Food Price News & Market Intelligence
Real-time food price analysis, agricultural market updates, and inflation tracking across Nigeria and Africa.
Lekki-Jakande Beans Climb 33.3% to N73,333 as Drum Beans Debut at N128,333
Oloyin beans at Lekki-Jakande Market rose from N55,000 in late January to N73,333 by the week of June 1, a 33.3% climb, while drum beans …
Mushin Market Local Rice Drops 28% to N54,000 While Oloyin Beans Push to N65,000
A 50kg bag of Nigerian manufactured rice at Mushin Market fell from N75,000 in late January to N54,000 by the week of March 16, a …
Indonesia's Fuel Bet Lifts Palm Oil
Palm oil prices are climbing as Indonesia, the world's top exporter, burns more of its crop as biodiesel. With a higher blend planned and a …
A Rice Glut the World Won't Buy
The world is sitting on a record pile of rice, and top exporters India, Thailand and Vietnam are competing hard to sell it. That should …
Coffee Spikes on a Brazil Weather Scare
Coffee jumped to a five-month high in early July as a slow, rain-hit harvest in Brazil and fears of an El Niño hit to next …
El Niño Returns to Test World Harvests
Forecasters have confirmed that El Niño is forming, with the WMO putting the odds near 90 per cent for later in 2026. The pattern tends …
Oshodi Market Cooking Oil Jumps 54.2% to N18,500 as Rice and Beans Ease
A 5 litre bottle of Kings vegetable oil at Oshodi Market rose from N12,000 in mid January to N18,500 by the week of April 13, …
Oshodi Market Cooking Oil Jumps 54.2% to N18,500 as Rice and Beans Ease
A 5 litre bottle of Kings vegetable oil at Oshodi Market rose from N12,000 in mid January to N18,500 by the week of April 13, …
World Food Prices Ease Again in June
Global food prices slipped for a second month in June 2026 as cheaper cereals, sugar and dairy outweighed costlier vegetable oils and meat. The FAO …
Mile 12 Market Onions Surge 75.5% to N8,250 a Bowl as Carrot Prices Crash
Red onions at Mile 12 Market rose from N4,700 to N8,250 a big bowl between the weeks of January 19 and February 2, a 75.5 …
Iyana Ipaja Market Long Grain Rice Falls 21.1% to N50,000 as Short Grain Firms
A 50kg bag of imported long grain rice at Iyana Ipaja Market fell from N63,333 to N50,000 between the weeks of March 23 and April …
Mushin Rice Bag Falls to N54,000 by Mid March as Import Duty Cut Drives Local Prices Down
A 50-kilogram bag of Nigerian manufactured rice at Mushin Market dropped from N75,000 in the week of January 26 to N54,000 by the week of …