How To Make Millions From Soybeans Farming In Nigeria: See Guidelines

How To Make Millions From Soybeans Farming In Nigeria: See Guidelines Here

Soybeans farming

Soybeans farming in Nigeria are among the many agribusinesses in Nigeria that you can venture into and make your money. The farming process involved in soybeans cultivation is relatively easy and simple compared to other agribusinesses. Nigerian soil is generally good for soybeans farming. The history of soybean in Nigeria may be categorically stated but soybean farming has been going on in the world for many centuries now.

Currently, Nigeria is the number one in terms of the production of soybeans in Africa. Even at that, soybeans production in Nigeria has not been at its full capacity. This is caused by the fact that it is mainly small-scale farmers that venture into soybeans farming in Nigeria. These small-scale soybeans farmers grow it as a minor crop on the same piece of land with major crops like cassava, beans, maize, and so on.

Read: How to start beans farming in Nigeria

It will interest you to know that the global annual demand for soybeans is very close to about 11 million tonnes. The main purpose of this article is to guide you as a beginner in soybeans farming in Nigeria. All the necessary information about soybeans farming in Nigeria will be made available for you.

Soybeans are a leguminous crop that is very nutritious. They have high contents of protein, calcium, magnesium, iron, and fibre. Soybeans are also among the versatile staple foods in Nigeria. You can turn soybeans into tofu, ferment it, cook it for food, convert it to soybeans flour and milk as well.

This article on soybeans farming will provide you answers to the questions which include:

  • What type of soil do soybeans grow in?
  • When should you plant soybeans?
  • Can soybeans grow in Nigeria?
  • What is the average yield per acre for soybeans?
  • What is soybeans price in Nigeria?
  • How best can you carry out soybeans cultivation in Nigeria? Etc

Soybeans are a pod-bearing crop that is cultivated for their edible bean. Reports have should that soybeans farming is very profitable. Aside from soybean profitability, soybeans farming can generate create job opportunities for millions of Nigerians.

Soybeans farming in Nigeria

When it comes to cultivating soybeans in Nigeria, the planting time is always around the month of May or June. On average, you can carry out your soybeans farming business on virtually all kinds of soils except poor water retention soils. It is recommended that you carry out your soybeans farming on soils that have pH of 6.5.

Another favorable factor that makes soybeans farming in Nigeria so productive is the annual distribution of rainfall in the country. In Nigeria, most areas record about 700mm of rainfall annually, which is very ideal for soybeans farming in Nigeria. Without a proper irrigation system in place for your soybeans farming business in Nigeria, be rest assured you will not have a bountiful harvest.

The step-by-step guide to starting your soybeans farming business in Nigeria

Below are very important steps that you must take in order to be successful in your soybeans farming business:

  1. Soybeans farming business plan

Any business you venture into without a well-detailed business plan will definitely fail; it will only be a matter of time. The importance of having a soybeans farming business plan cannot be overemphasized. It is in the business plan that you carry out soybeans market analysis to know soybeans price in Nigeria. The soybeans farming business plan will also contain the profitability of soya beans farming in Nigeria, soybeans cultivation, the history of soybean in Nigeria, soybeans farming profitability, etc.

Once you have identified the answer to the above questions, you will be properly guided on how to carry out your soybeans farming business with ease and make profits in the process.

  1. Select suitable farmland with the right soil for soybeans farming

After you have concluded the writing of your soybeans farming business plan, the next step is to look for farmland that is suited for soybeans cultivation in Nigeria. The lands in South-Western and South-Eastern regions of Nigeria have been reported to be well suited for soybeans farming. Soybeans seeds don’t do very well in the rainy season as the wet soils can cause the rot of the soybean crop.

See: How to start cashew nut farming in Nigeria

When it comes to soybeans farming in Nigeria, relatively dry grounds are preferable for soybeans cultivation. The benefits of choosing the best soil for your soybeans farming include; higher soybean yield, reduction of erosion, weed inhibition, availability of soil nutrients.

  1. Select the right soybeans variety to cultivate

Currently, there are uncountable varieties of soybeans seed variety. For beginners in soybeans farming business in Nigeria, it is always challenging to select the best seed variety. The variety of soybeans that you should cultivate in your farm is dependent on the purpose of starting your soybean business in Nigeria.

If you are into soybeans farming just for consumption, it is recommended that you go for the edible green variety. On the contrary, should be in soybeans farming business for commercial purposes; you should go for the yellow soybean variety.  You can contact the ministry of agriculture in Nigeria with more information on the aforementioned soybeans varieties.

  1. Seed rate per hectare

For your soybeans cultivation, the seed requirement per hectare of land is about 50-60kg.

  1. Soybeans planting time in Nigeria

In order to have a bountiful soybeans harvest, you should carry out your soybeans cultivation activities during the month of May. You must consider the soil temperature before planting your soybeans. The ideal soil temperature should be 15.5 C/60 F. you should not cultivate soybeans and onions on the same piece of land at the same time.

  1. Prepare the seed beds and plant your soybeans seeds

For the farmland preparation for planting your soybeans, you will first have to clear the bushes in the farm and burn them. After that, you now start the tilling of the ground to plant your beans. It is recommended that you make use of ridges instead of mounds. During the process of plowing the ground, you can add compost manure to improve the fertility of the soil.

Also Related: How to start sweet potato farming in Nigeria

Soybeans cultivation in Nigeria takes place between the months of May and June, while the harvest is carried out by October or November depending on the month of planting. When planting the seeds, you should make a hole (4cm) in depth on the already prepared ridge or mound. The spacing should be about 8cm.

  1. How to care for the soybean germinating seeds

After planting and once the soybean seeds have started to sprout, it is very important that you keep away rodents and birds from your soybean farm. You can make use of scarecrows to keep off the birds and rodents as well. Make sure that you irrigate the soybeans before they sprout from the soil and when they are developing pods too. Also, water them during the flowering stage.

Watering of the soybeans crop will help keep the soil mildly moist to allow the penetration of their roots.

  1. Harvesting your soybeans

Soybeans farming

At this stage, you already know that your soybeans business is getting to the point that you will have the returns on your investment. Once it is the time for harvest (3-5 months from the date of planting), you should be very careful. You know that your soybeans are due for harvest once start to turn brown.

Note that dry weather is essential for soybeans to harvest as too much water can do a lot of damage. The pods that are ready for harvest will be between 5-8cm in length. The harvesting of soybeans is done manually by using cutlass or sickle to cut the matured crop at the base, leaving only the root in the ground.

You should dry the harvested soybeans under direct heat of the sun before threshing them.

ATTENTION…

You already understood that having a business plan is very essential to succeed in your business venture. Therefore, for your well-detailed soybeans farming business plan or a business plan on any other business niche of your choice, contact us at Entrepreneur Nigeria on the number +2347037281050.

For your contributions and questions, make use of the comment box provided below. Thanks for reading; I believe you have been empowered with quality information regarding soybeans farming in Nigeria.

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