business plan on cashew nut production

Cashew Farming Business Plan For Beginners

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Cashew farming is a very old and traditional business in many countries around the world. Both price and demand of cashew (cashew nut) are much higher in the market, so it is a highly profitable business.

The cashew tree is actually a tropical evergreen type tree that produces the cashew seed and the cashew apple accessory fruit. And like the tree, the nut is often simply called cashew

The cashew trees are much larger and can grow as high as 46 feet. The largest cashew tree in the world covers an area of 81,000 square feet and is located in Natal, Brazil.

But the dwarf cultivars grow around 20 feet and they are more productive, with earlier maturity and greater yields.

The fruits of the cashew tree is a kidney or boxing-glove-shaped drupe that grows at the end of the cashew apple. The drupe develops first on the tree and then the pedicel expands to become the cashew apple.

The cashew apple is a light reddish to yellow fruit , whose pulp and juice can be processed into a sweet, astringent fruit drink or fermented and distilled into liquor.

Along with the popularity of cashew nuts and fruits, the plant has several other uses. The shell of the cashew seed yields derivatives that can be used in many applications including lubricants, waterproofing, paints etc.

4 million tonnes of cashew nuts were produced globally in the year of 2019, with Ivory Coast and India as the leading producers. Burundi, Vietnam, and the Philippines also had significant production.

However, commercial cashew farming is a very old and popular business. You can make good profits from this business if you can do everything perfectly.

Table of Contents

Cashew Nutrition

Cashews are highly nutritious and beneficial for human health. But some people are allergic to cashews (although, they are a less frequent allergen than tree nuts or peanuts).

Raw cashews are 44% fat, 30% carbohydrates, 18% protein and 5% water. And a 100 grams reference amount, raw cashews provide 553 Calories, 67% of the Daily Value (DV) in total fats, 36% DV of protein, 13% DV of dietary fiber and 11% DV of carbohydrates.[ 1 ]

Cashews are also a great source of dietary minerals (including particularly copper, manganese, magnesium and phosphorus. They are also a good source of thiamin, vitamin B6 and vitamin K. Potassium, zinc, iron and selenium are also present in significant amount.

Top Health Benefits of Cashew

Cashews are highly nutritious and very good for human health. Like many other nuts, cashews many also help to improve your overall health.

Cashews are beneficial in weight loss, improved blood sugar control and healthier heart. Here we are trying to describe the top health benefits of consuming cashews.

• Cashews are low in sugar but rich in fiber and heart-healthy fats and also plant protein. They are also a very good source of some important minerals such as copper, magnesium and manganese and all these nutrients are essential for energy production, brain health, immunity and bone health.
• Cashew are rich in carotenoids and polyphenols. These are two categories of antioxidants that may help to reduce inflammation and offer potection from many diseases.
• Cashews are less in calories, so they can be helpful for loosing weight. They are rich in fiber and protein content can help to reduce hunger and increase feeling full.
• Diet which is rich in nuts are shown to be beneficial to heart health. And cashews appear to offer some benefits to lower blood pressure, triglycerides and also cholesterol.
• Cashews are rich in fiber but low in sugar. And when these 2 factors combined, may help to reduce blood sugar levels and protect against the development of type 2 diabetes.
• Cashews are rich in zinc and vitamins that keep you healthy. Zinc is an immune boosting compound that is vital for basic cell processes.
• Regular consumption of cashew can help to boost brain functions. Brain is the most active organ of our body that requires a steady supply of fatty acids through diet for staying active. And cashew contain brain booster nutrients that may help to boost brain functions and keep your memory sharp.
• Cashews contain zeaxanthin and lutein which are antioxidants that protect from UV rays. The antioxidant pigments naturally occur in the eyes and are an essential defense against damaging light and may reduce the risks of developing age-related macular degeneration (AMD) and cataracts.
• Copper present in cashew helps to produce hair pigment-melanin that enhances hair color. The essential fatty acids in cashews also help to keep your hair shiny and healthy.
• Cashew nuts are rich in zinc that is essential to improve sperm count in males and fertility chances. Also, regular intake of cashew may help control weight and diabetes that increases male fertility drastically.
• Copper deficiency in the body is the main source of iron deficiency which then leads to anaemia. Consuming cashews regularly in moderation can effectively increase the level of copper in your body and fight free radicals as cashews nuts are enriched with copper.
• Cashew nuts contain a natural oil that is rich in selenium, zinc, iron, and antioxidants. It keeps your skin young and fresh. Copper improves the production of elastin and collagen. Collagen is an integral structural protein that is responsible for the elasticity of your skin.

Advantages of Cashew Farming Business

Like many other fruit or crop farming business , commercial cashew farming has also some advantages. Here we are trying to describe the top advantages of commercial cashew farming business.

• Starting commercial cashew farming business is very easy and simple, even the beginners can also start this business.
• Commercial production of cashew is very profitable and it’s a great way for making high profits.
• Large scale production of cashew is already an established business and many people are already doing this business for making profits.
• Cashew plants are generally very strong and hardy and they generally require less care and other management.
• Both demand and value of cashew are much higher in the market, and both are increasing gradually.
• Marketing cashew is very easy and simple. Because cashew has very good demand in the market.
• As commercial production of cashew is highly profitable, so it can be a great employment source for the people (especially for the educated but unemployed people).
• Production costs in commercial cashew farming business is comparatively less as compared to many other business.
• Cashew plants fruit continuously for many years once established.
• Cashews are highly nutritious and very good for human health. You can enjoy fresh cashews if you start your own production.

How to Start Cashew Farming

Starting commercial cashew farming is just like starting other fruit farming business. It’s very easy and simple, even the beginners can also start this business easily.

We recommend having practical knowledge before starting this business. Here we are trying to describe more information about starting and operating a successful cashew farming business from planting, caring to harvesting and marketing.

Site Selection

Cashew plants ca be grown in a variety of soil types, but the production will be much better on good/fertile soils. Deep and well-drained sandy loam soils without a hardpan are considered best for cashew farming.

These plants can also thrives on sandy soils, but mineral deficiencies in the plants are more likely to occur. Water stagnation and flooding are not congenial for cashew.

Heavy clay soils with poor drainage and soils with pH more than 8 are not suitable for cashew farming. Excessive saline and alkaline soils are also not good for these plants. Red sandy loam, lateritic soils and coastal sands with slightly acidic pH are best for cashew farming.

Prepare the Soil

Plough the land thoroughly and level it. Total costs of land preparation will vary depending upon the type and method of soil working. Land preparation should be completed during May to June.

Climate Requirement For Cashew Farming

The cashew tree is cultivated in the tropics between 25°N and 25°S, and is well-adapted to hot lowland areas with a pronounced dry season, where the mango and tamarind trees also thrive.

Temperature range between 20°C and 30°C is considered best suited for cashew farming. Cashew needs a climate with a well-defined dry season of at least 4 months to produce the best yields.

Choose a Variety

Many different cashew varieties available to choose from. You can choose the dwarf variety as it is highly productive and start fruiting faster.

Cashew Propagation

Cashew can be propagated by seeds and also vegetatively propagated by grafting. One year old shoots as well as current season shoots (3-5 months old) are used for grafting.

Purchase Plants

If you want to avoid the hassle of propagation, then you can purchase ready-plants from the nurseries. Today, there are many nurseries available for ready cashew plants.

Planting cashew plants is very easy. But you have to be conscious about the planting space. Generally planting space of 8 meter x 5 meter is recommended.

The trees grow vigorously in the first 3 years and as soon as the crowns touch each other alternate trees should be removed until the permanent planting distance of 10-12 meter is reached.

The cashew plants are very strong and hardy and they generally require less caring and other management. Although, taking additional care will help the plants to grow well and produce more.

Fertilizing

Application of 10-15 kg of farmyard manure per plant is recommended to ensure adequate organic matter in the soil.

And chemical fertilizers recommended for a mature cashew tree are 1.1 kg urea, 750 grams single super phosphate and 200 grams muriate of potash.

Watering or irrigation is a very important factor in cashew production, especially during the establishment of young trees. Because, providing adequate irrigation doubles the growth tempo of young trees in a dry season.

Although, the trees can survive several months without irrigation, mainly due to the deep root system. The mature cashew trees should receive 1800 liters of water per tree every 2 weeks.

Mulching helps to retain moisture into the soil, and at the same time it helps to control weeds. You can use organic materials for using as a mulch.

Controlling Weeds

In commercial cashew farming, weeding with a light digging should preferably be done before the end of rainy season. Hoeing, cutting the weeds off the underground is more effective than slashing.

Branches hanging on the ground should be removed because they interfere with harvesting.

Inter-cropping

Tall growing inter-crops like certain varieties of sorghum and millet should not be encouraged between young cashew plants (because they will provide too much shade).

Leguminous crops such as groundnut and beans are very suitable for intercropping. Cultivation of horse gram, cowpea, groundnut etc. are also recommended as inter-crops in cashew farming.

Pests & Diseases

Like many other commercial crops, the cashew plants are also susceptible to many pests and diseases. There are about 30 species of insects infesting in cashew farming.

Out of these tea mosquito, flower thrips, stem and root borer and fruit and nut borer are the major pests which are reported to cause around 30% loss in yield of cashew nut.

The cashew crop basically doesn’t have any serious disease problem expect the powdery mildew caused by a fungus (which affects the young twigs and inflorescence and makes it wither).

This disease generally appears when the weather becomes cloudy. You can easily control this disease by dusting with 2% sulfur W.P.

Cashew plants start bearing after 3 years of planting, and they reach full bearing during the 10th year and counting giving remunerative yields for another 20 years.

The cashew nuts are generally harvested during February to May. Harvesting generally consists of picking of nuts that have dropped to the ground after maturing.

However, if the apples are also used for making jam, juice, syrup etc. then the fruits have to be harvested before it falls naturally.

Post-Harvesting/Processing of Cashew

Post harvesting tasks or processing of cashew involves these steps

• Preliminary cleaning
• Grading and

It’s actually very tough to tell the exact amount. And total yield also depends on numerous factors.

Marketing raw cashew is very easy and simple. You will probably be able to sell your products easily in the market. Although, you should set your marketing strategies before starting this business.

These are the common steps and ways for starting and operating a successful cashew farming business. Hope this guide has helped you. Good luck & may God bless you!

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2 thoughts on “cashew farming business plan for beginners”.

Is this farming possible in India?

Yes, cashew farming is possible in India, and India is one of the major cashew-producing countries in the world. Cashew trees thrive in tropical climates with well-drained soil, and several states in India provide suitable conditions for cashew cultivation. Some of the prominent cashew-producing states in India are Kerala, Goa, Maharashtra, Andhra Pradesh, Tamil Nadu and Karnataka. Good luck!

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Cashew Nut Processing Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » Agriculture Sector » Agro Processing

Are you about starting a cashew nut processing company? If YES, here is a complete sample cashew nut processing business plan template and feasibility report you can use for FREE .

Okay, so we have considered all the requirements for starting a cashew nut processing business. We also took it further by analyzing and drafting a sample cashew nut processing plant marketing plan template backed up by actionable guerrilla marketing ideas for cashew nut processing businesses. So let’s proceed to the business planning section.

Cashews are majorly grown in tropical regions and the tree produces the cashew apple which can either be consumed raw or used to produce jam, pickles or beverages like wine and juice; and cashew nuts where the kernel is extensively used in confectioneries and bakeries.

The cashew nut kernels can also be taken after being roasted or salted. The cashew nut kernels have become very popular especially amongst those conscious of what they eat and so any entrepreneur going into this business ought to take advantage of this.

Processing cashew nuts is a time consuming task that includes cleaning, roasting, shelling, separation, drying, peeling, grading and then packaging. The business however can be regarded as lucrative as any enterprising entrepreneur can make a quick buck out of it.

One important aspect that must not be overlooked is getting a business consultant that understands the business thoroughly and also the industry, and will therefore offer insight on how you can run the business. A business consultant will also look through your business concept and determine if you are likely to make it and if you have the attributes that will allow you compete favorably against your competitors.

Another important thing that you will need to kick start your business is a business plan. A business plan is very useful as it forces you to take a feasibility study that will determine how well your business will fare. Also, a business plan is like a guide that details how the end of your business will look like after you have inputted the facts and figures.

It is important that you have a comprehensive business plan especially if you intend to approach a commercial bank or an external investor for loan in starting off your business. A business plan also influences the actions and decisions that you will be making during the course of running your business.

While it might be intimidating to write out a business plan, you could either hire a business plan writer to write one for you or you could go online and get free related templates and use them as an aid in writing your business plan. Below is a sample of a cashew nut processing business plan for you;

A Sample Cashew Nut Processing Business Plan Template

1. industry overview.

The nuts market globally is expected to grow from the periods of 2015 to 2022 at 1.7% CAGR. As at 2014, the global nuts market was valued at $1,137.06 billion and it is expected to reach $1,279.4 billion by 2022.

Volume wise, nuts and seeds in tons totaled 37.38 million as at 2014 and is expected to reach 41.34 million tons as at 2022 at 1.40% CAGR during the stated periods between 2015 and 2022. The value in kilograms was 4.41 billion as at 2014 but it is expected to reach 7.86 billion by 2022 at 7.70% CAGR during the stated periods.

Product wise, the global nuts market according to its leading position is divided into cashew nuts, peanuts, walnuts, almonds and macadamia nuts. Cashew nut for instance has been leading other nuts globally from 2014 and is expected by 2022 to continue maintaining its leading position.

The past years have seen changes in the consumption patterns of nuts all over the world as it has been found that nuts have a positive effect on the human body by reducing heart disease, preventing diabetes and also reducing blood cholesterol.

This has led to a growing demand for genetically modified crops that will help meet up with the global demand for these nuts.

However, excessive consumption of these nuts can negatively affect the human health as it might cause diarrhea, several bowel disorders as well as weight gain. Also, the high cost in processing the nuts has caused a hindering factor on the global market.

In terms of geography, Asia Pacific, North America, Europe and the rest of the world has a high share in exporting nuts. As at 2014, the market was dominated by Asia Pacific. In North America, the United States is leading in terms of exports followed by Canada and the rest of North America.

2. Executive Summary

Crunchy Cashew Nuts Inc is a standard and leading cashew nut processing company that is based in Florence – South Carolina, here in the united states of America and will sell processed cashew nuts to wholesalers and retailers.

Our aim is to ensure that we sell processed organic cashew nuts of the highest quality to our various customers all over the United States of America. We also aim to offer other services as well such as franchise and advisory services in line with our revenue generation goals.

Our aim of establishing Crunchy Cashew Nuts Inc is not only to generate revenue and maximize profit but also to favorably compete against similar processed cashew nuts brands both new and existing, and be known as one of the top five cashew nuts processing factories in the United States of America within five years.

In order to achieve this, we have gone the extra mile to ensure that we get the best professionals and also the best equipment so that we will run a standard cashew nuts processing factory.

We have been able to procure the necessary licenses and permits from the relevant departments here in South Carolina so that we can carry out our business without breaking or running foul of any laws. We have structures and processes put in place to ensure that when it comes to hygiene, processing and packaging, we will be on top of our game.

We are set to redefine the processing of cashew nuts not just here in Florence – South Carolina but all over the United States of America, which is why we hired the best food technologist who not only ensures that we are doing things the right way but who also looks into using the best ways to get these things done from the processing stage, preservation and on to the packaging stage.

Our facility is located in an area that is not only easily accessible to our employees but also to our clients. We have put in structures to ensure that the facility is conducive at all times for our employees, which is why our employees have come to see the factory as a home to them and are always eager to come to work and be productive for the good of the firm.

Because of how seriously we take our business structure, we have gone the extra mile to ensure that we source for and hire only the best employees for Crunchy Cashew Nuts Inc. Our employees do not only come with the required experience, they also understand the industry we are in and know how best to ensure that from scratch we achieve our intention of becoming a national phenomenon.

