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Top agri-business ideas for 2021 

2021-01-05  Staff Reporter

Top agri-business ideas for 2021 

Do you know that Agricultural businesses are amongst the most lucrative businesses in the world? Apart from the low-cost of start-up and running the business, agricultural businesses turn out a huge profit of up to 100%. With the increase in unemployment, young people are now embracing agriculture which was erstwhile considered a dirty business reserved only for the poor. 

The trending challenge and impact of rural-urban migration have continued to generate great debates since the last three decades. Urban employment problems are a result of the phenomenal growth in urbanization and the inability of these urban centres to be able to utilize or absorb the urban labour that was created through the process of urbanization. 

Agricultural businesses can be started with little or no training. You do not need a special degree to start though you may need to spend some time learning about the intricacies of the business. So without wasting your time, this article will highlight in details, some lucrative business ideas and opportunities you can engage in towns or villages rather than remaining unemployed. 

Top 40+ low-cost agriculture business ideas for villages 
1. Urban agriculture or crop cultivation 
Urban agriculture is the practice of cultivating, processing and distributing food in, or around, a village, town or city. Urban agriculture, in addition, can also involve animal husbandry, aquaculture, agro-forestry and horticulture. Urban agriculture contributes to food security and food safety in two ways: 
First, it increases the amount of food available to people living in cities and secondly, it allows fresh vegetables and fruits and meat products to be made available to urban consumers. Urban and peri-urban agriculture are generally seen as sustainable agriculture. 
 2. Rabbit rearing 
 A backyard can serve as a good source of additional income, food and employment; thus, reducing poverty, hunger and idleness. 
Rabbits do not compete with humans for food, as kitchen leftovers, cut grasses and formulated or compounded feed can sustain them. 
Rabbit keeping does not require much capital for investment and maintenance. As little space is needed, most rabbits could be kept in the backyard or the abandoned sheds. 
 3. Fish farming 
Over the years, quite a few people have made fortunes from fish farming, as the population is swelling and protein needs are far outstripping the available supply. Food is always a winner in any country or environment if done well. Fish farming is a sure bet business if you put the right structures in place. More and more people are turning to fish for its low cholesterol protein. 
All you need to do is to get a space, buy or construct tanks, buy fingerlings and feed them for 4 to 6 months, then sell them off depending on weight and size. The breed of fish to train is your choice to make. You can choose to specialize in Catfish, Tilapia, Trout, Salmon, etc. 

4. Setup a small poultry farm 
Technology has enabled many to operate profitable poultry, yet make it free of odour that a neighbour next door will not know you operate a poultry farm. This is a business you can start from one room, car park or from that abandoned property near you with 50 to 500 birds. 
 5. Mushroom farming 
Mushrooms are a natural phenomenon that can give you much money. The untapped potential of these fungi is so much that if you invest in the venture, your room can no longer be your bank. Mushrooms are rich in vitamins, protein and minerals; they are favoured over meat or even fish by some people, considering the nutritional value and superior health implications. There are two main broad categories of mushrooms; the edible and the non-edible (which is poisonous). 

 The deliberate mushroom cultivation is therefore essential to eliminate the imminent threat of mistakenly gathering the dangerous type. The start-up requirements are mushroom shed or house, sawdust, Polythene bags, Spawns/mushrooms seeds, Urea/nitrogen fertiliser, lime, water, ceiling machine, weighing scale, extra hands, and refrigerator. 
Mushroom farming is similar to quail egg farming and not many people know that this business brings up to 500% profit. If you have a clean space in your home, you can start your own mushroom farming business today and start selling mushrooms to hotels, exporters and pharmaceutical companies in the next 21 days. 
6. Buy charcoal from rural areas and resell in the cities 
 Do you know that you can make 100% profit if you buy your charcoal from the farm or production site and sell to the retailers? 
All you need to do is to buy the charcoal from the farmers and bring it down to the major cities and resell to the retailers. But it is advisable to find out if they have an association in your vicinity, joining the association will allow you to operate with peace of mind. 

 7. Beekeeping and honey production 
Honey is manufactured in one of the world’s most efficient factories, the Beehive. Bees may travel as far as 55 000 miles and visit more than two million flowers to gather enough nectar to make just a pound of honey. A litre of pure honey now goes for between N1000 to N2000. 
 You can sell your Honey to high net-worth individuals, busy executives who prefer to take pure honey than sugar, I know some honey dealers who are ready to give out their honey at ridiculously low prices, all you need to do is to package it for the local or international market. 

2021-01-05  Staff Reporter

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