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shariff84:Many of Nigerian rice is short grain, Long grain are mostly Thailand rice and it is 29,500 you can check daydone.com.ng |
October inflation rates ease even as core inflation still sits at 13.3%. What can we expect this festive season? click this link to share this newsletter with other AGRIC PRODUCE OVERVIEW Let us jump right into it, but first some context to where we are coming from as regards inflation. Inflation could have been dropping, but we need not explain that if this rate is not 0. It means there is an increment from previous more, only not as high as last month. Check our previous newsletter if interested in that. The benchmark ceiling by the apex bank for inflation is 9% in which for over 6 yrs, as an economy we are yet to enter within that bracket range. Inflation means an increase in price and the reason for our concern. The festive season is now far approaching, demand goes up. more corporate demand, we hope the inflation rate remain can continue to drop and more likely while interest rate might be prepared for this. Should the 10 months drop now bring more relief, yes and no first the yes? If......https://mailchi.mp/e5aae9f8aaaf/weekend-deal
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More Goodies are here October inflation rates ease even as core inflation still sits at 13.3%. What can we expect this festive season? click this link to share this newsletter with other AGRIC PRODUCE OVERVIEW Let us jump right into it, but first some context to where we are coming from as regards inflation. Inflation could have been dropping, but we need not explain that if this rate is not 0. It means there is an increment from previous more, only not as high as last month. Check our previous newsletter if interested in that. The benchmark ceiling by the apex bank for inflation is 9% in which for over 6 yrs, as an economy we are yet to enter within that bracket range. Inflation means an increase in price and the reason for our concern. The festive season is now far approaching, demand goes up. more corporate demand, we hope the inflation rate remain can continue to drop and more likely while interest rate might be prepared for this. Should the 10 months drop now bring more relief, yes and no first the yes? If......October inflation rates ease even as core inflation still sits at 13.3%. What can we expect this festive season? click this link to share this newsletter with other AGRIC PRODUCE OVERVIEW Let us jump right into it, but first some context to where we are coming from as regards inflation. Inflation could have been dropping, but we need not explain that if this rate is not 0. It means there is an increment from previous more, only not as high as last month. Check our previous newsletter if interested in that. The benchmark ceiling by the apex bank for inflation is 9% in which for over 6 yrs, as an economy we are yet to enter within that bracket range. Inflation means an increase in price and the reason for our concern. The festive season is now far approaching, demand goes up. more corporate demand, we hope the inflation rate remain can continue to drop and more likely while interest rate might be prepared for this. Should the 10 months drop now bring more relief, yes and no first the yes? If......https://mailchi.mp/e5aae9f8aaaf/weekend-deal
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The November Goodies November preseason for the goodies and inflationary package The month has different things to offer, no better time to get the best Agro info. And make an informed purchase, if there is anyone you know that needs an update of agric produce update on his/her mail, share this with them by clicking the link and forwarding the URL to them Let us get into it. Happy to be back here to write this. The festive holiday is gradual here, so also the festive sales, price slash, and discounts, if you have not been smell (not literal) get into the right room and let us end this year with abundance for all. Topping this is the inflationary package A few weeks ago we talked about the free fall of beans. This fall continues but.... read more https://mailchi.mp/029e07be0044/november-to-remember SUBSCRIBE TO JOIN THE NEWSLETTER BY CLICKING HERE |
The November Goodies November preseason for the goodies and inflationary package The month has different things to offer, no better time to get the best Agro info. And make an informed purchase, if there is anyone you know that needs an update of agric produce update on his/her mail, share this with them by clicking the link and forwarding the URL to them Let us get into it. Happy to be back here to write this. The festive holiday is gradual here, so also the festive sales, price slash, and discounts, if you have not been smell (not literal) get into the right room and let us end this year with abundance for all. Topping this is the inflationary package A few weeks ago we talked about the free fall of beans. This fall continues but.... read more https://mailchi.mp/029e07be0044/november-to-remember SUBSCRIBE TO JOIN THE NEWSLETTER BY CLICKING HERE |
