Nigeria: Grain and Feed Annual
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Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization. These factors are expected to increase consumer purchasing power and consumption of these grains as food and feed. Rice production is estimated to decrease by 5 percent to 7.9 million metric tons (MMT) and imports are expected to increase by 16 percent to 2.8 MMT in MY 2025/26 due to favorable import pricing compared to domestic paddy. Informal imports from neighboring countries of lower priced parboiled brown and milled rice from India and Thailand are expected to place downward pressure on domestic rice prices.
