How To Start Soya Beans Farming In Nigeria: Soybeans Farming
Nigeria, the largest country in Africa both in GDP and population is widely known as the largest producer of Soya Beans on the African continent. But despite this position held by the nation, the cultivation and processing of soya beans is still largely under-implemented because a large portion of the farmers involved in the cultivation of the crop use crude implements, causing the yearly prospective production output to never be reached.
As a protein-rich edible crop that is highly demanded in many parts of the world, the ease of cultivation and venturing into Soya beans farming makes it an agricultural business for entrepreneurs to start up.
What Is Soya Beans Farming About?
Soya beans farming is the cultivation of Soya Beans for food and commercial purposes.
Business Opportunities In Soya Beans Farming Around The World
1). Source of Food For Humans:
Soya beans are used in the production of soy milk, soy flour, soy protein, tofu and many other retail food products that are consumed by people. It’s a great source of food and can be found in a lot of dairy products.
2). Animal feed Production:
Soya beans are processed for their oil and protein for use in the animal feed production industry. The poultry and pig industries are two major consumers of the soybean meal, with over half of the soybeans which are being processed for livestock feed are fed to poultry and about one-quarter of it being fed to pigs, while and the rest is fed to beef cattle, dairy cattle and used as pet food.
3). Industrial Uses:
Soya beans have industrial uses like their use in the production of biodiesel.
Facts And Benefits Of Soya Beans Farming
- Soya beans are a great source of protein.
- Soya beans help improve metabolic activity in the body.
- Soya beans aid healthy weight gain.
- Soya beans help prevent cancer.
- Soya beans boost the heart health.
- Soya beans boost digestions.
- Soya beans help relieve menopausal symptoms.
- Soya beans improve bone health.
- Soya beans prevent birth defect.
- Soya beans help control diabetes.
- Soya beans help relieve sleep disorder.
- Soya beans farming is a great source of employment.
- 1 to 7 tons of soya beans can be harvested per acre, but when hybrid seeds are used in the right atmospheric conditions, up to 25 tons of soya beans can be harvested per acre.
- Soya beans are a great export product because of their high global demand.
How To Start A Soya Beans Farming Business: Step By Step Guide
1). Find A Suitable Farmland:
The first step to starting a soya beans farming business is to pick the right location to plant your crops. Some great locations to get a farmland with rich soils are in the south-west, south-east, and some parts of Northern Nigeria.
It’s also important to note that Soya beans do not do well during the rainy season, and as such, rainy regions are not favourite locations. But they do particularly well in dry environments.
2). Choose The Right Seeds:
Your choice of Soya beans seed should be based on what grows best within a region, what sells most in your target market, and what you’re confident of managing best. When planting, the soya beans seeds should not go lower than 2 inches into the ground, and if it’s planted in the most favourable soil conditions, your crop could start sprouting in just 2 weeks or less.
3). Planting And Maintenance:
The space between your Soya beans plants should be between 4 to 7 inches, and you should strive to water the soya beans crop regularly until it starts to germinate. In planting your crop, you should also strive to plant the Soya beans as far away as possible from Onions, and also change the farmland you plant your soya beans crop on every 3 years for maximum yield.
4). Harvesting Your Soya Beans:
Soya beans can be harvested at the snap, shell, or dry phase. Meaning they could be harvested when the beans are still green or when they’re dry, or when the bean pods begin to open.
Depending on what stage the soya beans is harvested at, your profit margins could be high or low.
Challenges Of Soya Beans Farming
Some of the challenges of Soya Beans farming in Nigeria and many parts of Africa include:
- Lack of proper farming experience and training
- Low and unstable investment in agricultural research
- Financial Constraints
- Storage Constraints
- Farm Inputs Constraints
- Infrastructural Constraints
- Marketing Constraints
The soya beans farming business in Nigeria can be a Lucrative and profitable venture, due to its vast market demands and on your own ability to build a wide supply chain network. If you’re looking for a business to venture into, the soya beans farming business in Nigeria is another option to explore.
Source: Nigeria Finder