# Harvests crash produce prices in Katsina – Daily Trust

> Bumper maize and millet harvests in Katsina State, Nigeria, have pushed local farm produce prices sharply lower. Sorghum has fallen to about N9,000 from N16,000-18,000 last season as buyers switched to cheaper maize. Maize bags dropped from N16,500 to N8,500.

- Date: 2017-10-19 · published 2017-10-19T12:00:00.000Z
- Category: market · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/68528-harvests-crash-produce-prices-in-katsina-daily-trust
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Local substitution toward abundant maize and millet is weighing on Nigerian sorghum demand, though the effect on international feed grain prices is minimal.

## Read by commodity

- CORN: neutral
- SORGHUM: bearish ▼

## Sources

- dailytrust.com: https://dailytrust.com/harvests-crash-produce-prices-in-katsina/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.