Beans & seeds
Soybean in Nigeria: prices and market analysis
Protein crop for poultry feed and oil; Benue is the leading producer.
Prices updated 5 November 2026
- Average price
- ₦873,000 / tonne
- 4-week change
- −0.0%
- Cheapest market
- Benue · ₦820,000
- Dearest market
- Lagos · ₦935,000
- Season now
- Harvest
- On Agromate
- 14 t offered · 10 t wanted
Soybean, month by month
Colour: crop stage. Blue line: typical rainfall for Benue (1991–2020).
Nov · stage
Harvest
Harvest and drying. Losses are highest now if crops get wet or are left too long.
- Typical rain
- 30 mm
- Mean temperature
- 25.4°C
Losses to watch
Harvest as soon as pods dry to avoid shattering. Store clean, dry beans in bags off the floor.
Threats in Nov
Price by state
Weekly price per tonne in the main producing states. Pilot estimate, replace with NBS / field data.
- Benue
- Kaduna
- Niger
- Plateau
Show as table
| Week | Benue | Kaduna | Niger | Plateau |
|---|---|---|---|---|
| 20 Aug | ₦868k | ₦892k | ₦887k | ₦927k |
| 27 Aug | ₦862k | ₦893k | ₦911k | ₦927k |
| 3 Sept | ₦854k | ₦873k | ₦902k | ₦918k |
| 10 Sept | ₦857k | ₦887k | ₦912k | ₦916k |
| 17 Sept | ₦865k | ₦873k | ₦909k | ₦927k |
| 24 Sept | ₦867k | ₦878k | ₦899k | ₦924k |
| 1 Oct | ₦812k | ₦825k | ₦832k | ₦862k |
| 8 Oct | ₦804k | ₦823k | ₦851k | ₦864k |
| 15 Oct | ₦816k | ₦837k | ₦840k | ₦853k |
| 22 Oct | ₦818k | ₦834k | ₦854k | ₦859k |
| 29 Oct | ₦811k | ₦828k | ₦837k | ₦868k |
| 5 Nov | ₦820k | ₦835k | ₦840k | ₦869k |
Price gap: 14%. Soybean costs ₦820,000 a tonne in Benue and ₦935,000 in Lagos. Buyers can save by sourcing from Benue; check the truck cost first.
| State | Latest / tonne | vs average |
|---|---|---|
| Benue | ₦820,000 | −6.1% |
| Kaduna | ₦835,000 | −4.4% |
| Niger | ₦840,000 | −3.8% |
| Plateau | ₦869,000 | −0.5% |
| Nasarawa | ₦881,000 | +0.9% |
| FCTconsumer market | ₦931,000 | +6.6% |
| Lagosconsumer market | ₦935,000 | +7.1% |
Season and harvest outlook
Harvest is under way in the main producing states. Supply is rising, which usually pulls prices down.
- Jan–
- Feb–
- Mar–
- Apr–
- May–
- Junplanting
- Julplanting
- Auggrowing
- Sepgrowing
- Octharvest
- Novharvest
- Decgrowing
Typical calendar and main producing states from public agronomy references; varies by zone and year.
Weather risk in producing states
Next 7 days, read against this month's crop stage. Live from Open-Meteo.
Benue
Good drying0 mm · 0 wet days · up to 35°C
Dry week ahead: good conditions to harvest and dry produce.
Kaduna
Good drying0 mm · 0 wet days · up to 35°C
Dry week ahead: good conditions to harvest and dry produce.
Niger
Good drying0 mm · 0 wet days · up to 36°C
Dry week ahead: good conditions to harvest and dry produce.
Plateau
Good drying0 mm · 0 wet days · up to 32°C
Dry week ahead: good conditions to harvest and dry produce.
Nasarawa
Good drying0 mm · 0 wet days · up to 36°C
Dry week ahead: good conditions to harvest and dry produce.
Kwara
Good drying0 mm · 0 wet days · up to 37°C
Dry week ahead: good conditions to harvest and dry produce.
Crop reference
Main producing states
Benue, Kaduna, Niger, Plateau, Nasarawa, Kwara, Taraba
Varieties traded
TGX 1835-10E, TGX 1448-2E, TGX 1951-3F
What buyers grade on
- Moisture content
- Split and damaged beans
- Foreign matter
- Oil content (for crushers)
Storage and handling
Harvest as soon as pods dry to avoid shattering. Store clean, dry beans in bags off the floor.
Risks
| Pod shattering | Medium | Late harvest lets pods split open and lose beans. |
|---|---|---|
| Soybean rust | Medium | A leaf disease in humid weather. |
Typical calendar and main producing states from public agronomy references; varies by zone and year.
