Sorghum Farming Business Plan in Nigeria
Many people do not know it but sorghum is one of Nigeria’s biggest export crops to date. Nigeria is the third biggest producer of sorghum in the world after the United States and India. Sorghum farming is a lucrative business and it presents the farmer with a lot of opportunities.
Also Read: Poultry Farming Business Plan in Nigeria
According to statistics, sorghum is cultivated on more than 5.5 million hectares of Nigerian land. This amount of land accounts for up to 2.8 million tons of sorghum annually. With each year, Nigeria gets to produce more sorghum. Despite the increase in annual production, the demand for sorghum is yet to be satisfied.
In this post, we will show you how to start your sorghum farming business in Nigeria. Before that, let’s show a sample sorghum farming business plan in Nigeria. If you are ready, let’s get straight to business.
Sample Sorghum Farming Business Plan in Nigeria
Before we go ahead, we will like to inform you that this is a sample business plan so it will contain excerpts of a full plan. If you will like the full plan or a customized plan, kindly reach us to help you out.
Company Description/Overview
Company Name: Strong’s Sorghum Farm
Company description
Strong’s Sorghum Farm is a standard farm that focuses on the production and sale of sorghum and its related products. The farm is located on the outskirts of Bauchi Local Government Area, Bauchi State. Our products will be sold to both the Nigerian and international markets. We do not intend to stick with just the production of sorghum but processing to get its different by-products.
Along with the sorghum farm, Strong’s Sorghum Farm intends to set up a malt processing plant. This plant is expected to have a processing capacity of up to 5 tons daily while operating 8-hour shifts. The plant will be equipped with a single unit of 100 MT capacity steel cone silo having a base bottom. This silo is needed for the storage of both the raw material and the finished product.
The sorghum produced at our farm will be packaged into woven sacks of different sizes which are 50kg, 100kg, and 150kg respectively. With this, buyers have a variety of sizes to choose from depending on their immediate or future needs. Part of our operations includes incorporating efficient work ethics to the cultivation and production processes. These will be done with the regulations of the SON and NAFDAC in view.
To ensure that we provide the best products to satisfy our customers, we will employ the best hands in the industry. Along with these, we will tailor our company’s policies to foster the achievement of set goals and objectives. Employees will enjoy a favorable working atmosphere and competitive packages as well as pieces of training and constant performance appraisals.
Company vision
Our vision is to strive to produce top quality products that will undergo optimal processing to satisfy the needs of our customers.
Company mission
To always exceed the expectations of our customers and other prospects by providing top quality products using the most sustainable methods possible.
Product Description
Strong’s Sorghum Farm intends to supply both the local and international markets with top quality products. We do not only intend to generate revenue, but we also desire to maximize profits as much as possible. To do this, we must create multiple streams of income to give the company a solid background.
All of this will be based on developing a reliable supply chain that is consistent in the cultivation of sorghum, processing, and efficient marketing. With this, we will be able to maintain our competitive advantage. Here is a list of our products along with the services we intend to offer our customers:
- Sorghum
- Sorghum-related products such as sorghum meal, sorghum powder, and sorghum rice.
- Logistics and storage services.
- Consultancy services.
- Exportation services.
Keys to success
We intend for Strong’s Sorghum Farm to succeed and become one of the biggest sorghum farms in Nigeria on the continent. To achieve this, here are the keys to our desired success.
- Access to affordable but fertile land for cultivation and production.
- Constantly investing in improving our production capacity.
- Maintaining the processing facility such that products from here are safe and healthy for human consumption.
- Acquisition of the required licenses.
- Ensuring employees are satisfied at all times.
- Employing top marketing strategies to spread the word about our brand.
Strong’s Sorghum Farm Objectives
- Investing in increasing sales over the first 12 months of production which should double within the next year.
- Generate customer satisfaction to ensure customer loyalty and continual patronage.
- To sell products at the best possible prices on the market.
- To develop a farm that is self-sustaining so that it can survive on cash generated from its operations.
