Agriculture has long been recognized as a major source of wealth, jobs, and economic growth for any nation, and Nigeria is no exception. Agriculture can be a very profitable business for both farmers and investors because the cash crops, food, and fruits are grown, as well as fish and snail farming and poultry farming will always generate a good profit because food is a vital commodity that people will never tire of.
You may, however, invest in the agricultural process and goods to make money without owning or visiting a farm. There are several reasons to invest in agriculture, one of which is the increased value of the sector and the fact that it is a low-risk venture with high income and flexible work hours.
Invest in a Farm
This is considered the most popular way to make money without buying a farm. You can invest in someone’s farm by providing the necessary capital and then profiting from it. Many online farms allow you to invest in a farm without being physically present. You may also invest in a farm by transferring a spare piece of land to someone with the time to help manage it for profit.
Exportation of Farm Produce
You can also make money on a farm by partnering with farmers to sell their products to other states and countries in need. Cocoa, Cotton, millet, maize, cowpea, and other farm products can be challenging to export but very profitable.
Selling of Farm Produce
Another way to make money from agriculture is to buy and distribute agricultural products in the majority to consumers. These products can be purchased directly at a lower price from the farm and marketed to retailers and clients at whatever price you want. You may function as a distributor or as a distributor of a company. In any case, you make sufficient money from the business.
Farmland Yield
Farmland investors profit from agriculture by harvesting crops and fruits. These crops are harvested either monthly or annually on farms. Farmers and investors benefit from this farmland yield because even if the farmer loses money, they can start again.
Packing and Storing of Farm Produce
If you know how to package food in a way that appeals to customers, this is another good way to earn money without owning a farm. A well-designed and packaged product is more appealing to the eye. Packaging and storing farm produce is a perfect way to make money from agriculture.
Farm Transportation
Transportation is a major issue for farmers, especially those who operate on a small scale. A lack of transportation may hamper a farmer’s ability to bring farm products into the market. Farm transportation is needed to alleviate this burden because it facilitates the movement of goods. Purchasing a fleet of trucks and collaborating with farmers will increase transportation. Farmers will make money if they have access to transportation.
Teaching Farming Classes
If you are a farmer with confidence in your abilities, you can share your experience with young farmers willing to pay for your lessons. You might want to start an immersive online farming class. This is a fantastic choice for older, seasoned farmers searching for a way to retire. You can also launch your online tutorial about farming as a young farmer if you are experienced and can impart information. On the other hand, this can be very lucrative for farmers who want to do more than work in the field and pass on their experience to the next generation of farmers.
Agronomy Consultancy
Agronomy provides farmers with study context information. They aid in supplementing conventional farming expertise with modern technology and tools to increase yields and deliver tastier and healthier farm produce. You can make money in agriculture by providing crop and investment advice to farmers. Consultants in agronomy are still in high demand.
Bottom Line
As the world keeps changing, you can make money from agriculture without buying a farm or even being present physically on the farm. Online agriculture is also possible from the comfort of your home, and all you need to do is spend your money on farmers who can do their job and make a profit at the end of the agricultural season. Farming can never be out of season, in reality.