N9 Million from 2 Plots of Ginger Farm

[Henlus]

I did some data draft while we were harvesting our ginger from the farm and I'm going to share it with you here to further prove to you that the money we make from ginger no yahoo guy can make it.

Last year, we cultivated ginger in the 2hectares of farmland and we have been harvesting since November till this moment.
   

Here is what you need to know and how lucrative the ginger is right now.

This particular space covers just two plots of land where we had some huge harvests.

Two plots gave us more than 45 bags of freshly harvested ginger.

Here is our expenditure: manpower for these 2 plots is just 200k, chemical we bought to cover the two plots should be about 100k, seedlings three to six  bags which amount to 600k, finally let's put general maintenance at 300k

We have a total of N2,000,000 capital expenditure.

In less than 8 months our ginger is ready for harvest and currently selling at 340k per bag.

Currently, we have harvested more than 40 bags from that space and still have some little space to give us 5 to 10 bags.

Let's even assume you harvested 40 bags from 2 plots and are selling at roughly 280k to competing  the market.

You will be having total sales at ; 11,200,000 minus your capital = 9,200,000 profit from investment of 7 months with a capital of 2m.

This is just 2 plots of land let alone people that farm in hectares, they're making hell of unimaginable profit.

Lastly, if you decide to add value to it, you will eventually make more profit and yes no yahoo boy can see the type of money in these crops.

I'm working on a 20 foot container of ginger and targeting my profit to be $50,000 when the container arrives. 40 foot can gives you $100,000 plus comfortably

NB; you must select the best seeds and best soil that befit this else you are born to fail and cry. Plus learn with enough practical experience ✍️✍️

☆Jeffy Farms, Facebook.com .

[FarmKing]

Thanks for breaking down the costs. So profitable.

[Kryon]

Wishing him more successful harvests in the coming seasons. Small but mighty business. You can't compare this with hectares of maize.

[CassavaBoss]

Did you apply poultry manure, cow dung, or chemical fertilizer?

[EcoFarm]

What spacing did you use when planting the ginger?

[Henlus]

@Cassavaboss Both manure and npk are needed for best result. I'm not the one oo

[Henlus]

@Ecofarm For ginger, 30 x 30cm is good

[Locus]

This is a good example of why many people are going into ginger farming.
Thanks for sharing the numbers. It gives people a better idea of the business.

[Danny]

More people need to see practical farming examples like this.
Success stories like this motivate young people to consider agriculture

[Henlus]

@Danny, it really inspired me. Rather than spend your live managing low value crops like cassava or maize, with less effort you can make millions with high value crops like ginger.

[Danny]

You're so right Henlus. But because of cost of ginger, One can start small and replant until he cover enough land.

[Henlus]

@Danny, yes. As small as 1 penta. That's what I started with this year. I just have to guide against thieves.

[Danny]

@Henlus pls do. Very important