Olayimikami's Posts
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 Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 1:43pm On Sep 20, 2016 |
Prices on monday went north. Most held firm to their 28k-30k conviction. There were select purchase however at 26k. Supply gradually thinning out. Let's hope friday brings better prospects. Opportunity to buy white machine peeled bags of 100 modu@39k have opened up for those who intend to key in. |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 8:04am On Sep 18, 2016*. Modified: 1:44pm On Sep 20, 2016 |
I have had multiple calls from potential investors who just want to part with funds without coming over or understanding the venture. Always do your feasibility study, make sure you've done your business analysis before arriving at a conclusion. For those who have sent funds without visiting; I appreciate the confidence reposed in me. It's a privilege and may our relationship stand the test of time. For those who have called to invest in N?m, please visit the market before entrusting your cash. While integrity may not be an issue, I prefer to know/see the person b4 investing on your behalf I will always be available to assist where possible. Still reachable on 07054515851. You can either buzz prior to arriving keffi or post your whatsapp no and i will pchat. |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 7:42am On Sep 18, 2016 |
Price update as at 16.09.2016. Size 33 bag was sold for 24k-28k depending on seed quality. Market was not as active as previous week and supply of good quality was low. Projected price for friday is likely 28k-30k due to shortfall in supply, however the prevalent rain has meant some villages have been cut off and their products may hit the market once it recedes. Current modu prices are N200 for white, N140 for black. Peeled egusi prices hover between N330-N500 dependent on type and quality. Market sampled are Garaku, Kokona, Gunduma and Nasarawa market. |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 10:30pm On Sep 13, 2016 |
Whynotthetruth:The black egusi is cheaply priced unpeeled but more expensive once peeled. The only shortfall is that it is hand peeled hence the peeling process is slow and only attractive in the villages. You dont necessarily need to wash the black egusi as the process itself makes for its neatness The white egusi can be machined peeled hence is more attractive in the city as it can be easily peeled and provides for higher turnover. However, once machined peeled it needs to be washed and dried of course to make it neat 1 Like |
| Agriculture › Re: The Rice Investment Plan by Olayimikami: 12:08am On Sep 12, 2016 |
I am expecting those that have seen the projection sto do a financial analysis here. What location or state is your intended farm to be situated? Who are you competitors? Price projections seem shaky given Dangote's interest in the sector. Will await analysis from those who have copies of the business plan for a healthy brainstorming session |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 10:54pm On Sep 11, 2016 |
Prices as at friday 09.09.2016 in nasarawa market. Bags were sold for between 23k-26k depending on seed quality. That's a marginally price drop due to the sallah celebration. Modu prices of unpeeled white @N200 and unpeeled black @N140. Peeled egusi is between N350 - N500 per modu |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 10:50pm On Sep 11, 2016 |
First pix is bag size 33. Second pix is the black hand peeled melon (unpeeled) Third pix is the white machine peeled melon (unpeeled) Size 33 bag should take between 130-150 modu depending on modu size and measuring skills. |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 8:20pm On Sep 11, 2016*. Modified: 9:49pm On Sep 11, 2016 |
Whynotthetruth: 1 Like
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| Business › Re: STORAGE/HOARDING Bussiness Of Agriculture by Olayimikami: 5:12am On Sep 09, 2016 |
Kamkamdd:Lokogama in Nasarawa is the closest to you. However, do confirm variety eaten in PH before purchase. Likely "Makakusa" or "Benue 1" Benue though has the beauty of having more varieties to pick from |
| Agriculture › Re: Egusi (melon) Farming live from my ogbonge farm by Olayimikami: 10:11am On Sep 08, 2016 |
SlyIg:Ideally, planting should be done in April/May 1 Like |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 12:00am On Sep 08, 2016 |
Whynotthetruth:Noted. Will revert with sample pix and try to explain in details before the week ends |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 11:57pm On Sep 07, 2016 |
