans is now 1400. That's 100% profit already.

See ehn, for as long as you're dealing with human foods, you can't get it wrong.

We have a WhatsApp group where we strategies and discuss on this business.

WhatsApp me on 08144833301 to get added

As we approach another farming season, kindly note that it's possible to make almost 100% of your capital without stepping into the farm.

Just position yourself to buy farm produce at harvest season from farmers, and preserve them against scarcity periods.

You're likely to make more profit than even the farmers. It's not a cliché that price of foods hardly remain the same in Nigeria. It would likely skyrocket

As we approach another farming season, kindly note that it's possible to make almost 100% of your capital without stepping into the farm.

Just position yourself to buy farm produce at harvest season from farmers, and preserve them against scarcity periods.

You're likely to make more profit than even the farmers. It's not a cliché that price of foods hardly remain the same in Nigeria. It would likely skyrocket

We have a group for this business. We give updates on the right time to buy and sell these farm produce.

You may call or chat me up on 08144833301 or 08067939659

Nackzy:
you're absolutely right my brother, I survive with this in the north

People are really cashing out from it.

Price of food must always go up due to many factors.

It's those that bought at harvest season that smile

We're gradually approaching the harvest season of some farm produce. Get ready to invest in them.

By march ending, we'll have new raw locust beans in the market.

By August, new groundnut and Egusi will hit the market

By November, Bambara nut will hit the market, and so on.

Just buy during this harvest season, and resell later.

Join our WhatsApp group with 08144833301 or 08067939659

One of the most profitable business now is food storage business. It's one that requires patience

It simply means buying agricultural produce at their harvest season, when price is low, preserving and reselling during scarcity periods.

For as long as you're dealing with human foods, price would always go up.

In September 2023, a measure of groundnut in Nasarawa was #600/modu. Today, it's 1400

Egusi was 450 in August, it's now 900

Bambara nut was 700 in November, it's now 1300

Beans was 700 in December, it's now 1300, and so on.

Local rice was 900 in November, it's now 1500.

Buying at the appropriate time, ensures maximum profit.

I'm based in Nasarawa state, a land where farming is largely practiced. And this is a sure business you find the Alhajis and the rich doing.

Another investment opportunities is setting in.

By march ending, we'll be in the season of raw locust beans. The price is already dropping, now at 500/modu

Once the price reduced to 300/modu, just go all into it.

Na sure investment

We are gradually approaching the harvest season of raw locust beans.
Get ready to buy, it's a good business.

Current price of farm produce in Nasarawa state.
All in Modu (8-9 cups)

Local rice- 1500
Beans 1,200
Unpeeled Egusi- 800
Peeled Egusi- 2000
Guinea corn- 650
Millet- 600
Maize- 700
Soyabeans- 850
Groundnut- 1400

Get ready to invest in raw locust beans. It comes out by march ending.

It's also a good business

It's another beautiful day to know that farming is one of the solution to Nigeria food crises

If you didn't store beans, guinea corn in December, no problem.

Another crop comes out in April. It's called kaluwa or raw locust beans. Don't miss out.

If you miss that, then you'll have to wait till August to buy groundnut

Negroid001:
How do we get it in Lagos here?

We have ways we send foodstuff across Nigeria

Nipost - 7k/ bag
Motor park- 7k/ bag

Our bag is almost 140-150kg

Nipost will deliver within 7-10 days maximum

Motor park will deliver within 24 hrs

Negroid001:
Dayuum. And you were telling people to buy December when it was cheap. The price has doubled.

Seriously. Beans was 650 in December

Guinea corn was 400 in Dec

Soyabean was also 450 in December

Get ready to buy raw locust beans by march. It's another good business.

Groundnut is now 1400/modu

Beans now 1300

Guinea corn 650

Others still the same