In a report, Esoko stated that the reduction is because farmers want to sell their old stock as this is to help them raise enough money for the new season.
Most commodities made gains in the month of February. However, the majority of the gains made were less than 5 percent. Groundnut made gains of 4.09 percent to close at GHC479.10 per bag.
Pona (which is a type of yam) also increased by 2.52 percent to close at GHC596.82 with Maize gaining 2.49 percent to close GHc 146.26 per bag. Millet gained 1.31 percent to close at GHc 232.29 per bag with local rice also gaining 1.24 percent to close at GHc 326.71.
Soya gained 1.14 percent to close at GHc 240 per bag. The price of Gari gained 14.40 percent to close at GHS 183.04 with Wheat also gaining 14.38 percent to close at GHS 288.80 per bag. Fresh cassava gained 6.72 percent to close at GHS 66.34 per bag.
However, the net effects of the close of February commodity trading, with price picking up, the early part of March should be expected to see this effect remaining.