Commodity & Trade Updates

Over 420 collection points set up nationwide as government offers above-market prices to farmers to strengthen local supply and reduce import dependency.

According to KBNS, the price hike is attributed to intensified competition for maize between human food processors and animal feed manufacturers.

This dramatic rise positions Nigeria as a key player in Russia’s expanding agricultural trade with Africa.

The first convoy, made up of 105 wagons carrying 3rd and 4th category wheat, departed Kazakhstan on April 30.

The annual survey gathered data from 142 countries and 28,235 feed mills.