farmsupport:JUST DISCOVERING THAT THIS LINK IS NOT WORKING. KINDLY TRY THIS http://eepurl.com/g679SP TO JOIN THE AGRIC MARKET BI-MONTHLY OVERVIEW BY DAYDONE (Nigeria Agric eCommerce company) |
Agric price sanity The new state of the Agriculture market and festive season hopes We have been talking of harvest, rain, and more supply in this newsletter but when this season is here and we have only seen a slight drop in price. Is this the new norm? AGRIC PRODUCE OVERVIEW Welcome back from holiday, one thing that can’t be on holiday is food, it comes to memory last year when many are fighting, climbing, doing all sort for so-called free food, anyway. It brings to not how important this industry is Let us jump right into it. Quick fact sardine has increased over 100% in 3 months, you might think this does not concern a lot of people but so is the case of many of our core product too, Even as we have the agriculture potential (Africa have 65% of the world arable land) but yet to really experience......https://mailchi.mp/f22b10101aa8/world-food-day |
Agric price sanity The new state of the Agriculture market and festive season hopes We have been talking of harvest, rain, and more supply in this newsletter but when this season is here and we have only seen a slight drop in price. Is this the new norm? AGRIC PRODUCE OVERVIEW Welcome back from holiday, one thing that can’t be on holiday is food, it comes to memory last year when many are fighting, climbing, doing all sort for so-called free food, anyway. It brings to not how important this industry is Let us jump right into it. Quick fact sardine has increased over 100% in 3 months, you might think this does not concern a lot of people but so is the case of many of our core product too, Even as we have the agriculture potential (Africa have 65% of the world arable land) but yet to really experience......https://mailchi.mp/f22b10101aa8/world-food-day |
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Harvest Abundant and Scarcity Happy new month and independence, the economy has enjoyed its roller coaster and here we are with some harvest getting ready for distribution. Bean Price Plummet The price of beans which continues to reach all-time height has taken a turn around, first, let us examine this bearish run and let us hope it lasts before festivity season demand catches up. As forecasted the beans market has dipped and this is expected to continue, as the previous height is just too extreme but still we can't be expecting a return to a 50kg bag for ₦14,000 as of early last year. As the supply chain has completely changed and measuring an Agriculture produce cost and productivity is denominated by the index of input cost, which has likewise change. And the figure is not lying about this as the core inflation index that represents energy and food continue to experience a....https://mailchi.mp/d32329134faa/beans-free-fall DON'T FORGET TO CLICK SUBSCRIBE ON THE RIGHT TOP CORNER TO BE THE FIRST TO BE NOTIFY WHEN THE NEXT UPDATE IS RELEASED |
Harvest Abundant and Scarcity Happy new month and independence, the economy has enjoyed its roller coaster and here we are with some harvest getting ready for distribution. Bean Price Plummet The price of beans which continues to reach all-time height has taken a turn around, first, let us examine this bearish run and let us hope it lasts before festivity season demand catches up. As forecasted the beans market has dipped and this is expected to continue, as the previous height is just too extreme but still we can't be expecting a return to a 50kg bag for ₦14,000 as of early last year. As the supply chain has completely changed and measuring an Agriculture produce cost and productivity is denominated by the index of input cost, which has likewise change. And the figure is not lying about this as the core inflation index that represents energy and food continue to experience a....https://mailchi.mp/d32329134faa/beans-free-fall DON'T FORGET TO CLICK SUBSCRIBE ON THE RIGHT TOP CORNER TO BE THE FIRST TO BE NOTIFY WHEN THE NEXT UPDATE IS RELEASED |
Is Beans on Free Fall Harvest Abundant and Scarcity Happy new month and independence, the economy has enjoy its roller coaster and here we are with some harvest getting ready for distribution. Bean Price Plummet The price of beans which continues to reach all time height have taking a turn around, first let us examine this bearish run and let us hope it last before festivity season demand catch up. As forecasted the beans market as dip and this is expected to continue, as the previous height is just too extreme but still we can't be expecting a return to a 50kg bag for ₦14,000 as of early last year. As the supply chain has completely change and measuring an Agriculture produce cost and productivity is a denominated by the index of input cost, which has likewise change. And the figure are not lying about this as the core inflation index that represent energy and food continue to experience a....https://mailchi.mp/d32329134faa/beans-free-fall |
