Loading…
Nigerian poultry farmers face high feed prices even though maize prices have fallen sharply this year. A feed miller says a 25 kg broiler feed bag fell from N25,000 to about N14,500-15,000, while soybean costs remain high at N70,000-78,000 per 100 kg.
Imported minerals, amino acids and other additives are also keeping feed costs elevated due to forex volatility.
Currency weakness and imported additive costs are keeping Nigerian feed prices sticky despite cheaper maize, which limits relief for poultry producers.
businessamlive.comOnome AmugeSep 7, 2025After 301 past bearish macro events, Corn moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.
After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
