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Do you want to know the steps to setting up a rice milling business? Do you want to know how to get your own custom package rice product to sell? This article will show you all the steps involve.In our earlier article, we have discussed in details how to start a rice farming business. The steps discuss will help you put your rice business idea into reality. Today, I will be sharing the procedures to starting a rice milling business.
Rice is a staple food in most of the countries in the world. The rice farmers grow, sell the rice and use it as the major daily food source. Rice milling business has been around for a long time. Especially in countries where rice farming is their major source of income. According to reports, the middle east is the leading import and export region. This account for 35% of world’s rice imports and about 75% of total exports. However, rice milling business is one of the business in the agriculture that grows fast and help in economic development.
What is rice milling?
This is the step in the post production of rice that involves the removal of husk and bran layers, which produce rice that can be edible free of impurities.
The rice comprises of about 20% of husk and 11% bran layers, which leaves you with about 69% edible rice free from impurities.
Want to start a rice milling business? Do you want to invest in rice milling business? If your answer is yes, read on. In this article, you’ll have a complete overview on how to start and run rice mill business.
The raw material is available
The major raw material is rice cultivated from the rice farmers. It’s going to be difficult to run out of it. Because more people are starting their rice farm.
You can find people who will need the services of your rice mill in removing their husk and padding.
Profit can come from the husk too
Apart from the services and the product you do, the rice husk can also make you profit. The husk is used to create poultry feed and sheep.
You’re reducing unemployment
Modern rice milling process requires the use of modern rice milling machines which will be handled by people you employed. It simply means you’re reducing people redundancy by creating job opportunities.
Challenges of the rice milling business
It can be capital intensive
Modern rice milling machines are what makes the milling process easier and get the desired finish product. But the machines can be capital intensive. For many who are not financially buoyant, you’ll need to find investors who can invest in the business. And you can’t find someone to finance the business, it becomes really difficult to put the rice milling business idea to work.