With all this very big raises, I think we should expect more acquisition and building tech to sell |
Andela valued at $1.5B, announces $200M Series E Funding The Series E financing values the global engineering network at $1.5 billion Andela, the global network for remote engineering talent, today announced $200 million in Series E financing that values the company at $1.5 billion. The round was led by.... Check full story on the nairaland business section by clicking here https://www.nairaland.com/6778107/andela-newest-africa-unicorn-valued |
Andela valued at $1.5B, announces $200M Series E Funding The Series E financing values the global engineering network at $1.5 billion Andela, the global network for remote engineering talent, today announced $200 million in Series E financing that values the company at $1.5 billion. The round was led by Softbank Vision Fund 2* with participation from new investor Whale Rock and existing investors including Generation Investment Management, Chan Zuckerberg Initiative, and Spark Capital. Lydia Jett, Founding Partner at SoftBank Investment Advisers and one of the most respected consumer technology investors in the world, will join Andela’s Board of Directors. Andela helps companies build remote engineering teams by providing them with access to the best software engineers in the world. Launched in Africa in 2014, the Andela network today represents engineers from more than 80 countries and six continents. Through Andela, thousands of engineers have been placed with leading technology companies including Github, Cloudflare and ViacomCBS. Jeremy Johnson, CEO and co-founder of Andela, commented: “Andela has always been the high-quality option for those building remote engineering teams. Now that the world has come to embrace remote work, Andela has become the obvious choice for companies because we can find better talent, faster. “If you are a talented engineer, Andela opens up a world of possibilities for you, no matter where you are based.” With a successful placement rate of 96%, Andela has mastered the ability to evaluate the technical skills and soft skills of engineers to match them to the teams they’ll be most successful in. With the new capital, the company will invest in developing products to simplify global hiring and make engineers’ lives easier. In addition, Andela will continue to expand its talent offering beyond software development to include new verticals such as design and data after launching Salesforce development earlier this year. Also speaking, Lydia Jett, Partner at SoftBank Investment Advisers: “Hiring remote technical talent is one of the top challenges that companies face today. We believe Andela will become the preferred talent partner for the world’s best companies as remote and hybrid work arrangements become the norm, We are delighted to support Jeremy and the Andela team in their mission to connect these companies with brilliant engineers, and in the process, unlock human potential at scale.” Adding her thoughts, Agnes Muthoni, Director of the Andela Learning Community at Andela: “This new round of funding enables Andela to strengthen our already extensive network of incredible talent in Africa and across the world, as we systematically connect the best software engineers with global opportunities. Being backed by a diverse group of renowned and experienced investors is a testament to the growing importance of remote work, and how Andela is at the forefront of helping companies scale their engineering teams at a rapid pace” A fully remote organization with more than 300 employees around the world, Andela is hiring top talent across the board, particularly in Product, Engineering, and Growth. Featured Image: Jeremy Johnson, CEO and Co-founder of Andela https://techbuild.africa/andela-valued-1-5b-200m-series-e-funding/
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mariahAngel:Lol, I added the chart on that post . I will also post an old post on our company Linkedin page here showing that of Oloyin. Which is now even 47k now This is not just plane but jet
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Price continues to rise while the report shows that inflation dip for the 5th month in a row, As August, show a 17.01% while food inflation is still at 20.3%. AGRIC PRODUCE OVERVIEW We have explained on this newsletter before that inflation figure is a continuum and even if it drops to 10% that is still a 10% increase from last month prices, as this increase continues and consumer is showing resistant to the rise, yet the supply of the product is not getting better as so birth this scenario. First is food insecurity, it is not actually first because the paramount measurement is food sufficiency (which is the availability of food). But.... https://mailchi.mp/f9e000ce73c6/food-price-update-5972870?e=7a42544d09 #food #foodsecurity #daydone #agricecommerce #Agtech DON'T FORGET TO CLICK SUBSCRIBE ON THE RIGHT TOP CORNER TO BE THE FIRST TO BE NOTIFY WHEN THE NEXT UPDATE IS RELEASED or by clicking here https://daydone.us19.list-manage.com/subscribe?
