It’s one of your best options is to go into rice farming if you’re looking towards starting an agricultural crop cultivation business. For people who are conscious about their health, then organic rice is the best choice. With irrigated farm holdings averaging one hectare, it will be a challenge to continue rice farming with traditional, low-yield technologies. Halo, welcome back to this channel. This business plan was complied after a proper feasibility study on rice production in … Choose right land for rice farming; To have a successful rice production in Nigeria, the choice of land that you use in planting your rice REALLY matters. Despite the fact that rice farming business is a very lucrative and profitable business to venture into, there also exists certain challenges that’s facing rice farming business in Nigeria. Twitter. Our sample rice farming business plan in Nigeria can be used to access bank loans, grant applications and proposal writing and grant applications. Rice Farming Business. For your rice production business, the start-up expenses will include, land, supplies, basic equipment, packaging, storage, transportation, operating costs, labor and many other outlays. The average land holding is about 3 hectares, and the average scale of rice farming for most of Southeast Asia. Thus, becoming a rice dealer or retailer can net you good profits because of its daily demand. It should be beneficial and takes short time from sowing to harvesting. Introduction to Brown Rice: Brown rice is an unrefined and an unpolished whole grain which is formed by removing the surrounding hull of the rice kernel. Rice Farming: An estimate of 78% of the country’s population eat rice on Sunday alone and 53% eat rice 2 to 3 times a week. Either start your own rice retailing business or franchise an already established brand. Rice mills can also be constructed – rice processing equipment is business in the rice industry. Today, we are proving information on Brown Rice Farming, Planting Practices, Harvesting Techniques and Post-harvesting Methods. In the Philippines where rice is eaten every day, starting a rice retailing business or bigasan makes a lot of sense. RICE FARMING - SWOT ANALYSIS 1. Rice Farming & Processing Business Plan In Nigeria Feasibility Study – One of the most consumed food in Nigeria today is rice, and this is as a matter of fact, so many feasibility study on rice production in Nigeria has confirmed it also. This article would to some extent, help in showing you how you can successfully kick-start your own rice farming business, and nurture it to a thriving stage. Industry: Agriculture (Crop Farming; Rice Cultivation and Processing Business plan in Nigeria) PATILADWONDER FARM is an Integrated Rice Cultivation and Processing Farm involved in cultivation and processing of rice targeting Ebonyi state, Southeast Nigeria, the entire nation and finally the export market. • SWOT analysis is a process that identifies an organization's strengths, weaknesses, opportunities and … As with any other type of food business, there are two ways to make this happen. Rice has been a staple of the Filipino diet since time immemorial. This statement is particularly applicable to the Asian continent where rice forms the main staple food for the majority of the population (in particular the poorer segments of society) and where farmers account for more than 90 percent of the world's total rice production. Additional use of herbicides, pesticides, and fertilizer can increase the likelihood of a larger yield. See Also: How To Start A Lucrative Mushroom Farming Business In Nigeria (The Complete Guide) Conclusion. By then you would have learnt all that it takes to be a rice farmer. Pinterest. 33 comments; 1 expert advice; 22,593 views; Rice is one of the most widely grown crops in the world. Rice farming - complete guide from seed sowing, direct seeding, transplanting, fertilization, water management to Harvest. Rice is one of the world's most important staple food products. GTBANK (Guaranty Trust Bank) ACCOUNT NAME – UWADIA EYEMEKA ACCOUNT NO. Rice farming business is not only a staple business but its favorite in all parts of the world.