Food Price News & Market Intelligence
Real-time food price analysis, agricultural market updates, and inflation tracking across Nigeria and Africa.
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 …
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 …
The World's Milk Gets Pricier
Global dairy prices have rallied through 2026, with milk powder and butter leading a rebound driven by firm Asian demand and tight supply. For countries …
Bird Flu Goes Global, Eggs Pay
A relentless strain of bird flu has now reached every continent, forcing the culling of hundreds of millions of birds and driving egg prices to …
Cooking Oil Hits a Four-Year High
Global vegetable oil prices have climbed to their highest in four years, pushed up by booming demand for biofuel and tight Black Sea supplies. For …
India Burns Rice to Fuel Cars
Sitting on record rice stockpiles, India is diverting more than 5 million tonnes of the grain into ethanol for petrol. For West African buyers like …
Cocoa Crashes, Farmers Pay the Price
Cocoa has fallen more than 75 per cent from its 2024 peak as West African harvests recover and chocolate demand softens. Côte d'Ivoire and Ghana …
China Reopens the Fertiliser Tap
After an eight-month freeze that sent urea to four-year highs, China has reopened its export window, and India's June tender crashed about 50 per cent …
The World Is Awash in Cheap Rice
Global rice stocks have hit record highs after successive bumper harvests led by India, pushing prices down and giving importers like Nigeria a rare window …
Black Sea Glut Pulls Wheat Lower
Global wheat prices are easing as strong Black Sea harvests flood the market, with the FAO wheat gauge down 4.4 percent in June. Nigeria, a …
Urea Prices Head for a 60% Jump
The World Bank expects global urea prices to climb about 60 percent in 2026 after Middle East supply disruptions and China's export curbs tightened the …
Cooking Oil Hits a Four-Year High
Global vegetable oil prices have climbed to their highest level in four years as biofuel demand competes with food for palm, soy, sunflower and rapeseed …