Rice floods Katsina market, drives down price – Eandel

Rice floods Katsina market, drives down price

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As farmers in Katsina begin massive harvest of rice, the produce is currently flooding markets around the state, a development that has made the price of rice to reduce. A large-scale farmer identified as Alhaji Umar Osman said that the low market price of rice compared to last year’s is nothing to worry about.

According to him, the price will not affect the revenue of the farmers, Daily Trust reports. Osman said: “The volume of rice produced this year in this state will be higher than that of last year. From Danmusa down to Sabuwa LGA everywhere are rice farms and God so kind blessed us with adequate rainfall this year.

“Because of its massive production, what you just saw in the markets is the beginning of rice harvest in the state.”

Speaking about the price, Muhammadu Ashiru, a paddy rice dealer at Dandume market, said: “Last year by now, a bag of paddy rice was sold for N8,000 to N10,000 depending on variety.

“But now the price starts from N5,000 to N8,000. ‘Farar Jar Naira’ variety was sold at N8,000; ‘Jeap’ variety was sold at N6,000, while the rest were sold at not less than N5,000. The prices notwithstanding do not badly affect the farmers as they are recording bumper harvest.”

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