Food Magnet

Omo the way the price of groundnut just Dey increase ehh

Everyday person go just Dey press calculator headache go Dey catch am

Bag: 185,000
Content: 37 painters
Location, Ariaria Market, aba

The price of rice is currently on an increase.

Hmm it’s well oo

Ensure you don’t buy storage palm oil in the name of freshly milled when you want to buy for storage.

Why the price of palm oil isn’t going down as usual during storage

There is this farmer here in Abia state I buy my palm oil from

So I was discussing with him early last month (February) and he was like he don’t think palm oil will go down to storage price this year

I was curious because normally between February ending to early march the price of palm oil usually comes down so well

I asked him why he feels the price won’t go down

He said their is no palm kernel on the palm trees which is a sign of scarcity

And when there is no excess supply there won’t be price crash

We are currently in March and the price of palm oil isn’t showing any sign of reduction

It is now that all what he said are making more sense to me.

The price of soya beans just skyrocketed from 90k to 120k

34/36 painters

It’s well ooo