Fasting is over

What can we expect in the agric market

The bear is finally coming out even as the inflation figure is out, and with fasting done, this be it

AGRIC PRODUCE OVERVIEW

Food inflation has now drop in 19 month by 0.23 to 22.72% can this be the bearish sign we await.

Many may feel this drop is not significant but mind you that is April figure, and the market is not in the past, but looking at the period of increase, it can be the awaited signal. Then today market fasting is done, let see more of this.

Many of the country’s grains comes from the north, where many of the population is Muslims, the fasting which will have dampen labour and reduce distribution of food, could just be over and with increase farming, labour and logistics. We can start seen more competitive and drastic drop is some prices, hence the letter in the picture above.

Product update;

Let us start as usual the

https://mailchi.mp/58cf1f485ce4/fasting-and-inflation

Lori iro, food price in the market is skyrocketing

TimmyA:
Lori iro, food price in the market is skyrocketing

Yes oo.
But some how this is usually our response to everything positive about Nigeria. Just thinking

Things are still costly in market and price of commodities has not reduced

Adeeda:


Yes oo.
But some how this is usually our response to everything positive about Nigeria. Just thinking

Has the price of food commodities in your area start reducing, some people just choose to live on lies and denial of what is obtainable