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The Hidden Profit In Storage Business - Agriculture (2) - Nairaland

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Re: The Hidden Profit In Storage Business by shariff84: 8:40am On Aug 16, 2021
Audinowing:
@Shariff, please is this the right time to buy groundnut? If not when is the right time
No! Groundnut now is completely wet, November is the right time to buy Groundnut.

1 Like

Re: The Hidden Profit In Storage Business by shariff84: 11:16am On Aug 17, 2021
10-Bambara nut:-this is the most riskiest farm produces for storage,it spoil more easily than beans.Also weevills use to destroy it easily but thank God for the PICS bag now that's doing the magic.Current price 55k, haversting time price 20k.

4 Likes 1 Share

Re: The Hidden Profit In Storage Business by Adamma91(f): 11:51am On Aug 17, 2021
shariff84:
10-Bambara nut:-this is the most riskiest farm produces for storage,it spoil more easily than beans.Also weevills use to destroy it easily but thank God for the PICS bag now that's doing the magic.Current price 55k, haversting time price 20k.
Oga Sheriff thank you for this wonderful update. Do you mean with the PICS bag there won't be weevil attack at all? Have been storing Bambara nut before. I am really interested in that
Re: The Hidden Profit In Storage Business by Willie2015: 6:44pm On Aug 20, 2021
Hi,

What about ungrinded Elubo ?
Do we need PICs bag for this ?
Re: The Hidden Profit In Storage Business by Yampotatocarrot(m): 7:48pm On Aug 20, 2021
@Op, can these produce be sold before that 7months frame? 7 months seem TOO LONG to have one's money tied down

Just asking
Re: The Hidden Profit In Storage Business by Buchitoochi: 2:51am On Aug 21, 2021
[center][/center][sup][/sup]
[sub][/sub][quote author=shariff84 post=104758698]In this thread we are going to focus on certain produces that I know better as a farmer and also as a business man.I will list and explain them one after the other.1-bean[size=8pt][/size]
[color=#000000][/color]




Can you please enlighten me on Rice and beniseed (sesame) storage.
Re: The Hidden Profit In Storage Business by shariff84: 7:06am On Aug 21, 2021
Willie2015:
Hi,

What about ungrinded Elubo ?
Do we need PICs bag for this ?
No,you can keep it in ordinary bag it will not spoil.
Re: The Hidden Profit In Storage Business by shariff84: 7:12am On Aug 21, 2021
Yampotatocarrot:
@Op, can these produce be sold before that 7months frame? 7 months seem TOO LONG to have one's money tied down

Just asking
yes you can sell it before 7 month but you will no get the actual profit that you may support to get. For instance, Agusi this year state @ 7k per bag for unpeel,alot of customers bought it like that from me,and now is 10k per bag, i.e 30% profit in one month!!!!! They can sell now if they want to but if it reach like three months they may get 50% profit per bag.

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Re: The Hidden Profit In Storage Business by Willie2015: 7:16am On Aug 21, 2021
shariff84:
No,you can keep it in ordinary bag it will not spoil.

Ok and thks...
Will be doin biz with u
Very Soon...
Re: The Hidden Profit In Storage Business by Yampotatocarrot(m): 7:44am On Aug 21, 2021
shariff84:
yes you can sell it before 7 month but you will no get the ectual profit that you may support to get. For instance, Agusi this year state @ 7k per bag for unpeel,alot of customers bought it like that from me,and now is 10k per bag, i.e 30% profit in one month!!!!! They can sell now if they want to but if it reach like three months they may get 50% profit per bag.

Half bread is better than chinchin. Although it's small, but it's still okay, just like trading crypto.

Do you store and sell for people or what? Or do you sell for people that have storage space but can't really find market... Please which one?

And please, which produce is cheap now? Thanks
Re: The Hidden Profit In Storage Business by shariff84: 10:57am On Aug 21, 2021
[quote author=Yampotatocarrot post=105017346]

Half bread is better than chinchin. Although it's small, but it's still okay, just like trading crypto.

Do you store and sell for people or what? Or do you sell for people that have storage space but can't really find market... Please which one? I will do both in this thread,we have storage facility(200/bag) for those that didn't have space.And I will sell for you when the scarcity time reach.
But I prefer to send the goods to the owner,soon we go enter millet storage season.
Re: The Hidden Profit In Storage Business by BECALMBECALM(m): 2:52pm On Aug 21, 2021
.
Re: The Hidden Profit In Storage Business by BECALMBECALM(m): 2:54pm On Aug 21, 2021
Mr Sharrif, i advice you do not go into buying and storing for people. Anybody who is serious in doing this business ,should buy the produce from you and move them to his location. Create a market and sell his produce when it is time to sell. You can take my advice or leave it.Thank you
Re: The Hidden Profit In Storage Business by shariff84: 4:09pm On Aug 21, 2021
BECALMBECALM:
Mr Sharrif, i advice you do not go into buying and storing for people. Anybody who is serious in doing this business ,should buy the produce from you and move them to his location. Create a market and sell his produce when it is time to sell. You can take my advice or leave it.Thank you
that's true my brother,I will take ur advice.Any body that's serious should take it to his/her place.we do that with one Mohammed Bashir on nairaland,he purchased some bags of sorghum and moved them to his destination and sold them all last week @25k per bag.
Therefore,No storage for people.we will send you ur goods immediately after purchase.