Our employees are going to be well paid, and their pay and welfare packages would be better than that of their colleagues in similar startups such as ours here in South Carolina and even in neighboring states. We will carry out continuous performance appraisals to ensure that hardworking employees are promoted as at when due.

We will also put measures in place to ensure that our employees receive regular training in line with the industry trend so as to make them more productive. To achieve all this, we have hired a very experienced Human Resources and Admin Manager.

Crunchy Cashew Nuts Inc is established and owned by Mr. Jack Chris whose forefathers owned several cashew plantations and who has the required experience and expertise necessary to ensure that the company is able to attain all its goals and objectives.

3. Our Products and Services

Our aim at Crunchy Cashew Nuts Inc is to ensure that we are able to sell processed organic cashew nuts – salted and or roasted – to all our customers in the United States of America and to other countries from our location here in Florence – South Carolina.

Because we intend to create multiple sources of income so as to boost our bottom line and grow our business, we intend to offer other services such as training and consultancy services. We want to be able to make as much profit as is permitted under the laws of the United States of America. Therefore some of the products and services we intend to offer are;

• Sale of processed organic packaged cashew nuts – salted and roasted – to all our various clients
• Consultancy and Advisory Services

4. Our Mission and Vision Statement

• Our vision is to produce organic cashew nuts that have been processed through a quality standard. We also intend to be the preferred brand by customers when it comes to buying processed cashew nuts.
• In order to achieve our vision, we intend to deal in the best business practices and also build a solid business structure that will see us employing competent and dedicated employees that understand our corporate goals and objectives.

Our Business Structure

When starting a business, all may not go exactly as planned and this is sometimes due to circumstances that might be beyond the control of the entrepreneur.

However, having a solid business structure should be something that should firmly be in the control of the entrepreneur as this would make starting the business have little or no hitches as regards the employees and will also allow the entrepreneur concentrate on other aspects of the business.

In view of how serious we regard our business structure, we are willing to go the extra mile to ensure that we source for and hire competent and dedicated employees who understand how our sort of business works and who are willing and committed to ensuring that we are able to achieve all our set goals and objectives.

Our management staff for instance are fully identified with our core vision and philosophies and will do all they can to ensure that the non-management staff implement the rules effectively.

Due to the fact that we will not be running a conventional cashew nut processing business, we will be hiring more staff than we ordinarily should to handle all the various tasks and responsibilities that are attached to the roles that we will create at Crunchy Cashew Nuts Inc. Below therefore is the business structure that we intend to build at Crunchy Cashew Nuts Inc;

Chief Executive Officer

Human resources and Admin Manager

Purchasing Officer

Food Technologist

Marketing and Sales Team

Accountant/cashier

Customer Service Executives

Delivery Drivers

Store Manager

5. Job Roles and Responsibilities

• Creates the vision and direction for the organization, communicates and ensures that it is effectively implemented
• Drafts the overall budget and other important documents on behalf of the organization
• Monitors and evaluates the direction of the business and removes policies that are not regarded as effective
• Ensures that all the administrative functions of the organization flows smoothly
• Recruits and carries out orientation for new employees. Also trains and carries out periodic assessment on the employees
• In charge of the overall welfare and incentive package of the employees
• Responsible for procuring raw materials on behalf of the firm
• Sources for vendors and suppliers and ensures that they are reliable, and deals with them on behalf of the organization
• Drafts and reviews the necessary purchasing contracts for the benefit of the organization
• Responsible for ensuring the right preservation of the processed cashew nuts before being packaged and sold to customers
• Ensures that due process is followed at all times during processing and packaging of the cashew nuts
• Serves as the quality assurance officer on behalf of Crunchy Cashew Nuts Inc
• Conducts market research in order to discover new target markets on behalf of the organization
• Responsible for drafting effective
• Helps increase sales or the organization by engaging in direct marketing and sales
• Prepares financial statements, accounts, reports and budgets on behalf of the organization
• Manages cash inflow and outflow and also administers payrolls
• Ensures that the organization complies with tax by preparing accurate tax information and submitting to the tax authorities
• Works on behalf of the company by taking orders from clients, answers inquiries by passing along accurate information
• Maintains an accurate and updated customer database on behalf of the organization
• Stays abreast of industry trends and also organizational policies so as to pass accurate information to customers
• Drives the company’s van to and from several sales location and ensures that all orders are accurately delivered
• Supervises and assists the loading and offloading of products from the van
• Ensures that he obeys traffic regulations at all times and keeps a logbook of distances travelled and routes taken
• Responsible for inventory and monitors to know when replenishment is needed
• Responsible for the security of the shop
• Carries out light repairs when necessary
• Responsible for cleaning the premises and convenience for employees and customers
• Ensures that cleaning supplies don’t run out of stock
• Carries out any other duties as might be assigned by the human resources and admin manager

6. SWOT Analysis

In our bid to ensure that we run a standard cashew nuts processing business, we have engaged the services of the finest business consultant here in Florence to look through our business concept and determine how best suited we are to not only run a standard cashew nuts processing business but to also favorably compete with other similar businesses as well.

Due to this we have taken stock of our strengths, weaknesses, opportunities and threats and used this to understand how we are likely to survive not only in our industry here in Florence but also all over the United States of America as well. The result we got after conducting the SWOT analysis for Crunchy Cashew Nuts Inc are;

Our strength lies in the fact that the cashew nuts we process are organic which will be able to meet the dietary needs of our various clients. We have the best equipment in place that will be able to handle a large batch of processing without getting spoilt.

We have the best preservation unit that will see our nuts lasting as long as possible without going bad. Our employees are the best in the field and have the experience necessary to ensure that we achieve all our corporate goals and objectives.

Finally, our Chief Executive Officer has vast experience and the necessary expertise that will ensure that we achieve all that we set out to.

We are a new company and as such do not have the necessary finance and staff strength needed to compete against already established cashew nuts processing businesses, which means that it will be hard for us to break into the industry here in Florence and all over the United States of America. We however have plans in place that will help us overcome this.

• Opportunities

There are several opportunities available to us in this industry as there are lots of people who understand the dietary benefits of cashew nuts and are convincing others to consume cashew nuts.

Every business faces threats every now and then and so the arrival of a new competitor to our same location, offering the same services is a threat as well as stringent government policies regarding the agro processing industry.

7. MARKET ANALYSIS

• Market Trends

Cashew nuts have become one of the most consumed nuts amongst other types of nuts; this is because of the positive effects of nuts such as these on the human body. However in order to meet the growing demand, genetically modified crops have been looked into which will help those in the business to keep up with demand.

Nuts especially those of cashew contain nutrients such as fiber, proteins, folate and several other minerals, and this has encouraged more people to consume this nut daily.

Cashew nuts which come from the cashew tree grow in tropical regions and as such businesses that process these nuts in these regions spend less to get them, as against those that process the nuts in areas where the cashew trees don’t grow.

8. Our Target Market

Our processed organic cashew nuts will be one that will be made available to all our customers in our target market. Our target market however at a glance cannot be restricted to just a group of people, which is why we have conducted a market research that will enable us fully determine who we are really going to sell our products to.

The market research we have conducted will enable us have an idea of the market and what we should be expecting from them. We therefore are in business according to research to cater to the following groups of people;

• Confectioneries
• Celebrities
• Workout Enthusiasts
• Sports men and Women
• Health and diet enthusiasts

Our competitive advantage

Our intention of starting Crunchy Cashew Nuts Inc is to ensure that we build a business that will be amongst the top ten well known processed cashew nuts brand globally and will be amongst the first top five brands here in the United States of America.

To achieve this huge vision, we have come up with competitive strategies that will allow us compete favorably against our competitors.

We intend to process organic cashew nuts, which we know is more difficult to procure but which our clients will prefer. We have therefore set plans in place to ensure that we are able to grow our own cashew so as to fully achieve our ‘organic’ vision. 

Our facility is not only one that is well equipped and fitted with standard equipment but is also conducive and accessible to our employees.

All those who work for us come with vast experience and our management staff are those who are not only highly experienced but understand how to build a business from scratch to becoming a national phenomenon. We have a solid distribution network and an excellent customer service culture that will be of great advantage to our business.

Finally, we have great welfare and incentive packages that will ensure that our employees are well paid, and that those who work hard enough get incentives that is intended to boost their attitude.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Crunchy Cashew Nuts Inc is established with the aim of generating revenue and maximizing profit in the agro processing cum food industry here in the United States of America.

To maximize this profit, we are going to do all that we can to ensure that a large percentage of our target market gets our products. Crunchy Cashew Nuts Inc will therefore generate income by selling the following products and services;

10. Sales Forecast

The use of processed cashew nuts have spread from commercial purposes to personal purpose, which means there will always be a demand for processed cashew nuts.

Since cashew nuts grow majorly in tropical regions, our location here in Florence – South Carolina means that we are well positioned to meet the demands of our target market all over the United States of America in not only generating enough income but also making enough profit in our first year and breaking even in our second year.

Our optimism stems from the fact that we carried out critical examination of the agro processing industry cum the food industry in order to analyze our chances and know how we were likely to fare not only in this industry but from the environment where we are operating from. Data and information that was used to forecast our sales projection were taken from similar start-ups such as ours here in Florence and all over the United States of America.

Below therefore are the sales projections for Crunchy Cashew Nuts Inc and based on several assumptions and data gotten from the market;

• First Fiscal Year-: $400,000
• Second Fiscal Year-: $750,000
• Third Fiscal Year-: $1,500,000

N.B : The above sales projections were carried out based on what we obtained from the industry for the stated period. The assumptions used were that there won’t be an economic meltdown and that we won’t have to battle with the arrival of a major competitor offering same services during the stated period.

Should there be any change whatsoever in the above assumptions used, it would affect our sales projections and might cause an increase or decrease in the figures.

• Marketing Strategy and Sales Strategy

Marketing is a very important part of any start-up business as this section not only has to understand what the target market wants but also know the right strategies that will be needed to be applied on this target market in order to bring forth results – revenue.

The revenue gotten from marketing a business is what is being used to continue to run the business after the capital must have been exhausted. Marketing therefore is very paramount to the growth of a business. In view of this, we intend to first conduct a thorough market research that will allow us understand our target market and what to expect from them.

Also the market research will allow us draft effective marketing strategies that will allow us have a huge share of the market and also be able to compete favorably against our competitors, not only here in Florence – South Carolina but all around the United States of America.

We will also look for new target markets so as to gain grounds and have a large share market. We intend to engage the services of a reputable marketing consultant who has experience in this industry and environment to help draft effective marketing strategies that will allow us stand out in the marketplace.

We will also empower the marketing consultant to ensure that he or she works with our marketing team to incorporate our corporate marketing and sales goal and help us achieve our goals and objectives.

We intend to ensure that our marketing and sales team are not only empowered to monitor the marketing strategies drafted but also review and remove the ones thought to be ineffective or ones that will not fully achieve what we intend it to.

Our marketing and sales team will also make use of technology and other means in ensuring that our processed cashew nuts are marketed to our target audience. Therefore, the marketing and sales strategies that we intend to adopt at Crunchy Cashew Nuts in selling and marketing our business are;

• Ensure that we introduce our cashew processing nuts business formally to high level and corporate clients as well as other stakeholders in the industry
• Throw a unique party before declaring the business open, to generate interest amongst our target market
• Place advertisements in local newspapers and food and lifestyle magazines as well as on local radio and television stations
• Use our social media platforms such as Facebook, Twitter and Instagram to market and sell our processed cashew nuts
• Ensure that we are listed in yellow pages as well as on online directories
• Engage in direct marketing to all our clients

11. Publicity and Advertising Strategy

Ensuring that a brand has constant and positive awareness is very important and all brands know the essence of this, whether new or already established. Publicizing a brand is also a means of advertising the brand to ensure that not only the target market are aware of the brand, but that more people patronize the brand by either buying its products or paying for its services.

Publicity also ensures that the image of the brand is positively communicated as well as its corporate values. In view of this, we intend to engage the services of a brand expert who not only understands the business thoroughly but the environment we are operating from and what strategies would best be applied that will allow more people to be attracted to us.

Also, the publicity strategies that would be proffered will be one that will allow us compete favorably against our competitors – new or already existing. The platforms that we intend to use therefore in promoting and advertising Crunchy Cashew Nuts are;

• Create an interactive website and do all we can to publicize our cashew nuts and other products
• Place advertisements on local newspapers and lifestyle magazines as well as on radio and television stations
• Place flexi banners in strategic locations in and around the environs of South Carolina
• Distribute our handbills and fliers in target areas
• Use social media platforms such as Facebook, Twitter and Instagram to vigorously promote our brand
• Participate in local community programs by sponsoring programs that would promote our cashew nuts processing business

12. Our Pricing Strategy

Setting the right price for our cashew nuts is very important especially as we intend to make profit from our business. It is important therefore that we identify all the factors necessary so that we would be able to offer fair prices to our customers whilst also not running at a loss as a business ourselves.

The factors that we will consider are what our overhead and running costs are, what our competitors are offering and what the industry determines as fair without causing a price war.

In order therefore for us to attract the number of customers that will allow our business to grow as it should, we will be offering a discount on our processed cashew nuts for the period of three months. We have carried out a careful study of this period and have determined that even though we will be running at a low gross margin for this period, we will not be incurring any loss whatsoever for our business.

• Payment Options

Due to the all inclusive payment plans we intend to adopt at Crunchy Cashew Nuts Inc that will accommodate all our different customers and their diverse preferences, we have carefully studied several payment options and come up with the best.

Some of the payment options that we therefore will make available in every of outlets include;

• Payment via cash
• Payment via Point of Sale (POS) machine
• Payment via Credit Card
• Payment via online payment portal
• Payment via bank draft

In view of this, it should be noted that we carried out careful deliberations on each payment option before adopting it. The above payment options will be advantageous to both our company and our clients as well.

13. Startup Expenditure (Budget)

When starting a cashew nut processing business, there are certain aspects where one is expected to spend the bulk of the generated capital on, and most of the bulk of this capital is usually used for stuffs that are majorly under overhead expenses like renting a facility, procuring equipment and getting a vehicle.

Others may be running expenses such as paying the salaries of employees as well as utility bills. The key areas where we will be spending our start-up capital on are;

• Total fee for registering the business in the United States of America – $750
• Obtaining of licenses and permits as well as accounting software and other legal expenses are – $1,250
• Cost of hiring a business consultant – $2,000
• Insurance coverage (general liability, workers’ compensation and equipment insurance) – $2,000
• Marketing promotion expenses – for general marketing expenses as well as for the grand opening of Crunchy Cashew Nuts Inc – $3,000
• Operational cost for the first 3 months (paying of employee salaries and payment of utility bills) – $120,000
• Cost of start-up inventory (raw cashew nuts and packaging materials) – $7,000
• Cost of cashew processing equipment and machineries – $15,000
• Cost of administrative expenses (stationery, phones, computers and furniture) – $5,000
• Cost of storage hardware (rack, preservation unit, shelves and bins) – $5,000
• Cost of purchasing store equipment (cash register, ventilation and signage) – $5,000
• Cost of purchasing a distribution/delivery van – $20,000
• Cost of leasing a facility for at least two years and carrying out renovations – $100,000
• Cost of launching an interactive website – $500
• Cost of throwing an opening party – $3,000
• Miscellaneous – $5,500

From the above break down, it is obvious that we need the sum of $295,000 in order to start and run our cashew nut processing business successfully here in South Carolina.

The bulk of the sum will be going into paying of salaries and utility bills for at least 3 months, purchasing a delivery van, leasing a facility and also getting the necessary equipment that will be used to run the business and get the cashew nuts processed.

