Ondo State

Ondo State Agriculture & Commodity Market | Commodity.ng

Ondo State Agriculture & Commodity Market Intelligence

Cocoa, cassava, rice, oil palm, livestock, and fisheries in Nigeria’s South-West

Farmers

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.

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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.

Fish Farming

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

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