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Beans price on fire and food security Price continues to rise while the report shows that inflation dip for the 5th month in a row, As August, show a 17.01% while food inflation is still at 20.3%. AGRIC PRODUCE OVERVIEW We have explained on this newsletter before that inflation figure is a continuum and even if it drops to 10% that is still a 10% increase from last month prices, as this increase continues and consumer is showing resistant to the rise, yet the supply of the product is not getting better as so birth this scenario. First is food insecurity, it is not actually first because the paramount measurement is food sufficiency (which is the availability of food). But.... https://mailchi.mp/f9e000ce73c6/food-price-update-5972870?e=7a42544d09 #food #foodsecurity #daydone #agricecommerce #Agtech DON'T FORGET TO CLICK SUBSCRIBE ON THE RIGHT TOP CORNER TO BE THE FIRST TO BE NOTIFY WHEN THE NEXT UPDATE IS RELEASED |
No need for "see the foodstuff I buy for x or y" In this thread let us talk about the price of food products in your area and if other areas are cheap enough with transport you can buy from there. DayDone Agric |
They should sha know that the future is not Agriculture but Agric business. Nigeria Govt need to support the value chain and not just production. While tighten exportation Anyway, if you are a farmer and need access to bigger market contact this startup Daydone Details in the image below
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I want to title this the good days are here but I will not because of several reasons which we will be see them explained below AGRIC PRODUCE OVERVIEW First don’t feel bad if you just ordered for a particular product and in hours the price drop, remember nothing is permanent and that the value of the particular product is yet to drop only the price for the value changed, and infact be glad that....https://mailchi.mp/b53d5eab454c/food-price-update #ecommerce #Agromarket #Agricecommerce #daydoneng
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Let us have the data of the farmers so we can build technology to support them to market. FG can been trying, and indeed they are with Agriculture maybe if not we will have been in much worst situation that this. But private bodies and startups are the way to maintain those effort. So carry Agtech solution along in your support. For any enquiry about what we offer you can reach out on admin@daydone.com.ng
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June food basket inflation plateau Headline inflation for the month of June increase by 0.05% from the month of May while this trend can also been seen in the food basket index AGRIC PRODUCE OVERVIEW Research as shown that we are very happy people as a nation, also historic data shows that a rise does not always follow with a fall, at least there is a constant in between this or an oscillation which can be seen as no movement because of no significant change or a plateau. Many speculated that there will be increase after minimum wage implementation, but the implementation was necessary even then, but high inflation now become inevitable with the global pandemic. But really the issue just compounded not a new issue with hike, market instability, devaluation and inflation. Other economy’s suffer this too, but not at an astronomic level like ours. In summary, would this food crisis and height be over soon, research takes me to give a look at the Nigeria exchange rate and inflation over time with interest at the previous global economy crisis (2001, 2008) sadly as a very optimistic nation this data turns out to take at least 5yrs before a correction to single digit. But with a picking up since 2016 it has double peaked, coupled with the pandemic this might be a long run. As the exchange rate show a plateau just below the peaks in the data. 2. Product update; Hope you are not too bored with the intro, this detail matters that is why inflation is measure in CPI(consumer price index). With this all said volatility will not be a surprise, especially the bullish ones, Palm Oil took its turn as it now goes for ₦22,000, since its complementary product Vegetable oil earlier moved to ₦28,000 The bull was not really over for Beans too, but more of a plateau as discussed above. Foreign rice getting cheaper is another main concern, Note that the detailed prices update are all in the image above, check and it is......READ MORE DON'T FORGET TO SUBSCIRBE TO BE THE FIRST TO RECEIVE THIS UPDATES |
June food basket inflation plateau Headline inflation for the month of June increase by 0.05% from the month of May while this trend can also been seen in the food basket index AGRIC PRODUCE OVERVIEW Research as shown that we are very happy people as a nation, also historic data shows that a rise does not always follow with a fall, at least there is a constant in between this or an oscillation which can be seen as no movement because of no significant change or a plateau. Many speculated that there will be increase after minimum wage implementation, but the implementation was necessary even then, but high inflation now become inevitable with the global pandemic. But really the issue just compounded not a new issue with hike, market instability, devaluation and inflation. Other economy’s suffer this