Generating Funding/Startup Capital for Crunchy Cashew Nuts Business

Crunchy Cashew Nuts Inc is a business owned and run by Jack Christopher and his immediate family members. The Christopher family took over the business from their grandfather and therefore have no intention whatsoever of inviting any external partners to own a share of their business.

This has led to the restriction of the capital sourcing to just three major sources. Therefore the areas where we intend generating our start-up capital from are;

• Getting part of the capital from personal savings
• Sourcing for soft loans from family members
• Applying for loan from the bank

N.B : We were able to generate the sum of $55,000 from personal savings. We got the sum of $40,000 as soft loan from our family members, and we recently got the sum of $200,000 approved for us by the bank after all documents were signed and conditions met.

The loan is to be repaid in 10 years at an interest rate of 3% or less if we are able to pay back before the end of the stipulated period.

14. Sustainability and Expansion Strategy

We know how valuable how customers are to us because without them we will not be able to generate the needed revenue that will not only sustain our business but allow us grow and expand at the pace we want. Due to this we intend to give our customers’  utmost priority especially when it comes to ensuring that accurate orders get to the right destination and that complaints if any are handled as quickly as possible.

Customers want to know that a brand not only listens to them but acts also. We will also give out incentives every once in a while to all our loyal customers and have loyalty discount programs in place for those who refer us to others.

Finally, we intend to ensure that we retain a certain percentage of our earnings back into our capital base. This will ensure that we have a sustained bottom line that will allow us run our business and also expand it when we deem fit. These strategies we have listed will be enough to boost and expand our cashew nut processing business.

Check List/Milestone

• Business Name Availability Check: Completed
• Business Registration: Completed
• Opening of Corporate Bank Accounts: Completed
• Securing Point of Sales (POS) Machines: Completed
• Opening Mobile Money Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Conducting feasibility studies: Completed
• Generating capital from family members: Completed
• Applications for Loan from the bank: In Progress
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents and other relevant Legal Documents: In Progress
• Design of The Company’s Logo: Completed
• Graphic Designs and Printing of Packaging Marketing/Promotional Materials: In Progress
• Recruitment of employees: In Progress
• Creating Official Website for the Company: In Progress
• Creating Awareness for the business both online and around the community: In Progress
• Health and Safety and Fire Safety Arrangement (License): Secured
• Opening party/launching party planning: In Progress
• Establishing business relationship with vendors – wholesale suppliers/merchants: In Progress
• Purchase of trucks: Completed

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How to write a business plan for a cashew nut farm?

Writing a business plan for a cashew nut farm can be an intimidating task, especially for those just starting.

This in-depth guide is designed to help entrepreneurs like you understand how to create a comprehensive business plan so that you can approach the exercise with method and confidence.

We'll cover: why writing a cashew nut farm business plan is so important - both when starting up, and when running and growing the business - what information you need to include in your plan, how it should be structured, and what tools you can use to get the job done efficiently.

Let's get started!

In this guide:

Why write a business plan for a cashew nut farm?

• What information is needed to create a business plan for a cashew nut farm?
• What goes in the financial forecast for a cashew nut farm?
• What goes in the written part of a cashew nut farm business plan?
• What tool can I use to write my cashew nut farm business plan?

Understanding the document's scope and goals will help you easily grasp its structure and content. Before diving into the specifics of the plan, let's take a moment to explore the key reasons why having a cashew nut farm business plan is so crucial.

To have a clear roadmap to grow the business

Running a small business is tough! Economic cycles bring growth and recessions, while the business landscape is ever-changing with new technologies, regulations, competitors, and consumer behaviours emerging constantly.

In such a dynamic context, operating a business without a clear roadmap is akin to driving blindfolded: it's risky, to say the least. That's why crafting a business plan for your cashew nut farm is vital to establish a successful and sustainable venture.

To create an effective business plan, you'll need to assess your current position (if you're already in business) and define where you want the business to be in the next three to five years.

Once you have a clear destination for your cashew nut farm, you'll have to:

• Identify the necessary resources (human, equipment, and capital) needed to reach your goals,
• Determine the pace at which the business needs to progress to meet its objectives as scheduled,
• Recognize and address the potential risks you may encounter along the way.

Engaging in this process regularly proves advantageous for both startups and established companies. It empowers you to make informed decisions about resource allocation, ensuring the long-term success of your business.

Need a solid financial forecast?

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To get visibility on future cash flows

If your small cashew nut farm runs out of cash: it's game over. That's why we often say "cash is king", and it's crucial to have a clear view of your cashew nut farm's future cash flows.

So, how can you achieve this? It's simple - you need to have an up-to-date financial forecast.

The good news is that your cashew nut farm business plan already includes a financial forecast (which we'll discuss further in this guide). Your task is to ensure it stays current.

To accomplish this, it's essential to regularly compare your actual financial performance with what was planned in your financial forecast. Based on your business's current trajectory, you can make adjustments to the forecast.

By diligently monitoring your cashew nut farm's financial health, you'll be able to spot potential financial issues, like unexpected cash shortfalls, early on and take corrective actions. Moreover, this practice will enable you to recognize and capitalize on growth opportunities, such as excess cash flow enabling you to expand to new locations.

To secure financing

Whether you are a startup or an existing business, writing a detailed cashew nut farm business plan is essential when seeking financing from banks or investors.

This makes sense given what we've just seen: financiers want to ensure you have a clear roadmap and visibility on your future cash flows.

Banks will use the information included in the plan to assess your borrowing capacity (how much debt your business can support) and your ability to repay the loan before deciding whether they will extend credit to your business and on what terms.

Similarly, investors will review your plan carefully to assess if their investment can generate an attractive return on investment.

To do so, they will be looking for evidence that your cashew nut farm has the potential for healthy growth, profitability, and cash flow generation over time.

Now that you understand why it is important to create a business plan for a cashew nut farm, let's take a look at what information is needed to create one.

Need inspiration for your business plan?

The Business Plan Shop has dozens of business plan templates that you can use to get a clear idea of what a complete business plan looks like.

Information needed to create a business plan for a cashew nut farm

You need the right data in order to project sales, investments and costs accurately in the financial forecast of your cashew nut farm business plan.

Below, we'll cover three key pieces of information you should gather before drafting your business plan.

Carrying out market research for a cashew nut farm

Before you begin writing your business plan for a cashew nut farm, conducting market research is a critical step in ensuring precise and realistic financial projections.

Market research grants you valuable insights into your target customer base, competitors, pricing strategies, and other crucial factors that can impact the success of your business.

In the course of this research, you may stumble upon trends that could impact your cashew nut farm.

You could find that consumers may be looking for more organic options. Additionally, market research might reveal that customers might be seeking out more unique flavor combinations.

Such market trends play a pivotal role in revenue forecasting, as they provide essential data regarding potential customers' spending habits and preferences.

By integrating these findings into your financial projections, you can provide investors with more accurate information, enabling them to make well-informed decisions about investing in your cashew nut farm.

Developing the marketing plan for a cashew nut farm

Before delving into your cashew nut farm business plan, it's imperative to budget for sales and marketing expenses.

To achieve this, a comprehensive sales and marketing plan is essential. This plan should provide an accurate projection of the necessary actions to acquire and retain customers.

Additionally, it will outline the required workforce to carry out these initiatives and the corresponding budget for promotions, advertising, and other marketing endeavours.

By budgeting accordingly, you can ensure that the right resources are allocated to these vital activities, aligning them with the sales and growth objectives outlined in your business plan.

The staffing and capital expenditure requirements of a cashew nut farm

Whether you are starting or expanding a cashew nut farm, it is important to have a clear plan for recruitment and capital expenditures (investment in equipment and real estate) in order to ensure the success of the business.

Both the recruitment and investment plans need to be coherent with the timing and level of growth planned in your forecast, and require appropriate funding.

A cashew nut farm might incur staffing costs such as salaries for farm workers, administrative staff, and management personnel. It might also incur costs related to equipment such as tractors, harvesting equipment, storage and transportation equipment, and other tools necessary for the production of cashew nuts.

In order to create a realistic financial forecast, you will also need to consider the other operating expenses associated with running the business on a day-to-day basis (insurance, bookkeeping, etc.). 

Once you have all the necessary information to create a business plan for your cashew nut farm, it is time to start creating your financial forecast.

What goes into your cashew nut farm's financial forecast?

The objective of the financial forecast of your cashew nut farm's business plan is to show the growth, profitability, funding requirements, and cash generation potential of your business over the next 3 to 5 years.

The four key outputs of a financial forecast for a cashew nut farm are:

• The profit and loss (P&L) statement ,
• The projected balance sheet ,
• The cash flow forecast ,
• And the sources and uses table .

Let's look at each of these in a bit more detail.

The projected P&L statement

The projected P&L statement for a cashew nut farm shows how much revenue and profit your business is expected to make in the future.

A healthy cashew nut farm's P&L statement should show:

• Sales growing at (minimum) or above (better) inflation
• Stable (minimum) or expanding (better) profit margins
• A healthy level of net profitability

This will of course depend on the stage of your business: numbers for a startup will look different than for an established cashew nut farm.

The projected balance sheet of your cashew nut farm

The balance sheet for a cashew nut farm is a financial document that provides a snapshot of your business’s financial health at a given point in time.

It shows three main components: assets, liabilities and equity:

• Assets: are resources owned by the business, such as cash, equipment, and accounts receivable (money owed by clients).
• Liabilities: are debts owed to creditors and other entities, such as accounts payable (money owed to suppliers) and loans.
• Equity: includes the sums invested by the shareholders or business owners and the cumulative profits and losses of the business to date (called retained earnings). It is a proxy for the value of the owner's stake in the business.

Examining the balance sheet is important for lenders, investors, or other stakeholders who are interested in assessing your cashew nut farm's liquidity and solvency:

• Liquidity: assesses whether or not your business has sufficient cash and short-term assets to honour its liabilities due over the next 12 months. It is a short-term focus.
• Solvency: assesses whether or not your business has the capacity to repay its debt over the medium-term.

Looking at the balance sheet can also provide insights into your cashew nut farm's investment and financing policies.

In particular, stakeholders can compare the value of equity to the value of the outstanding financial debt to assess how the business is funded and what level of financial risk has been taken by the owners (financial debt is riskier because it has to be repaid, while equity doesn't need to be repaid).

The cash flow forecast

A projected cash flow statement for a cashew nut farm is used to show how much cash the business is generating or consuming.

The cash flow forecast is usually organized by nature to show three key metrics:

• The operating cash flow: do the core business activities generate or consume cash?
• The investing cash flow: how much is the business investing in long-term assets (this is usually compared to the level of fixed assets on the balance sheet to assess whether the business is regularly maintaining and renewing its equipment)?
• The financing cash flow: is the business raising new financing or repaying financiers (debt repayment, dividends)?

As we discussed earlier, cash is king and keeping an eye on future cash flows an imperative for running a successful business. Therefore, you can expect the reader of your cashew nut farm business plan to pay close attention to your cash flow forecast.

Also, note that it is customary to provide both yearly and monthly cash flow forecasts in a business plan - so that the reader can analyze seasonal variation and ensure the cashew nut farm is appropriately funded.

The initial financing plan

The sources and uses table or initial financing plan is a key component of your business plan when starting a cashew nut farm.

It shows where the capital needed to set up the business will come from (sources) and how it will be spent (uses).

This table helps size the investment required to set up the cashew nut farm, and understand how risks will be distributed between the business owners, and the financiers.

The sources and uses table also highlights what the starting cash position will be. This is key for startups as the business needs to have sufficient funding to sustain operations until the break-even point is reached.

Now that you have a clear understanding of what will go into the financial forecast of your cashew nut farm business plan, let's have a look at the written part of the plan.

The written part of a cashew nut farm business plan

The written part of the business plan is where you will explain what your business does and how it operates, what your target market is, whom you compete against, and what strategy you will put in place to seize the commercial opportunity you've identified.

Having this context is key for the reader to form a view on whether or not they believe that your plan is achievable and the numbers in your forecast realistic.

The written part of a cashew nut farm business plan is composed of 7 main sections:

• The executive summary
• The presentation of the company
• The products and services
• The market analysis
• The strategy
• The operations
• The financial plan

Let's go through the content of each section in more detail!

1. The executive summary

In your cashew nut farm's business plan, the first section is the executive summary — a captivating overview of your plan that aims to pique the reader's interest and leave them eager to learn more about your business.

When crafting the executive summary, start with an introduction to your business, including its name, concept, location, how long it has been running, and what sets it apart. Briefly mention the products and services you plan to offer and your target customer profile.

Following that, provide an overview of the addressable market for your cashew nut farm, current trends, and potential growth opportunities.

Next, include a summary of key financial figures like projected revenues, profits, and cash flows.

Finally, in the "ask" section, detail any funding requirements you may have.

2. The presentation of the company

As you build your cashew nut farm business plan, the second section deserves attention as it delves into the structure and ownership, location, and management team of your company.

In the structure and ownership part, you'll provide valuable insights into the legal structure of the business, the identities of the owners, and their respective investments and ownership stakes. This level of transparency is vital, particularly if you're seeking financing, as it clarifies which legal entity will receive the funds and who holds the reins of the business.

Moving to the location part, you'll offer a comprehensive view of the company's premises and articulate why this specific location is strategic for the business, emphasizing factors like catchment area, accessibility, and nearby amenities.

When describing the location of your cashew nut farm, you may emphasize its potential for growth; the area could be a prime spot for cashews due to its favorable climate and soil conditions. The farm may be close to nearby transportation hubs, making it easy to ship the nuts to a variety of markets. You might also mention the potential for additional land acquisitions to expand the farm's operations, as well as the potential for increased yields due to the area's agricultural practices. With a strategic location, your farm could become a major player in the cashew nuts industry.

Lastly, you should introduce your esteemed management team. Provide a thorough explanation of each member's role, background, and extensive experience.

It's equally important to highlight any past successes the management team has achieved and underscore the duration they've been working together. This information will instil trust in potential lenders or investors, showcasing the strength and expertise of your leadership team and their ability to deliver the business plan.

3. The products and services section

The products and services section of your cashew nut farm business plan should include a detailed description of what your company sells to its customers. 

For example, your cashew nut farm might offer a variety of freshly harvested cashew nuts, including raw, roasted, salted, and unsalted. Additionally, the farm could offer nut-related products such as cashew butter, cashew flour, and cashew milk. Furthermore, the farm could provide educational tours and classes to educate customers about growing and harvesting the nuts, as well as the health benefits of consuming them.

The reader will want to understand what makes your cashew nut farm unique from other businesses in this competitive market.

When drafting this section, you should be precise about the categories of products or services you sell, the clients you are targeting and the channels that you are targeting them through. 

4. The market analysis

When presenting your market analysis in your cashew nut farm business plan, you should detail the customers' demographics and segmentation, target market, competition, barriers to entry, and any regulations that may apply.

The goal of this section is to help the reader understand how big and attractive your market is, and demonstrate that you have a solid understanding of the industry.

You should start with the demographics and segmentation subsection, which gives an overview of the addressable market for your cashew nut farm, the main trends in the marketplace, and introduces the different customer segments and their preferences in terms of purchasing habits and budgets.

The target market section should follow and zoom on the customer segments your cashew nut farm is targeting, and explain how your products and services meet the specific needs of these customers.

For example, your target market might include health-conscious individuals who are looking for a nutritious snack. These individuals would be willing to pay a premium for cashew nuts which are high in protein and essential vitamins and minerals. They would also be willing to seek out organic and responsibly sourced cashew nuts as they prioritize the quality of the product.

Then comes the competition subsection, where you should introduce your main competitors and explain what differentiates you from them.

Finally, you should finish your market analysis by giving an overview of the main regulations applicable to your cashew nut farm.

5. The strategy section

When writing the strategy section of a business plan for your cashew nut farm, it is essential to include information about your competitive edge, pricing strategy, sales & marketing plan, milestones, and risks and mitigants.

