Zambia to export 100,000 metric tons of soybeans

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Soybean
Soybean
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Oil seed stakeholders in Zambia have agreed to export about 100,000 metric tons of soybeans due to improved production, an industry body said Wednesday.

Calvin Kaleyi, the manager of Media and Public Relations at the Zambia National Farmers Union (ZNFU), an umbrella body for farmers, said the move was arrived at during a consultative meeting held by the stakeholders. He said the stakeholders have recommended to the government that 100,000 metric tons of soybeans should be exported following a projected production of 475,353 metric tons of the crop during the 2021/2022 farming season.

He said in a statement that the production was more than enough for both domestic and industrial consumption.

According to him, the stakeholders also resolved that about 230,000 metric tons of soybeans will be used in manufacturing feed and other animal proteins while 50,000 metric tons will be utilized in the manufacturing of food for human consumption.

The move will bring the total domestic requirements to 280,000 metric tons, leaving a total of 195,353 metric tons of soybeans for export. Enditem

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