Wheat from Russia, Ukraine and other Black Sea countries remains the cheapest option.
Original content
Nigeria is forecast to import 6 million tonnes of wheat in the 2022-23 marketing year, down 3% from the previous season, according to a report by the Global Agricultural Information Network of the Foreign Agricultural Service of the Department of US Agriculture. (USDA). The report noted that the Ukraine-Russia war contributed to the decline in wheat imports. In 2021, Nigeria imported 51% of its wheat from Russia, Lithuania, Latvia and other Baltic countries. Russia's blockade of Ukrainian ports and the effect of sanctions imposed by the EU and other Western countries have caused wheat prices to soar. Wheat from Russia, Ukraine and other Black Sea countries remains the cheapest option for many millers in Nigeria. “Many millers blend Black Sea wheat with more expensive superior wheat from the United States and Canada to produce the dough needed for the bread that Nigerian consumers will eat,” the USDA said. “Wheat millers have increased the cost of wheat flour to accommodate the ...
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