dboss444:Back home after a gruesome 10 hours drive; having been led on to believe prices of melon (egusi) are cheaper in Ugba, benue than in nasarawa market. Definitely more expensive though cleaner. Size 29 bag was offered to us @21k but we declined the offer to buy. Modu sizes are also smaller and peeled egusi sold @N500 for that modu. Maybe the yam market makes a more viable option. We made a stop over at both the Ugba and Zaki biam market Lesson learnt: Do not believe all you hear, always do your feasibility study. For those making assertions as regards figures and sizes, please be factual and objective. Will be lurking around to counter unverified claims On a good note, at least I met the humbly @dboss444 and we had time to chat though briefly |
| Business › Re: STORAGE/HOARDING Bussiness Of Agriculture by Olayimikami: 11:47pm On Sep 07, 2016 |
Kamkamdd:Benue is definitely cheaper. Niger? Not a popular option. Think Saki in Kwara/Oyo? Or Lokogoma in nasarawa are other alternatives depending on proximity |
| Business › Re: STORAGE/HOARDING Bussiness Of Agriculture by Olayimikami: 11:43pm On Sep 07, 2016 |
Back home after a gruesome 10 hours drive; having been led on to believe prices of melon (egusi) are cheaper in Ugba than nasarawa. Definitely more expensive though cleaner. Size 29 bag was offered to us @21k but we declined the offer to buy. Modu sizes are also smaller and peeled egusi sold @N500 for that modu. Maybe the yam market makes a more viable option. We made a stop over at both the Ugba and Zaki biam market Lesson learnt: Do not believe all you hear, always do your feasibility study. For those making assertions as regards figures and sizes, please be factual and objective. Will be lurking around to counter unverified claims On a good note, at least I met the humbly @dboss444 and we had time to chat though briefly 1 Like |
| Agriculture › Re: Practical Farmers Pls Share Ur Bitter Experience, Let Learn From Your Mistakes. by Olayimikami: 10:24pm On Sep 05, 2016 |
Lesgupnigeria:Fencing 4 hectares would have meant more investment on the structure, though walls are scaled efficiently when the reward is excellent. Think the dog option solves the problem but I no trust those fulani boys,walahi. .. 1 Like |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 10:15pm On Sep 05, 2016 |
Barthiyke:Start stocking from late july. Buy up till September depending on your capacity and warehouse till December at the earliest or April latest |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 1:18am On Sep 04, 2016 |
Price update as at friday, 02.09.2016 A bag of size 33 egusi was between N23k-N30k, depending of the quality of the seeds. Prices are likely to dip slightly next week because of the sallah preparation All other prices remain constant per modu@ N130. Gunduma and Kokona market had only the black face egusi @N120 per modu Peeled egusi @Gunduma was N350 per modu ; @Bwari was N500 per modu and @Doma was N500 per modu Many thanks to @cupidkc and friends who came around all the way from the east. It was nice having you all around |
| Business › Re: STORAGE/HOARDING Bussiness Of Agriculture by Olayimikami: 1:04am On Sep 04, 2016 |
dboss444:Bambara nuts is due for October. Palm oil figures are same here Modu of rice for N450 Price of beans is same Location is nasarawa We discussed and i will take taking my first exploration visit to the market in benue on wednesday courtesy @dboss444 |
| Business › Re: STORAGE/HOARDING Bussiness Of Agriculture by Olayimikami: 6:15am On Aug 31, 2016 |
Bigtree007:Will add you up. Please note that agric storage/hoarding is not a get rich quick scheme as there are risk involved, and if well mitigated and hedged; appreciable profit can be made. The only thing that sets you up for failure is greed when prices move north and you want to over maximize profit. |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 9:39am On Aug 30, 2016*. Modified: 11:30am On Aug 30, 2016 |
Met @leksonltd briefly yesterday. Hopefully we get to see again b4 the week runs out. @thinktank2015: tried pchatting you. You may wish to reach me on 07054515851 if still interested in going on Thursday or friday |
| Business › Re: STORAGE/HOARDING Bussiness Of Agriculture by Olayimikami: 8:25am On Aug 30, 2016 |
dboss444:There are numerous ways we can improve on storage via the agric produce value chain. For the discerning mind, opportunities abound Currently, we have very few companies who address tomato wastage by establishing puree centers. Similarly you have a Dangote trying to address the rice problem in Jigawa. Our primitive ways of farming also create it's own challenges as harvest cannot be spaced and are seasonal. Wastage occur initially at the point of planting as seed varieties are mismatched with soil texture, leading to poor and substandard grain which can't stand the test of time |
| Business › Re: STORAGE/HOARDING Bussiness Of Agriculture by Olayimikami: 8:15am On Aug 30, 2016 |
dboss444:We communicated. Seems what you have available as sent is peeled egusi. While I haven't been able to confirm the bag size of the egusi, it sounds way too cheap to be realistic. However, this creates an opportunity for sale in Bwari, Abuja and environs if real as a modu of peeled egusi is N500 in some markets. You may wish to post a pix of the sack here so we can ascertain the size and make market decision |
