Shariff84's Posts
Nairaland Forum › Shariff84's Profile › Shariff84's Posts
1 2 3 4 5 6 7 8 ... 37 38 39 40 41 42 43 44 45 (of 78 pages)
2-Groundnut:-groundnut is always among the best storage grains because you will always gain even if the gain percentage is not much.you can store both peel and unpeel,this year,I bought peeled groundnut worth 4 million naira to a nairalander in onitsha.and we bought them when a sack is 30,000 and now a sack of peel groundnut is 55,000.A sack of unshelled groundnut now is 14,000 while in harvesting time is 8,000.storage duration is 7 months from December-July.
|
1-Beans thought the most lucrative among the storage grains but highly risky produces also,Any hoarder that didn't follow beans with caution can lost huge part of his/her capital on the process.the way you see the price of beans going up weekly that's the way it will going down if their is glut in the market.Also,beans can easily be attack by weevils but if you used PICS bags then you are safe. A price of beans during haversting is normally 18-20k per bag,now a brown beans bag goes for 62k and white 53k.It storage duration is 7 months i.e December to July. |
Wonder1844:Yes the price is now 13k for unpeeled. |
Wonder1844:yes it's the best time though egusi is already scarce in the market and it price keep going up weekly.Today I went to the market with the intention of buying 50 bags for a nairalander in onitsha but I only got 7bags! |
iretinyeee:No need to put anything for egwusi storage,the only thing it require is to be completely dry before storage. And for corn also you have to make sure it's completely dry before storage,though we use one inserticide that's call Nubam(executor) in the north before storage. |
Audinowing:yes,I will advice any any nairalander who care to listen not to store beans next year.Due to high cost in price this year,alot of farmers plant beans more than any other produce in the north and this will lead to over production of beans which will result to crash in price. |
BlissGod:17k |
jades5050:among the above mentioned grains only beans and bambara nut need PICS bag for storage,others is not necessary.The storage duration is mostly 6-7 months from December to June/july.this is PICs bag and you can all get it from me at rate of 800/bag.
|
WibusJaga:how many northerners are in uk? |
What ever you will buy make sure you buy it during it haversting period,also try and get it at the cheapest price possible.If at haversting period and the price refuse to reduce drastically,I repeat pls Don't buy! |
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-beans! 2-groudnut 3-millet 4-maize 5-sorghun/guinea corn 6-Agusi 7-suyabeans 8-dried pepper 9-sheanut 10-bambara nut |
Me myself I didn't gain from storage twice that's 17 years ago but alot of people most expecially villagers has made alot of millions from this business in my state.Do you know what?.most of the rich people from my state are farmers and produces hoarders.we have one particular man in my town,only him store 20,000 bag of beans this year!.the man said to his friends if not because he used to hold money in his life,the profit he realized from beans can make him mad.lolz |
Disclaimer:-ln my service,I can't guarantee you any profit percentage,only God's know that.In storage you can gain even 100 percent,and you can gain less than that,some time you sell as you buy.some time you can even lost small thing from the initial capital. Storage business can be a lucrative venture next season due to insecurity, kidnapping and bandtry In the north.Alot of farmers have been chased away from there farms/villages. |
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! |
This will be my new thread for this year!. Pls and pls don't give any body your money to keep on ur behalf.No matter how much you will spend on transport try an move your grains to ur destination. I know what iam saying there is currently alot of cases where the agent run away with people's money. I swear one igbo man bought 700 bags of agusi last year and leave it with the agent,the agent sold everything last two months and run away with the money to only God's know destination!. Even me iam not save,I bought sorghum worth 500k last year and entrusted it to one Alhaji in my town,I swear now that I want to sell it to continue my building project,no sorghum/no money!...it current value will reach one million, though I have arrested the alhaji but we were only be able to recovered 200k from him only. Therefore,in this thread everything will be open that's why iam not doing any whatsapp group,when we reach haversting season I will be updating about the current prices and anything you want,you can buy it here from me and it will deliver to ur state any where are you within Nigeria. |
You can get from kano. |
Edoziem01:even last December beans is 18k. Also all those that want to make storage this year should be careful with beans. Beans price may not go up at all next year!. My reason is that due to beans reaching 60k plus this year,alot of farmers plant more beans than any other product in the north and this will cause excess supply which will lead to crash in price next year. |
kemtol:22k now |
utytill:25k |
merrymike47:yes nau,even yesterday I send to lagos and Ibadan but you will collect @iyana bodija if you are in Ibadan. |
BlissGod:1k per bag but there is discount if you are buying much. |
Due to massive buying,peeled agusi is now 40k,while unpeeled 12k. |
BlissGod:yes! |
BlissGod:240k,Niger State. |
richidinho:37k |
I bought 30 bags of beans to nairalander in akure today.prices:- beans brown 65k for both oloyin and drum,white 53k,maize white 22k,yellow 24k
|
juri:don't worry I may get it for you,how many pieces you want?.they sell 500 per one now. |
The okene nairalander,has received his goods yesterday.I also send to Onitsha yesterday and today I will send some to kano.You can still place ur order before the haversting season over. |
Uchenedu:you will get bambara nut and dawa seed from me.Also,get ready by December if you want to do storage.I will soon open a thread about storage business. |
Rawblings:unshell fresh one is 7k now and unshell dried one is 13k.but new groundnut will be out soon(september) |
Yesterday I visited one village in our side to purchased some handpeel bags of groundnut for a nairalander.
|
Another nairalander,from osun osogbo has placed her order for 20 bags of unpeeled agusi to osun,by God grace I will send her goods on Thursday that's when we have truck to osogbo. |
1 2 3 4 5 6 7 8 ... 37 38 39 40 41 42 43 44 45 (of 78 pages)

