Cassava farming business| Business Startup | Feasibility Study

Cassava farming business| Business Startup | Feasibility Study 


Cassava farming business| Business Startup | Feasibility Study
Cassava farming business| Business Startup | Feasibility study - The New innovations in Agriculture worldwide has increase the diversification in cassava production with different value chains in Nigeria. Cassava farming is getting more lucrative on every passing day. This farm product has always been a source of lively hood and food for millions of Nigerians. About 95% of Nigerian households consume cassava products on daily basis. Some of the meals are: garri, wheat-flour, cassava flour, animal feed, commercial caramel, and a lot more. Cassava is a major content in such productions.

Several Guides on Cassava farming business| Business Startup | Feasibility study has been on the following; 

As a matter of facts, the population of Nigeria and other Africa countries continues to grow, the demand for cassava products and different value chain will continue to skyrocket, leading to higher revenues generated by cassava farmers. This widespread consumption of cassava products will continue increase revenue returns on cassava investment.

Most people may ask; Why then haven’t a lot of people ventured into cassava farming? The popular answer has always been – “the lack of capital”. Capital hinders a lot of business activities from taking off, coupled with the economic recession which every African country experience including Nigeria. Although, Nigerian government through the country’s Bank of Agriculture (BOA) has now made more agriculture loans available to millions of potential & active farmers. You Taking advantage of the government’s agricultural loans and incentives at this time is a good way to start up your own cassava farming business. You can find information on how to get and secure agricultural loans in Nigeria HERE.

Perfect Guide On Business Plans/Feasibility Study For All Entrepreneurs/Business startups

STEP 1; SELECT A GOOD SITE FOR YOUR CASSAVA FARM

When getting a site to setup a cassava farm, pick an area with deep well drained loamy soil, adequate rainfall, and warm & moist climatic conditions. Cassava grows best in these areas. An easy way to identify lands with these conditions is to see if:

  • There’s a thick vegetation around it,
  • The soil texture is good,
  • The land is flat or gently sloping.
  • Picking the right location to setup your cassava farm is extremely important. Make sure the locals and food scientists can verify the richness of the soil before you proceed to make a purchase.

STEP 2; IMPROVE THE SOIL FOR PLANTING THE CASSAVAS:

Likewise, this step is not important if you have already selected a good site to grow your cassava farm. Although, if you didn’t, you may need to spend a lot of money in improving your soil. Some common practices used in improving the soil are as follow; 

  • Manure your soil,
  • Prepare good seedbeds,
  • Mixed cropping - Planting the cassava along with other crops, and more.
  • Your soil must be very fertile for cultivation else, you may have low harvest.

STEP 3; SELECT THE BEST CASSAVA VARIETY TO PLANT:

There are several spies/type/breeds of cassavas that you can grow in your farm. Although, to achieve a successful cassava production in Nigeria, the following cassava varieties are commonly recommended based on their high yield and processing quality:

  • TMS 30572 
  • NR 8082 
  • NR8083 
  • TMS 4(2) 1425 
  • TMS 81/00110
  • TMS 92/0326. 

Also, to know or inquire about an additional 10 cassava varieties yet to be released, you can consult cassava production specialists in Ibadan, Nigeria.

STEP 4; LAND PREPARATION AND PLANTING

As a matter of facts, you need to prepare the land for your cassava production. It is recommended that you use a total herbicide such as Round up (a glyphosate) should be applied at the rate of 4-5l/ha 10 days before land preparation. And to save cost and achieve maximum plant population of your cassava, it is best that you adopt mechanization and planting on ridges.

STEP 5; LIMING

High productive in cassava also needs liming. It is advisable that 5(50 kg) bags of agricultural lime be applied when you are preparing the land for your cassava farming.

For your effective cassava planting, the following information should be noted;

  • To start planting your cassava, begin by April and extend it to October (depends on your choice)
  • The recommended quantity of cassava for one hectare of land is 60 bundles of cassava stem.
  • Cassava stem cuttings measured at 25cm in length should be planted at a spacing of 1m x 1m.
  • To achieve a perfect cassava production, ensure you remove and replace dead stems.

STEP 7; WEEDING

Likewise, weeding is necessary to alienate unnecessary plants from stunting the growth of your cassava plants. Note that if you didn’t apply herbicide to the cassava plantation before land preparation, it is recommended that you use a pre-emergence herbicide which must be applied within three days after planting. Five liters of Primextra is advisable per hectare.

STEP 8; FERTILIZER TYPE, USAGE AND RATE

The following are recommended fertilizers to use to achieve optimum cassava plantation in Nigeria.

  • NPK 20:10:10–9 (50 kg) bags 
  • NPK 15:15:15–12 (50 kg) bags
  • NPK 12:12:17–15 (50 kg) bags

Furthermore, the fertilizers listed above should be applied at exactly 8 weeks after planting your cassava. To use, apply the fertilizers in a ring, 6cm in width and 10cm from the cassava plants. Distribute the fertilizers with care and ensure that the fertilizer does not touch the stems or leaves of the cassava.

STEP 9; MARKETING

General speaking, while waiting for your cassava to grow and be matured for harvesting, you can now use the left time to advertise your product/business. It won’t be pleasant to wait till harvesting before you start attracting the attention of your customers. In like manner, approach companies that produce cassava flours and chips, bakeries, and even the local market women. It will marvel you that the profits derived from cassava production in Nigeria is so enormous. But It all depends on how you market your cassava product/produces.

STEP 10; Yield


  • In conclusion, if every step in this article is followed step by step, it is very possible to achieve a cassava yield of 25 tubers per hectare or even more.
  • It is imperative to note that, for you to achieve a successful cassava production in Nigeria, there is optimum need to apply good agronomic practices and management generally.

  • Several business plans include a financial section or a feasibility study, which shows how you’ll fund all the sector of the business. It also shows the revenue you expect to generate at the long run. To understand and value a company, investors have to look at its financial position/breakeven analysis properly/critically. Fortunately, this is not as difficult as it sounds. You can get one today. Just apply for one HERE
Finally, writing an investor-grade business plan can be challenging and time-consuming, even for those who have done it before. If you are a typical entrepreneur, you’re already too busy focusing on other priorities, such as building your customer base, perfecting your product, or recruiting key management. We can help you prepare one, just click here to get a detailed BUSINESS PLAN/FEASIBILITY STUDY.

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