# Opportunity mounts for sorghum growers as manufacturers raise local sourcing - Businessday NG

> Nigerian brewers are increasing their use of sorghum in place of imported barley malt because of central bank foreign exchange restrictions on food imports. Investment in local sorghum malting plants is growing, and more farmers are planting sorghum.

- Date: 2019-09-11 · published 2019-09-11T12:00:00.000Z
- Category: trade · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/57153-opportunity-mounts-for-sorghum-growers-as-manufacturers-raise-local-sourcing
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Rising domestic sorghum demand in Nigeria can tighten local supply and support sorghum prices, while reducing barley imports. The impact on world prices is limited.

## Read by commodity

- BARLEY: bearish ▼
- SORGHUM: bullish ▲

## Sources

- businessday.ng: https://businessday.ng/agriculture/article/opportunity-mounts-for-sorghum-growers-as-manufacturers-raise-local-sourcing/

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