# Olam Agri Breaks Ground on $70 Million Feed Plant in Nigeria, Completion Expected in 2027

> Olam Agri has begun construction of a $70 million integrated feed facility in Ogwashi-Uku, Nigeria. The site is planned to include a 1,500-tonne-per-day poultry feed mill, a 300-tonne-per-day aquafeed mill and 125,000 tonnes of storage, with operations expected to begin in 2027.

- Date: 2026-11-05 · published 2026-11-06T07:37:22.259Z
- Category: trade · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/83613-olam-agri-breaks-ground-on-70-million-feed-plant-in-nigeria-completion-expected
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

The new capacity could expand local feed availability and strengthen demand for feed ingredients as it comes online, while supporting Nigeria’s poultry and aquaculture sectors. Its supply and price effects are likely to be gradual given the 2027 start date.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-20 | [Since the beginning of MY 2017/18 grain export amounted to 20 million tons — Latifundist.com](https://feedsoft.ai/events/67334-since-the-beginning-of-my-2017-18-grain-export-amounted-to-20-million-tons.md) | +0.9% | +1.6% |
| CORN | 2024-09-25 | [McKalip feeling ‘confident’ with GM corn panel decision expected soon - Brownfield Ag News](https://feedsoft.ai/events/28273-mckalip-feeling-confident-with-gm-corn-panel-decision-expected-soon-brownfield.md) | +2.6% | +0.5% |
| CORN | 2021-03-26 | [US corn sales hike drives expectations of 70 million mt exports - Fastmarkets](https://feedsoft.ai/events/10760-us-corn-sales-hike-drives-expectations-of-70-million-mt-exports-fastmarkets.md) | +1.2% | +8.8% |
| CORN | 2016-12-02 | [Export Exchange Results in $460 Million in Grain and Co-Product Sales](https://feedsoft.ai/events/73453-export-exchange-results-in-460-million-in-grain-and-co-product-sales.md) | +4.1% | +4.2% |
| CORN | 2018-08-29 | [US feed associations release joint statement on preliminary trade agreement between US and Mexico - Milling and Grain](https://feedsoft.ai/events/63509-us-feed-associations-release-joint-statement-on-preliminary-trade-agreement.md) | +2.7% | +4.2% |
| SBM | 2019-07-31 | [Argentina Is Expected To Export 16 Million Tons Of Soybeans In 2019 - News - Jiaao Enprotech](https://feedsoft.ai/events/57927-argentina-is-expected-to-export-16-million-tons-of-soybeans-in-2019-news-jiaao.md) | -1.7% | -2.9% |
| SBM | 2018-10-31 | [China to buy more vegoils and animal feed meals in coming weeks \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/62632-china-to-buy-more-vegoils-and-animal-feed-meals-in-coming-weeks-agrifish-post.md) | +2.1% | +0.9% |
| SBM | 2018-08-29 | [US feed associations release joint statement on preliminary trade agreement between US and Mexico - Milling and Grain](https://feedsoft.ai/events/63509-us-feed-associations-release-joint-statement-on-preliminary-trade-agreement.md) | +1.8% | +2.3% |

## Sources

- indexbox.io: https://www.indexbox.io/ko/blog/olam-agri-breaks-ground-on-70-million-integrated-feed-mill-in-ogwashi-uku-nigeria/

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