Prices of farm produce appreciate in Katsina markets

The prices of some farm produce at Katsina markets appreciated in the Christmas and New Year season, DailyTrust reports. Some weeks back, the price of 100kg sorghum was sold for about N5,500 but it now cost N7,500, said some farmers interviewed by this reporter. Umar Audi, one of the farmers stated that they were shocked […]

The prices of some farm produce at Katsina markets appreciated in the Christmas and New Year season, DailyTrust reports.

Some weeks back, the price of 100kg sorghum was sold for about N5,500 but it now cost N7,500, said some farmers interviewed by this reporter.

Umar Audi, one of the farmers stated that they were shocked by the initial price of sorghum until recently when they realised it has a bright future in the market.

“As you have seen, sorghum was not produced much this year because of how most farmers concentrated on rice production; that is why some of us who produced sorghum expected its price to be high initially but to our surprise it started at N5,500 but thank God it is now N7,500,”Audisaid.

He added however that the only farm produce that is ‘gold’ now in the market is rice.

“Because of the Federal Government’s policy of banning importation of foreign rice and closure of land borders, rice has become ‘hot cake’ in our local markets. A bag of paddy rice is now sold for N10,000 to N11,000 depending on variety. It is in highdemand.

Shu’aibu Sani, a grains dealer, told Daily Trust that beans, sorghum and chilly have bright prospects this year.

“Despite its bumper harvest, the price of beans remains stable. A100kg bad is now N12,500 and from all indications the produce, along with sorghum and chilly would have a bright future as far as market price is concerned.”