AFEX predicts higher prices for core grains and advocates for African food balance sheet in new report
Nigerian commodities exchange releases 2021 Annual Crop Production report to boost agricultural data and guide financing and policy decisions
Lagos, Nigeria – 2 November 2021. Nigeria’s core grain prices have been projected to trend upwards in the new season due to persistent gaps between commodity supply and demand, according to a new report by commodities exchange firm AFEX. The 2021 crop production survey report also forecasts an increase in production levels across six commodities: maize, sorghum, soybean, paddy rice, ginger, and sesame.
AFEX’s annual crop production report seeks to provide robust market intelligence for the many key players in the agricultural value chain, with the data also being used to produce forecasts of area, yield, production, value and stock for major crop...