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Food Price News & Market Intelligence

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

Avocado's Glut Before the Boom

Avocado's Glut Before the Boom

Europe is drowning in avocados, with June imports at record levels and prices more than 20 per cent below last year. Yet the OECD and …

2mo ago · Isaac Oludu Innocent
Commodity Export FAO Food Prices Global Trade Lagos Nigeria
Four Giants, One Cup Left to Win

Four Giants, One Cup Left to Win

The 2026 World Cup is down to its final four. France face Spain and England meet holders Argentina for a place in Sunday's final. Africa's …

2mo ago · Elijah Omojola
Lagos Nigeria
Orange Juice: Cheap Futures, Costly Glass

Orange Juice: Cheap Futures, Costly Glass

Orange juice futures have tumbled from their 2024 record, yet shoppers are still paying near-record prices at the shelf. A shrinking Brazilian crop and the …

2mo ago · Isaac Oludu Innocent
Agriculture Food Prices Global Food Prices Import Nigeria
Olive Oil Cools, but Trouble Brews

Olive Oil Cools, but Trouble Brews

Olive oil prices have fallen about a third from their 2024 record as Mediterranean harvests recovered. Growers are not relaxing, though: a sharp drop in …

2mo ago · Isaac Oludu Innocent
Agriculture Commodity Food Prices Global Food Prices Nigeria
The $10 Pound of Beef

The $10 Pound of Beef

The United States cattle herd has shrunk to its smallest size since 1951, sending beef prices to records. Years of drought, high borrowing costs and …

2mo ago · Isaac Oludu Innocent
Food Prices Global Food Prices Meat Nigeria United States
War Blocks a Strait, Fertiliser Jumps

War Blocks a Strait, Fertiliser Jumps

Global fertiliser prices have surged to their highest since 2022 after conflict in the Middle East disrupted the Strait of Hormuz, which carries roughly a …

2mo ago · Isaac Oludu Innocent
Agriculture Fertilizer Food Prices Global Food Prices Nigeria World Bank
Tariffs Come for Brazil's Coffee

Tariffs Come for Brazil's Coffee

Washington's trade war has landed on the world's largest coffee supplier. Brazilian coffee still faces steep US tariffs even after exemptions, and industry groups warn …

2mo ago · Elijah Omojola
Brazil Commodity Food Prices Import Inflation Lagos Nigeria Trade
The World Is Awash in Cheap Tea

The World Is Awash in Cheap Tea

Global tea prices are set to fall for a second straight year as India floods the market with supply. The slide is squeezing African growers, …

2mo ago · Elijah Omojola
Agriculture Commodity Food Prices Lagos Middle East Nigeria Trade
Argentina Slashes Its Grain Export Taxes

Argentina Slashes Its Grain Export Taxes

Argentina, a top global grain and oilseed supplier, is cutting the export taxes that farmers have long resented. President Milei lowered wheat and barley duties …

2mo ago · Elijah Omojola
Commodity Food Prices Grains Nigeria Trade
A Fungus Stalks the World's Bananas

A Fungus Stalks the World's Bananas

A soil-borne disease with no cure is spreading through the world's banana fields, from Asia to Latin America. With Ecuador's crop under strain and prices …

2mo ago · Elijah Omojola
Agriculture Commodity Food Prices Lagos Nigeria
Cocoa's Wild Ride From Boom to Bust

Cocoa's Wild Ride From Boom to Bust

Cocoa has whipsawed from a record near $13,000 a tonne in 2024 to about $3,000 in early 2026, then rallied again. West African governments slashed …

2mo ago · Elijah Omojola
Agriculture Cocoa Commodity Food Prices Ghana Nigeria
Big Wheat Harvest, Stubborn Prices

Big Wheat Harvest, Stubborn Prices

The Black Sea is heading for another bumper wheat crop, yet world prices are refusing to fall the way a big harvest usually forces them …

2mo ago · Elijah Omojola
Agriculture Bread Commodity Flour Food Prices Import Nigeria Wheat