| Business › Re: STORAGE/HOARDING Bussiness Of Agriculture by Olayimikami: 6:43pm On Aug 28, 2016*. Modified: 8:51pm On Aug 28, 2016 |
dboss444:Saw your pchat. Will respond accordingly |
| Business › Re: STORAGE/HOARDING Bussiness Of Agriculture by Olayimikami: 9:28am On Aug 28, 2016 |
I like to be as realistic as possible when making comments and stating prices. Please state all cost including hidden and additional cost when quoting figures for markets specified. How much is the cost per modu of egusi when measured? What is the size of the Modu been used in measuring? How many modu fills a sack? Can I bring my bagger along to measure so I ascertain quantity? If you can assure me of a full jamilu sack of white face egusi at 14k. Will join you at any known market of your choice in benue this week to buy 20 bags |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 9:11am On Aug 28, 2016 |
dboss444:Jamilu sack (size 32 bag). Note that i am not talking about the black head egusi but the white face. Like I earlier said, those prices are for Nasarawa market though Masaka is higher. Gunduma and Kokona markets still sell for N130-N140 per modu |
| Agriculture › Re: Practical Farmers Pls Share Ur Bitter Experience, Let Learn From Your Mistakes. by Olayimikami: 6:02am On Aug 28, 2016 |
Since it's about experience sharing, I can add a bit Planted 10,000 tubers of yam last year but only got roughly 1200 big ones and 6000 seedlings. Most were stolen about 6 weeks before harvest so I was forced to start harvest up save some. Also had a similar experience with my watermelon and beans. Ideally, farming has potentials but in reality, if the farm isn't properly secured and operation mechanized or automated. You just end up investing in soil fertilization 3 Likes |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 11:59pm On Aug 27, 2016 |
Price update in Nasarawa market as at 26.08.2016 Bags are sold for 26k- 32k depending on the quality of the seed. Additional cost include bagging @N500, sewing @N150, sack @N170, Laa'da.@ N300. Storage cost between N500-N1000 All other prices remain constant in Gunduma and Kokona@ N130-N140 per modu All prices quoted are for white egusi and are unpeeled |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 9:01pm On Aug 27, 2016 |
leksonltd:. I have initiated contact, will await your response. |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 8:49pm On Aug 27, 2016*. Modified: 8:54pm On Aug 28, 2016 |
thinktank2015:Apologies. Had to go through the maraba nyanyan route today and it was chaotic. Peeling before selling should give you more profit however most people don't as they experience loss while peeling and cleaning. If you buy low, you dont need to peel to sell as good profit is assured. I have bags i bought as low as 18k from farmers directly but not everyone gets that opportunity. The storage system is relatively okay but if you want alternatives to market storage, I can give you options dependent on the quantity you wish to store. Prices are likely to hit 45-55k this year. Note: Not all varieties can be sold at the premium price. U can reach me via pchat. |
| Agriculture › Re: Unbelievable: 100pcs Of Tubers Of Yam For N9,000... by Olayimikami: 11:37am On Aug 20, 2016 |
tbliss22:The loss I refer to is " loss due to spoilage" which is imminent as Yams and oranges will spoil naturally over time even with preservatives. Being familiar as a farmer as well, I am also not saying this to discredit your assertions but to clarify on the need for would be investor to take "calculated risk" as against just computing figures. 2 Likes |
| Agriculture › Re: Unbelievable: 100pcs Of Tubers Of Yam For N9,000... by Olayimikami: 6:23am On Aug 20, 2016 |
Just read through the thread and must commend your effort at expanding the market reach of the sector. Noticed though that caveats were not made in some cases. All yams have a maximum life span which most times does not exceed 6 months and that is if you only invest in the top varieties. You may not get up to 3 months on most. The period harvested also determines the shelf life so it's advisable people do their due diligence when investing. As regards the Orange purchase, while all ventures "can be lucrative", the projections made in the analysis didn't make provision for loss of stock "which is imminent". Always do a feasibility study before venturing, "not all gains are profit". @Olalekan: kudos |
| Agriculture › Re: Long Awaited Egusi {Melon} Storage Business Season Is On Now by Olayimikami: 11:08am On Aug 19, 2016 |
Price update at Nasarawa market as at today. Bags sold for btw 24k-26k. Per modu hovers btw N130 - N150. Only white egusi available in the market today. For those intending to travel down, feel free to buzz, I will be in Keffi whenever you choose to arrive. |
