How To Start Rice Farming Business In Ghana – Complete Guide In 2022

By | May 18, 2022
How To Start Rice Farming Business In Ghana

There are numerous farming businesses you can do in Ghana, as well as West Africa — and Rice farming is one of the fastest farming business you could do without having to learn much about farming before.

Agriculture is the backbone of the Ghanaian economy. The agricultural sector contributes about 40% to the gross domestic product (GDP) and employs more than 60% of the labour force, mostly women (World Bank, 2002). The major staple crops produced in Ghana include cereals (mainly rice and maize) and starchy staples such as yams, cassava and plantain. Crop production in Ghana is for three main reasons: food production for consumption, raw materials for industry and production for export. Thus, among the various economic sectors of the Ghanaian economy agriculture is expected to lead economic growth in much of the country and especially in the northern regions. The agricultural sector is targeted to grow at an annual rate of 5–6% in order to ensure food security and adequate nutrition for the people of the country, to supply raw materials to other sectors, and to provide producers with increasing incomes.

Yet there has not been a study to estimate technical efficiency across different rice farming systems in Northern Ghana.

Taking a look at how many people started other farming businesses in Ghana such as Cucumber farming, Mushroom farming business, poultry farming business in Ghana — can tell you farming in Ghana does not require much, but you only need a little knowledge and small capital for starting.

This article shall serve as the complete guide on How To Start Rice Farming Business In Ghana 2022.

General Requirements And Cost Of Starting A Rice Farm In Ghana

Consider starting a rice farm in Ghana if you’re looking for a lucrative agribusiness opportunity. With the aid of our post, you can learn how to start rice farming in Ghana. You’ll learn about the criteria for rice farming in Ghana, as well as the costs involved.

It is no secret that rice farming is one of the most profitable agricultural businesses anyone can start in Ghana. However, many people underestimate rice farming for a variety of reasons. Some neglect it and dismiss it as a regular business that can’t make a lot of money, and some even dismiss it as a poor man’s business. However, rice farming can be very profitable if you have the necessary experience, expertise, and resources to get started.

Starting a rice farm isn’t easy; there are numerous procedures to follow. There are numerous factors to consider, including location, the design of your rice farm, and the size of the farm.

Rice comes in a variety of textures, including long-grain, medium-grain, and short-grain. And the most important thing is to choose the right variety. After planting, rice farming takes around 3, 4 or even 5 months to mature. Before starting a rice farm in Ghana, you’ll need a lot of money for property, equipment, and other necessities, all of which you’ll learn about in this post.

How To Start Rice Farming In Ghana 2022

In Ghana, you can start a rice farm. To start a rice farm business, you can follow the given steps below:

Create a Business Plan:

Before you start a rice farm, make sure you have a solid business plan, strategic plans, and marketing channels in place. Rice farming necessitates meticulous planning and thorough market research. You’ll need to study the market, the competition, and come up with a solid marketing strategy. When preparing a rice farming business plan, consider the financial aspects such as machinery, the cost of purchasing or renting land, and the necessary funds to maintain and support your farm.

Getting a business plan is not an easy task, so you could possibly hire an expert to draft your professional business plan — that will guide you through your journey of starting a rice farm in Ghana easily.

There is a comprehensive business plan about how to start rice farming business and this costs GHS 300. This business plan contains every necessary information you need to know about establishing a strong rice farm in Ghana and you can contact:

Choose an Appropriate Location:

When deciding where to plant your rice, there are a few things to keep in mind. Clay that is slightly acidic is the perfect soil for planting. If you intend to grow rice in any way, make sure there is a constant supply of water and that the planting area receives maximum sunlight.

Get Your Rice Seeds:

Purchase a good rice seed from a reputable source or a successful rice farmer. Make sure they’re disease-free. Also, since rice comes in so many varieties, picking the right one is another key to a good harvest.

Now that you’ve found the right seed, you’ll need to soak it in order to get it ready to plant. The maximum time should be between 10 and 20 hours, and the seed should be removed once it has reached that time. Make arrangements for how you’ll plant your rice (method), making sure the areas aren’t over-flooded but still moist.

