shariff84:
Breaking news:-New suyabeans is out,you can get 100kg bag @28k from me

pls can we get the price update for all commodities mr Shariff. will soya beans be good for stoarge this year? when can one start buying bambara nuts and groundnut for storage and will they also do well this coming year?

Pls i want to buy for storage pls how can i reach you? I have called i have sent msgs on WhatsApp text. Kindly reach out pls check your msgs.

donparosky:
Good evening! Palm Oil Dropped to 13-14k this morning. Storage time is here.

Goodluck everyone

Hello Sir. I spoke to you about 2 wks about the business in Abuja. I sent you msgs on whatsapp and I have tried to reach you several times. Pls check your msgs.

donparosky:
always a pleasure sir

Thanks so much for the feedback.

donparosky:
To be frank, I am not seeing any significant drop in price again but let's wait for April to draw conclusions.
My reasons are solely based on high cost of diesel and, logistics. By first week of April, if the prices still hover round the same range, you can buy.

This is just a personal opinion. You could share yours too so we learn

Thank you for the update. Do you think the injection of old notes will bring the price down again? Or should we just buy now for storage. If the price is already going up to 25k in some states would it come down before May? Pls advice. Thank you.

donparosky:
Best time is usually March, April and May. This year looks different.
We observing the injection of old cash back into the economy! Most fruit sellers never wanted transfers and those who had cash during the scarcity bought oil even at 10k. It's back to 16 -18k currently. Just follow updates here

Is this for 25 lts or 20 ltrs pls?

donparosky:
It's down to 10k in Akwa Ibom cash and 15k transfer

I am in Canada. I can plan to meet with you. I sent you u a msg on what's up today. Pls what's your email I can reach you there too thanks.

donparosky:
God bless you sir!
I am glad this thread has been able to assist a couple of people gain relevant information. This was one of the reasons for the thread!

I apologize this days I've been very occupied and have been traveling quite too often on business trips.

I want to appeal that we keep updating the house from our locations so others can benefit....

Those trying to reach me on mobile can send a mail and can expect a response as soon as possible.

I am almost rounding up my trips.

Many thanks to those who created time to meet with us in the UK and States.

Canada will be our final destination by next week before returning to the country.. You can send a mail if you want to meet with us next week.

As per markets you could sell your products in Abuja, they are a couple of them but retailers would really price you down.... If your target is Abuja, your best bet is Eateries, hotels, boarding schools etc. That's how I started after too many wahala from market women.

Merry Christmas to everyone
Regards

You seem to know alot about agric insurance. I about to start an agric business that requires insurance but i don't know how to access it. Pls can you shade more info on how to access agric insurance pls. I have read up the companys you mentioned put the information about how to apply or access the insurance is not clear. Thank you

staga:


IGI does. Also, there is Nigerian Agric Insurance Corporation. NEM Insurance also does. NIRSAL and Royal Exchange General Insurance also have a collaborative agric insurance product called Hybrid Multi-Peril Crop Indemnity-Index Insurance (HM-II).

In fact, NEM has a specialized policy for fish famers. Many of you just type rubbish about things you don't know.

Thank you for this updates. Pls when is the best time to store soybeans and when is the best time to sell.
Do you have an idea of how much it will sell for at that time? Thanks pls keep the updates coming

Teetee777:
Prices Update From Kano Market as of 24th Oct 2022.

Beans:
--------------
1. Oloyin banjaras beans 40k
2. Small brown beans 38k
3. Mixture white & brown 33k
4. New Potasco 38k
5. New Iron beans. 32k
6. White moimoi beans 36k
All 100kg, 26 painter


Rice:
------------------------
1. Paddy rice 22k
2. Short rice 52k
3. Jemila rice 54k
All 100kg bag


Ginger
--------------
1. Dry split (clean)32k
2. Dry (unclean) 30k
2. Fresh 50kg 15k

Perishable goods
------------------------------
1. Onions medium (jumbo) bag 28k
2. Onions big seed (jumbo) 33k
3. Dry pepper. 30k

Other grains;
-------------------------
1. Groundnut Kampala 56k
2. Groundnut small. 56k
3. Unpeeled groundnut 26k
5. Maize 20k
6. New Soya beans 27k
6. Tiger nut (big) 58k
7. Tiger nut (small) 42k
8. Guinea corn yellow 25k
9. Guinea corn white 25k
11. Millet 23k
12. Date (dabino) 75k/100kg
12. PICS bag for storage 1k
All 100kg/26 painter

NB: The cost of the waybill has increased due to bad roads and increments in diesel.

