SOYBEAN FARMING FEASIBILITY STUDY

by Demi
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Looking for a Soybean farming Feasibility study in Nigeria for your new or existing enterprise?

Download this soybean cultivation feasibility analysis sample, which you can download to present to NIRSAL, BOI, BOA, and other investors.

soybean feasibility

SAMPLE SOYBEAN FEASIBILITY PLAN

1.0. Executive Summary

Tom Soybean Farms is a commercial farm situated in Ilorin, Kwara State, that would engage in commercial soybean farming as well as soybean processing and packing. We were able to obtain adequate property for the establishment of our commercial soybean farm, and we conducted extensive market research and feasibility studies.

We have preparations in place that will allow us to open a typical soybean processing plant during the first five years of Tom Soybean Farms’ formal operation. We will process and package soybean meal, oil, and hull, among other things, and ensure that they flood the market.

We have implemented methods and strategies to implement best practices in soybean farming, soybean meal, soybean oil, and soybean husk processing and packaging.

Mr Tomiwa Olatunji and his immediate family members own and fund Tom Soybean Farms. Before establishing Tom Soybean Farms, Tomiwa Olatunji worked for some of Nigeria’s biggest commercial farms and food processing factories; he holds a Bachelor of Science (B.Sc.) in Agriculture Science from the University of Ilorin.

2.0. Our Products and Services

Tom Soybean Farms is a world-class commercial farm dedicated to growing both organic and non-organic soybean for the Nigerian, African, and global markets. We are in the business of providing commercial amounts of food and raw materials to customers and industries.

These are the regions where we will concentrate our efforts on our farms. We will cultivate allied crops as necessary.

Soybean cultivation
Standard soybean processing facility in operation

3.0. Our Mission and Vision Statement

Our goal is to become one of Nigeria’s and the world’s leading commercial soybean farms and soybean processing brands.
Tom Soybean Farms is a world-class soybean farm that produces large amounts of soybean for both the Nigerian and worldwide markets.
We aim to flood Nigeria and other nations with our well-packaged soybean meal, soybean oil, soybean husk, and biofuel, among other things.

4.0. Our Organizational Structure

Tom Soybean Farms plans to start modest in Ilorin but expects to develop large enough to compete well with Nigeria’s major commercial soybean farms. We understand the need of establishing a sound company structure capable of supporting the type of world-class enterprise we aspire to own.

We will recruit people that are knowledgeable, competent, industrious, devoted, customer-centric, and eager to help us establish a thriving business that will benefit all stakeholders.

Given the foregoing, we have chosen to hire skilled and capable individuals to fill the following positions:

  • Chief Executive Officer
  • Administrator/Accountant General Farm Manager
  • Manager/Supervisor of Soybean Cultivation
  • Sales and Marketing Executive Field Employees Soybean Processing and Packaging Plant Manager

5.0. SWOT ANALYSIS

Strength

Our strength is that we have some of the most recent commercial farming machines, tools, and soybean processing equipment, which will allow us to cultivate soybean in commercial quantities with less stress, as well as a strong network with a number of major players in the commercial farming industry.

Aside from our relationship (network) and equipment, our personnel includes some of the most experienced hands in Ilorin.

Weakness

Our drawback may be that we are a new soybean farm in Nigeria, and the fact that we have opted to broaden our farming activities may work against us at first. With our forecast, we will overcome this deficit over time and transform it into a business advantage.

Opportunities

Biodiesel is made by organic chemical producers from soybean oil and other vegetable oils. Increased demand for soybean oil leads to increased supply and demand from oilseed processors, resulting in higher pricing. The need for organic chemical manufacture is expected to rise in the following year, creating a significant opportunity for the sector.

Threat

Government policy, like any other enterprise, poses a challenge to soybean producers. Soybean agricultural subsidies are likely to diminish in the following year, creating a significant danger to the sector.

Our Target Audience

Our target market consists of soybean consumers and manufacturing enterprises that use both soybean food and raw materials in commercial amounts.

We will export some of our soybeans, soybean seeds and meal, soybean oil, soybean husk and biofuel, and other products in order to position our company to attract customers from Nigeria and other areas of the world.

Do you want the entire soybean farming feasibility study?

How To Download Soybean Farming Feasibility Analysis PDF and Doc (With financial analysis)

Pay the sum of N5000 (Five thousand naira only) to the account detail below to get the soybean farming feasibility study:
Bank: GTBank
Name: Oyewole Abidemi (I am putting my name and not our company account so you know I am real and you can trust me, and trace me)
Ac/No: 0238933625
Type: Saving

P.S: We can also tailor the soybean farming feasibility analysis to your name, business size, capital requirements, and more to fit your direct needs. Call or message +234 701 754 2853 for inquiries.

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