The competitive edge subsection should explain what sets your company apart from its competitors. This part is especially key if you are writing the business plan of a startup, as you have to make a name for yourself in the marketplace against established players.

The pricing strategy subsection should demonstrate how you intend to remain profitable while still offering competitive prices to your customers.

The sales & marketing plan should outline how you intend to reach out and acquire new customers, as well as retain existing ones with loyalty programs or special offers. 

The milestones subsection should outline what your company has achieved to date, and its main objectives for the years to come - along with dates so that everyone involved has clear expectations of when progress can be expected.

The risks and mitigants subsection should list the main risks that jeopardize the execution of your plan and explain what measures you have taken to minimize these. This is essential in order for investors or lenders to feel secure in investing in your venture.

Your cashew nut farm faces numerous risks. One type of risk could be natural disasters, such as a flooding, storms, or other extreme weather events. These could cause significant damage to your farm and any equipment you have, and may affect your ability to harvest the cashew nuts. Another type of risk could be market risks. These could include changes in consumer tastes or preferences, changes in global prices, or a rise in the cost of inputs. These market forces could affect your ability to sell the cashew nuts at a profit, and might have a significant impact on the success of your farm.

6. The operations section

The operations of your cashew nut farm must be presented in detail in your business plan.

The first thing you should cover in this section is your staffing team, the main roles, and the overall recruitment plan to support the growth expected in your business plan. You should also outline the qualifications and experience necessary to fulfil each role, and how you intend to recruit (using job boards, referrals, or headhunters).

You should then state the operating hours of your cashew nut farm - so that the reader can check the adequacy of your staffing levels - and any plans for varying opening times during peak season. Additionally, the plan should include details on how you will handle customer queries outside of normal operating hours.

The next part of this section should focus on the key assets and IP required to operate your business. If you depend on any licenses or trademarks, physical structures (equipment or property) or lease agreements, these should all go in there.

Your cashew nut farm might have two key assets and IP. Firstly, it could have a unique farming technique that makes it possible to cultivate cashew nuts in a certain climate or soil type. This method may be the result of years of experimentation and research and is exclusive to your farm. Secondly, it could have a specific variety of cashew nuts that is only found on your farm. This variety could be the result of careful selection and breeding over time, and could be highly sought after.

Finally, you should include a list of suppliers that you plan to work with and a breakdown of their services and main commercial terms (price, payment terms, contract duration, etc.). Investors are always keen to know if there is a particular reason why you have chosen to work with a specific supplier (higher-quality products or past relationships for example).

7. The presentation of the financial plan

The financial plan section is where we will present the financial forecast we talked about earlier in this guide.

Now that you have a clear idea of what goes in your cashew nut farm business plan, let's look at the solutions you can use to draft yours.

Need a convincing business plan?

The Business Plan Shop makes it easy to create a financial forecast to assess the potential profitability of your projects, and write a business plan that’ll wow investors.

What tool should I use to write my cashew nut farm's business plan?

There are two main ways of creating your cashew nut farm business plan:

• Using specialized business planning software,
• Hiring a business plan writer.

Using an online business plan software for your cashew nut farm's business plan

The modern and most efficient way to write a cashew nut farm business plan is to use business plan software .

There are several advantages to using specialized software:

• You can easily create your financial forecast by letting the software take care of the financial calculations for you without errors
• You are guided through the writing process by detailed instructions and examples for each part of the plan
• You can access a library of dozens of complete business plan samples and templates for inspiration
• You get a professional business plan, formatted and ready to be sent to your bank or investors
• You can easily track your actual financial performance against your financial forecast
• You can create scenarios to stress test your forecast's main assumptions
• You can easily update your forecast as time goes by to maintain visibility on future cash flows
• You have a friendly support team on standby to assist you when you are stuck

If you're interested in using this type of solution, you can try The Business Plan Shop for free by signing up here .

Hiring a business plan writer to write your cashew nut farm's business plan

Outsourcing your cashew nut farm business plan to a business plan writer can also be a viable option.

These writers possess valuable experience in crafting business plans and creating accurate financial forecasts. Additionally, enlisting their services can save you precious time, enabling you to concentrate on the day-to-day operations of your business.

It's important to be mindful, though, that hiring business plan writers comes with a cost. You'll be paying not just for their time but also for the software they use, and their profit margin.

Based on experience, a complete business plan usually requires a budget of at least £1.5k ($2.0k) excluding tax, and more if revisions are needed after initial meetings with lenders or investors - changes often arise following these discussions.

When seeking investment, be cautious about spending too much on consulting fees. Investors prefer their funds to contribute directly to business growth. Thus, the amount you spend on business plan writing services and other consulting services should be negligible compared to the amount you raise.

Another aspect to consider is that while you'll receive the output of the business plan, you usually won't own the actual document. It will be saved in the consultant's business plan software, which will make updating the plan challenging without retaining the consultant on a retainer.

Given these factors, it's essential to carefully weigh the pros and cons of outsourcing your cashew nut farm business plan to a business plan writer and decide what best suits your business's unique needs.

Why not create your cashew nut farm's business plan using Word or Excel?

Using Microsoft Excel and Word (or their Google, Apple, or open-source equivalents) to write a cashew nut farm business plan is a terrible idea.

For starters, creating an accurate and error-free financial forecast on Excel (or any spreadsheet) is very technical and requires both a strong grasp of accounting principles and solid skills in financial modelling.

As a result, it is unlikely anyone will trust your numbers unless - like us at The Business Plan Shop - you hold a degree in finance and accounting and have significant financial modelling experience in your past.

The second reason is that it is inefficient. Building forecasts on spreadsheets was the only option in the 1990s and early 2000s, nowadays technology has advanced and software can do it much faster and much more accurately.

And with the rise of AI, software is also becoming smarter at helping us detect mistakes in our forecasts and helping us analyse the numbers to make better decisions.

Also, using software makes it easy to compare actuals vs. forecasts and maintain our forecasts up to date to maintain visibility on future cash flows - as we discussed earlier in this guide - whereas this is a pain to do with a spreadsheet.

That's for the forecast, but what about the written part of my cashew nut farm business plan?

This part is less error-prone, but here also software brings tremendous gains in productivity:

• Word processors don't include instructions and examples for each part of your business plan
• Word processors don't update your numbers automatically when they change in your forecast
• Word processors don't handle the formatting for you

Overall, while Word or Excel may be viable options for creating a cashew nut farm business plan for some entrepreneurs, it is by far not the best or most efficient solution.

• Using business plan software is a modern and cost-effective way of writing and maintaining business plans.
• A business plan is not a one-shot exercise as maintaining it current is the only way to keep visibility on your future cash flows.
• A business plan has 2 main parts: a financial forecast outlining the funding requirements of your cashew nut farm and the expected growth, profits and cash flows for the next 3 to 5 years; and a written part which gives the reader the information needed to decide if they believe the forecast is achievable.

We hope that this in-depth guide met your expectations and that you now have a clear understanding of how to write your cashew nut farm business plan. Do not hesitate to contact our friendly team if you have questions additional questions we haven't addressed here.

Also on The Business Plan Shop

• How to write a business plan to secure a bank loan?
• Key steps to write a business plan?
• Top mistakes to avoid in your business plan

Do you know entrepreneurs interested in starting or growing a cashew nut farm? Share this article with them!

Founder & CEO at The Business Plan Shop Ltd

Guillaume Le Brouster is a seasoned entrepreneur and financier.

Guillaume has been an entrepreneur for more than a decade and has first-hand experience of starting, running, and growing a successful business.

Prior to being a business owner, Guillaume worked in investment banking and private equity, where he spent most of his time creating complex financial forecasts, writing business plans, and analysing financial statements to make financing and investment decisions.

Guillaume holds a Master's Degree in Finance from ESCP Business School and a Bachelor of Science in Business & Management from Paris Dauphine University.

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Cashew Nut Processing Business Plan - 7 Aspects

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How to Start Cashew Farming Business in 16 Steps

Do you want to start a cashew cultivation or plantation project? If so, read this article on how to start cashew farming with a business plan, growing method, plant protection, etc.

Basically, cashew is an export-oriented crop. You can grow cashew for nuts. It is highly delicious and nutritious. Therefore, it is popular as a ‘wonder nut’. The scientific name of cashew is Anacardium occidentale L. And it belongs to the Anacardium family.

Cashew farming is a long-term business venture. It is highly profitable provided you grow it properly with the right marketing plan. In addition to that, the cashew plantation project demands an adequate amount of land for cultivation. So, if you have agricultural land and you want to go for a farming business , then cashew farming is just perfect for you.

Table of Contents

16 Steps to Start Cashew Farming Business

1. study cashew cultivation.

The first step before starting a cashew nut farming business is to understand the basics of cashew tree growth, suitable climate, soil requirements, and potential challenges.

2. Location Selection

The next step is to find a suitable location for growing cashew nuts. It is advisable to choose a location with well-drained soil, adequate sunlight, and a warm tropical or subtropical climate.

3. Create a Business Plan

Developing a detailed business plan is essential. You must outline your goals, target market, budget, expected expenses, and revenue projections in your cashew farm business plan document.

4. Land Acquisition

It is advised to purchase or lease land based on the scale of your cashew farm. Also, ensure it meets the soil and climate requirements for successful cultivation.

5. Cashew Saplings

The quality of the produce will largely depend on the cashew saplings you procure. Hence, source high-quality cashew saplings from reputable nurseries or research institutions.

6. Equipment and Tools

Acquire essential farming tools such as shovels, pruners, irrigation equipment, and protective gear.

7. Planting

The next step is to prepare the soil, dig pits, and plant cashew saplings at the beginning of the rainy season.

8. Care and Maintenance

You need to provide regular watering, mulching, and fertilization to ensure healthy tree growth.

9. Pruning and Training

Prune the cashew trees to maintain proper shape, remove dead branches, and encourage better nut production.

10. Pest and Disease Management

Cashews are prone to pests. Hence, implement preventive measures and timely treatments to control pests and diseases that affect cashew trees.

11. Harvesting

It is observed that cashew nuts are ready for harvest when the outer shell turns brown. You can collect the nuts manually or using mechanical methods.

12. Drying and Shelling

After the harvesting is done, dry the harvested nuts to reduce moisture content. You can use mechanical or manual methods to remove the outer shell and extract the cashew kernel.

13. Grading and Packaging

Next, sort the cashew kernels based on size and quality. Package them in suitable containers for storage or sale.

14. Establish Contacts

It is important to build relationships with local buyers, wholesalers, and processors in the cashew industry.

15. Value Addition

You are advised to explore opportunities to process cashew kernels into different products. It includes roasted nuts, flavored cashews, or cashew butter.

16. Distribution

Finally, you need to decide whether you’ll sell your cashews locally, nationally, or internationally. If you are planning to sell globally, consider establishing an online presence.

Final Words: Starting a cashew farming business involves careful preparation, effort, and adherence to best agricultural practices. You can develop a profitable and rewarding cashew farm that contributes to both your financial progress and the global cashew business by following the procedures given in this guide and consistently learning about cashew cultivation.

What is the Economic Importance of Cashew Farming?

First of all, the cashew nut is a popular type of snack nut. Finely chopped kernels are used in the production of sweets, ice cream, cake, and chocolates, both at home and industrially, and as a paste to spread on bread. Additionally, it is an essential ingredient in various kinds of dishes. The kernel oil of pale yellow color is used in pharmaceutical and cosmetic industries.

Cashew nut shell liquid (CNSL) extracted from its shell has many industrial applications. It is an important raw material in making paints, resins, flame retardants, etc. The testa covering the kernel, rich in tannin is used in the leather industry. The cashew apple, the pseudo-fruit, is rich in vitamin C. It is used to cure scurvy, diarrhea, uterine complaints, and dropsy.

Primarily, cashew farming is the right option for soil conservation, afforestation, and wasteland development. Cashew is grown in nearly 25 countries of the world. Some of the major cashew-producing countries are India, Brazil, Vietnam, Tanzania, Mozambique, and Indonesia. India holds the first position in growing cashew worldwide.

What are the Health Benefits of Cashew?

You can compare its nutritional composition with almonds, hazelnut, walnut, etc. Additionally, it is a zero-cholesterol nut with high unsaturated fatty acids, proteins, and carbohydrates. Also, it comes with the right combination of amino acids, vitamins, and minerals.

The copper and iron in cashews work together to help the body form and utilize red blood cells. This, in turn, keeps blood vessels, nerves, the immune system, and bones healthy and functioning properly. Finally, the consumption of cashews has been linked to cancer prevention, heart health, and weight maintenance.

Suitable Agroclimatic Conditions for Cashew Farming

Generally, cashew prefers warm humid tropical conditions. You can grow cashew up to 1,000 m above mean sea level. The most important cashew-growing tracts are found between 150 South and 150 North latitudes. The ideal temperature range is 15 to 35° C, though it can tolerate a temperature of 50 – 45° C. However, the lower temperature at high altitudes affects the development of trees and flowering.

A distinct dry period of 4-6 months with an annual rainfall of 1,000 – 2,000 mm is ideal for its commercial cultivation. Rain during flowering and harvesting is not desirable and causes tea mosquito and Colletotrichum infection.

Suitable Soil for Cashew Farming

Cashew grows in almost all types of soils. It performs well in well-drained, red sandy loams and lights coastal sand without a hardpan and with a water level between 5 and 10 m depth. The ideal pH is from 5.6 – to 7.0. Soil with a pH of more than 8.0 is not suitable for its cultivation since it is sensitive to excessive salinity. Cashew is sensitive to waterlogging and tolerant to moisture stress to a greater extent. Areas prone to waterlogging may be avoided for their commercial plantations.

What are the Best Varieties for Cashew Farming?

Cashew is a cross-pollinated crop. Additionally, it is highly heterozygous, and considerable segregation has resulted in considerable variation in its seedling population. An ideal cashew plant must have a dwarf and compact canopy with an intensive branching habit, short flowering, and fruiting phases.

Generally, Hybrids performed better than the selections. Also, you can utilize the hybrid vigor commercially in cashew through softwood grafting. Nowadays, the dwarf genotype with a compact canopy and high-yield potential is gaining acceptance in cashew cultivation realizing its utility in high-density planting.

What are the Steps of Cashew Plantation

A) propagation.

In cashew, two different types of propagations are possible – seed and vegetative. Different types of vegetative propagations are air-layering, veneer grafting, epicotyl grafting, softwood grafting, and in situ grafting. However, softwood grafting has become the most successful and widely-adopted method.

For softwood grafting, you can raise healthy seedlings (2 months old) by having a single main stem in polybags. Collect scion from elite mother plants. The selected scion should be 3-5 months old from the current season’s growth, and 10-12 cm long. Ensure that it is pencil-thick with a brown color having dormant and plumpy terminal buds and top leaves of dark green color.

Procure the scions by clipping three-fourths of the leaf blades 7-10 days before grafting. Decapitate the rootstock 15 cm above the ground level retaining 2 pairs of bottom leaves. Additionally, you can create a cleft of 4-5 cm deep on the cut end. Insert the wedge of the scion into the cleft of the stock. Finally, secure the graft joint with polythene tape. The successful grafts show signs of growth 3-4 weeks after grafting. They become ready for planting 5-6 months after grafting. The ideal season is from March to September.

b) Top Working

Basically, top-working is a technique to rejuvenate old and unproductive cashew trees. Successfully, you can rejuvenate trees that are 5-15 years old. However, trees above 25 years show reduced sprouting and stunted growth. Beheading the trees from May to September is best for the vigor of the sprouts and the availability of suitable scion for grafting. Beheading at 0.5 m height provides a better canopy also.

c) Planting

Generally, the softwood grafts of high-yielding varieties are the best planting materials. However, you can also use seedlings for planting. Pit size influences the growth of plants. The pits of 90 cm x 90 cm x 90 cm size are ideal. The spacing varies depending on soil type agro-climatic conditions and management methods.

d) Manuring & Fertilization

Due to the extensive root system, cashew draws nutrients from large volumes of soil. Additionally, it performs well on poor soils where other crops fail. However, it shows a good response to fertilizer application. The general recommendation of NPK is 750 g N, 325 g P2O5, and 750 g K2O/adult tree. However, you may increase the dose by 33% in areas where soil fertility is low.

e) Irrigation

Drip irrigation is the most common method. Also, you can apply the flow tech irrigation. Actually, it is an improved method over drip irrigation. The application of water (200 liters/tree) once a fortnight is recommended for increasing cashew yield. While irrigating cashew plants, you must take care to avoid continuous irrigation. Otherwise, the trees may remain in the vegetative phase for a longer period.

