Experts predict the global market for slurry to grow substantially over the next seven years, thanks to increasing demand from emerging market countries. People need manure and related products to increase crop yields and the efficiency of the harvest.
Getting into the slurry business, therefore, might be more profitable than the average entrepreneur imagines. Selling animal poop has its benefits.
In this post, we take a look at the process you'll need to follow if you want to make your manure business a success.
Consider the following:
Plan Your Manure Supply
As a first step, you'll need to plan your manure supply and get a sense of how much you can supply to market (and when). Think about how long it'll take for the slurry to compost and become usable by farmers. Use that in your demand planning calculations so that you have enough stock to distribute when demand peaks and prices are at their highest.
Contact Local Regulators To Discuss Manure Regulations
Manure sellers usually have to follow many regulations before being allowed to sell their products to the market. Some states and territories see slurry as a biohazard. Check with your local university or state planning department for laws in your area.
Arrange For The Correct Licenses
Suppose you need any licenses or permits from the government or local authorities. In that case, you'll probably have to apply for these immediately before being able to sell any slurry on your premises. You'll need to submit to an inspection or audit of your facilities and processes in some locations. Usually, you'll have to pay for this, but once this is out of the way, you have the go-ahead to sell to the market.
Build The Correct Processing Facilities
Collecting manure, storing it, and distributing it requires the correct equipment. Your goal is to transfer the slurry from animals' output to distribution trucks that can take the product to market.
To do this, you'll need a collection mechanism, butterfly valve pipes to control the flow of slurry, vats, and pumps. There are set industry protocols for this that you can find in agriculture publications.
Arrange Transportation Services
Most slurry businesses outsource transportation to third-party providers. You could technically arrange your own transport. But it is usually cheaper to get somebody else to do it, especially if you are focusing on the collection side of the business.
Purchase Bagging Equipment
Once you process the slurry and it becomes more like manure, it's time to start the bagging process. Usually, this is a relatively low-cost operation that helps you cut out the middle-man and sell directly to the market.
If you perform bagging on-site, you can usually avoid some of the high costs of using specialist slurry-transporting trucks. This way, you can protect your margins while also ensuring the quality of the final product.
Find Out Of You Can Use Your Product For Electricity
Currently, there is a valuable market for waste electricity generation. Margins here could be higher than selling manure for agricultural applications, so check first before eliminating your inventory.