EARN MONEY WITH RAW CASHEW NUTS BUSINESS

October 28, 2016 at 3:17 pm,

How To Make Money Buying And Selling Of raw Cashew Nut.

Before you continue: Read investment Opportunity In cashew Nut

Raw cashew nut trading or buying and selling is a very profitabe business that i call on you reading this article to make a decision and get started immediately after reading this post.

This Short article is for those who have interest in agribusiness and also looking for means to invest in agro commodities, buying and selling of raw cashew nut is the best investment one need to involve with.

The bigger Dreams is becoming more instantaneously and about to convert into wealthy, in the presence of few Nigerians that dream may be realisable. In the sense that Nigerian Raw Cashew Nut season is about to get started in February .

Oh Yes, raw cashew nuts from Nigeria are in highly demand specially from Asia countries and most raw cashew nut traders will start to seal contracts with their foreigner buyers off-takers as farm gate prices become more appreciated.( you buy at #55,000 or #60,000 and resell at #75,000-#95,000)

The Season of raw cashew nut which typically will lasts from february till June, is really rewarding in the first 3 months of the season started and when the kernel out-turn ratio (KOR) is in the highest stage. Kernel Out –turn ratio which simply implies the percentage of the good cashew kernels recoverable from a lot of raw cashew nuts is higher in the months before the rains come. So what this implies, a better KOR means better money.

Typical when the cashew nut season start, KOR at the begining of the season is 51-53 percent but this go low as 43 down to 42 percent by June.

Last year, the cashew nut season start off prices start at about N55,000.00 per MT (metric tonnes) and sell between #75,000-#95,000 on cash and carry contract and this price depend on how grade is the cashew nut.

WHO ARE THE BUYERS OF NIGERIA RAW CASHEW NUT..

Nigeria raw cashew nut buyers are Indians, Vietnamese and Chinese. Moreover,, This buyers presently started making deals with Nigeria raw cashew nut traders and farmers. Though the season is not yet start but the buyers are busy sealing deals for supply of raw cashew nut.

Why You Need To Start raw Cashew Nut Trading..

(1). Profit is 15%-40%

(2). You don’t Need to look for buyers but buyers look for you.

(3). Ready to buy buyers in large quantity

(4). You get upfront payment to supply more (only when you have the demanded specification)

(5). Multiple profit at once.

(6). Large quantity demanding( last year we are not able to supply the demanded quantity , as we have 3000 tonnes to supply but only able to supply 1800 tonnes…pleas calculate #25,000 profit by 1800 tonnes we supply and see exacly how much profit we gain during the trading..#45,000,000 ) why we are unable to supply this quantity is because the order came late with a specification …though this deal is sealed and work together with different cashew nut traders not just one trader.

How Profitable is Buying And selling Of Raw Cashew Nut..

The best is to start with the season started immediately, and the best is to buy directly from the farmers.

Last year we started the season with price at #55,000 as farmgate price and resell at #75,000- #100,000 ON CASH AND CARRY DEAL.The reselling price is not fix because it depend on the grade of the raw cashew nut, the higher the grade the higher the profit. Example : the ones resell at #75,000 are the ones that have a lower grade but the ones selling at #90,000 and above are the ones that are been added value and become higher grade.

Let make some little calculation base on last year deal, on a base of CASH AND CARRY(meaning no transportation, buyers come to you, they check and see, they pay you and they carry)

You buy directly from farmers at #55,000 and resell it at #70,000 . You gain #15,000 as profit per tonne.

Let say you buyers decide to buy 30 tonnes, here will calculate #15,000*30=#450,000 as profit.

NOTE: the #15,000 profit is based on You never added Value to the cashew nut, you buy from farmers and decided to resell it without adding value.

NOW ADDED VALUE TO THE CASHEW NUT AND RESELL AT #85,000

Now Let add value to to cashew nut, example..you buy directly from farmers at #55,000

Note: when you added value to your cahsew nut, the quantity will reduced but your reselling price will increase. added value is to make the cashew nut international stander. HOW DO YOU ADDED THE VALUE??? THAT IS WHERE YOU NEED MY SERVICE. send me mail at admin@davidprof.com

example1. Let say you buy 30 tonnes of raw cashew nut at #55,000 per tonnes in total of #1,650,000.

You now added value to the raw cashew nut and the quantity dropped to 27 tonnes.

You then resell it at #85,000 . Now let calculate #85,000*27 tonnes= #2,295,000

Our profit is #85,000-#55,000=#30,000 profit per tonne.ok. Now #30,000*27=#810,000 profit.

HIGHER THE VALUE YOU ADDED , THE HIGHER THE DEMAND, THE HIGHER THE RESELLING PRICE/PROFIT YOU GAIN.

Nasarawa state has the lower price of cashew nut, example last year. Cashew nut sold at ogbomosho at the price of #100,000 per tonnes HIGHER GRADE but in nasarawa state we sold at #85,000 per tonnes HIGHERE GRADE. So what will be the couse of this you may ask?

Well, ogbomosho already makes names across global and many international buyers rush to that region for their cashew deal. That continue untill they start getting short of supply before they now look for alternative source and that will be visiting Nasarawa state or kogi state for their purchase.

For you to make more money buying and selling of cashew nut, you need to add more value to your cashew nut.Adding more value to your raw cashew nut make you higher profit and also hold down your buyers for more deals.

Now, when i said adding more value to your raw cashew nut, i meant make it to be export/international stander. When you buy your Raw cashew nut directly from farmer, it will be in a general stander in the sense that, those farmers plug any kind of cashew nut, mixed them together and then sold to you. For you to make a killing profit , you have to add value to the cashew nut and make it international/export stander.

EARN MONEY WITH RAW CASHEW NUTS BUSINESS

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