Paddy rice price slump disrupts farming cycle

Source: BusinessDay Nigeria - Read the full article at the original source

<p>…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 [&#8230;]</p>

<p>read more <a href="https://businessday.ng/agriculture/article/paddy-rice-price-slump-disrupts-farming-cycle/">Paddy rice price slump disrupts farming cycle</a></p>

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