Agric eCommerce in Nigeria

Fasting is over What can we expect in the agric market The bear is finally coming out even as the inflation figure is out, and with fasting done, this be it AGRIC PRODUCE OVERVIEW Food inflation has now dropped in 19 months by 0.23 to 22.72% can this be the bearish sign we await. Many may feel this drop is not significant but mind you that is the April figure, and the market is not in the past, but looking at the period of increase, it can be the awaited signal. Then today market fasting is done, let see more of this. Many of the country’s grains come from the north, where many of the population is Muslims, the fasting which will have to dampen labour and reduce the distribution of food could just be over and with increase farming, labour, and logistics. We can start to see a more competitive and drastic drop in some prices, hence the letter in the picture above. Product update; Let us start as usual the https://mailchi.mp/58cf1f485ce4/fasting-and-inflation

  Not only Nigerian is witnessing this, as it is now a global phenomenon, as investors now agree that we have started what can be described as a “supercycle” AGRIC PRODUCE OVERVIEW Let us start with, what is supercycle and does it affect the agriculture market and even our household consumption. The supercycle has been explained as a sustained spell of abnormally strong demand growth that producers struggle to match, sparking a rally in prices that can last years or in some cases a decade or more strong demand growth that producers struggle to match, sparking a rally in prices that can last years or in some cases a decade or more. The Supercycle is now a global effect which can be traced to various commodity, not new that we been experiencing continuous commodity prices especially Agriculture which is the focus of this newsletter market in Nigeria, and with a global awareness of this phenomenon, this might but more pressure on inflation which is market-driven. And the agric market whic