Yam Price Drops in Kwara As Commodity Flood Markets

Date: 2021-08-25

The price of yam has dropped considerably across various markets in Kwara State, Daily Trust has observed.

The development, it was gathered, was due to the harvest season of the commodity by farmers across the state.

To this end, many farmers have flooded various markets in the state with their harvest of the produce leading to about 40 per cent drop in the prices according to a market survey conducted by our reporter.

A farmer, Amos Azeez, from Kaiama, who brought his produce to Ganmo Market to sell, said his tubers of yam did well this year because of the fertility of the land.

"You can see that the tubers from Kaiama performed better than those from other part of Kwara," he said.

A yam dealer, Mrs Omolola Yusuf, said that the prices of tubers of yam were good for now since the tubers were still being harvested.

Mrs Grace Agboluaje, a buyer, expressed delight at the sight of the new yam, noting that the development has forced down the price of yams in the markets.

"Since coming of the new yams into the market, the prices of old yam tubers have gone down. Old yams, which sold at N800, now sell between N500 and N600 while the new yams are sold between N300 and N600, depending on the size," she said.

She further said yam is more affordable now that the rainy season has brought in much fresh food, an indication that farmers experienced bumper harvests in spite of herders' infractions on farm land.

Also speaking, Zainab Ibrahim, another yam seller, said that six tubers of yam that previously cost N3,000 now sells for N1,200 while the price of 60 tubers of yam had dropped to 18,000 from N30,000.

Ibrahim said that the price of yam would further drop as the harvest period lasted.

She however, observed that exportation of yams would limit the drop in the price of yam this harvest season.

A yam seller at Ipata Market, Jumoke Aduroja, said that five big tubers of yam previously sold for N4,000 now cost N2,500.

Jumoke added that five small tubers which cost N2,200 before harvest now sell for N800.

Similarly, at Mandate market, five big tubers of yam now cost N3,000 as against N4,500 before the harvest.

A food seller at the market, Tawa Olorunoje, attributed the fall in the prices of yam to the ongoing harvest of farm produce.

A farmer, Fatahi Adebayo, identified high cost of farm inputs and transportation occasioned by bad roads as factors inducing price spikes.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Economic And Financial Crimes Commission     Buari Edun     Oluranti Idowu     Ileloke     Ibrahim Orire     PharmAccess Foundation     Olaiya Lawal     Afeyin-Olukuta     Niyi Osundare     Ganmo     Oke-Ero     Tunji Arosanyin     Sunday Popo-Ola     Kwabes     Kunle Akogun     John Obuh     Police Commissioner     AGILE Programme     Wahab Egbewole     Saheed Alakoso     Theophilus Oyebiyi     Yusuf Arowosaye     COVID-19 Palliatives     Ramadhan     Alanamu     Just Event Online     Mubarak Oladosu     Isiaka Saka Opobiyi     HAMFAT Clinic And Maternity     Olatunde Olukoya     Abdulkarim Adisa     CBT     Kwarareports     Idowu Aremu     Fatai Garuba Labaka     Ahmed Bayero     United Nigeria Congress Party     Yakubu Mohammed Abdullahi     Haruna Tambiri Mohammed     Vasolar     Abdulganiy Abimbola Abdussalam     Zulkifli Ibraheem     Ajibola Ademola Julius     Balogun Ajikobi     Minimum Wage     High Court     Bola Magaji     AbdulRauf Keji     Arinola Fatimoh Lawal     Yusuf Amuda Aluko     Clara Nwachukwu     Bolaji Aladie     Abdulwasiu Bolaji Adeyi     Simon Sayomi     Saudat Abdulbaqi     Afonja     Abdulraheem Olesin     Kale Belgore     Teachers Specific Allowance     Ayo Salami     Ilorin Curfew     Ibraheem Adeola Katibi     Abiodun Oyedepo     Ibrahim Taiwo     Kwara Politics     Shehu Jimoh     Government House     Radio SBS     Abdulquawiy Olododo     Apata Ajele Secondary School     Aminat Ahmed     Afolabi-Oshatimehin Adenike Harriet     Kwara Poly     Muazam Nayaya     Road Transport Employers Association Of Nigeria     Gabriel Fashanu     Abdulahi Abubakar Bata    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ibrahim Mohammed     Tricycle Owners Association Of Nigeria     Abdulganiyu Oladosu     Ilorin South Constituency     Haleeman Salman     Siraj Oyewale     Teachers Specific Allowance     Emir Of Shonga     Yomi Ogunsola     Olaiya Zuberu     Atunwa     Joseph Bamigboye     Salman Suleiman     Durosinlohun Atiku     Kale Bayero     African Democratic Congress     Adamu Jemilat-Baki     Joseph Yemi Ajayi     All Peoples Party     Federal Road Maintenance Agency     Mohammed Khadijat Kubura     Mohammed Katsina Ahmed     Ridhwanullah Al-Ilory     LEAH Charity Foundation     Aliyu Salihu     Idowu Laro     Ishaq Abdulkarim     Ejidongari     Raliat Elelu-Habeeb     Peculiar Allowance     Baba Isale     NIPOGA     The Herald     Gwanara     Photo News     Abdulrazaq Akorede     Mutawali     Abdulbaqi Jimoh     Raimi Iyanda     CCEPE     Kannike     Akanji     Asiwaju Bola Tinubu     Balogun Fulani     James Ayeni     Binta Sulyman     Clement Yomi Adeboye     Dagbalodo     Kwarareports     Kunbi Titiloye     Adedipe     Aisha Ahman Pategi     Owode Market     Olaitan Buraimoh     Suwa-Arabs     Kola Olota     Lotus Bank     Chief Imam Of Omu-Aran     Najim Yaasin     UNILORIN Alumni Association     Mope Dasuki Belgore     Siddiq Adebayo Idowu Salawu     Aliyu Kora Sabi     Tunji Ajanaku     Wole Oke     Jaiz Bank     Idris Amosa Saidu     Tunji Oyawoye     Mohammed Danjuma     Dogara     Presidential Election     Oke-Ogun     Ishak Mohammed Sabi     Adeniyi Ojo     Ahmed     Oba David Oyerinola Adedunmoye     SGBN