Nigeria is blessed with a lot of cash crops that are either used as a means of foreign exchange (exported) or consumed locally,no doubt Nigeria is a blessed country, having up to hundreds of cash crops scattered across the various regions of the country making her rank 10th position in cash crop production in the world.
How to sell your cash crops to buyers online
Before starting up a cash crop farm several climatic factors which may affect the crops….
Factors to be considered starting a cash crop farm
Below Are The 10 Most Profitable Cash Crops In Nigeria.
Nigeria is the 4th largest producing country of cocoa product in Africa and it is the 3rd largest Africa exporter of the crop.The demand for cocoa in the world is increasing as it is used in production of high selling commodities such as coffee, chocolate and others,so it’s no surprise that Cocoa is ranked no.1 on the list.
Cocoa beans seed contains a lot of fats which are used to produce cocoa butter that are turned into chocolates that are converted through grounding to produce beverages.
How to start up your cocoa farm and make money
Coffee as a Cash crop has two widely grown species which are Arabica and Robusta. The coffee Arabica is a beverage crop that is originated from Africa.
and consumed worldwide.It is a very rich source of caffeine and it’s uses are expanding especially in the cosmetic industry as it can now be used to make hair treatment materials
3.Oil Palm Production:
Nigeria is one of the highest producing countries of the oil palm farm product. Oil palm grows in abundance in that tropical area but can also do well in a high climate condition that has abundance of rainfall as well.
Oil palm is one of the most profitable cash crop because all the parts has various areas of application (uses). Though patience is required to grow oil palm because it takes over 3 years for the crop to get to maturity and starts bringing fruits.It is of high demand in both the local and international market
Nigeria and West African has been know for the production of rubber. Rubber is harvested as a liquid called latex from the para rubber tree. The latex is gotten from the tree through an opening on the bark of the tree that is made by cutting of the tree.
The harvest is done mainly in the morning and in the evening. The collected latex are processed into dry forms so as to be able to market them. It has be proven that rubber tree can produce for over 3 years if it is well taken care of and handled.
Rubber farming has started gaining ground since products made from natural rubber are more easier to recycle,and thus more environmental friendly.
30 – 45 tons of rubber could fetch you 700 – 1.5 million naira, which is fair bargain considering the fact that no much work is needed to manage trees
The least on our list in this post is cashew.Cashew farming is very productive type of farming that produces two product at a time the Cashew Apple and the Cashew Nut. The crop is widely consumed and it is on increasing demand in both local and international market
The cashew nut are package and are exported to other countries,
while the cashew apple are used to make cashew juice or drinks.
Also herbal medicines are prepared with cashew product.
Cashew is a lifetime investment as a cashew orchard can last up to fifty years if well managed.
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