To get a complete Sorghum Farming Business Plan in Nigeria, pay N20,000 to
Bank Name: Guaranty Trust Bank (GTB)
Account Name: Chibuzor Tochi Onyemenam
Account Number: 0044056891
After payment, send your full name, email address and topic (e.g. sorghum production in Nigeria pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.
How to Start Sorghum farming business in Nigeria
Before we even take a look at how to start this business, what exactly is this business about? Sorghum farming is the cultivation of sorghum and processing into different products. Sorghum has several other names which include great corn and guinea corn.
This crop is under the cereal family and it is the fourth in the ranking of cereals consumed in Nigeria. There is so much that you can enjoy from sorghum in terms of opportunities as an entrepreneur.
There are 4 different strains of sorghum produced worldwide and they include:
- Sweet sorghum
- Grain sorghum
- Biomass sorghum
- Forage sorghum
So with this knowledge, how do you start your sorghum farming business in Nigeria? Check out the tips below to help you out.
Feasibility study and business plan
The results of a feasibility study are very important in planning your business. Without both documents, you are reducing the chances of your business succeeding. This is why you need to write a business plan that acts as a map to guide your business and also a way to seek funds.
If you are not able to conduct a feasibility study and write a business plan, you need a professional to help you out. You can contact us to handle this project on your behalf.
Acquire farmland and prepare it for cultivation
Without farmland, you cannot carry out any farming practices. You need to find out the land requirements for cultivating sorghum. This is important if you want to enjoy the best yield from your cultivation process.
Some of the requirements include:
- Soil temperature should be about 15o
- Soil pH should be around 6.0 to 8.5. This is because sorghum thrives better on alkaline soil.
- The soil should contain between 10% and 30% clay.
These are just a few of the soil requirements. To find out all the requirements, you should speak to a professional in this field.
Planting
Before planting, you must map the land out by tilling. Since the land will be large, it is better to work with farm machinery. Follow the stated procedure for sorghum planting according to agricultural science for the best results.
Selecting your seeds
When cultivating sorghum, you must consider the kind of seeds you will plant. We have already told you about the different strains of this crop. Find out what strain is best for your region and which one is less susceptible to disease and pest attack.
Fertilizer application
Usually, before planting you may need to add some manure or inorganic fertilizer to the soil. This is very important if the soil has been used in the cultivation of other crops recently. You also need to apply fertilizers between five and six weeks after you plant.
Harvest
Each strain of sorghum has a specific period for harvesting after the grains begin to milk. Find these out and follow the instructions laid down for harvesting the strain you planted. You can either harvest mechanically or by hand.
Selling your products
Many farmers are scared of going into sorghum farming because they are scared of how they will sell their products. Like we told you earlier, the market for this crop is huge both within the country and internationally. You can find buyers through several means but the best way is to ask farmers who have experience in this industry.
Challenges of Sorghum farming in Nigeria
Just like every other business, this business has its challenges. we have outlined the most vivid in this section.
- Finding adequate capital. This is one of the major problems of starting a business anywhere in the world. In Nigeria, farmers do not have access to the capital needed to acquire farmlands and the machinery needed for the production of sorghum.
- Poor management skills. Most of the businesses that crash in this sector do so not because there is no market but because of poor management.
- Inadequate training and lack of experience in sorghum farming.
Conclusion
Sorghum farming is a very lucrative venture but it is not for the fainthearted. We have shown you all there is to know about how to start a sorghum farming business in Nigeria. Along with this, we have reiterated the importance of a business plan to the success of this business. You can reach out to us if you need a business plan for sorghum farming and processing in Nigeria.
Get your Sorghum Farming Business Plan in Nigeria today, pay N20,000 to
Bank Name: Guaranty Trust Bank (GTB)
Account Name: Chibuzor Tochi Onyemenam
Account Number: 0044056891
After payment, send your full name, email address and topic (e.g. sorghum production in Nigeria pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.
Sorghum Farming Business Plan in Nigeria © www.businessplan.com.ng
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