2 Likes

Re: The Hidden Profit In Storage Business by SofortAgro: 10:59am On Aug 22, 2021
BECALMBECALM:
Mr Sharrif, i advice you do not go into buying and storing for people. Anybody who is serious in doing this business ,should buy the produce from you and move them to his location. Create a market and sell his produce when it is time to sell. You can take my advice or leave it.Thank you

This is a good advice.
Re: The Hidden Profit In Storage Business by SofortAgro: 11:01am On Aug 22, 2021
Can you please discuss about how to store these grains.

Can the bags be stored in a room?
Re: The Hidden Profit In Storage Business by shariff84: 3:09pm On Aug 25, 2021
SofortAgro:
Can you please discuss about how to store these grains.

Can the bags be stored in a room?
yes we mostly stored them in our rooms and shops but keep away from rats.

2 Likes

Re: The Hidden Profit In Storage Business by shariff84: 3:12pm On Aug 25, 2021
New millet! New millet!! New millet!!! Is out,it storage will start in two weeks time.those that are interested in millet should get ready.The price of 100kg new bag of millet as of today is 12,000

1 Like

Re: The Hidden Profit In Storage Business by Realsharie: 9:19pm On Aug 26, 2021
Please which one is available for storage now and how much I want to buy
Re: The Hidden Profit In Storage Business by shariff84: 11:00pm On Aug 26, 2021
Realsharie:
Please which one is available for storage now and how much I want to buy
millet,12k.
Re: The Hidden Profit In Storage Business by Baaj: 7:43am On Aug 27, 2021
shariff84:
New millet! New millet!! New millet!!! Is out,it storage will start in two weeks time.those that are interested in millet should get ready.The price of 100kg new bag of millet as of today is 12,000

Thanks For the Free information you provide..
Please tell us about Paddy rice storage..
Re: The Hidden Profit In Storage Business by peacealways: 1:40pm On Aug 27, 2021
Ok
Re: The Hidden Profit In Storage Business by shariff84: 2:26pm On Aug 27, 2021
Baaj:


Thanks For the Free information you provide..
Please tell us about Paddy rice storage..
I deliberate ignore paddy rice because it gain is very small,iam into local rice supply the market suffer setback since January when buhari open border.Thought foreign rice is still contraband but it always used to find it way to market and this result to limited demand of local.And since local rice is not moving,paddy rice will also no move.the current price of paddy is 15k, during scarcity it's 18k per bag.If gain margin is ok for you then contact me to place ur order.thanks

1 Like

Re: The Hidden Profit In Storage Business by divalizzy(f): 2:31pm On Aug 27, 2021
[quote author=shariff84 post=105215713] millet,12k.

Please will this price further crash by next month?
Thank you
Re: The Hidden Profit In Storage Business by shariff84: 2:55pm On Aug 27, 2021
[quote author=divalizzy post=105233094][/quote] trufully,I don't know.market is unpredictable but we are buying ur own next week by then we will have dried ones.
Re: The Hidden Profit In Storage Business by Baaj: 3:48pm On Aug 27, 2021
shariff84:
I deliberate ignore paddy rice because it gain is very small,iam into local rice supply the market suffer setback since January when buhari open border.Thought foreign rice is still contraband but it always used to find it way to market and this result to limited demand of local.And since local rice is not moving,paddy rice will also no move.the current price of paddy is 15k, during scarcity it's 18k per bag.If gain margin is ok for you then contact me to place ur order.thanks

Thanks
Re: The Hidden Profit In Storage Business by Classickj(m): 3:28pm On Aug 28, 2021
How do I join
Re: The Hidden Profit In Storage Business by shariff84: 3:39pm On Aug 28, 2021
Classickj:
How do I join
you already joined,since you were here.thanks
Re: The Hidden Profit In Storage Business by Classickj(m): 3:56pm On Aug 28, 2021
shariff84:
you already joined,since you were here.thanks
like how do I join the business
Re: The Hidden Profit In Storage Business by shariff84: 4:41pm On Aug 28, 2021
Classickj:
like how do I join the business
just get ur money ready I will be updating harvesting period of each of the above mentioned grains,then you buy from us or anyone and store.
Re: The Hidden Profit In Storage Business by dollarsplenty(m): 9:21am On Aug 29, 2021
shariff84:
Storage like any other business has it on up and down depend on the year.But in storage business,you need one thing to succeed that's consistency. I remember vidly about 17 years ago me and my friend used to do beans storage.But I stop after we stored twice without gain,then my friend used his only 200k to purchased some bags of beans later sold them 600k.From there he got the money to build his present house he lives inside!
That's Ajiya ko? It's a good business if all things go well.
Re: The Hidden Profit In Storage Business by dollarsplenty(m): 9:23am On Aug 29, 2021
shariff84:
New millet! New millet!! New millet!!! Is out,it storage will start in two weeks time.those that are interested in millet should get ready.The price of 100kg new bag of millet as of today is 12,000
Good. Hope the price will still drop.

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