Home Business & Economy Agric Economics Useful Tips For Investing In Vegetable Farming Business 

Useful Tips For Investing In Vegetable Farming Business 

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Useful Tips For Investing In Vegetable Farming Business 

Did you know that vegetables are healthy nutrition that everyone needs?

While vegetables give people nutrients, they also load people’s accounts with money, being that it is a very lucrative venture for a good businessman.

Producing vegetables such as tomatoes, ugu, watermelon, cu­cumber, pepper, okra, ewedu, can guarantee you a bumper harvest.

And you can reap an amaz­ing return on investment ev­ery 60 – 80 days.

Vegetables are a very import­ant source of vitamins and minerals that form an essen­tial source of the human diet.

There is not much difference between vegetable farming and other types of farming.

The only little difference is the duration of cultivation and maturity.

Depending on the vari­ety planted, vegetables take very short time to mature, compared to other crops.

For instance, Spinach takes less than 70 days to mature.

Others like cucumber, pepper among others, may take up to 90 days to mature.

How Lucrative Is Vegetable Farming?

Vegetable farming is a lucrative business in the sense that it takes a short­er period to mature and the demand for vegetables in the market is high.

Cucumber is high in demand because of its rich nutrients. Whatever amount you invest in cucum­ber, it can be turned around in 90 days with 100% profit.

You can make over 100% turnovers on invest­ment in watermelon alone ev­ery three months.

As you may know, Pepper is planted and har­vested within three months, attracting considerable prof­it in the market.

Pepper is always selling in the market – because almost everybody eats pepper.

Another one is Okra. It sells fast and there are two times for planting it – March and September. It runs through three months for rain fed farming.

The September period, which is the late season, is the best planting season, as it can raise farmers up, if done in a very large space.

Ugu is another fast-selling vegetable and I think this is because it is used by all the tribes in Nigeria compared to other kinds of vegetables.

Irrigation is the way out for vegetable farmers during the dry season.

It is actually in the dry sea­son that you sell more. In the dry season, a bed of vegetables costs double of what it will cost in the rainy season.

This implies that vegeta­bles are scarce in the dry sea­son.

With the Home universal gardening solution concept, you can farm all year round without irrigation.

This is farming done with a sack.

Minimum Start-Up Cap­ital

To grow vegetables at home you can start by using sacks. For such farming, you will be needing be­tween ₦70,000 to ₦90,000.

This amount is due to the cost of sack, dark loamy soil, organic liquid fertiliser with insecticides.

Appropriate Farming Conditions:

Vegetables can be grown any­where: it is the system that is used that would be different.

A normal land that is not swampy; that you can grow vegetables on during the dry season. You make use of sandy-loamy soil. Sandy loamy soil is dark in colour and absolutely suitable for farming.

Basically, this type of land requires less fertiliser because they are rich in or­ganic matter.

Also, you can grow vegetables on sandy soil.

Most sandy soil is best used for vegetables during the rainy season because it doesn’t hold water. It drains water easily.

You can’t use it during the dry season because you would need to apply water every day because of the fact that it drains water easily.

Another soil is the clay soil. You can’t farm on a clay soil during the dry season because you would have to need a lot of water.

Hence, it is recommended that if you are using these soils, understand how they deal with water.

Ensure that you have a plan of how to get water to the plants daily.

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