Food Price News & Market Intelligence
Real-time food price analysis, agricultural market updates, and inflation tracking across Nigeria and Africa.
Royal Stallion Rice Eases to N60,000 a Bag at Lekki-Jakande After Peaking at N70,000 in February
A 50kg bag of Royal Stallion rice at Lekki-Jakande Market fell from a February to March peak of N70,000 to N60,000 by the week of …
Ajah Tops the Lagos Table: ₦135,000 Beans and ₦27,000 Garri Lead the Field
Ajah's June prices stand at the top of Lagos, its ₦135,000 drum-beans bag more than double the ₦60,000 to ₦65,000 the field last recorded and …
Garri's Split Screen: Ajah Jumps 35% to ₦27,000 a Bag While Lekki-Jakande Holds at ₦22,000
A 50kg bag of white garri firmed to ₦27,000 at Ajah Market in the week of June 1, up 35% from February, while Lekki-Jakande held …
Soybeans Rally on a China Buying Spree
Soybean prices have climbed to multi-year highs after Washington said China agreed to buy at least 25 million tonnes of US soybeans a year through …
Red Sea Detours Keep Food Freight High
More than two years after attacks pushed ships off the Red Sea, many cargoes still sail the long way around Africa, adding time, insurance and …
The World Grew a Mountain of Corn
Record global corn harvests have kept prices subdued, handing relief to the poultry and livestock farmers who turn maize into feed. A smaller US crop …
World Sugar Sinks to a Five-Year Low
A global sugar glut has pushed prices to their lowest in about five years, turning the market into a buyer's paradise. For countries that import …
A Strong Dollar Makes Dinner Pricier
The US dollar swung from a four-year low to renewed strength in 2026, and its direction matters far beyond Wall Street. For countries that import …
Ajah's June Reckoning: Drum Beans Up 181% and White Garri Up 35% Since February
Ajah's week of June 1 records a 50kg bag of drum beans at ₦135,000, up from ₦48,000 in February, and white garri at ₦27,000, up …
Lekki-Jakande's Beans Advantage: ₦128,000 a Bag Holds ₦6,667 Under Ajah in June
In the week of June 1, drum beans landed at ₦128,333 a 50kg bag at Lekki-Jakande and white beans at ₦108,333, both cheaper than at …
Lekki-Jakande Rice Eases in June: Royal Stallion Sheds 14.3% and Undercuts Ajah by ₦5,500
Rice softened at Lekki-Jakande in the week of June 1, with Royal Stallion down to ₦60,000 a bag from ₦70,000 in March and My Choice …
Ajah's Beans Ceiling: ₦135,000 a Bag in June, ₦11,667 Over Lekki-Jakande on White Beans
A 50kg bag of drum beans reached ₦135,000 at Ajah in the week of June 1, up from a February floor of ₦48,000, while white …