| Bambara groundnut is a leguminous crop, in fact it is considered as the third best legume rich with many nutrients. The nut has so many health benefits some of which includes; diabetes management, helps in digestion, immune booster etc. It can be used for cooking, eaten as snacks and flour production. In Nigeria, Bambara nut is mostly used in the preparation of Okpa a popular food delicacy for the people in the Eastern part of Nigeria. Due to the seasonal nature of the nut it has become very profitable to start bambara storage business.
Benue state is the highest producers of Bambara and many other crops. But the nut can be bought in a larger quantity and cheaper in Kwande Local government area. Kwande is the highest producers of Bambara in Benue state. Kwande is located outskirt of Benue, very close to Gboko. How to start Bambara storage businessSource for capita. Since you want to store, it will be good to start with reasonable amount of money, 500k is a good start. You can also buy and sell out rightly. This will involve buying from where it is available in large quantity and sell where it is highly demanded. Means of transportationMake sure there are trucks to transport the produce to your location. Just like melon business you can buy and store in the market in Kwande and sell them during off season. You will pay for the shop and security fee. Ensure you do your research well to avoid stories that touch. Store: if you are taking them to a different location for storage then prepare or rent one down. Market: Monitor the market so you will know when to sell. It is best to sell during bambara planting season then it will be very scarce in the market. Bambara seasonThe grains are harvested from 2nd week of November, the best time for Bambara storage is between November-January. Prices of this nuts start going up from February and during planting season. How to store Bambara groundnutBambara nuts are stored in a special way, when properly done, it stays for a very long time. The nuts is risky to store, you must have a good knowledge on how to store bambara otherwise they go bad. There are special bags designed for this purpose. Why you should start Bambara storageBambara nuts doesn’t fall in price, it keeps soaring until harvest . The profit can be times 3x or more depending on when you sold your nuts Price for now is #16,000 for the unpeeled and #50,000 for the peeled Bambara. Con of Bambara storage businessThe only reason you can experience low price sell is when you did not store properly.
ConclusionWhen to sell stored Bambara nuts is very risky to store than other grains. it get spoilt easily and quickly than beans. Prune to attack by weevils. The best way is to store Bambara nuts in PIC bags. The best time to start selling your stored Bambara is during planting season. At this time the grains are no longer in the market.
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