Basically, pruning is an important practice in cashew. It facilitates proper light penetration and helps in the production of vigorous productive laterals for enhancing nut production. The right time for pruning is August month. A pruning schedule of removing 25% of the fifth order of branches at 3 years interval increases yield considerably.

7. Harvesting & Post-Harvest Management

Flowering in cashew starts from the third year onwards and reaches full production potential by the tenth year. Generally, it gives economic yield for a further 20 years. After the fruit set, the nut develops quickly and reaches full size 3-4 weeks after flowering.

If you want to learn more on Cashew Farming, have a look at The Complete Book on Cashew by NPCS Board.

Proper post-harvest management is essential in cashew. After that pedicel enlarges to produce cashew apples. The fruits mature in 60 days and are harvested when fully ripe. Allow the ripe fruits to fall down and collect them manually. Then, separate the nuts from the apple. Dry them in the sun for 2-3 days and store them temporarily.

Read:   Coconut Farming Business Guide for Beginners

Generally, the yield of nuts varies enormously from 1 to 45 kg/tree/year. The yield of the cashew apple is 8-10 times the nut yield.

Frequently AQs About Starting a Cashew Farming Business: Q1. Is cashew farming profitable?

Ans: Yes, cashew farming can be highly profitable due to the increasing demand for cashew nuts worldwide. Q2. How long does it take for cashew trees to produce nuts?

Ans: Cashew trees start producing nuts around 2-3 years after planting. Full production is typically reached in 6-8 years. Q3. What are the common challenges in cashew farming?

Ans: Challenges include pest and disease management, unpredictable weather conditions, and market fluctuations. Q4. Can I grow cashews in my backyard?

Ans: Yes, cashews can be grown in backyards if the climate and soil conditions are suitable. Q5. How can I find buyers for my cashew nuts?

Ans: Connect with local markets, exporters, and processors. Online platforms and agricultural exhibitions are also good avenues for networking.

The Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium-scale businesses.

Cashew Farming In India: A Complete Step-By-Step Guide

Cashews are one of the most cultivated nuts in India due to its ever-increasing demand. The nuts that came from Brazil has its place in every Indian’s heart. Cashew nuts are loved and appreciated by people of all age groups and it also holds a nutritional value that is important for the health.

Apart from seeing as a healthy food option, cashew nuts also get consumed as a snack in India in various forms such as salted cashew nuts, spicy cashew nuts, roasted cashews, etc. It is a known fact that the production of cashews is more in India as compared to the other nuts. It also provides a large range of business opportunities due to the increased demand in the market.

The import and export of cashew nuts are also a very interesting business plan because the consumption of cashews in the different parts of the world is noteworthy. And that is why cashew farming is a booming business in India.

Cashew Farming or Commercial cultivation of cashews has been a significant part of farming in different states of India. It is evident in Goa, Odisha, Maharashtra, West Bengal, Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh.

Climatic Conditions for Cashew plantation

Cashew farming is carried out usually at high temperatures. Mild summers are a great time to do the farming of cashews. Prolonged exposure to low temperatures can cause the young plants to frost. On the other hand, exposure to a temperature above 35 degrees Celsius for a long period of time can affect the fruit retention.

The ideal condition for cashew farming is the temperature in the range of 20 degrees Celsius to 30 degrees Celsius. Along with this, the area with precipitation of 1000 to 2000 mm is considered ideal for cashew farming. Cashew cultivation needs at least three to four months to produce cashews.

Selection of Soil

The selection of soil should be done very carefully because it can affect production. An interesting fact about cashews is that they can be grown even in poor soils, however, if the soil is of good quality then the production and quality are more likely to increase.

Cashew farming is done best on sandy soils. The soil should be well-drained and however it could face the mineral deficiencies but that could be added additionally. Clay soils with alkaline pH are not suitable for cashew production. Cashew farming needs a slightly acidic pH for production.

The best kind of soil for cashew plantation are coastal sands, lateritic soils, and red sandy loams with a pH slightly less than 7.

Commercial Land for Cashew Plantation

Cashew farming will need you to have a commercial unit for the cultivation. The area for cashew plantation first needs to be plowed and then leveled. The cost of commercial land for cashew production depends on the area and location.

The land needs to be prepared before the farming of the crop. The ideal time for the preparation of land is from May to June. It is also the time when digging up the holes for seedling transfer should be done. You need to dig the holes up to 60cm x 60cm x 60cm.

The procedure of Cashew Plantation Crop

For the plantation of the crop, the first thing you are gig to need is the seed. To check whether the seeds are good for planting or not you need to put them in a container of water, then check for the seeds to sink. The seeds that sank are good to go.

Then after this, the selected seeds should be placed upright in a small container or bag which is filled with loose soil as mentioned above. After the seeds are started to grow in the container they should be transferred in the planting land.

While selecting the container for seeds planting to make sure it is about 350 to 400 mm long because the roots of cashews grow at a faster rate.

Area for Plantation

The area of plantation basically depends on the production scale. The planting space for your cashew farming is recommended to be of 8 m x 5 m. The growth of cashew trees happens at a fast rate so when the trees’ branches start colliding with each other the alternate row should be removed.  This is more likely to happen in the 3 years of the plantation of trees.

Grafting Method of Cashew Plants

The grafting of cashew plants is done in two different ways, the first is side grafting and the other one is wedge grafting. Wedge grafting means the grafting of the healthy branch of one tree and then it gets transferred to another plant for desirable results.

On the other hand, side grafting refers to the technique where the scion has attached to the side of the branch as well as the aerials heads that permit it to grow.

Grafting should be done within 3 to 4 months of plantation and later that it must be transferred to an orchard, this will help the taproot in being straight.

Cashew Seedlings

The cashew seedlings should be placed under a shade, the process of transferring of the seedlings should be done at a proper age of the plants as well as the plants need to be taken care of for a significant amount of time. The plants should not be disturbed at this age especially the root area. If you disturb the root area, the plant will not provide good results.

Mulching Requirement

Mulching is defined as the process in which the topsoil is covered with various materials and organic matter, this helps in preventing the erosion of the soil. The process of mulching is necessary for cashew production as the cashew production is done on wasteland where the soil moisture is low therefore to retain the soil moisture it is necessary.

Irrigation of Crop

Irrigation process is of great significance in cashew farming especially at an early age where plants are short. The farming of cashews is done in the dry season and that only makes the demand for water rise higher. When it comes to mature trees, they do not require as much water production.

In fact, they could go months without the proper irrigation system because cashew trees are deep-rooted in which water can be retained for several months.

Manure and Fertilizers

Manure and fertilizers play a significant role in the farming system of India. However in cashew farming, their role is very limited. To ensure the right amount of organic matter in the soil, farmyard manure is used. The per plat requirement of manure is 10 to 15 kgs.

When it comes to fertilizers, it is used in cashew farming during two different times. The first is during the time of May and June which is pre-monsoon season and the second is during the time of September to October, which is the post-monsoon season.

The spraying of pesticides and insecticides should be done compulsorily in cashew plantation. Reportedly there are 30 species of insects that affect the cashew crop so in order to prevent that pesticides and insecticides should be applied regularly. The pests and insects could affect the plants and severely and could the loss of as much as 30% in crop production.

Training and Pruning in Cashew Plants

The first year of plating in cashew farming is when the sprouts of the plants should be cleaned frequently. This process is important because the sprouts could suck up all the nutrient value from the fruit. In addition to this, they can also cause the grafted scion to die.

During the first 3 to 4 years, careful training and pruning of the cashew trees are very important because it will help them achieve proper shape. Pruning is done by the removal of lower branches of the trees. As soon as the tree crosses the age of 3 to 4 years, the pruning should be stopped.

The criss-cross branches of the plants should also be removed and they should be able to grow from maintaining a single stem. Proper staking of the trees is also very essential as it will help in preventing lodging of the plants through the wind.

Every two-three years the trees should be removed from criss-cross branches, dried woods, etc. this will help in keeping the plant healthy. The training and pruning of the cashew plants should be done during the time of August and September.

Harvesting of Cashews

After the process of pollination is done which is mostly through insect pollination, the fruit is expected to grow and develop within 6 to 8 weeks. After the fruit is developed the apple of the nuts enlarges for another two weeks. It is suggested to harvest the cashews as soon as possible after the nuts are developed.

The harvesting period for cashews is from February to May. The fruits are collected from the ground that has fallen after maturing. But if one wants to take advantage of the apple too, then they should be collected from the tree before they fall on the ground.

The apple of cashew nut is used for preparing syrup, jams, Fenni, juice, etc. The nuts should be collected on a weekly basis.

Processing of Cashews

The last step of cashew farming involves a series of steps. Processing is required for selling and exporting of the cashews. The cashew had to go through several steps in order to make it ready to consume. The processing of cashews involves the following steps:

• Preliminary cleaning

Now that everything is done, the cashews are ready to be graded and packaged. Cashew farming in India is definitely a flourishing business idea in India. The consumption of cashews is done at a great level in different parts of the world. The cashews get consumed in different varieties such as sweet, salted, caramelized, spicy, etc. Even though an entrepreneurial perspective, cashew farming makes a lucrative business plan.

The above mentioned is the detailed description of cashew farming. We tried to cover every aspect of cashew farming through this article. Do let us know in the comment section if this article was helpful, we always appreciate our reader’s valuable feedback.

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FEASIBILITY STUDY BUSINESS PLAN FOR CASHEW CULTIVATION20191008 41222 1azelrc

2019, Britech Plus+ Enterprises

Cashew (Anacardium occidentale), a native of Brazil, was introduced in Nigeria during the later half of the Sixteenth Century for the purpose of afforestation and soil conservation. From its humble beginning as a crop intended to check soil erosion, cashew has emerged as a major foreign exchange earner next only to tea and coffee. Cashew nut is one of the important nuts grown in the world and ranked first. Among various nuts such as hazelnuts, almonds, etc., cashew nut enjoys an unenviable position and it is an unavoidable snack in all important social functions especially in the western countries.

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Cashew (Anacardium occidentale L.) Is an evergreen perennial tree crop that produce hard greyish nut enclosing a white nutritious kernel. The kernel is one of the major edible nuts or snacks with increasing global demand. The world's largest and most active cashew production region is in West Africa; where Cote d’ivoire, Nigeria, Benin, Guinea-bissau and Ghana top the list of countries where it thrives best. Since 2014, cashew has become the second-main crop after cocoa in terms of export value, in these countries. It is one of the essential agricultural commodities that have significantly boosted the continent of Africa's GDP, foreign exchange profits, and overall worth due to the rising demand for raw cashew nuts. Cote d'ivoire has profited from a few research and development programs in nut quality control. Efforts are on to enhance the peel-ability of Nigerian cashews and to produce improved planting material with the help of private sector investment. Cashew cultiva...

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This study evaluates the occurrence of cashew plant, extraction processes and composition of cashew nut shell liquid (CNSL), modification and conversion processes, as well as environmental impact and controls of the liquid as petrochemical feedstock. The goal of this study is to bring the alternative usage of CNSL to the limelight and to mitigate the serious problems posed by the depleting petroleum reserves. Cashew nut shell (CNS) was obtained fresh from the wild, pulverized and then extracted by pyrolysis and solvent extraction methods using n-hexane. The liquid obtained was characterized. Experimental results corroborated the fact that CNSL contains mainly phenolic compounds such as cardanol, cardol, anacardic acid and 6methyl cardol. CNSL obtained by pyrolysis has a higher density with less moisture content, while solvent-extracted CNSL had higher contents of cardol and anacardic acid. CNSL offers innumerable applications due to the phenolic nature of its constituents, with ensh...

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This study was carried out to assess cashew industry in Nigeria. Trend analysis was carried out to observe cashew yield, quantity produced and area(s) where it is harvested in Nigeria from 1990 to 2020. The study observed a sharp decline in cashew production around 2011 and 2012. Although there had been improvement in the on-farm production of cashew in Nigeria in recent years, the fact remains that the country has not been able to match its production levels of the early 2000s. It is also recommended that government invest massively in cashew research as this will encourage collaboration among stakeholders and scientists to come up with ideas on how to tackle the challenges besetting the cashew sector both locally and globally. Cashew is not just a cash crop; it also serves as a source of food material for households. Hence, the role of cashew in food security in Nigeria could become very vital if production levels are improved. ereby improving their ability to afford other food products and also increase the local consumption of cashew. Therefore, efforts geared towards improving cashew production could improve food security in Nigeria.

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RePEc: Research Papers in Economics

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Cashew, a perennial tree well known as „poor man‟s crop‟ is a source of highly priced cashew nuts. India being the leading producer, consumer and second largest exporter of cashew in the world, has a prime position in cashew trade in the world market. But the productivity level of Indian cashew is far less than that of its close competitors viz., Vietnam, Nigeria, Cote de‟Ivoire, Philippines etc. The cashew processing sector in India is one of the largest in the world and has given huge employment to rural people especially the women folk. Some of the cashews processing industries in India are still under unorganized sector. Increasing demand for the nuts has necessitated the increased production. The present review is an attempt made towards understanding the Indian cashew industry in relation to its position in the global market, problems being faced by the cashew industry and the scope in future.

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Business Plan

Cashew Nut Farming Business Plan in Nigeria

by BusinessPlan Leave a Comment

It is no secret that cashew nut farming is a very lucrative business. In fact, when you visit several cashew farms, they prefer to allow you to eat the fruit as long as you don’t take away the seeds. This business presents an entrepreneur with so many opportunities.

Also Read: Cashew Nut Processing Business Plan in Nigeria

Nigeria is the sixth biggest producer of cashew nuts in Africa. This statistic shows that there is a huge demand for cashew farmers in Nigeria. Over the last few years, more farmers have begun engaging in cashew nut farming. This has increased the number of nuts sold on the international market.

Despite this fact, there is still an opportunity for new farmers to invest in this business. In this post, we will show you all you need to know about starting your cashew nut farming business in Nigeria. If you are ready, let’s get straight to business.

Sample Cashew Nut Farming Business Plan in Nigeria

This is only a sample business plan so it is abridged. However, it can be used for several purposes such as applying for loans and grants and running your cashew nut farming business. We put together this plan after carefully studying the market.

Company Name: Tom Cashew Nut Farm

Location: Kogi State, Nigeria

Industry: Agriculture and Food Processing

Business description and overview

After careful feasibility studies, Tom Cashew Nut Farm proposes to site its new cashew farm on the outskirts of Kogi State, Nigeria. From this location, we will cultivate our cashew and also process the nuts that will be sold to different parts of the country. We will not only focus on local sales, but we also intend to spread our tentacles into the international market.

Asides cultivating, processing, and selling cashew nuts and its products, we will also offer certain important services. Such services include advisory and consultancy services, logistics, and franchise services. All of these will allow us to meet our revenue goals within the stipulated period.

