Agribusiness, Agriculture, Veterinary Medicine, Cassava, Garri, food security, Agritech and the Red Meat Value Chain.
Sunday, October 15, 2017
RICE FARMING: How to start a rice farm.
RICE FARMING: How to start a rice farm. Nigeria, is the largest producer of rice in West Africa and the third in Africa after Egypt and Madagascar producing about 3 million metric tons on the average annually, falls short of meeting its local demand which is placed at about 5 million tons.
Rice can be grown anywhere, that is, rice can grow in all the geographical zones of Nigeria depending on the variety, the area of land used for rice cultivation is relatively minute about 2 million hectares when survey puts it that Nigeria has the potentials of cultivating about 5 million hectares.
Rice farming is not only lucrative but rice is a major stable in Nigeria giving access to a lot of market that can be tapped into. Rice farming could be done directly or indirectly and still reap the expected harvest. The array of internet farming has exposed farmers and farming enthusiasts into the agriculture with all eyes on profit while ensuring food security. Rice farming can be done indirectly by investing in rice projects and reaping the profit at the end of tenure. There are several platforms that offer such services,where you can own farms on outskirts while living in urban areas or even overseas.
Rice farming indirectly by investing can be done here .Rice farming indirectly is not limited to production alone ,investors can also capitalise on sale of finished products. Prospective rice farmers can start by sales of products,juggling brands to know the most popular brands so as to boost investments.
Rice farming directly will involve engaging in all aspects of the process from farm to market. Rice farming like all other agricultural ventures requires insight into the business for it to be successful. Learn all you can by linking up with established farmers ,test the waters at all levels of the chain before you start out. Learn about rice farming here
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