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.

Laboratory-to-Product     Memunat Monsuma     Ayekale     Olaiya Victor Mobolaji     IsDB     TESCOM     Oba Abdulraheem     Bola Ahmed Tinubu     Saka Asiat Ayinke     Simeon Sayomi     Folashade Omoniyi     Saliu Alamoyo     Sherif Sagaya     All Peoples Party     Lukman Oyebanji Fagbemi     Sa\'ad Alanamu     Offorjama     Royal FM     Federal Road Maintenance Agency     Nigerian Medical Association     EFCC     Abdulmumin Yinka Ajia     Babatunde Idiagbon     Kwha.gov.ng     Zulu Gambari     Mohammed Yahaya Barki     Eruku     Rafiu Olasile     Emir Of Lafiagi     Ajakaye     Prince Sunday Fagbemi     Sheikh Ariyibi     Emmanuel Olatunji Adesoye     Bilikisu Oniyangi     Code Of Conduct Bureau     Col. Adedipe     Kayode Oyin Zubair     Umar Ahmed Gunu     Ahmed     Split Diamond Interchange     NURTW     Earlyon Technologies     Yusuf Babatunde Abdulwahab     Lucky Omoluwa     Agor     Oloruntoyosi Thomas     Damilola Yusuf     George Innih     Olatinwo     Kazeem Oladepo     Sidikat Akaje     Radio Kwara     Doyin Group     Tope Daramola     PharmAccess Foundation     Gobirawa     Sheikh Ridhwanullah El-ilory     Osuwa     AbdulKareem Yusuf Danhawa     REO CAKES     Muhammad Sirajo Aliyu     Ridhwanullah Al-Ilory     Labaeka     Kwara-SAPZ Project     Ayobami Akanbi     Joseph Daudu     Alaaya     Yakub Lai Gobir     Alikinla     Sheikh Ridhwanullah     Moro     Amusement Park     Tosin Saraki     Solomon Edojah     Ganmo     National Broadcasting Commission     Aminat Omodara    

Cloud Tag: What's trending

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

Ahmad Olanrewaju Belgore     Raheem Adaramaja     Oni Adebayo     Kwara State Coalition Of Business And Professional Associations     Gbemisola Oguntimehin     ENetSuD     Baakini     Sebastine Obasi     ANCOPPS     New Nigeria People’s Party     Issa Manzuma     United Nigeria Congress Party     Chemiroy Nigeria Limited     Oye Tinuoye     Majlis For Sadaqah, Zakat And Waqf     UNILORIN Alumni     Gbadeyan Gbadura Yomi     Government High School (GHS), Adeta     Tope Daramola     Share/Tsaragi     Ibrahim Abdulqadir Abikan     Bisi Kristien     Shuaib Abdulkadir     Mufti Of Ilorin     Medinat Folorunsho Salman     Just Law Forum     Gbenga Awoyale     Eghe Igbinehi     Ganmo Electricity Sub-Station     John Kehinde Salako     Otuka     Bayo Mohammed Onimode     3MTT     Moses Adekanye     Gabriel Fashanu     Adamu Atta     Temi Kolawole     Sidikat Alaya     Elelu     Jebba     Ilorin Descendants Progressive Union     Aisha Ahman-Pategi     Isiaka Rafiu Mope     Aso-ofi     Mahmud Babatunde Baker     Mufutau Olatinwo     Suleiman Abubakar     Standard Organization Of Nigeria     Kwara Central     Yemi Osinbajo     Ayeyemi Sulaiman     N-Power     Ibrahim Akaje     Volunteers Of Ilorin Community And The Emirate     Samuel Elizabeth Keatswa     Muhammad-Mustapha Suleiman     Aro Yahaya     Aliyu Kora Sabi     Yusuf Amuda Aluko     International Aviation College     Saka Abimbola Isau     Mukhtar Shagaya     Mazars Consulting     Ilorin Metro Park     Busari Toyin Isiaka     Bursary     Olabimpe Olani     Bankole Omishore     Col. Adedipe     Isa Aremu     Valsolar-Kwara Company Limited     Ibrahim Issa Jetti     Olaiya Victor Mobolaji     Sheikh Ariyibi     Segun Olawoyin     Sarah Alade     Ubandawaki