Nigeria: Grain and Feed Annual
In 2021, Nigeria is expected to face decreases in grain supplies due to conflict and economic factors exacerbated by the secondary effects of COVID-19. Internal security across the country is a serious challenge to food production especially in the corn belt. Insecurity is rife across the country’s leading agricultural states. Corn and sorghum production are forecast to decline while rough rice production is forecast to grow by 17% higher than MY 2020/21 due to farmers now cultivating two crops per year. Consumption of wheat and corn is forecast to increase - especially corn being a critically important source of feedstock. Rice consumption is forecast to drop by 1.5% largely due to increasing prices amid lowering consumer purchasing power and declining household incomes. The government is unlikely to change its forex policy to help increase wheat, soybean, and corn imports.