We do not only seek to generate profits, but we also intend to become one of the biggest competitors on the cashew nut market within and outside Nigeria. To achieve this, we must put ourselves through a lot of work and invest a lot in research and development. Part of our plan is to employ the best hands in the industry who have experience and are high-motivated. We will also invest in the necessary equipment for cashew nut production and processing.

Tom Cashew Nut Farm will site its facility in a region that will be easily accessible to its clients and employees. To this end, the facility will be made conducive to all workers with the required structures made available. We will also focus on our production processes to ensure that they are up to standard and we maintain low costs. This way we will be able to fix the best prices possible to encourage customer patronage and loyalty.

Business vision

Tom Cashew Nut Farm seeks to produce cashew nuts of the best quality that will be processed using quality standards. We also seek to be a leader in the Nigerian cashew market within the first five years of operation.

Business mission

We at Tom Cashew Nut Farm intend to cultivate the best business practices so that we can build a solid structure that will drive the business to be the best producer of cashew nuts on the continent.

Business objectives

Considering the company vision and mission statements, we were able to set out specific objectives for the company. These objectives are stated below:

• To encourage customer satisfaction which will lead to the recycling of patronage as well as referrals and most of all, customer loyalty.
• To attain a net profit of $50,000 with the first five years of operation.
• Boosting the company image and public awareness by ensuring that customers enjoy the best quality.

Keys to success

To ensure that business succeeds, here is a list of factors we have considered implementing.

• Competitive pricing.
• Building customer trust by producing quality products and delivering on time.
• Unique packaging.
• Employing professionals who have experience and are willing to work.
• Ensuring the satisfaction of both customers and employees.

Product and service offerings

Our company will be dedicated to the cultivation and processing of quality cashew nuts and other related products. We desire to create multiple streams of income from our farm which is why we will not focus on cultivation alone. In line with this, here is a list of our products and services:

• Raw cashew nuts.
• Processed and properly packaged cashew nuts.
• Franchise services.
• Storage and logistics.
• Consultancy services.

Competitive advantage

We expect that customer will be more interested in patronizing our brand because of the following:

• High-quality cashew nuts which will among the best on the market.
• The unique packaging of our products.
• Efficient customer care services.
• Fixing of the best possible prices on the market.

This being said, every business must find its competitive advantage to be able to thrive and make profits. To this end, Tom Cashew Nut Farm has carried out detailed research of the Nigerian cashew nut market. After careful considerations, we have been able to discover our competitive advantage which includes:

• The quality of our products and their packaging.
• Auxiliary services such as storage and logistics, consultancy, and training, etc.
• Competitive prices.

Business opportunities that abound in Cashew nut farming

There are so many business opportunities that abound in cashew farming. If you can tap into any of these opportunities, you will make huge profits and become successful. Some of these opportunities include:

• Food source. Cashew nuts are very healthy for human consumption. They can be eaten as snacks while the fruits can be processed into juice.
• Production of alcohol. Many alcohol producers the world over make use of cashew as one of the key ingredients for their manufacturing process. This is one of the reasons why you should invest in cashew farming.

A few facts about cashew nuts

There are so many reasons why you should invest in cashew farming. Some of these reasons are embedded in the benefits of cashew nuts. In this section, we will look at a few facts about cashew nuts.

• They are highly nutritious as they contain 25% carbohydrates, 46% fat, and 21% proteins.
• Cashew nuts are regarded as premium quality snacks.
• The shell of the nuts can be used for several purposes including waterproofing, lubricants, paints, and the production of arms.
• They are very high in calories.
• Cashew nuts are great for the heart as they contain a lot of monounsaturated fatty acids that are heart-friendly.

Types of cashew nuts

It is important to note at this point that cashew nuts are measured in Kernel Outturn Ratio. This ranges from 30 KOR to 50 KOR. However, there are different varieties of roasted cashew nuts based on sizes and their qualities. The types include:

• W180 – This is also known as the King of Cashews as they are larger and more expensive than the rest.
• W210 – Also known as Jumbo nuts. They are pricy as well, even though not as expensive as the W180.
• W240 – These cashew nuts are fairly large and they are fairly affordable.
• W320 – They are the most popular on the market and moderately priced. Most orders for cashew nuts are for this grade.
• W450 – These are the smallest and cheapest of the lot.

Get your Sample Cashew Farming Business Plan in Nigeria and feasibility study. pay N20,000 to:

Bank Name: Guaranty Trust Bank (GTB)

Account Name:  Chibuzor Tochi Onyemenam

Account Number: 0044056891

After payment, send your name, email address and “cashew farming business plan” to  07033378184

Starting your cashew nut farm

Here is a guide that you will find helpful when starting your cashew nut farming business. With this guide, you should find the process very easy.

• Acquiring farmland. Without the land, you pretty much cannot run this business. Find suitable farmland and either purchase or lease it. Make sure that the land suits the requirements for cashew farming before paying for it.
• After acquiring and preparing the farmland, the next step is planting. We advise that you purchase sprouting seedlings from a reputable nursery. To learn more about planting your cashew, we advise that you seek help from an established farm. You must get it right to avoid unnecessary losses.
• Harvesting and drying of the nuts. The time of ripening depends on your location. Once you notice that the fruits are beginning to ripen, it is wise to clear the surrounding area. Once they fall, you should pick the nuts within 2 to 3 days. After this, detach the apple from the nut using a sharp knife and dry the nuts on a clean surface.

Storing your nuts

The best way to store cashew nuts is in jute bags. This will ensure that the nuts enjoy the free flow of air. You can place the bags on wooden pallets so that they will enjoy good ventilation. Never place the bags on the floor else they will absorb moisture.

There you have it, all you need to know about cashew nut farming business in Nigeria. With these steps, you should find it easy to run this business. We know that you’ll need a business plan for this so you can reach out to us to help you out at a subsidized fee.

Get your Cashew Farming Business Plan in Nigeria and feasibility study. pay N20,000 to:

After payment, send your name, email address and “cashew nut processing business plan pdf, ” to  07033378184

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Cashew Nut Production Business Idea Description in 5 W’s and 1 H Format

By henry sheykin, resources on cashew nut production.

• Financial Model
• Business Plan
• Value Proposition
• One-Page Business Plan
• SWOT Analysis
• Business Model
• Marketing Plan

Are you curious about the lucrative world of cashew nut production? Look no further! In this article, we will unpack everything you need to know about starting a cashew nut production business: Who are the key players? What makes it a viable business idea? Where will the operations be based? When can you expect to see results? Why should you consider this venture? And, most importantly, how can you get started? With the US market size for cashew nuts soaring and the latest statistics indicating an increasing consumer demand, now is the perfect time to delve into this exciting industry. Stay tuned to discover the untapped potential and immense opportunities that await you in the cashew nut production business.

Key Takeaways

• The Nutra Cashew Cashew Nut Production Business Plan is led by entrepreneur John Smith, who will serve as the founder and CEO of the company.
• Nutra Cashew aims to produce high-quality cashew nuts in the United States using sustainable and transparent sourcing practices.
• The company will be headquartered in San Francisco, California, and establish cashew production facilities in the fertile regions of Central Valley, California.
• Nutra Cashew plans to launch its operations in 2024, with full-scale production and sales expected to commence by the third quarter of that year.
• The primary objective of Nutra Cashew is to become a market leader in the cashew nut industry in the United States, offering ethically sourced and environmentally-friendly cashews.

The Nutra Cashew Cashew Nut Production Business Plan is the brainchild of entrepreneur John Smith. He has extensive experience in the food industry, having successfully launched and managed several food-related ventures in the past. John Smith will be the founder and CEO of Nutra Cashew, overseeing all aspects of the business operations.

The major players in this business idea are:

• John Smith: Founder and CEO of Nutra Cashew

The owners of Nutra Cashew are John Smith and any other individuals who are involved in the business. Lenders and investors would want to know the people behind the company.

The ideal clients for Nutra Cashew are consumers in the United States who are looking for high-quality cashew nuts. The target audience for the business plan itself would be potential lenders and investors who are interested in supporting the growth and development of Nutra Cashew.

Nutra Cashew aims to sell its cashew nut products to a wide range of customers, including:

• Direct-to-consumer online shoppers
• Local grocery stores
• Specialty food shops

The competition for Nutra Cashew includes other cashew nut producers and sellers in the United States. However, Nutra Cashew differentiates itself by focusing on sustainable and transparent sourcing practices to meet the growing demand for ethically sourced and environmentally-friendly cashews.

The target consumer for Nutra Cashew is health-conscious individuals who value the quality and sustainability of their food choices. These consumers may be willing to pay a premium for high-quality cashew nuts that are produced using sustainable practices.

Nutra Cashew is a startup that aims to produce high-quality cashew nuts in the United States. The company will focus on cultivating and processing cashews using sustainable and transparent sourcing practices. Nutra Cashew will offer a variety of cashew nut products, including roasted, salted, and raw options, all of which will be produced in-house to ensure the highest quality.

What do you want to achieve?

The primary objective of Nutra Cashew is to become a market leader in the cashew nut industry in the United States. The company aims to meet the growing demand for high-quality cashew nuts while offering competitive prices to consumers.

What is your sustainable advantage?

Nutra Cashew differentiates itself by prioritizing sustainable practices. By focusing on transparent sourcing and environmentally-friendly cultivation methods, the company aims to build a brand recognized for its commitment to ethical and sustainable practices.

What do you offer?

Nutra Cashew offers a wide range of cashew nut products, including roasted, salted, and raw options. These products are produced in-house to ensure the highest quality. By offering a variety of options, Nutra Cashew aims to cater to different consumer preferences and dietary needs.

What do you produce?

Nutra Cashew specializes in the cultivation and processing of cashew nuts. The company produces high-quality cashew nut products, ensuring that each batch meets the highest standards of taste and freshness. From perfectly roasted and salted cashews to raw and unprocessed nuts, Nutra Cashew offers a diverse selection of cashew products to satisfy various consumer preferences.

What are your business objectives?

Nutra Cashew has set both short- and long-term goals that are attainable. In the short term, the company aims to establish its cashew production facilities and finalize its e-commerce platform by the first quarter of 2024. By the second quarter, Nutra Cashew will initiate its marketing and advertising campaigns to create brand awareness. Full-scale production and sales are expected to commence by the third quarter of 2024.

In the long term, Nutra Cashew aims to generate annual revenue exceeding $5 million with a profit margin of over 20%. By leveraging direct-to-consumer e-commerce sales and establishing strategic partnerships with local grocery stores and specialty food shops nationwide, the company plans to increase its brand recognition and customer base.

Nutra Cashew will be headquartered in San Francisco, California. The city serves as a thriving hub for entrepreneurship and innovation, providing access to a diverse talent pool and a vibrant business community. The central location of San Francisco will allow Nutra Cashew to easily connect with local partners and suppliers, as well as tap into the extensive market opportunities available in the United States.

Location of Cashew Production Facilities

The cashew production facilities of Nutra Cashew will be strategically located in the fertile regions of Central Valley, California. This region is known for its favorable climate and suitable soil conditions for cashew cultivation. By establishing the production facilities in this area, Nutra Cashew can ensure a consistent and reliable supply of high-quality cashews for its products.

Target Audience and Opportunities

The target audience for Nutra Cashew's products is broad and encompasses health-conscious individuals, gourmet food enthusiasts, and consumers looking for ethically sourced and environmentally-friendly options. By producing high-quality cashew nuts, Nutra Cashew aims to cater to the rising demand in the market for premium and sustainable food products.

• B2C Market: Nutra Cashew will initially focus on direct-to-consumer sales through its e-commerce platform. The entire United States will be the target market for online sales, with a particular emphasis on reaching health-conscious consumers who value quality and sustainability.
• B2B Market: In addition to direct-to-consumer sales, Nutra Cashew plans to establish partnerships with local grocery stores and specialty food shops nationwide. These strategic alliances will enable Nutra Cashew to increase its brand visibility and reach a broader customer base.

Future Expansion

As Nutra Cashew establishes itself as a market leader in the cashew nut industry, the company may explore opportunities for expansion beyond the United States. International markets with a growing demand for premium cashew nuts, such as Europe and Asia, could present lucrative growth prospects for Nutra Cashew in the future.

To reach its desired location, Nutra Cashew will execute a comprehensive business plan. This plan involves securing funding through a combination of sources, including a Small Business Administration (SBA) loan, angel investors, and venture capitalists. The capital raised will be allocated towards establishing the cashew production facilities, developing the e-commerce platform, and executing marketing and advertising campaigns.

By leveraging its sustainable and transparent sourcing practices, Nutra Cashew will generate revenue through direct-to-consumer e-commerce sales and strategic partnerships with local grocery stores and specialty food shops. The company aims to establish a strong brand presence, increase its customer base, and achieve annual revenue exceeding $5 million with a profit margin exceeding 20%.

We plan to launch our operations in the year 2024, specifically in the first quarter. By this time, we aim to have established our cashew production facilities in the prime regions of Central Valley, California, known for its fertile soil and ideal climate for cashew cultivation. Additionally, our e-commerce platform will be finalized to ensure a smooth and efficient online shopping experience for our customers.

In the second quarter of 2024, we will initiate our marketing and advertising campaigns to create strong brand awareness. Through targeted strategies and engaging content, we aim to reach a wide audience and establish Nutra Cashew as a trusted and preferred choice for high-quality cashew nuts.

By the third quarter of 2024, we anticipate commencing full-scale production and sales. At this stage, we will be able to offer a range of cashew nut products, including roasted, salted, and raw options, all produced in-house to guarantee the utmost quality and freshness.

Short-Term Objectives

Within the first year of operations, our primary short-term objectives include:

• Building a strong customer base through targeted marketing campaigns and establishing partnerships with local grocery stores and specialty food shops across the United States.
• Achieving a revenue of $1 million in our first year by meeting the rising demand for high-quality cashew nuts and offering competitive prices to consumers.
• Ensuring customer satisfaction by delivering consistently superior products, maintaining transparency in our sourcing practices, and providing excellent customer service.

Long-Term Objectives

In the long run, we envision Nutra Cashew to become a market leader in the cashew nut industry in the United States. Our long-term objectives include:

• Expanding our production capabilities to meet the growing demand for cashews while maintaining our commitment to sustainable practices.
• Developing new product lines and exploring innovative cashew-based food products to diversify our offerings and cater to evolving consumer preferences.
• Establishing Nutra Cashew as a household name, synonymous with high-quality cashew nuts, and capturing a significant market share in the United States.

Retirement and Exit Strategy

Looking ahead, we anticipate a successful and impactful journey with Nutra Cashew. However, we understand the importance of planning for the future and envision the following retirement and exit strategy:

In the year 2039, approximately 15 years after our planned launch, we expect to retire from Nutra Cashew. At this point, we aim to sell the company to a deserving buyer who shares our vision and values. By then, we strive to have established Nutra Cashew as a renowned brand, solidifying its market position and attracting potential buyers who recognize the value of our sustainable practices, strong customer base, and profitable operations.

Should we not find a suitable buyer, we are prepared to wind down operations and close the business by the year 2040. It is our commitment to ensure a smooth transition for our employees, customers, and stakeholders.

The Nutra Cashew Cashew Nut Production Business aims to provide customers with high-quality cashew nuts that are sustainably sourced and produced. Our focus on transparent sourcing practices ensures that consumers can trust the origins of our products. We offer a variety of options, including roasted, salted, and raw cashew nuts, all of which are carefully processed in-house to guarantee the highest quality.

Why would customers want our product or service?

Customers will choose Nutra Cashew because of our commitment to delivering the best cashew nut products available in the market. Our nuts are not only delicious but also ethically sourced and environmentally-friendly. We prioritize sustainable practices and aim to meet the growing demand for high-quality cashew nuts. By choosing Nutra Cashew, customers can enjoy our products with the assurance that they are making an environmentally responsible choice.

Why would a buyer want to purchase from us?

