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A Nigerian rice mill operator, Onyx Rice Mill in Bida, says it runs at 9,000 tonnes a year against 16,000 tonnes of capacity because of paddy shortages. He calls for more federal government support for farmers.
Local paddy shortages limit Nigerian milling output but have little effect on world rice prices.
tribuneonlineng.comTribuneWebFeb 27, 2017After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), and +0.1% over 20.
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.
