Agric eCommerce in Nigeria

  Is Beans now on a free fall, could this be what we are expecting? Happy new month and independence, the economy has enjoyed its roller coaster and here we are with some harvest getting ready for distribution. AGRIC PRODUCE OVERVIEW Beans Price Plummet; The price of beans which continues to reach all-time height has taken a turn around, first let us examine this bearish run and let us hope it last before festivity season demand catches up. As forecasted the beans market has a dip and this is expected to continue as the previous height is just too extreme, but still we can't be expecting a return to a 50kg bag for ₦14,000 as of last year. As the supply chain has completely changed and measuring an Agriculture produce cost and productivity is denominated by the index of input cost, which has likewise changed. And the figure is not lying about this as the core inflation index that represents energy and food continues to experience a height. As this harvest will continue to reduce the

  The new state of the Agriculture market and festive season hopes We have been talking of harvest, rain, and more supply in this newsletter but when this season is here and we have only seen a slight drop in price. Is this the new norm? AGRIC PRODUCE OVERVIEW Welcome back from holiday, one thing that can’t be on holiday is food, it comes to memory last year when many are fighting, climbing, doing all sort for so-called free food, anyway. It brings to not how important this industry is Let us jump right into it. Quick fact sardine has increased over 100% in 3 months, you might think this does not concern a lot of people but so is the case of many of our core product too, Even as we have the agriculture potential (Africa have 65% of the world arable land) but yet to really experience green revolution, and industrialization that could help ease this. The fact is that food is not only rising in Nigeria but Globally and as we may shift to technology to ease things, The Africa land advantag