Cowpea and Beans Farmers Association of Nigeria, say low yields may affect price of the produce in some months’ time.
The President of the association, Mr Kabir Shuaibu, disclosed this in an interview with the News Agency of Nigeria (NAN) on Friday in Lagos.
Shuaibu said that beans and cowpeas were at an all time low in recent times, owing to the current peak of harvest of the produce.
He, however, noted that the produce price might slightly increase in near months due to low yields in the current harvest, compared to previous years.
“The price of beans is at its all time lowest presently because we are at the peak of the harvest.
“In the next two to three months, the price of beans may increase because the harvest will be over by then.
“Currently, the 100kg bag of beans sells between N90,000 to N120,000 kg, depending on the specie.
“As at this time last year, the same quantity of beans sold as high as N200,000 to N240,000 per bag.
“In 2024, the rains were good that’s why the price of beans is good this year. However, the 2025 harvest is not as bountiful as that of 2024,” Shuaibu said.
According to him, in cases where a farmer can get 50,000 bags of beans from his farm, and is now harvesting only 30,000 bags from the same land mass, you will know that the production fell short.
“So, after the peak of the harvest season, this may lead to a hike in the price of beans again.
“It is not the farmers’ fault, it is just that our yield this harvest was not as much as last harvest.
“This year, we will encourage our farmers to tap into climate smart agriculture practices to increase our yields in subsequent harvests.
“We also encourage consumers not to panic buy but to buy quantities they needed and could also store before the perceived hike.”
