Grain merchants make bulk purchases

Grain merchants from different parts of the country are making bulk purchases of grains and other newly harvested crops in Taraba.

Our correspondent reports that the merchants in their number are thronging grain markets in Garba-Chede, Iware, Mutum-Biyu, Maihula, Jatau, and Kungana to buy foodstuffs through their agents.

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Daily Trust further gathered that the merchants, using their agents in these markets, were buying hundreds of bags of newly harvested maize, groundnut and rice which they transport to different locations in the country.

It was gathered that the low price of the commodity attracted the merchants.

Abdu Dauda, an agent of one of the merchants, told our correspondent that each year, merchants from different parts of the country come to the state to purchase newly harvested farm produce worth millions of naira.

He said the merchants usually store the foodstuffs in warehouses and bring them out when the prices double.