Commodity index for the week of November 8 – 15 as released by Novus Agro Nigeria indicates that in Dawanau market in Kano State, the cumulative average selling price for imported rice (50kg) for the week was N13,133, which wasn’t different from last week’s price; maize (white, 100kg) for the week averagely sold for N8,133 with a difference of N967 from last week; edible groundnut (100kg) can be purchased for N20,800 this week with a difference of N133 from last week; drum beans (Olotu, 100kg) sold for N25,267 this week, still as that of last week. Soybeans sold less this week for N12,600, which was by N500 difference from last week. Also, sorghum red sold for N10,967, a N1,133 difference from last week’s price. All the above mentioned commodities experienced changes in price except for beans (Olotu) and imported rice, which were not different from their previous week’s prices.
Bodija market in Oyo State had white maize (100kg) selling for N9,667; edible groundnut (100kg) went for N28,400; sorghum red sold at the same price of last week for N19,000 and soybeans also sold for same price as last week for N17,500; except for drum beans (olotu, 100kg) which sold for N38,000 falling slightly by N167, imported rice (50kg) sold for N13,300 differing less by N50.
In Gombe main market in Gombe State, imported rice (50kg) sold for N15,933, N67 less from last week’s price; soybeans (100kg) remained as it was for N15,000; white maize was sold for N9,000 and sorghum red for N15,000, N333 lower than previous week. Meanwhile, drum beans (olotu, 100kg) rose to N36,000, a little above last week’s price by N1000. At Maikarfi main market in Kaduna State, edible groundnut (100kg) remained unchanged at N27,000 as last week’s; white maize (95kg) went for N8,000, less by a minute difference of N50; prices for sorghum red and soybeans of 95kg and 100kg respectively remained constant as last week’s.

 

Related News