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Sorghum is scarce in Kano grain markets in Nigeria, with prices above N60,000 per 100kg before harvest has begun. Farmers cite insecurity in producing states and limited access to improved seed, while food companies are increasing demand.
Tight local supply and rising industrial demand point to higher Nigerian sorghum prices, though this is a small regional market with limited effect on world prices.
dailytrust.comIbrahim Musa GiginyuNov 16, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
