Paddy price slump curbs Nigerian farmers’ production plans for 2026

Paddy price slump curbs Nigerian farmers’ production plans for 2026

…farmers struggle to sell …2026 rice output seen shrinking Nigerian rice farmers are scaling back their plans for the 2026 planting season as paddy price slumps, high production costs, and a struggling milling industry squeeze their margins. The price of a ton of paddy has slumped 51 percent to N350,800 from a peak of N720,000 […]

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