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Commodity Trading (Maize) - Jan 2020

₦ 25,000.00 / Unit

Available Units: 2698
Location: Kaduna, Nigeria
Farm Cycle: February 01, 2020 to August 01, 2020
Sponsorship Period:
January 8, 2020 - January 31, 2020
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Description

Introduction
Maize is one of the staples widely grown in Nigeria. However, its production is more in the Northern part of the country than in the South. Kaduna State is the number one producer of Maize in Nigeria.

Maize as a cereal crop is high yielding, easy to process and readily digested. It is a versatile crop that grows across a range of agroecological zones. That might explain why almost all farmers in Nigeria grow maize.
Maize is one of the most important cereals in the world. Maize has the highest world average yield per hectare among cereals followed by rice, wheat and millet.
Maize has its significance as a source of a large number of industrial products besides its uses as human food and animal feed. Over 50% of the population in the Sub-Saharan Africa has maize as a staple food. It is an important source of carbohydrate, protein, iron, vitamin B and minerals. Africans consume maize as a starchy base in a wide variety of porridges, pastes, grits and beer.

Variety
There are principally two types of maize that are produced in Nigeria: yellow and white maize. The two varieties of maize are grown in all the parts of the country in almost equal proportion.

Uses of Maize
- Maize is used as food in form of porridges of different types, boiled or roasted, corn flakes and popped grains.
- More than 60% of the Nigeria's production of maize is consumed by the industrial sector for production of flour, beer, malt drink, corn flakes, starch, syrup, dextrose and animal feeds.
-Maize plant can be used both as dry fodders and green fodders.
Source: NCX

INSURANCE Insured by Leadway Assurance
Logistics Get the finished produce to off-takers
Labour N/A
Farmland and Inputs N/A