# How High cost of feed is killing poultries – Report

> Poultry farmers and other animal breeders in Kebbi, Sokoto and Zamfara States in Nigeria have abandoned businesses because feed costs have risen sharply. Maize, which makes up about 55 per cent of poultry feed, and soybeans both reached very high local prices at the peak. Insecurity that keeps farmers off their land, transport costs, fertiliser prices and the exchange rate have tightened supply further.

- Date: 2026-11-15 · published 2026-11-15T12:08:08.119Z
- Category: policy · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/101103-how-high-cost-of-feed-is-killing-poultries-report
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Higher maize and soybean costs in Nigeria raise feed prices and push small poultry producers out of business, which cuts local poultry supply and keeps demand for imported feed ingredients firm. The effect on global prices is limited because this is a regional squeeze.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-10-28 | [Lower feed costs to protect hog raisers from low farmgate prices - DA \| GMA News Online](https://feedsoft.ai/events/209-lower-feed-costs-to-protect-hog-raisers-from-low-farmgate-prices-da-gma-news.md) | -0.5% | — |
| CORN | 2022-11-29 | [Removal of China’s domestic price trade barriers could increase China’s imports of agricultural commodities - High Plains Journal](https://feedsoft.ai/events/14880-removal-of-china-s-domestic-price-trade-barriers-could-increase-china-s-imports.md) | -3.8% | +0.6% |
| CORN | 2022-08-31 | [Russian restrictions on the export of amino acid feeds including (L-lysine, DL-methionine, etc.) - Knowledge - A.H.A](https://feedsoft.ai/events/40354-russian-restrictions-on-the-export-of-amino-acid-feeds-including-l-lysine-dl.md) | -2.0% | -3.7% |
| CORN | 2017-06-16 | [How Ivorian cocoa farmers are restoring lost tree cover - EU REDD Facility](https://feedsoft.ai/events/70531-how-ivorian-cocoa-farmers-are-restoring-lost-tree-cover-eu-redd-facility.md) | -3.5% | -2.6% |
| CORN | 2020-03-05 | [Recovery of pig herd showing positive signs - Chinadaily.com.cn](https://feedsoft.ai/events/54126-recovery-of-pig-herd-showing-positive-signs-chinadaily-com-cn.md) | +0.2% | -2.5% |
| SOY | 2021-08-11 | [US renewable diesel production faces headwinds from high feedstock costs](https://feedsoft.ai/events/45443-us-renewable-diesel-production-faces-headwinds-from-high-feedstock-costs.md) | -5.4% | -12.2% |
| SOY | 2025-11-06 | [OSU’s Todd Hubbs Talks about how EPA is Reshaping Soybean Demand - Oklahoma Farm Report](https://feedsoft.ai/events/15074-osu-s-todd-hubbs-talks-about-how-epa-is-reshaping-soybean-demand-oklahoma-farm.md) | +0.1% | -0.0% |
| SOY | 2025-08-26 | [How the EPA's RIN Policy is Reshaping the U.S. Biofuel Industry](https://feedsoft.ai/events/15100-how-the-epa-s-rin-policy-is-reshaping-the-u-s-biofuel-industry.md) | +0.0% | -1.3% |

## Sources

- dailytrust.com: https://dailytrust.com/how-high-cost-of-feed-is-killing-poultries-report/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.