# Premier Feed Mills Nigeria suspends maize, sorghum purchases on high prices  - Milling Middle East & Africa Magazine - No.1 Grains Industry Magazine & Website for Africa & the Middle East

> Premier Feed Mills, a Nigerian subsidiary of Flour Mills, temporarily suspended maize and sorghum purchases from local producers because of high prices. Nigerian food inflation reached 35.41% in January, and white maize rose 79.5% year on year in December.

- Date: 2024-02-22 · published 2024-02-22T12:00:00.000Z
- Category: trade · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/31728-premier-feed-mills-nigeria-suspends-maize-sorghum-purchases-on-high-prices
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A large feed buyer stepping back cuts local demand, which pressures Nigerian maize and sorghum prices, though the effect is confined to one import-dependent market.

## Read by commodity

- CORN: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-02-19 | [Maize, sorghum prices fall 21% after millers suspend purchase - Businessday NG](https://feedsoft.ai/events/31726-maize-sorghum-prices-fall-21-after-millers-suspend-purchase-businessday-ng.md) | -0.3% | +7.1% |
| CORN | 2021-04-30 | [High grain prices alter feeding, trade patterns \| Feed Strategy](https://feedsoft.ai/events/47677-high-grain-prices-alter-feeding-trade-patterns-feed-strategy.md) | +5.0% | -2.1% |
| CORN | 2021-11-30 | [The collapse of world prices for wheat and corn has increased pressure on purchase prices in Ukraine 30.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/11601-the-collapse-of-world-prices-for-wheat-and-corn-has-increased-pressure-on.md) | +6.2% | +3.1% |
| CORN | 2026-10-29 | [Growing corn supplies put pressure on prices in Ukraine and the EU](https://feedsoft.ai/events/1984-growing-corn-supplies-put-pressure-on-prices-in-ukraine-and-the-eu.md) | -1.5% | — |
| CORN | 2021-03-11 | [Kenyan Poultry Feeding Trials Showcase U.S. Sorghum \| Feed & Grain](https://feedsoft.ai/events/48171-kenyan-poultry-feeding-trials-showcase-u-s-sorghum-feed-and-grain.md) | -7.7% | +3.4% |

## Sources

- millingmea.com: https://millingmea.com/premier-feed-mills-nigeria-suspends-maize-sorghum-purchases-on-high-prices/

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