Buyers will be drawn to Nutra Cashew because of our dedication to quality and transparency. We differentiate ourselves from competitors by focusing on sustainable sourcing practices and cultivating cashew nuts in the fertile regions of Central Valley, California. Our in-house processing ensures that we maintain control over the entire production process, guaranteeing the highest quality product for our buyers.

Why are we in business?

At Nutra Cashew, our mission is to become a market leader in the cashew nut industry in the United States. We are passionate about meeting the increasing demand for high-quality cashew nuts while offering competitive prices to our customers. Our commitment to ethically sourced and environmentally-friendly cashews sets us apart and helps us build a brand recognized for its sustainable practices. We are driven by the opportunity to provide delicious and responsibly sourced cashew nuts to consumers across the country.

Why are we in this line of work?

We are in the cashew nut production business because we believe in the power of providing nutritious and sustainably sourced food to consumers. Our line of work allows us to contribute to the health and well-being of individuals while minimizing our environmental impact. We are driven by the belief that delicious and responsibly sourced cashew nuts should be accessible to everyone, and our mission is to make that a reality.

The structure of Nutra Cashew will be a limited liability company (LLC). This choice was made because an LLC offers the ideal balance of liability protection and flexibility for the business. As the founder and CEO, John Smith understands the importance of protecting personal assets and limiting personal liability.

Nutra Cashew will engage with a business attorney and small business advisors to navigate the registration procedures, rules, and liabilities associated with establishing an LLC. These professionals will provide valuable guidance and ensure compliance with legal requirements.

To achieve the company objectives, Nutra Cashew will hire a team of experienced professionals. These individuals will be responsible for various aspects of the business, including cashew cultivation, processing, marketing, sales, and customer service. By assembling a skilled and dedicated team, Nutra Cashew aims to ensure smooth operations and the delivery of high-quality products.

The steps taken to achieve the objectives include establishing cashew production facilities in the fertile regions of Central Valley, California, acquiring the necessary equipment for cultivation and processing, and developing a state-of-the-art e-commerce platform. Nutra Cashew will also implement effective marketing and advertising campaigns to create brand awareness and attract a large customer base.

Company Vision

Nutra Cashew envisions becoming the leading brand in the cashew nut industry in the United States. The company strives to be recognized for its commitment to ethically sourced and environmentally-friendly cashews, setting a standard for sustainable practices in the industry.

The vision of Nutra Cashew extends to expanding its product line to include innovative and unique cashew nut products, catering to diverse consumer preferences. The company aims to create a loyal customer base by consistently delivering exceptional quality, freshness, and taste.

Looking ahead, Nutra Cashew sees itself as a well-established player in the market, with a strong presence in both e-commerce and physical stores nationwide. The company aims to continuously innovate and stay ahead of market trends by investing in research and development. Through strategic partnerships, Nutra Cashew will expand its distribution channels and penetrate new markets, ultimately becoming a globally recognized brand.

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This African company is producing cashew nuts sustainably. Here’s how

Tolaro Global produces its cashews through 'a fair trade, thriving and sustainable farming community.' Image:  REUTERS/ Luc Gnago

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Stay up to date:.

Listen to the article

• The global trade in cashews is booming, more than doubling from 2000 to 2018.
• But farmers often miss out on the earnings from this crop.
• Tolaro Global, a West African company, uses sustainable methods and a community-minded ethos to produce its cashew products.
• It’s part of a global shift towards sustainable agriculture.

Nuts are tasty, highly nutritious, and – whether used whole or as an ingredient – they are big business.

An estimated five million tonnes of tree nuts (which include almonds, Brazil nuts, walnuts, hazelnuts, and pistachios) are produced each year and one of the world’s most popular varieties is the cashew.

Global trade in raw cashews more than doubled between 2000 and 2018 to 2.1 billion kilogrammes annually. But there are problems in the global cashew supply chain, including child labour and poor working conditions .

Now a company in West Africa is seeking to change that. Tolaro Global produces its cashews through “a fair trade, thriving and sustainable farming community,” according to its founders, Serge Kponou and Jace Rabe.

Crops are processed in the company’s own facilities, and a range of products are sold, including cashew flour and butter, and dry-roasted nuts in jars and packets.

Exporting raw nuts – and wealth

Africa is a hot spot for cashew production, accounting for almost two-thirds of the 2000 to 2018 growth. But African farmers are missing out on the potential earnings of this crop, according to the United Nations Conference on Trade and Development (UNCTAD).

“Countries that grow cashews but don’t process them at a significant scale retain only a small share of the value created as the nut travels from the farm to store,” says Miho Shirotori, who leads UNCTAD’s work on trade negotiations and commercial diplomacy.

In 2018, UNCTAD says, the export price of cashews from India to the European Union was roughly 3.5 times higher than the equivalent paid to cashew farmers in Côte d’Ivoire. That’s a 250% price difference that represents a flow of wealth and opportunities, not just cashews, from Africa.

“ African farmers, exporters and workers are missing out on a wealth of opportunities ,” Shirotori says.

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A fairer alternative

Tolaro Global, in the West African country of Benin, wants to change this.

The business employs over 600 people, trades with 7,000 cashew farmers and its processing plant handles around 6,000 tonnes of raw cashews per year. Over half of its employees are women, as well as three-quarters of management, while the average Tolaro farmer has increased their yield four times, according to the website .

Tolaro provides daily meals for its workers, as well as healthcare for them and their families, and free childcare in its own daycare facility.

Its employees also elect their own workers’ representatives to liaise with managers or handle complaints.

A shift to sustainable agriculture

The transition to more sustainable forestry, agriculture and commodity trade is a priority highlighted by the World Economic Forum's UpLink platform, which is encouraging participation in the Tropical Forest Commodities Challenge . Backed by the COP26 Presidency’s Forest, Agriculture and Commodity Trade (FACT) Dialogue and the Tropical Forest Alliance, the challenge wants to hear about new ideas for change in agriculture and related industries.

“The objective is to shift away from clearing land for production , towards optimizing already cleared or non-forested, non-High Carbon Stock and non-High Conservation Value lands,” the challenge organizers say.

Tolaro’s founders have, together with Rabe’s wife Sarah, also launched a non-profit working with local women and community issues , called Projects for Progress, and a trading business called Beyond the Nut, which promotes and sells some of the products from the Tolaro factory . This means more of the money from the cashew value chain stays not just within Tolaro, but within Benin, the company says.

Two billion people in the world currently suffer from malnutrition and according to some estimates, we need 60% more food to feed the global population by 2050. Yet the agricultural sector is ill-equipped to meet this demand: 700 million of its workers currently live in poverty, and it is already responsible for 70% of the world’s water consumption and 30% of global greenhouse gas emissions.

New technologies could help our food systems become more sustainable and efficient, but unfortunately the agricultural sector has fallen behind other sectors in terms of technology adoption.

Launched in 2018, the Forum’s Innovation with a Purpose Platform is a large-scale partnership that facilitates the adoption of new technologies and other innovations to transform the way we produce, distribute and consume our food.

With research, increasing investments in new agriculture technologies and the integration of local and regional initiatives aimed at enhancing food security, the platform is working with over 50 partner institutions and 1,000 leaders around the world to leverage emerging technologies to make our food systems more sustainable, inclusive and efficient.

Learn more about Innovation with a Purpose's impact and contact us to see how you can get involved.

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Cashew Nut Farming Project Report, Cost and Profit

Table of contents.

• Read Microgreens Farming.
• Read Almond Cultivation.

Cashew Nut Farming Project Report:

CASHEW NUT FARMING PROJECT REPORT – INTRODUCTION

Cashew is produced from a tropical evergreen tree, which is native to north-eastern Brazil. The tree is known to have existed since the 16 th century and was brought to India by the Portuguese. It is now cultivated in 28 countries having tropical climate. The fruit and the nut of the tree are both considered edible and have high nutritional value with a delightful taste. The fruit of the tree is called the pseudocarp. The trade of edible nut produced from this tree ranks second in the international market. The nut hangs below the fruit and it is curved in shape. The tree of cashew has a limiting factor such that it cannot tolerate frost and cold climate for a longer period of time. The life of a cashew tree is almost 60 years. The annual production of the raw nut on a global scale is 37.2 lakh tonnes produced in an area of 40.97 lakh hectares. The cashew nut farming was initially practiced to control soil erosion, but later on it emerged to become a major product for international trade. The cashew nut farming project report highlights the plant details, its importance, scope of development, its varieties, farming methods and requirements, cost and profit analysis and finally the support given by organizations to undertake cashew nut farming.

CASHEW NUT FARMING PROJECT REPORT – PROPERTIES OF THE PRODUCT

The cashew tree produces three things, which are traded on the international market: the nuts, the fruit and the nut shell liquid. The cashew nut is considered to contain carbohydrates, fibre, protein, calcium, magnesium, phosphorous, potassium, sodium, zinc, vitamin B & C, small quantity of DFE folate and fat.

• The presence of monounsaturated and polyunsaturated fatty acids reduces the risk of cardiovascular diseases and attacks by lowering the levels of LDL cholesterol.
• Magnesium helps in the enzymatic reactions in the human body, muscle relaxation and lowers the risk of abdominal artery calcification.
• The nuts help boost the metabolism in the body and contribute to weight loss when consumed in moderate quantity.
• Frequent and moderate use of the nut reduces the risk of gall bladder problems.
• The copper content in the cashew nut helps reduce the problems related to low bone mineral density. It also maintains the collagen content in the human body.

The fruit of the cashew tree contains a chemical on the skin called urushiol, which gives it a sweet astringent taste. People, who consume the fruit, initially steam it and wash it in cold water to remove the waxy substance from the skin. The apple/fruit of the cashew is consumed fresh, cooked or is fermented to form vinegar or alcoholic drinks.

The oil produced from the shell is a yellow colored resin and is composed of anacardic acids (70%), cardol (18%) and cardanol (5%). This oil from the cashew nut is used in preparing drugs, antioxidants, fungicides and biomaterials.

CASHEW NUT FARMING PROJECT REPORT – PLANT  CHARACTERISTICS

Identifying a cashew tree with these specifications would be easy.

• Large evergreen tree with a short trunk and irregular branches.
• The maximum height of the tree is 14 m and it spread symmetrically up to 25 m.
• The leaves are elliptical, broad, leathery and spirally arranged.
• The flower of the cashew plant develops at the panicle. It is initially pale green in color and then turns red. It has five slender petals. The flowers grow in clusters.
• The plant bears pear-shaped fruits which are red or yellow in colour and at the end of the fruit is the nut, which is double shelled and kidney shaped.
• The tree can live up to 60 years, but has nut bearing capacity only for 20 or 30 years at the most.

CASHEW NUT FARMING PROJECT REPORT – VARIETIES OF CASHEW NUT

Various research organizations in India have developed more than 30 varieties of cashew nut to be farmed at different regions and achieve practically good yield. The mean yield of all these varieties is 8 to 10 kg of cashew nuts per tree, i.e. one tonne of nuts per hectare of land.

• BPP 1, BPP 2, BPP 3, BPP 4, BPP 5, BPP 6, BPP 9/8, TNo.39 TNo.1, TNo.56, m44/3, BPP 10, BPP 11 are cashew nut varieties found in the state of Andhra Pradesh.
• Ullal-1, Ullal-2, Ullal-3, Ullal-4, UN-50, NRCC1, NRCC3, selection-1, selection-2, chintamani-1 are some varieties found in Karnataka.
• In Kerala, varieties such as anakkayam-1, BLA 39-4, K30.1, K-22-1, NDR-2-1, BLA-139-1, BLA-273-1, M-25/1, M262-2, M3/4, Madakkathara-1, Madakkathara-2, Dhana, and Priyanka are found.
• Vengurla (1, 2, 3, 4, 5, 6, 7 and 8) are varieties of the state of Maharashtra.
• Bhubaneshvar-1 and WBDC-1 are varieties from Orissa.
• Jhargram-1 is from West Bengal.
• Tamil Nadu cashew nut varieties are VRI (1, 2 and 3) and BRI-1.
• Madhya Pradesh produces one variety of cashew nut i.e. TNo.40.
• The varieties cultivated in Goa are Goa-1, Vengurla-4, Vengurla-7, Vengurla-8, Bhaskara (Goa 11/6).

CASHEW NUT FARMING PROJECT REPORT – CULTIVATION DETAILS

CASHEW NUT FARMING PROJECT REPORT – SOIL AND CLIMATIC CONDITIONS

The most suitable temperature for farming cashew is 30 to 38˚C with a relative humidity greater than 50%. Any region with hot, humid tropical weather conditions is congenial for the cultivation of cashew. The minimum altitude requirement is 700 m above the sea level. The plants don’t require heavy rainfall conditions. During the yield season, dry climate for four months is much favorable. The annual rainfall requirement for the cashew crops is 1000 to 2000 mm. Cashew plants can adapt themselves to any type of climate without affecting the productivity. The best soil suitable for this crop is well drained sandy loam soil with a hard pan. Also red sandy loam soil, lateritic soil, sand of coastal areas and soil with acidic pH are all suitable for the cultivation of cashew. Clayey soil, soil with pH more than 8 and soil with poor drainage facilities are not suitable for cashew plants. Flood and water stagnation can have bad impact on the cashew plants.

CASHEW NUT FARMING PROJECT REPORT – LAND PREPARATION AND PLANTING

Even before the pre-monsoon showers the land being used for cashew farming should be cleared thoroughly. Cashew plantations can have three different planting arrangements, such as square, triangular or rectangular.

• In a square system the spacing between the rows and plant columns is the same. If the soil is extremely fertile then the spacing is 8 m x 8 m, else if the soil is moderately fertile then the spacing is 7 m x 7 m and if the soil is having very low fertility then the spacing is 5 m x 5 m.
• In a rectangular system the spacing between rows and plant spacing varies depending on the land and purpose. For e.g. the spacing is 9 m x 7 m (fertile soil), 8 m x 6 m (moderately fertile soil) or 5.5 m x 4.5 m (light soil).
• In the triangular system, the space between the plants is equidistant such that the land can accommodate 15% more plants than normal.
• The dimensions of the pit are 60 cm x 60 cm x 60 cm and they can be dug manually or mechanically. The pits should be kept open for 15 to 20 days. The pits are covered with a mixture of top soil, Farm Yard Manure (20 kg), rock phosphate (400 g) and anti-termite compound (100 g).
• The soft wood grafts of 10 to 12 months old from a high variety cashew are used as planting material.
• The graft should be planted such that it is 5 cm above the soil. Supporting the graft with a stalk is important.
• The exact time for planting the graft is during the beginning of monsoon.

CASHEW NUT FARMING PROJECT REPORT – PROPAGATION TECHNIQUES

Multiplication of plants can happen either through seeds or by vegetative methods. The selection of the propagation method is highly important for the cultivation of cashew. Commercial cultivation of cashew requires cross pollination and vegetative propagation. The traditional method of farming cashew involved the planting of seeds such that 3 seeds were planted in a single pit. Now, vegetative propagation by different methods is being practiced. Practically soft wood grafting is a commercially best method of cashew cultivation. The other methods are:

• Softwood Grafting: A method were saplings are grown in the nursery to collect the root stock, the scion sticks are collected, grafting is done and care is taken until the plant shows signs of survival.
• In Situ Grafting: the same procedure is followed as in soft wood grafting, but instead of growing the seeds in the nursery, they are sown in the main farm area.
• Top Working: A method where the fully grown trees of cashew are beheaded and the cut ends are treated with chemicals to avoid diseases or bacteria. The scions of other high yielding variety cashew plants are grafted to the ends of these cut branches. This is mainly used method to improve the yield of less productive cashew plant.
• Air Layering: a method where mature shoots on the tree are removed and this removed part is planted in a growing medium to enable rooting. Once the roots develop, they are used as planting material. This is a very old practice and is no longer in use for cashew plants.