Seedling Planting and Cairing:

Rice seeds should be planted in the prepared soil in the spring or fall seasons. Make sure weeds are removed, the beds are tilled, and the soil is leveled. Rice seeds need all of the nutrients and space to thrive. Always keep in mind that the soil should be damp. The soil is critical to the successful growth of your rice. As a rice farmer, you should be better prepared to take your responsibilities seriously.

For the best results, thin/space out the seedlings when planting; some can choose to start with a nursery bed to allow for easy movement, which is known as transplating. Be sure to provide your seedlings with the best possible treatment.

Getting the Most Out of Your Money:

Rice grains mature in around three, four, or even five months. They’ll be up to 17 inches tall at this stage. Allow the water to evaporate or drain the water before harvesting the rice. In one or two weeks, it should change color from green to gold. That’s when you’ll know they’re completely set.

You should cut the stalks and let them dry for 2 to 3 weeks once the rice has turned a gold color. You can wrap them in plastic and store them in a dry place for 2 to 3 weeks. When the moisture has fully dried out, you will be able to see the grams clearly.

Preheat the oven to 80 degrees Fahrenheit and bake the rice for an hour in the fan oven. Then take out the rice stacks and reheat it. The rice should not be overcooked. Also, the expected color is a golden brown. Allow them to cool after completing this procedure. Separating the karmls from the hills is the next choice. Cutting, stacking, handling, threshing, clearing, and lanling are some of the processes involved in harvesting rice. It’s also worth noting that harvesting can be performed manually or mechanically.

You must now determine how to market your rice and put your marketing plans into action in order to achieve the desired level of growth for your rice farm.

How Much Does It Cost To Start Rice Farm In Ghana?

In Ghana, how much does it cost to start a rice farm?

Starting a rice farm in Ghana necessitates meticulous preparation as well as an effective marketing and business strategy. Starting a rice farm is a difficult job due to the various processes involved. However, when determining the amount of capital required to start this company, the most important factors to consider are your position, the size of the farm, and the materials and equipment required. In reality, you’ll need a lot of money to get started on a project like this. To successfully start a rice farm on a medium scale in Ghana, you’ll need about $150,000.

Registering Your Rice Farming Business

After coming up with a nicer name and finally setting up your rice farm business, you will have to register at the Registrar General Department. What this does is that, you register your rice farm business to pay taxes to do away with any problem in the future. You can also read more about how to register a business in Ghana.

List Of Top Rice Farmers In Ghana

The local rice is said to bring to your table the best organic rice from Ghanaian farmers. Though there are many crops you could start their farming business in Ghana, the rice farming too has many individuals venturing into — and these are the list of these personalities who has well educated in the rice farming business.

  • Green Gold Farms
  • Agro Kings Limited
  • Grow For Me

Video Of Rice Farming In Volta Region Of Ghana

Despite Rice Farming Business In Ghana, Poultry Farming is one of the lucrative businesses you can start in the agribusiness world. To start Poultry farming, kindly check our complete guide on How To Start Poultry Farming Business In Ghana.

If you are looking for the The Ultimate Guide To Rice Production In Ghana, this article here can be of help to you.

Thank You for reading this post from Latest Ghana as online entertainment and news portal from Ghana. Don’t forget to recommend our site, Latest Ghana to your friends and family who might also profit from the information on our website and check out our other articles because we have more information to bring to you via your devices.

I believe you have any comments or suggestions to drop about this article, kindly make use of the comment box below and reach us for more discussion.

Latest Ghana is on the mission to promote anything latest from Ghana; Latest Entertainment News, General News, Sports, Insurance, Banks, Mortgage, Farming, Scholarship, Education and Schools Admission, Product pricing, Food, Fashion, Health, Business and more.

Category: Guides Tags:

About Latest Ghana

Welcome to Latest Ghana website serving as an entertainment and news portal in the nation Ghana. At here, we try to discover anything entirely Ghana and give you all the guides and steps. We are hoping to become a bigger news provide online in Ghana. We serve you in some field such as business, gossip, insurance, banks, Telecoms, Opinions, Fashion, Farming, Mobile Money services, beauty, Loans, education, scholarship, hospitality, career guide, jobs and much more. We seek to become a trusted online brand in Ghana for anything you may need to know about Ghana entirely. Latest Ghana is an online magazine portal in Ghana you can check out for your everyday entertainment news.

Leave a Reply