Wow! This is great info. How can I access it pls?

PHOTSEE:


You mean you designed that from the current market update.

So is this the time to buy beans for storage? Or its late?

shariff84:
Beans price has stated appreciating!
Milk beans 55k
Oloyin 48k
Drum 48k
Olotu 48k
Iron beans 45k
White beans 45k
Suyabeans 38k
Rice 46k
Bambara nut 62k
Locust beans 25k
Millet 23k
Peal millet 24k
Maize 18k
Yellow grade A 21k
ii Grate B 20k
Local rice 24k(50kg)
Paddy rice 20k
Sesame 55k
Sunflower 45k
Tiger nut 55k
Tiger nut small seed 40k
All in 100kg bag

Pls Mr Shariff will the price of sorghum go up this year at all?

shariff84:
ok
Prices as of today:-
Ordinary brown beans 40k
drum beans 45k
Oloyin 45k
Olotu 43k
white beans 40k
iron white 43k
Sesame 50k
maize 18k white
Yellow maize 21k
sorghum white 20k
red sorghum 22k
pearl millet 23k
millet 20k
local rice 46k
paddy rice(old paddy 17k,new paddy 16k)
locust beans 24k
suyabeans 36k
Bambara nut 55k
groundnut 66k
unshell Groundnut 18k
Agusi peeled 86k
Agusi unpeel 25k
Tiger nut big seed 50k
Tiger nut small seed 40k
Date 55k
Sunflower seed 40k
all in 100kg bag

quote author=shariff84 post=113398336] ok
Prices as of today:-
Ordinary brown beans 40k
drum beans 45k
Oloyin 45k
Olotu 43k
white beans 40k
iron white 43k
Sesame 50k
maize 18k white
Yellow maize 21k
sorghum white 20k
red sorghum 22k
pearl millet 23k
millet 20k
local rice 46k
paddy rice(old paddy 17k,new paddy 16k)
locust beans 24k
suyabeans 36k
Bambara nut 55k
groundnut 66k
unshell Groundnut 18k
Agusi peeled 86k
Agusi unpeel 25k
Tiger nut big seed 50k
Tiger nut small seed 40k
Date 55k
Sunflower seed 40k
all in 100kg bag[/quote]

shariff84:
Breaking news,the price of white has drop to 37k today in our market

can people buy beans for storage now?

dnapstar:


How can I get from you and what is the cost of transportation to Abuja?
I remember the last time I sent a message on WhatsApp, I was told I needed to pay 2k to join the group. I was ready to pay but was told to call a number, but when I called, the way the person responded was not nice at all.

Pls are they people who have bought grains from mr shariff where do you pick up and where do you sell in abuja and how do you store them. Is there like a general store location in abuja and what markets do you sell? I am interested in this grain storage business but I need information. I am in abuja. Thanks

shariff84:
the different between our bag(26,27 painter) and 32 painter bag is 10 mudus. Our own is 42k, if you want to make it 32 painter bag,you will add 10 mudus,a mudus is 600 naira here10x600=6000.therefore,42000+6000=48,000.
Then you pay transport from it and then the remaining change is the gaining, normally grain business the gain is not much if you are selling per bag everybody know this.
Also noted,my own source is primary source,if you see price increase from me,I give you only one week you will see the price increase from your source!
Also my beans is not thesame with the one you will see in the market,my own is always great A,ask my customers. It's exactly thesame thing from the farm no mixture. Market people they will get great A,great B and C then open all the sacks and mixed them together and rebag it.this is because great B and C is always cheaper in the market.for instance,if great A is 42k,great B is 40k and great C is 37k they will all mixed them together,rebag and sell it thesame price in ur market,we called it gready and you no go know. lolz

Happy New year.
Pls shariff whats the price update as of today.