CASHEW NUT FARMING PROJECT REPORT – MANURE AND FERTILIZER REQUIREMENTS

Cashew plants respond well to the application of manure and fertilizers. These compounds are applied at various stages of the plant. Manure is applied during the first 15 days of planting. Fertilizer is applied to the plant at the base with a radius of 22.5 m and depth of 15 cm. The fertilizer quantity of the 1 st year of planting per plant is 50 g of urea, 175 g of rock phosphate and 85 g of muriate of potash. Similarly the nutrients for the plant during 1 st year of planting are 15 kg of FYM, 250 g of nitrogen, 50 g of P₂O₅ and 50 g of K₂O. If cashew is being cultivated as organic plant then nutrients are supplied in the form of oil cakes, green leaf compost, vermicompost, poultry manure etc.

CASHEW NUT FARMING PROJECT REPORT – IRRIGATION REQUIREMENTS

Cashew plants are basically rain fed variety. The plants require water for up to 3 years. Irrigation during the flowering and fruiting increases productivity and quality. When cashew is being cultivated in sandy soils, then irrigation is needed during summer months. Proper drainage should be provided to avoid water stagnation. Drip irrigation with drippers at a distance of 1 m from the crop during the flowering months (second fortnight of December to march) is observed to produce higher yields.

CASHEW NUT FARMING PROJECT REPORT – INTERCROPPING OF PLANTS

In the beginning for about 3 or 4 years other crops can be cultivated in the space between the cashew plants. Commonly cultivated intercrops are turmeric, groundnut, chillies, papaya, bhendi etc. This intercropping facilitates extra income to the farmers.

CASHEW NUT FARMING PROJECT REPORT – OTHER INTERCULTURAL ACTIVITIES

• Light digging should be done during the rainy season. Manual removal of weeds or hoeing can be an effective remedy for weeds. Agrodar-96 (2, 4 – D) @ 4 ml/l of water and Gramaxone @ 5 ml/l of water are sprayed for controlling weeds.
• Leguminous cover crops can be cultivated in the space between the plants to enrich the soil.
• The sprouts at the root stock in the initial years of planting should be removed for better growth. The cashew tree is properly shaped by training and pruning it in the first 3 or 4 years. Until the tree reaches a height of 1 m it should be allowed to grow as a single stem. Other weak or secondary branches are chopped off. Pruning of dried leaves and unwanted branches should be done once in every 2 or 3 years to facilitate proper and healthy growth of the tree.

CASHEW NUT FARMING PROJECT REPORT – PEST AND DISEASE MANAGEMENT

The common pests which destroy the cashew crops are:

• Tea mosquito – spraying 0.1% of carbaryl or 0.07% of phosalone during the flowering season can control the pests.
• Thrips – spraying 0.05% of monocrotophos and 0.1% of carbaryl are useful in pest control.
• Stem and root borers – 0.1% of BHC swabbing twice a year can help control the infestation.
• Fruit and nut borers – spraying 0.05% of monocrotophos can control the problem.

The plants of cashew are not affected by any serious disease except the powdery mildew, which can be controlled by spraying 2% sulphur.

CASHEW NUT FARMING PROJECT REPORT – HARVESTING THE CROP

The best harvest is obtained from the 4 th year of planting. Harvesting should be done from February till May. The harvest of the crop depends on the varieties used for planting and it is observed that the trees give complete yield almost in the 10 th year and it keeps increasing until the tree reaches 20 years. Fruit of the tree is removed and the nuts are separated. Harvesting is done on a weekly basis and on a clean land.

CASHEW NUT FARMING PROJECT REPORT – POST HARVEST REQUIREMENTS

Once the harvest is done the cashew is processed through the following methods:

• Shell separation.

Manual picking is done and the nuts are cleaned. Open pans or hot oil bath is done to clean the nuts. The roasting of nuts using the rotary method is efficient and hygienic. Manual shelling recovers the kernels as a whole and then they are air dried in hot chambers to facilitate peeling. Kernels that are sound are called whole kernels and that which are broken are called splits. Again the grading is done as white, scorched, dessert, etc. The whole nuts are graded differently and the splits are graded differently. The cashews are packed by the Vita Pack Method, which involves removing the air from the packing tin and pumping CO₂ and sealing the pack.

CASHEW NUT FARMING PROJECT REPORT – PRODUCTION TRENDS/YIELD

Analysis of the production based on the variety of cashew plant is helpful for the farmers understand the profit related to the cashew farming. The yield from different varieties is as shown:

• Bhaskara – 4.73 kg per tree.
• Madakkathara-2 – 4.45 kg per tree.
• Ullal-1 – 3.90 kg per tree.
• Ullal-4 – 3.67 kg per tree.
• NRCC selection-2 – 3.47 kg per tree.

The production of the nut also depends on the type of planting such as the normal planting (spacing: 8 m x 8 m) produced 737.88 kg/ha in the Bhaskara variety, whereas the yield was higher in the high density planting (spacing: 5 m x 5 m) i.e. 1882.54 kg/ha for the Bhaskara variety. The high density farming is not being adopted due to lack of awareness.

CASHEW NUT FARMING PROJECT REPORT – ECONOMICS (COST AND PROFIT ANALYSIS)

The model of cost and profit structure discussed here is just for a basic idea of investment. The actual cost may vary for different places using different varieties of cashew for cultivation. Also there could be hidden cost for the processing of the product. The amount mentioned here is a rough data estimated for farming, the practical values may fluctuate based on the market and the location. The data is estimated for 1 hectare of land.

Labour cost per day is: Rs 200 – Rs 300.

The cost of 1 kg of manure is: Rs 2.5.

Cost of 1 kg of fertilizer: Rs 40-50.

Cost of fencing material: Rs 45/meter of wire.

Cost of planting material: Rs 30-35/seedling.

Number of plants per hectare of land is: 178 (this may vary depending on the spacing between plants).

The production of raw cashew nuts after 3 years of planting is: 178 kg (the yield subsequently increases every year).

The cost of 1 kg of raw cashew nut: Rs 170.00.

The total cost of 178 kg of raw cashew nuts is: Rs 30,260.00.

The profit earned in the 3 rd year of planting is: (maintenance charges – income generated)     =      (Rs 30,260 – Rs 26,000) = Rs 4,260.

The profit from the cashew cultivation may change depending on the yield of the tree and the quality of the product. The local market demand should also be considered for the above estimation.

Please note that processed product has a different rate in the market and the raw cashew nut has to be processed accordingly to obtain the nut.

CASHEW NUT FARMING PROJECT REPORT- LOANS AND SUBSIDIES

• Agricultural department, Government of Maharashtra offers a subsidy of 8% on the loans (max limit 80,000). It also provides subsidy on the electricity charges for the processing units. There is a 100% subsidy on planting materials for scheduled caste farmers and the rest get a subsidy of 75%.
• The Cashew Export Promotion Council of India (CEPCI) funds the cashew farmers in India with the help of Agricultural Ministry. A subsidy of 25% is made available on the processing unit charges. For export oriented machinery a subsidy of 50 lakh rupees is capped.
• Banks in association with government agencies provide a loan of around 85 – 95% of the total cost of investment in cashew farming.
• Horticulture Development Program through the employment guarantee scheme provides 100% subsidy to increase the area under cashew cultivation.

CASHEW NUT FARMING PROJECT REPORT – HIGH DENSITY METHOD FOR CASHEW NUT

High density planting technology is for using the available land intensively and obtaining higher productivity. This method is good for areas where the soil is not very fertile and the plants take more time to grow and form the canopy. As the name indicates this method of farming involves planting of more saplings per unit area. The normal planting type accommodates 200 plants per unit area, whereas in high density planting the density of plants in a unit area varies from 312 to 625 depending on the spacing. The high density planting can be practiced for a period of 7 to 10 years. In this method the requirement of nutrient supply to the plants should be intensive; there should be proper pruning and irrigation availability. With this method, it has been observed that the cashew plants yield four times more than the normal method for at least 7 years. Beyond that the yield decreases gradually. This method is useful for conserving the soil, retention of moisture in the soil, controlling the weeds etc.

Read Microgreens Farming .

Read almond cultivation ..

There is a big mistake in calculation of profit.

Sale price of 1 kg raw cashew nut is not Rs 800. Cashew kernel is sold for Rs 800 ++. But this is cashew kernel, not the raw cashew nut.

You are confusing raw nut yield with kernel output.

The yield from raw cashew nut is only about 25%. Therefore 178 kgs will give you 44.5 kgs of kernel

Corrected the calculations. Please check. Thanks for catching the error.

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Cashew Nuts Production Business Plan (2024 DOC)

When it comes to crops in Nigeria , cashew also known as (Anacardium occidentale) is one of the important edible crops as well as serves as an export product, this is because of its industrial importance.

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Potentially, cashew nuts has not been fully harness for its industrial use, rather it has always served for food in this part of the world. Cashew is a seasonal seed profitable, income crop as well as has its importance to the body. The income generation of cashew can never be over looked, this has formed the basis of this article, which is centered at cashew nuts production .

GET YOUR CASHEW NUTS  BUSINESS PLAN IN NIGERIA. To place an order, pay the sum of N 10,000 to

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Account Name – Okite Joseph ikenna

Account No – 0044083736

After payment text your name, your e-mail address and bank teller number to 0 7039768549 and you’ll receive your CASHEW NUTS BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDY.

With our cashew nuts business plan, you can set up cashew nut production business that can earn you a whole lot of income on the long run. The fun part about this seed is that it is common and easily recognizable, profitable as well as the fact that it grows on an ever green trees.

Historically most Nigerian states have plantation where cashew nuts is grown on an estimated total area of 100,000 hectares of land with an estimated annual production of 80,0000 MT, this alone is said to have a 16% total production in the agro-ecological zone.

Another fun fact is that Nigeria has been the highest supplier of cashew nuts to countries such as India etc, and the estimated export income annually has been recorded at 23 billion naira. Nigeria is blessed with the land mass, good soil, this has contributed to the agricultural sector of the economy .

Cashew Nuts Production In Nigeria

Nigeria, before the discovery of oil has always depended on the agricultural sector for the sustenance of the economy, crops like cashew nuts were few of the lots that constituted the main cash crops.

Profitability Of Cashew Nut Business

Cashew nuts production business has become has been one of the sort after snacks for most Nigerians, have you ever thought about the number of travelers on the Nigerian road? Those who buy these snacks while travelling? These are few amongst the many customers who buy the cashew nut snacks.

Cashew nuts can also serve as a substitute for groundnuts, as very nutritious nuts, many customers even prefer cashew nuts to other snacks such as plantain chips and other snacks . This article is to encourage anyone who wants to go into cashew nut business that this is very profitable business when you put into consideration the number of potential customer base.

The fact is that the demand for cashew nut is high, this level of high demand also goes beyond the Nigerian border, as most countries need this nut, not just for eating but mostly for industrial use, as stated earlier in this article.

After payment text your name, your e-mail address and bank teller number to 07039768549 and you’ll receive your CASHEW NUTS BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDY.

What You Need To Set Up A Cashew Nuts Production Business

This article is particularly focused on  making money out of cashew nuts business, below are some business ideas you need to get started;

• Capital – Although not capital intensive, you still need some amount of money too get going, you can raise your capital through bank loans, grants etc…
• Get a Business plan – With your business plan, you can actually raise the capital needed for the business. Not only that, the business plan can also serve as a guide on the steps you get to take in order to start up your business venture.
• Location – Where do you want to set up your business, an area accessible to the people should be the target, most people prefer selling from there home and depend on home delivery.
• Packaging – Smart packs can be very attractive, this is the face of the business and most times can actually be the reason some people will want to patronize your cashew nuts business.
• Business name – What name do you want printed on the pack of your cashew nuts. This has to be an easy to remember name, could help if one wants to make a description of your products.
• Register with CAC – After selecting a business name, you now need to register your business name with the regulatory body in charge of registering business name.
• Market plan – How do you want to be known? You can use social media platforms, flyers, radio, TV etc.

NOTE – Our cashew nuts production business plan is regularly updated, customers can use it to apply for loans, write academic projects, access grants etc.

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How To Write A Business Plan on Establishing a Cashew Plantation in Nigeria

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Cashew is a tree crop, a small to medium tree, generally single-trunked and spreading in habit, up to 10-12m in height. In older trees, spread may be greater than height, with lower limbs bending to touch the ground. Leaves are thick, prominently veined, oval to spatulate in shape, with blunt tips and entire margins.

Most cashew trees start bearing fruit in the third or fourth year, and are likely to reach their mature yield by the seventh year if conditions are favorable. The average yield of nuts of a mature tree is in the range of 7-11 kg per annum. Although the cashew tree is capable of living for 50-60 years, most trees produce nuts for about 15-20 years.

Cashew is widely cultivated for its nuts and derived products in the West, East and South Africa and in South Asia, from Sri Lanka to the Philippines. Cashew is mainly grown as a cash crop by farmers across the world. Since it is grown in different habitats through cross-pollination, cashew production varies greatly in terms of crop quality and yield.

Nigeria, having a total area of 100,000ha cashew plantation and an average annual production of 80,000MT contributes almost 16% of the total production of the agro-ecological zone. Its production is 5% of the global situation.

Cashew cultivation is a capital intensive business and requires a experience. The farmer would need help in the follow areas

Land Preparation Planting Pest and Disease control Fertilizer Application Irrigation Harvesting

In Asia and Africa, more than 80% of the cashew cultivation is done by smallholding farms, ranging in size from 0.5-5 ha. Medium and large-scale commercial plantations amount to 10-15% of the total cashew production. Major cashew nut producing countries are Vietnam, Nigeria, India, Côte d’Ivoire and Benin. In India, cashew is grown in peninsular areas of Kerala, Karnataka, Goa and Maharashtra, Tamil Nadu, Andhra Pradesh, Orissa and West Bengal.

The country is the pioneer in cashew trade and processing in the world. India and Vietnam are the two major producers and exporters of cashew, accounting for 40% and 33% market shares, respectively. Brazil is another major exporter that supplies to the United States.

The largest cashew importers in terms of value are Vietnam, India, and the US. These countries together account for 85% of the total cashew import share, which signifies a concentrated nature of import trends. Other importers of cashew kernel are European Union, China, United Arab Emirates, Japan and Saudi Arabia.

Cashew crop is traded in several forms including cashew kernels, broken and whole, raw cashew nuts, roasted cashew nuts and cashew nut shell liquid. Brazil is currently focusing on trade events through its Agency for Promotion of Exports and Investments (APEX) for the popularity and growth of cashew trade.

Many small African countries like Guinea-Bissau are focusing on supply-chain development and competitive pricing to boost their export demand. However, due to the ongoing supply crunch caused by reduced production in Vietnam and Western Africa, the global cashew prices are expected to escalate in the near future. Shippers of Raw Cashew Nuts (RCN) have defaulted or negotiated new prices with the sellers in India and Vietnam.

On the other hand, the Ivory Coast is in a better condition in terms of production; the exports by the region have slumped due to high taxes and low prices that have forced the farmers to sell their produce in the neighboring countries.

During the last three years, Nigeria has been one of the leading suppliers of raw cashew nuts exported to India. Nearly 18,000 to 23,000MT of raw nuts per annum have been exported earning about N 23 billion annually.

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RAW CASHEW NUTS EXPORT IN NIGERIA; THE FEASIBILITY REPORT. CASHEW KERNEL PRODUCTION AND EXPORT IN NIGERIA; THE FEASIBILITY REPORT.

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• CASHEW JUICE PRODUCTION IN NIGERIA ,
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• CASHEW SHELL NUT LIQUID PRODUCTION IN NIGERIA ,
• HOW TO START A CASHEW FARM ,
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• RAW CASHEW NUTS EXPORT IN NIGERIA

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