How can egg farmers best secure their investments for the long term?
By coming together in each state to set up a large offtaker for their produce.
What will be the job of an offtaker?
1. Invest in logistical capacity to collect eggs from several farms every week
By coming together in each state to set up a large offtaker for their produce.
What will be the job of an offtaker?
1. Invest in logistical capacity to collect eggs from several farms every week
2. Sort, clean, and supply eggs to retailers & consumers in the state and environs
3. Collate research about market indices
4. Standardize acceptable output, payment, dispute resolution, & other metrics in the industry
5. Look towards further processing of eggs to raise value
3. Collate research about market indices
4. Standardize acceptable output, payment, dispute resolution, & other metrics in the industry
5. Look towards further processing of eggs to raise value
How can such an offtaker be created?
1. 50 egg farmers with capacity of 500 crates per week & above, should contribute 50k each to raise N2.5m which they will use for the following:
a. Rent a warehouse to receive supplies
b. Register a commercial outfit
c. Hire a manager
1. 50 egg farmers with capacity of 500 crates per week & above, should contribute 50k each to raise N2.5m which they will use for the following:
a. Rent a warehouse to receive supplies
b. Register a commercial outfit
c. Hire a manager
d. Go around and conduct a market survey to collate weekly and monthly demand for eggs
e. Come up with a business plan to itemize required equipment and machinery which will be used to seek investment capital
2. Work to ensure the offtaker succeeds for their benefit and growth
e. Come up with a business plan to itemize required equipment and machinery which will be used to seek investment capital
2. Work to ensure the offtaker succeeds for their benefit and growth