too, but not at an astronomic level like ours. In summary, would this food crisis and height be over soon, research takes me to give a look at the Nigeria exchange rate and inflation over time with interest at the previous global economy crisis (2001, 2008) sadly as a very optimistic nation this data turns out to take at least 5yrs before a correction to single digit. But with a picking up since 2016 it has double peaked, coupled with the pandemic this might be a long run. As the exchange rate show a plateau just below the peaks in the data. 2. Product update; Hope you are not too bored with the intro, this detail matters that is why inflation is measure in CPI(consumer price index). With this all said volatility will not be a surprise, especially the bullish ones, Palm Oil took its turn as it now goes for ₦22,000, since its complementary product Vegetable oil earlier moved to ₦28,000 The bull was not really over for Beans too, but more of a plateau as discussed above. Foreign rice getting cheaper is another main concern, Note that the detailed prices update are all in the image above, check and it is......READ MORE DON'T FORGET TO SUBSCIRBE TO BE THE FIRST TO RECEIVE THIS UPDATES |
Poor storage and distribution, low market accessibility and insufficient processing facilities are the fueling factors in food waste in Africa. Most writers refer to food loss as anything lost between production and distribution, while food waste is anything lost at the consumer level. However, the term “post-harvest food loss” is often used to refer to food loss and food waste. (FLW). In sub-Saharan Africa, post-harvest food losses are estimated to be worth 4 billion dollars per year- or enough to feed at least 48 billion people. In 2015, the United Nations announced a goal of halving worldwide food waste and substantially reducing global food loss by 2030 as part of its Sustainable Development Goals agenda. The reasons for the renewed interest in post-harvest food loss reduction in Sub-Saharan Africa are best understood by the multifaceted objectives underpinning the goal announced by the UN. Food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life. (Committee on world food security, 2009) Food loss and food waste, over the years, have greatly impaired food availability, accessibility, utilization and stability. This four pillars are the major components that define food security. Reducing food loss apparently increase the quantity of food available. This means there is physical inflow and presence of safe and nutritious food at a particular time and place. One of the components of food security is whether an individual or household have access to food. An increase in food supply, Certrris paribus, should translate into a reduction in price for consumer. Since food deterioration is also a form of food loss and food waste; the nutrient composition of food and the ability of a body to effectively utilize it, is a major factor in food security. Food may be available and accessible to people who are able to utilize it effectively, but this state needs to be long lasting and permanent, rather than being temporary and fluctuating. Reducing food loss and food waste — post harvest food loss will not only improve food security, but also improve food safety, reduce wasted resources and increase profits along the food supply chain. Everyone needs to do their bit in reducing post- harvest loss. Farmers should also see to damages caused by pest and disease. However, government can also help subside farm input and storage facilities necessary for effective production. Adoption of technology is also a way to mitigate post-harvest loss; government should invariably support agric-tech companies in providing huge market accessibility for farmers, in other to obliterate food loss along the distribution chain. Inconclusion, It is a fact that “there is enough food to feed everyone on the planet yet 12% of the world live in hunger”, hence there is need for innovation in distribution, that is what we want to solve at DayDone Limited. and effective tailor-made distribution where this necessity called food will no longer be an option for anyone. That is how we believe we can make our world a better place How will you like to be part of solving this? Image source: UN WFP (World Food Program) USA
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Poor storage and distribution, low market accessibility and insufficient processing facilities are the fueling factors in food waste in Africa. Most writers refer to food loss as anything lost between production and distribution, while food waste is anything lost at the consumer level. However, the term “post-harvest food loss” is often used to refer to food loss and food waste. (FLW). In sub-Saharan Africa, post-harvest food losses are estimated to be worth 4 billion dollars per year- or enough to feed at least 48 billion people. In 2015, the United Nations announced a goal of halving worldwide food waste and substantially reducing global food loss by 2030 as part of its Sustainable Development Goals agenda. The reasons for the renewed interest in post-harvest food loss reduction in Sub-Saharan Africa are best understood by the multifaceted objectives underpinning the goal announced by the UN. Food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life. (Committee on world