₦airaland Forum

What you can do before the season begins:

1. Buy jute bags: price of jute bags is usually low now. You can start buying jute bags and keep till the season begins. The price shoots up during the season.

2. Travel to your source: if you have a particular place you want to buy from, try and visit the place before the season takes off, familarize yourself with the town, meet your suppliers and try to run a thorough background check on them discreetly.

3. If you have trustworthy suppliers, you may advance some fund to them, so you could get good buying rate at the beginning of the season. Most farmers need money to take care of their plantation between now and february, this period is a very crucial periiod for farmers especially those who don't have money to run things. So they often look for people to advance money to them or they sell their plantation to investor at a very good rate.
If you are new to the business, pls do not give money in advance, its better you do "see and buy"

4. Link up with foreign buyers: you can start looking for export deals now.

5. Try and get at least 3 local buyers (exporters) of raw cashew nuts in Nigeria: if you will be selling locally, you need to have at least 3 good buyers of cashew nuts in nigeria, most of these buyers are indian companies and are located in lagos. Although there are also individual exporters who have export contracts to service, so you may need to start linking up with prospective buyers now. Visit their offices and tell them you intend to supply them when the season takes off.

6. Start calling your uncles, aunts in the village to enquire about cashew especially if you are from any of the producing states: a lot of youth sit down in lagos doing nothing nowadays and they will be saying they are jobless, while there's treasure in the villages they left behind. There's an adage in yoruba language that says "igbe l'owo wa" (money is in the bush. Connect with them and let them know you have an interest.

7. Research: knowledge is power and nobody knows it all. Get online and do research on cashew nuts, learn from people who have knowledge about it. Read books, visit plantations, explore.

8. Start raising fund: capital is essential, if you have all d experience necessary and you don't have fund to execute it, it may affect you. Raise enough fund for the business.

Still available.
07064821943
08023881557

What you can do before the season begins:

1. Buy jute bags: price of jute bags is usually low now. You can start buying jute bags and keep till the season begins. The price shoots up during the season.

2. Travel to your source: if you have a particular place you want to buy from, try and visit the place before the season takes off, familarize yourself with the town, meet your suppliers and try to run a thorough background check on them discreetly.

3. If you have trustworthy suppliers, you may advance some fund to them, so you could get good buying rate at the beginning of the season. Most farmers need money to take care of their plantation between now and february, this period is a very crucial periiod for farmers especially those who don't have money to run things. So they often look for people to advance money to them or they sell their plantation to investor at a very good rate.

4. Link up with foreign buyers: you can start looking for export deals now.

5. Try and get at least 3 local buyers (exporters) of raw cashew nuts in Nigeria: if you will be selling locally, you need to have at least 3 good buyers of cashew nuts in nigeria, most of these buyers are indian companies and are located in lagos. Although there are also individual exporters who have export contracts to service, so you may need to start linking up with prospective buyers now. Visit their offices and tell them you intend to supply them when the season takes off.

6. Start calling your uncles, aunts in the village to enquire about cashew especially if you are from any of the producing states: a lot of youth sit down in lagos doing nothing nowadays and they will be saying they are jobless, while there's treasure in the villages they left behind. There's an adage in yoruba language that says "igbe l'owo wa" (money is in the bush. Connect with them and let them know you have an interest.

7. Research: knowledge is power and nobody knows it all. Get online and do research on cashew nuts, learn from people who have knowledge about it. Read books, visit plantations, explore.

8. Start raising fund: capital is essential, if you have all d experience necessary and you don't have fund to execute it, it may affect you. Raise enough fund for the business.

still available for sale
0802881557

Still available for sale.
08023881557

Still available for sale.

still available for sale....
08023881557
07064821943

Still available for sale...
08023881557

Still available for sale....
08023881557

Still available for sale..
08023881557

Still available for sale...
08023881557
07064821943

Still available for sale....
08023881557

Still available for sale..
08023881557

Still available for sale
08023881557

N
Still available for sale
08023881557

Still available for sale
08023881557

Still available for sale...
08023881557
07064821943

jeffmyson:
I have been in commodity business for many year @ OP and I can assure you that sesame seed is not one of those commodity you can easily come on nairaland and look for its supplier. The chain is very coded to source sesame seed and it has lots of challenges! Not many people have the structure on ground to manage its logistics and challenges. Sesame seed is aa very very expensive commodity and one needs more than 5 miillion Naira to source upto (30 tons) truck load. So I will advise you to either go source it yourself or look for credible seasoned companies to do business with on nairaland.

Anybody that accept the terms you are proposing is un serious and wasting your time.

Cheers:
NB: I don't do sesame seeds because of it many challenges and I won't advise anyone to do it unless you have deep pockets to challenge Olam and Co!.

Very correct.

Still available for sale...
08023881557

Still available for slae....
08023881557

Still available for sale...
08023881557

Still available for sale...
08023881557

Still available for sale..
08023881557

Still available for sale...
08023881557

Godfirst2014:
The Issue Of The Kor Calculation Has Been The Major Problem In This Biz.I Will Deeply Appreciate It If U Can Show Us How It Can Be Calculated

The calculation of KOR is practical. The test to be carried out is practical and physical, about 1kg of raw cashew nut, selected randomly from the stock/consignment have to be broken and examine in order to determine the quality of the nuts.. Each nut will be categorized and termed as:
MOISTURE
DISEASED / MOULDY
BRR
VOID
SPOTTED
IMMATURE
TOTAL DEFECTIVES

The nut count is also needed to calculate the KOR. There is a specific formula used to determine the KOR.
Honestly, there's no way I can explain it here. I've just given you an insight with my illustration above. Samples are needed to carry out the test.

Still available for sale....
08023881557

Still available for sale....

Still available for sale......

Still available for sale....