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Nigerian brewers are substituting sorghum for imported barley malt and concentrates, with new sorghum malting investments. Sorghum farmers report growing demand from the brewing sector.
Nigeria is cited as the world's second-largest sorghum producer at about 11 million tonnes against 12.5 million tonnes of demand.
Nigerian brewers switching from barley to local sorghum reduces barley import demand and supports sorghum demand, though the scale is small against global markets.
businessday.ngBusinessDayOct 24, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
