A COMPREHENSIVE & PRACTICAL GUIDE ON HOW TO START CASSAVA FARMING & PROCESSING BUSINESS By: Micheal B. O.
Converting a pick-up van loaded with the tubers into garri will give you N65,000. Assuming the cost of processing the tubers into gari was N30,000, the remaining amount is your total profit. Note if one hectare can produce 30 tons which can produce ten ton of gari, if you multiply N124,950 from one ton in ten places one hectare has made you an instant millionaire this goes a long way to shows that if you add value you will make more money.
HOW TO GENERATING EXTRA INCOME FROM CASSAVA STICKS: Moreover cassava stick can generate more income for farmers, for instance a bundle of cassava sticks containing 40 viable sticks, each cut into 5 pieces each would give 2,000 sticks of cassava, which can be used to plant 200 heaps. On one acre of farm land we have 20,000 heaps and a bundle of cassava sticks containing 40 sticks is sold for between N300 and N350 depending on location. Since on acre of land will take 20,000 heaps and 200 cassava sticks makes one bundle of cassava sticks, it then mean 20,000 heaps will consume 10,000 bundles of cassava sticks during planting season, it also means that N10,000 worth of cassava sticks would be used to plant 20,000 heaps on one acre of farmland during a planting season. Therefore, 10,000 bundles of cassava sticks multiplied by N300( which is the lowest price of a bundle of cassava sticks) gives a profit of N30,000. With the above analysis, you can see that farmers can make more money from the cassava sticks in addition to the income from the sales of the tubers.
OPPORTUNITY FOR BIG INVESTORS: The major success factors in cassava production is the ability of the investor to engage in commercial production using high yielding stem cuttings( minimum of ten hectares) With 30 tons per hectare on a 10 hectare of land an investor can make about N3million on the cassava alone in eight months. Earn finder’ s fee by connecting Cassava farmers and Processors: A lot of cassava farmers in Nigeria are looking for you to help them sell their cassava to cassava processors. Some of these processors are spread around the country, there is one in Lagos that buys 400,000 metric tons in a day some of these companies buy at N8,000 to N9,000 per metric tons, and you can buy from the local farmers for between N4,000 to N6,000 per metric ton, just imagine how much you will make if you are selling 100 to 200 metric tons. To some of these cassava buyers.
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