BENEFITS OF YAM FARMING FOR BUSINESS.


Yam is a tropical crop that exists in over 600 species. Nigeria is the world leading producers of yam. Yam is a staple food belonging to the class of roots and tubers and it is a major consumable in the West African region. Despite Nigeria being the largest producers of yam, its high demand is hardly ever met. This has provided an opportunity for a profitable farming business for people who can invest into yam plantation farming. Yam is also associated with some social and religious functions and this also has increased the economic value of yam. The popular species of yam includes the water yam, the white yam, the white guinea yam and the aerial yam. There are major benefits associated with the production of yam and they include:
Yam is a major source of carbohydrates and low in fat and it constitute a good source of energy.
Yam is the major raw material for some processed food products like poundo yam and yam flour

Yam has some medicinal properties, useful for heart stimulants due to its chemical composition which are alkaloids of saponin and sapogenin.
Yam is useful for the industrial production of starch.

Ritualism and festivity is also associated with yam cultivation, yam festivals are held in the eastern parts of the country to mark the harvesting of the crop.
Some communities also associate yam with social functions like engagement ceremonies.

Yam is mostly easy to cultivate and survives on a wide range of soil type.
Harvested yams have a moderately shelf life of 5-6 months and this implies that it can be stored between harvest and consumption.

Yam farming business is a profitable venture that can be invested into on a small, medium and large scale.