Key Guide on Irish Potato Farming / Business plans and Feasibility Study

Key Guide on Irish Potato Farming / Business plans and Feasibility Study
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Key Guide on Irish Potato Farming / Business plans and Feasibility Study 


Key Guide on Potato Farming / Business plans and Feasibility Study is all you need to get started. However, Irish potato is a temperate crop that grows better on low temperature  range from 15-20C. As a matter of facts, it requires high altitude. This is why South Africa grows more on large commercial basis. Furthermore in Nigeria, Plateau State are the major producers of irish potato. Likewise, other places with high altitudes are; Mambilla Plateau, Taraba State, Obudu, and Cross River State. Irish potato farming can grow well during harmattan. Especially, when the North is generating cold. Places like; Zaria, Kaduna State, Borno and some part of Nsukka in Enugu State. Irish is a staple food classified under vegetable. And it’s highly demanded all over the globe, Nigeria not exceptional.

Guide on Potato Farming / Business plans and Feasibility Study


Irish Potato In Africa

As a matter of facts, Nigeria is the 8th producers of Irish potato in Africa. Nigeria produces about 843,000 tonnes; yet consumes more than 1 million tonnes yearly. Furthermore, Most irish potato used in most fast food joints such as Mr. Biggs and others are imported from South Africa in frozen form. It is peeled, sliced and frozen. That is why we are encouraging more entrepreneurs to invest in large-scale commercial Irish potato farming. This is to meet up with local demand and for export.

More on Irish Potato

Irish Potato are underground stem known as tuber crop and not a root. Likewise, Irish potato contains 2% protein and 18% starch. Grows well when the days are warm alongside night cold. In like manner, Irish potato can be planted in sacks and containers especially for those who are in Urban areas. This is because they can maximize little space for great results. Sack bag irish potato farming started in Israel a long time ago. it can yield 3 times more than the traditional method.


Starting Irish Potato Farming

However, Starting irish potato farming, You have to buy quality seed from a recognized seed company. There are two new potato seed processing companies around Plateau one of them is Vicam Pro. Plant seed potato in an open environment to gain access to enough sunlight. It can grow up to 1.2m high.

Land Preparation for Irish Potato Farming

Ploughing the land very well is a good start to loosen the soil for Irish potato farming. Heavy soil will make the tubers tough and small. It can grow in a wide variety of soil. But a well-drained sandy loam rich in organic matter is ideal. It requires partially acidic PH of 5.5-6.5. Use a fallow land that has not be used for less than 2 years in order to prevent the activities of pest and diseases. Prepare furrow of 15cm, 75cm apart. It helps in drainage and will give the plant sufficient space to establish. At the same time minimizing competition for nutrients.

Irish Potato Planting 


  • Planting of Irish potatoes must be done during the early rains, especially around March to April. Potato is planted from the parent tuber that has sprouted into bud. Prepare the seed potato by cutting into smaller sizes about 30-35cm or 35-40cm in size. If the seed is too small it will produce weak plant use mature potato about 1 and ½:inches in diameter Place the seed potato in a warm place between 60-70°F a week to planting.
  • They are ready for planting when the sprout is about ¼ – ½ long. Cut the potato into 2 parts with each having 2 buds. Put the cut potato in a place that has room temperature for 2-3days. Before planting rub or dust them in agricultural sulphur this will protect the exposed surface from fungi disease. Bury the seed potato in the furrow about 40cm deep, place the potato seed in the hole with the eyes pointing up. Cover it with sand, make it flat and water. The potato will germinate in 2 weeks by then sprouting will be very well noticeable.
  • 5 weeks after planting heap sand around the potato stems. It will help the new potatoes grow out from the planted tubers. Frequently hill the plant so that the new tubers are not exposed to direct sunlight that can turn them green.

VARIETIES IRISH POTATO 

As a matter of facts, there are many varieties with different skin colours, we have; red flesh, white flesh and yellow flesh. The commonest ones are; the red and the white skin but the red variety stay longer than the white. That is why you should start irish potato farming with the ones that attracts market most.


MANURE APPLICATION IN IRISH POTATOES

Apply manure 2 weeks after germination because irish potato needs nutrient to form good tubers. You can use NPK of 8:11:18

WEEDING/IRRIGATION

However, Weeding should be manual except you can carefully use herbicides to tackle them. Too much water enlarges the pores on the tuber and make them rot quickly. Water only when necessary.

PEST/DISEASES IN IRISH POTATO FARMING


  • Furthermore, Pest and diseases starts their activities immediately after germination. Sucking pests such as white flies and aphids affects Irish potato seriously. Others are caterpillar, tuber moth and leaf miner. Potato blight is a fungus disease called Phytophthora infection that affects leaves and stem. Tackled it immediately you noticed their presence any delay will result in 100% damage within 5 days.
  • The affected part usually show soaked dark water lesion then after few days the potato plant will appear burnt as if fire was set on it. Always spray fungicide every week. Also apply preventive fungicide when there is high humidity or fluctuating temperature sers in.
  • Bacteria wilt causes extensive losses. Use herbicide such as touch down, Sevin an insecticide and neem oil Eelworm can live about 20-30 years. Plant disease and pest resistant variety. Practice rotational farming. Don’t follow potato farm with okra, pepper, egg-plant and tomatoes.

