Prices Of Foodstuff Crash In Taraba Rural Areas

There is a noticeable reduction in the prices of foodstuff in rural areas of Taraba State, DAILY TRUST  gathered on Saturday.

The areas where it was noticed include Mutum Biyu, Garba Chede, Maihula, Dakka, Garbabi, Tella Monkin and Jatau.

It was gathered that a 100kg bag of newly harvested maize now sells at N8,000 in Maihula while in Dakka it sells at N7,000.

Similarly, in Mutum Biyu and Garba Chede, the bag sells at between N12,000 and N11,000.

Daily Trust findings revealed that a 100kg bag of old stock maize is now sold at between N13,000 and N15,000 across rural areas of the state.

It was learnt that farmers have flooded markets with new maize but there were only a few buyers, a development that forced prices down.

The price of newly harvested rice has also reduced from N 17,000 per 100kg bag to N12,000. Price of locally processed rice also went down from N1,200 per measure to N9,000.

Other foodstuffs affected include yams, cassava, beans and groundnuts.

A big tuber of yams sold at N1,000 two weeks ago now goes for N500 at Kassa, Pantisawa, Monkin and Famanga markets.

A farmer, Alhaji Ali Maihula, told our reporter that the bumper harvest being recorded by farmers was responsible for the crash. He said the prices were even lower in areas with difficult terrains.