food security, 2009) Food loss and food waste, over the years, have greatly impaired food availability, accessibility, utilization and stability. This four pillars are the major components that define food security. Reducing food loss apparently increase the quantity of food available. This means there is physical inflow and presence of safe and nutritious food at a particular time and place. One of the components of food security is whether an individual or household have access to food. An increase in food supply, Certrris paribus, should translate into a reduction in price for consumer. Since food deterioration is also a form of food loss and food waste; the nutrient composition of food and the ability of a body to effectively utilize it, is a major factor in food security. Food may be available and accessible to people who are able to utilize it effectively, but this state needs to be long lasting and permanent, rather than being temporary and fluctuating. Reducing food loss and food waste — post harvest food loss will not only improve food security, but also improve food safety, reduce wasted resources and increase profits along the food supply chain. Everyone needs to do their bit in reducing post- harvest loss. Farmers should also see to damages caused by pest and disease. However, government can also help subside farm input and storage facilities necessary for effective production. Adoption of technology is also a way to mitigate post-harvest loss; government should invariably support agric-tech companies in providing huge market accessibility for farmers, in other to obliterate food loss along the distribution chain. Inconclusion, It is a fact that “there is enough food to feed everyone on the planet yet 12% of the world live in hunger”, hence there is need for innovation in distribution, that is what we want to solve at DayDone Limited. and effective tailor-made distribution where this necessity called food will no longer be an option for anyone. That is how we believe we can make our world a better place How will you like to be part of solving this? Image source: UN WFP (World Food Program) USA
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The last released Food inflation figure dropped, Is this number a clear reflection of the market, but we need to understand how inflation is calculated, this drop doesn’t mean a reduce in current price but a compare to last year same month increase. Let see the explanation of nairametrics “On a month-on-month basis, the food sub-index increased by 0.99% in April 2021, down by 0.91% points from 1.9% recorded in March 2021” I hope all that is not so boring to you. It is important to know this even as we have predict some rain falling price, also a lot of demand push increase are still in the ........... read morehttps://mailchi.mp/68d6f0510658/state-of-the-nigeria-food-market and DON'T FORGET TO SUBSCRIBE TOP LEFT FOR MORE AGRIC/FOOD UPDATE #food #nigeria #agriculture #economy #agtech #agricecommerce #daydone
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The last released Food inflation figure dropped, Is this number a clear reflection of the market, but we need to understand how inflation is calculated, this drop doesn’t mean a reduce in current price but a compare to last year same month increase. Let see the explanation of nairametrics “On a month-on-month basis, the food sub-index increased by 0.99% in April 2021, down by 0.91% points from 1.9% recorded in March 2021” I hope all that is not so boring to you. It is important to know this even as we have predict some rain falling price, also a lot of demand push increase are still in the ........... read morehttps://mailchi.mp/68d6f0510658/state-of-the-nigeria-food-market and DON'T FORGET TO SUBSCRIBE TOP LEFT FOR MORE AGRIC/FOOD UPDATE #food #nigeria #agriculture #economy #agtech #agricecommerce #daydone
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DayDone is here to solve all your agricultural produce/food items needs Simply click on www.daydone.com.ng and shop for your agric produce at very affordable price while we do same day delivery to you, no holiday or delays
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Look no further. Check out DayDone Agric for all your agric/food produce delivered to your doorstep www.daydone.com.ng Your Best Agric Ecommerce Company
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Fasting is over What can we expect in the agric market? The bear is finally coming out even as the inflation figure is out, and with fasting done, this be it AGRIC PRODUCE OVERVIEW Food inflation has now drop in 19 month by 0.23 to 22.72% can this be the bearish sign we await. Many may feel this drop is not significant but mind you that is April figure, and the market is not in the past, but looking at the period of increase, it can be the awaited signal. Then today market fasting is done, let see more of this. Many of the country’s grains comes from the north, where many of the population is Muslims, the fasting which will have dampen labour and reduce distribution of food, could just be over and with increase farming, labour and logistics. We can start seen more competitive and drastic drop is some prices, hence the letter in the picture above. Product update; Let us start as usual the https://mailchi.mp/58cf1f485ce4/fasting-and-inflation |