HARVESTING IRISH POTATO

If you plant in April harvest will be in August, potato matures in about 100 days depending on the variety some can be less or more. When matured the leaves will turn yellow while the foliage will die-back. Allow the potato to stay for 2-3 weeks before harvesting. So that their skin can become tough and smooth. Use hand fork, bare hands or spade to lift them from the soil. Care must be taken not to create wound on the tubers because they don’t store well. Pull the tubers from the vine and shake sand away. Yield is 50 tonnes per hectare


STORAGE OF IRISH POTATO

Don’t wash before storing because it will encourage deterioration of quality during storage. Keep the potatoes in a dry place to cure for 2 weeks, select shrivelled and soft ones out. Store in cold storage facility of 30°C it can stay for about a year in this condition.

Guide on Potato Farming / Business plans and Feasibility Study

IRISH POTATO MARKETING

Supply to supermarkets, big malls, market traders, potato chips producers, bakers who mash it for baking etc. You can frozen them and supply to fast food joints.

REASONS FOR IRISH POTATO FARMING


  • It is very easy and cheap to plant
  • Irish potato farming is very profitable, it sales higher than sweet potato and yam
  • The demand for it is increasing by the day.
  • It doesn’t require special qualification, anybody can do it.

HEALTH BENEFIT OF IRISH POTATO


  1. Irish Potatoes doesn't contain cholesterol nor fat but contains low calories. 
  2. Rich in Vitamin C, B6, Potassium, iron and fibre. 
  3. The fibre helps blood cholesterol level. 
  4. The potassium content helps in lowering blood pressure. 
  5. Maintains brain and nervous health system because of Vitamin B6.

IRISH POTATO SACK FARMING

Furthermore, Mix sand and farmyard manure in th ratio of 1:1. You have to irrigate it more because the moisture retaining capacity of the natural ground cannot be compared to that of sack. But a good compost soil will increase moisture holding capacity. A sack is expected to yield 20kg. 520 sacks if well-managed will yield about 10 tonnes. You can also use container but you will have to support the plant with sticks.

As a matter of facts, Irish potato farming is more economical than sweet potato and yam in terms of export. Locally, if a bag of sweet potato cost #8,000, irish will cost double or more.

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You can use this format in developing your own business Plans and feasibility Study 


OUR TABLE OF CONTENT INCLUDE;

  • SECTION I – EXECUTIVE SUMMARY
  • NAME OF BUSINESS / COMPANY
  • OFFICE & SITE LOCATION
  • MOTIVATION
  • MISSION STATEMENT
  • SOCIAL/ECONOMIC VALUE
  • PROJECT STATUS & START UP
  • WHY PREPARE THIS BUSINESS PLAN?
  • SECURITIES FOR THE PROPOSED LOAN
  • REPAYMENT
  • SECTION II – STUDY AREA
  • STUDY AREA
  • COMPANY OVERVIEW
  • MANAGEMENT TEAM
  • DEPARTMENTS IN THE COMPANY
  • EXPERIENCE
  • MANAGEMENT TEAM GAPS
  • SECTION III – INDUSTRY ANALYSIS
  • DEFINING YOUR INDUSTRY
  • YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
  • INDUSTRY STRUCTURE
  • MARKET OVERVIEW
  • MARKET SEGMENTATION
  • RELEVANT MARKET SIZE
  • KEY SUCCESS FACTORS
  • LONG TERM PROSPECTIVE
  • MARKET CHARACTERISTICS
  • SAMPLING TECHNIQUE
  • SECTION IV – CUSTOMER ANALYSIS
  • TARGET CUSTOMERS
  • CUSTOMER NEEDS
  • MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
  • BUYERS BEHAVIOUR
  • MARKET SHARE
  • SALES FORECASTING
  • SECTION V – COMPETITIVE ANALYSIS
  • DIRECT COMPETITORS
  • COMPETITIVE ADVANTAGES
  • SECTION VI – MARKETING PLAN
  • PRODUCTS & SERVICES
  • FINISHED PRODUCTS
  • PRODUCT QUALITY AND PRODUCTION QUANTITY
  • PRODUCTION CAPACITY
  • PRICING
  • PROMOTIONS PLAN
  • DISTRIBUTION PLAN
  • SECTION VII – OPERATIONS PLAN
  • GENERAL APPROACH TO PRODUCTION
  • TECHNICAL ANALYSIS / PRODUCTION PROCESS
  • EQUIPMENT
  • PACKAGING REQUIREMENTS
  • SECTION VIII – FINANCIAL PLAN
  • REVENUE MODEL
  • FINANCIAL ANALYSIS
  • FINANCIAL ASSUMPTIONS
  • FINANCE CHARGES
  • FINANCIAL PROJECTIONS
  • FUNDING REQUIREMENTS/USE OF FUNDS
  • CRITICAL ASSUMPTIONS



  • FINANCIAL MODELS
  • SUMMARY OF PROJECT COST
  • BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
  • DEPRECIATION
  • UTILITIES
  • OPERATING EXPENSES (OPEX)
  • TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
  • FINANCING PLAN
  • INSTALLED / AVAILABLE EQUIPMENT
  • BREAK-EVEN ANALYSIS
  • LOAN REPAYMENT SCHEDULE AND INTEREST PAID
  • FORECAST OF PROFIT AND LOSS
  • CASH FLOW
  • BALANCE SHEET
  • GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
  • BUSINESS RATIOS - PROFITABILITY ANALYSIS
  • CONCLUSION
  • SECTION 3 – APPENDIX

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·         NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

·        BUT, WE are permitted to display only executive summary.
·         This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State. 

·         1st sample;

These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study. 


Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi. 


Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration. 


After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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