These are over 10 simple ways to make money from agriculture with little or less capital Most of the times many people fail in agribusiness or business in general because of poor planning and little knowledge we have prepared this article to guide you with simple agricultural ideas to enlighten you and make you find your suitable opportunity. It’s prudent that one takes due diligence to understand the project and opportunity they choose to do even before they think of starting. You can also do further and enough research online with resources such as websites and YouTube to learn from those who have started and from experts around the world.
1. GENERAL FARMING
This is the crop production or keeping of livestock, you don’t need a ton of money to start farming you can simply start small and grow big over time it’s almost impossible not to succeed if you don’t quit starting small can be further explained by growing vegetables from your backyard, keeping chicken on your small plot as you scale up to greater heights and achievements
2. FARM LABOUR
This is the simplest way of, making money from agriculture with no capital only some skill and physical effort you are good to go. Helping people clear their lands, planting seeds, weeding or harvesting one can make himself or herself a living.
3. LEASING/RENTING OUT FARMLAND
What happens when you have a huge chunk of land or a wasteland you don’t use often, you can simply rent out your land to interested farmers who can use the land to farm while they pay you for renting out your land. Someone can have your land to grow beans and within 4months he or she is done harvesting later you can be paid from a percentage of the produce or through cash.
4. HOARDING GRAINS.
This is one of the oldest agricultural trade that will never fade away the best way you can do this is by farming produce during harvests for example during maize harvesting, 90kgs of maize goes for 2200kshs while during the months of April to May 90kgs of maize shoots up to 3200kshs proving to be a very lucrative venture. This can also be done with beans, millet and other grains there are so many success stories of people who have made a fortune using this venture.
5. OPERATING FARM EQUIPMENTS
There are so many farm equipment’s for example tractors, chaff cutters and silo makers if you spend just some few months learning how to operate these machinery you will be in to make yourself a living from agriculture as there are many companies requiring your skills.
6. FOOD PROCESSING
We all know processed foods cost much than raw foods or raw products, a farmer selling tree tomatoes to a jam or juice factory will enable the factory owner make more profits from the farmers products. A milk processing plant buys a litre of milk processes the milk into packets and sells the milk in the packet at a very lucrative deal. So if you are interested in this with the right capital you are assured of making yourself a fortune. Remember even a small juice vendor in a street processes or blends fruits to juice to make him or herself great fortunes.
7. COMMODITY BROKER
In other terms a commodity broker is just a middleman between the farmer and the buyers. Now here a middleman makes even more money than the farmers themselves we have heard stories of how potato farmers from Kenya sells their 50kg potatoes to middlemen at only 500kshs these middle men covers the cost of loading and transport to the market where they distribute at 2000kshs per 50kg.
I had a classmate in College who used to collect traditional vegetables from the Moiben Uasin Gishu county area and transported them to the small Chepkoilel junction market where he would repackage the vegies bought on kgs to small chunks and sell them at100% profits. It gets better as you start you won’t regret this part.
8. BUILDING WAREHOUSES AND STORES
There is a high shortage of stores and warehouses you can venture into this and fill the gap. You can make money by storing farmers produce while you can also use your store for hoarding grains as you wait for the market to get better.
9. FARM MACHINERY FOR HIRE
There are so many machinery involved in agriculture ranging from pick-up trucks, tractors, planters, Harrows to small equipment’s such as Chaff cutters , jembes, hoes and others. All you need to do is have and maintain this equipment and you can even register a firm under these services. As the saying goes start small and grow big.
10. SELLING FARM INPUTS.
Find a gap and try to fill it by offering efficient access to fertilizers, pesticides, improved seeds and herbicides to local farmers
There is higher demand for farming knowledge in this era whether you have experience in certain field example poultry farming you can offer to teach others at a small fee.