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Food Price News & Market Intelligence

Real-time food price analysis, agricultural market updates, and inflation tracking across Nigeria and Africa.

War and TikTok Squeeze the Pistachio

War and TikTok Squeeze the Pistachio

Pistachio prices have hit their highest level in eight years as a viral Dubai chocolate craze collides with war-related disruption to Iran's exports. The green …

2mo ago · Elijah Omojola
Commodity Food Prices Import Lagos Nigeria
Black Sea Wheat Keeps Bread Cheap

Black Sea Wheat Keeps Bread Cheap

A big Black Sea harvest is keeping global wheat prices in check in 2026, even as the United States heads for its smallest crop since …

2mo ago · Elijah Omojola
Bread Commodity Flour Food Prices Grains Import Lagos Nigeria Wheat
India's Rice Flood Reaches Africa

India's Rice Flood Reaches Africa

India's granaries are overflowing after a record harvest, and the government has scrapped export floors and duties to move the surplus. The result is the …

2mo ago · Elijah Omojola
Commodity Food Prices Import India Lagos Nigeria Rice Trade
A Quota Cut Squeezes Africa's Mackerel

A Quota Cut Squeezes Africa's Mackerel

Shrinking Northeast Atlantic fishing quotas are pushing up the price of mackerel, one of the most affordable proteins in West Africa. With the EU cutting …

2mo ago · Elijah Omojola
Commodity Fish Food Prices Food Security Import Lagos Nigeria Trade
Snubbed by China, US Sorghum Turns to Africa

Snubbed by China, US Sorghum Turns to Africa

US sorghum exports to China, once the crop's biggest buyer, collapsed by about 97 per cent in the trade war, sinking prices below $3 a …

2mo ago · Elijah Omojola
Africa China Commodity Export Food Prices Grains Nigeria Trade United States
Sudan's War Squeezes the World's Gum

Sudan's War Squeezes the World's Gum

Sudan supplies most of the world's gum arabic, the acacia resin that binds fizzy drinks, sweets and medicines. More than three years of war have …

2mo ago · Elijah Omojola
Africa Commodity Food Prices Nigeria Supply Chain Trade
China Drops Its Tariffs for Africa

China Drops Its Tariffs for Africa

From May 2026, China scrapped import duties on almost everything from 53 African countries, including Nigeria. Sesame, cashew, ginger and cocoa that once faced tariffs …

2mo ago · Elijah Omojola
Africa Cocoa Export Food Prices Nigeria Trade
A Tomato Paste Glut Seeks Buyers

A Tomato Paste Glut Seeks Buyers

China's Xinjiang region built a tomato paste empire, then watched European demand collapse over forced-labour concerns. Left with hundreds of thousands of tonnes of unsold …

2mo ago · Elijah Omojola
China Commodity Food Prices Import Nigeria Trade Vegetables West Africa
Hazelnuts Rebound From a Frost Shock

Hazelnuts Rebound From a Frost Shock

A year after frost wrecked Turkey's hazelnut orchards and drove kernel prices to record highs, the world's dominant supplier is heading for a crop 56 …

2mo ago · Isaac Oludu Innocent
Climate Commodity Lagos Nigeria Turkey
China Reopens Its Door to Canola

China Reopens Its Door to Canola

China has slashed tariffs that had shut Canadian canola out of its market, restoring access for roughly $4 billion of annual seed exports. The reset …

2mo ago · Isaac Oludu Innocent
China Food Prices Lagos Nigeria Policy Trade
Lamb Prices Climb as Flocks Shrink

Lamb Prices Climb as Flocks Shrink

Lamb has become one of the world's hottest proteins. Australian prices jumped 47 per cent in a year and American lamb surged 61 per cent …

2mo ago · Isaac Oludu Innocent
Commodity Food Prices Lagos Nigeria
WTO Buys Time for Its Fish Deal

WTO Buys Time for Its Fish Deal

Trade ministers meeting in Yaoundé kept the world's first binding deal on fishing subsidies alive, agreeing to continue talks on the unfinished half. The clock …

2mo ago · Isaac Oludu Innocent
Fish Food Prices Food Security Nigeria WTO