Nigeria: Grain and Feed Update

Imported wheat ensures Nigeria food security amid a growing population since domestic production remains minimal. Wheat imports remain strong despite challenges accessing foreign exchange. Rice consumption is expected to increase largely due to increasing consumer preference for other varieties like foreign basmati and local ofada rice, in addition to parboiled rice. With expectations of larger production for 2021/22, post boosted feed and residual use reflecting strong demand in the poultry sector. Unlike the previous year, the government is unlikely to approve imports. Corn imports are adjusted accordingly.