# Forex crunch,power bills block price relief for poultry feed

> 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.

- Date: 2025-09-07 · published 2025-09-07T12:00:00.000Z
- Category: macro · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/23225-forex-crunch-power-bills-block-price-relief-for-poultry-feed
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Currency weakness and imported additive costs are keeping Nigerian feed prices sticky despite cheaper maize, which limits relief for poultry producers.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-11-23 | [French poultry leader seeks more double-digit price rises on costs \| Euronews](https://feedsoft.ai/events/38820-french-poultry-leader-seeks-more-double-digit-price-rises-on-costs-euronews.md) | -1.6% | -1.8% |
| CORN | 2022-07-07 | [What Do Recent Falling Feed Prices Mean For Dairy Producers? - EDairy News English](https://feedsoft.ai/events/8551-what-do-recent-falling-feed-prices-mean-for-dairy-producers-edairy-news-english.md) | -0.6% | -15.3% |
| CORN | 2025-03-05 | [Declining crude oil and vegetable oil prices lower prices for sunflower seeds and oil in Ukraine](https://feedsoft.ai/events/11140-declining-crude-oil-and-vegetable-oil-prices-lower-prices-for-sunflower-seeds.md) | +3.5% | +6.0% |
| CORN | 2020-08-04 | [Poultry farmers in India seeking $2.7 billion after virus scare](https://feedsoft.ai/events/51765-poultry-farmers-in-india-seeking-2-7-billion-after-virus-scare.md) | -0.6% | +7.2% |
| CORN | 2024-08-21 | [Farmers look to Washington for inflation pressure relief - Marketplace](https://feedsoft.ai/events/28773-farmers-look-to-washington-for-inflation-pressure-relief-marketplace.md) | -1.6% | +6.3% |
| SOY | 2025-08-22 | [Commodity Prices Surge As Powell Signals September Fed Rate Cut \| FXEmpire](https://feedsoft.ai/events/23247-commodity-prices-surge-as-powell-signals-september-fed-rate-cut-fxempire.md) | -0.6% | -0.9% |
| SOY | 2019-12-31 | [USD: Fed's balance sheet expansion is creating a less favorable environment for the dollar - MUFG - Forex Crunch](https://feedsoft.ai/events/55756-usd-fed-s-balance-sheet-expansion-is-creating-a-less-favorable-environment-for.md) | -0.5% | -4.9% |
| SOY | 2017-08-24 | [The Assay - Why the FED’S actions are bullish for commodity prices](https://feedsoft.ai/events/69364-the-assay-why-the-fed-s-actions-are-bullish-for-commodity-prices.md) | -1.3% | +3.8% |

## Sources

- businessamlive.com: https://businessamlive.com/forex-crunchpower-bills-block-price-relief-for-poultry-feed/

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