3 short termcrops that can generate substantial revenue this year 2022
After 7 years of consistent cultivation on all of our farm estates,we narrow down to few short term crops we decided to be cultivating every year these crops as a farm business
You should also consider them due to their market price stability and ease of storage
First,
Groundnut farming
Current price of 100kg of groundnut is N66k,last year it flunctuates around N55k per bag
Your target yield should be at least 500kg per acre if all things work well
We are also looking at cultivating Groundnut on our farm estate this season and we are really prepare for the post-harvest work because that's where the heavyweight of the work is.
Second one is Soybeans farming
Any day,anytime you will catch us with soybeans because it's one of our favorite.
A bag flunctuates between N30k-N37k per bag this year.
If you have at least 500kg yield on an acre,then that should fetch you some few millions on tens of acres
Then third one is Cowpea production
Cowpea is also a good crop to cultivate.
The price flunctuates between N50k -N55k per bag last year and likely to increase this year.
If you are looking at any of this crop,make sure you are well prepared for the post-harvest work.
I guess this is why the price is always on the high side come rain come shine.
Want to acquire suitable farmland for any of these three crops on any of our farm estates or you want to learn how to setup,manage from harvest to sales,we have got you covered.
Just a DM away