Ondo State Agriculture & Commodity Market Intelligence
Cocoa, cassava, rice, oil palm, livestock, and fisheries in Nigeria’s South-West
Overview of Agriculture in Ondo State
Ondo State is a South-West Nigerian state with fertile tropical soils and a favorable climate, making agriculture a primary economic driver. Farming, livestock, and fisheries provide employment for many rural and peri-urban households.
The state is a major producer of cocoa, cassava, maize, rice, plantain, oil palm, and yam. Government programs and private sector investments support mechanized farming, value addition, and market access.
Ondo Agriculture Snapshot
Staple Crops
Cassava, Rice, Maize, Yam, Plantain
Cash Crops
Cocoa, Oil Palm, Kolanut, Cashew
Livestock
Poultry, Goats, Sheep, Pigs
Fisheries & Aquaculture
Marine & Inland Fish Farming
Major Crops Produced
Cocoa is Ondo State’s flagship cash crop and a major export commodity. Other crops include cassava, rice, maize, yam, plantain, oil palm, and kolanut. These crops are grown on both smallholder and commercial farms, supporting food security and trade.
The state government provides training, subsidized inputs, and mechanization programs to increase yields and strengthen agribusiness.
Livestock Production
Livestock farming is widely practiced, including poultry, pigs, goats, and sheep. These activities provide protein for households and supplement farmer incomes across the state.
Fisheries & Aquaculture
Fishing is a key activity in coastal and inland riverine areas, supplying fresh fish and supporting local economies. Aquaculture is expanding through modern fish farms and cooperative initiatives.
Agricultural Markets & Trade
Markets in Akure, Ondo, Owo, and other urban centers serve as aggregation points for cocoa, staples, and livestock, connecting farmers to regional and national supply chains.
Agricultural Development & Investment Opportunities
Investment opportunities include cocoa processing, cassava and rice milling, oil palm value addition, livestock farming, and fisheries. Government programs support mechanization, youth engagement, and market linkage to enhance production and commercialization.
Cocoa & Oil Palm
Palm Oil & Cocoa Products
Rice & Cassava Processing
Garri, Fufu, Flour Production
Livestock
Poultry, Goats, Pigs, Sheep
Fisheries
Fish Farming & Aquaculture
Agricultural Seasons
Ondo State enjoys a tropical climate with a rainy season supporting major crops. Dry-season farming and irrigation allow year-round cultivation for select crops such as rice and vegetables.
Major Commodity Prices in Ondo State
| Commodity | Average Price | Market Trend |
|---|---|---|
| Cocoa | ₦39,000 / Bag | Export-Oriented |
| Rice | ₦57,000 / 50kg | High Demand |
| Cassava | ₦40,000 / Bag | Stable |
| Maize | ₦45,000 / 50kg | Growing |
