BEANS

The above result describes changes in the price of white Beans in the last one week. Result indicates higher variance in the wholesale and retail prices in Gboko main market, Benue state than other states in consideration. Moreso, similar wholesale and retail prices were obtainable in Mile 12 market, Lagos and Ninth Mile Corner Market, Enugu state. Best wholesale price for White Beans is obtainable in Garuba Shade Market, Taraba State.

GARRI

The above table indicates better wholesale and retail pricing per kilogram in Lagos state. Extreme high price was recorded in Enugu State which might have occurred as a result of low cassava production in the state. However, relative cheap price is obtainable in Dawanau Market, Kano State and Gboko Market, Benue State. More so, for better wholesale and retail pricing, minimum price for Garri can be gotten at Mile 12 Market, Lagos State.

MAIZE

Result shows highest price margin in Ninth Mile Corner Market, Enugu State while Dawanau Market, Kano State recorded the least Maize price per kg. More so, result indicates that Enugu State had the least comparative advantage on Maize production and thus had higher wholesale and retail prices. For better retail pricing, minimum price can be gotten in Dawanau Market, Kano State.

PADDY RICE

Above result indicates the average price of paddy Rice in Nigeria. Domestic Paddy Rice production has been on the increase by 3.2% bringing about lower importation of the commodity. Just like most other cereal commodities, results show that lower prices of Paddy Rice are gotten from Talata, Kaduna State.

SOYBEAN

Result shows higher price margin; Wholesale and Retail price in Mile 12 Market, Lagos State as a result of least comparative advantage in Soybean production while Dawanau Market, Kano State recorded the lowest Soybean price per kg. However, for better retail pricing, minimum price can be gotten in Minna Ultra-Modern Market, Niger State.

WEEKLY INTERNATIONAL COMMODITY PRICE REPORT AS AT 23RD APRIL 2019

Sources:

https://tradingeconomics.com/

Novus Agro Nigeria Commodity Index

AFEX commodities exchange limited