Again, Prices Of Farm Produce Surge In Katsina
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- Agribusiness Africa
- May 25, 2024
- News & Analysis
The food crisis in Katsina State has worsened due to a resurgence in the prices of farm produce, exacerbated by economic challenges including inflation and foreign exchange shortages. Markets across the state, including Dandume and Bakori, have seen significant price increases: maize up to N72,000 per 100 kg, sorghum N68,000, and local rice N125,000. This has led to the closure of many small businesses, impacting households and farmers severely. Factors contributing to the crisis include naira depreciation, disrupted farming due to banditry, and global political conflicts affecting the food supply. Source: DailyTrust
Our Review The food crisis in Katsina State has intensified due to soaring prices of farm produce, impacting small businesses and households severely. Prices for staples like maize, sorghum, wheat, millet, and beans have risen sharply, affecting both urban and rural areas across Katsina, Kaduna, Zamfara, and Kano states. Farmers and traders lament unpredictable market conditions exacerbated by economic instability and inflation, with maize prices reaching over N70,000 per 100 kg and other commodities similarly inflated. Small businesses are shutting down, and families struggle to afford basic food items, prompting calls for government intervention and youth involvement in agriculture to alleviate the crisis.