Harvest, Abundant, and Scarcity: An overview of Nigeria Food Market

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 increase in food, also noteworthy is the increase in oil that has always been a blessing and something to worry about for our country, with Uk. oil scarcity and China energy demand. This height cost of oil which peaks at the height of $80 per barrel could also affect the logistics of produce. Productivity has not all uniform across the country as the climate is hitting hard having some north states experiencing famine, like Jigawa, and others Flood like Yobe. All this coupled with the festivity demand can leave this curve not meet much expectation.

Join our mail list and be the first to receive an update; http://eepurl.com/g679SP

Comments

Basics things to know about different types of Beans in Nigeria

Arguably, beans is the most consumed agricultural food product in Nigeria mostly especially by student in various institution. Beans has a kidney like shape, while some are spherical in shape. Beans is very nutritious and a major source of protein. It other nutrient such as Vitamin A, protein, iron, vitamin B6, vitamin E . Beans can just be boiled or cooked in making of several recipe such as Akara, Moi Moi, and soup, locally, known as “gbegeri” In a tremendous quantity, most of brown beans compared to black-eyed beans in the country are abundantly cultivated by the farmers in northern parts of Nigeria such as Borno, Gombe, Kano, Sokoto, Yobe and Zamfara State. Types of Beans grown in Nigeria People prefer eating brown beans simply because it is more nutritious and it contains high concentration of protein. But ignorance has led many people into buying poor quality and mixed beans in an open market. In an open market, different kind of beans are begin mixed together, adult

10 Reasons you should embrace Agric Ecommerce in 2020

Technology has become more and more strategic in Agriculture, especially in Nigeria. We will look at while Technology companies are paying more and more attention on Agric Let first look at the state of Agric in Nigeria Agriculture was regarded as the main stay of the Nigerian economy from the inception of the first decade after independence in 1960. According to data Agriculture contributed the largest quota to the gross domestic product of the country And now Agric Produce is a fundamental in any food, and has online shopping has been making life easier, for our foodstuff this should not be an exception. With distances from the farms, alot of chains (middle men), and to the environment of the market not to talk of inconvenience of time. Digitising is a needed solution Today we will highlight, why you should shop for your food items online 1 . Agric Ecommerce can easily provide with a direct and fresh farm produces; Health, wealth and happiness been the major goal of every human. The

Backstage Story Of Our Delicacies

We all have heard and know that farmers feed the world but how? Unfortunately many don’t care about how this is possible (once their delicacy is on the table nothing else) This backstage story For farmers to feed any nation and people it lies heavily on distribution, distribution is how the food gets to you. Get to your doorstep, kitchen, and table. This story is just beginning because the geographic distribution of agriculture production is more north than south. While this is true, the journey of farm produce is alarming, hazardous and the worst part is traders' greed. Part 2: Traders’ greed Traders of this our must-have items have gone through a lot of logistics, networking to get this item in their retail shop. But like other traders that want to be the most to gain from this supply chain. They definitively deserve it after some have gone to the north to get items and store them. But not at the expense of our health with heavy storage chemicals, and re-bagging. This then tilts

Agric eCommerce in Nigeria

Search This Blog