Area under soyabean in Zimbabwe rises by 9 percent

Published 2023년 3월 4일

Tridge summary

Soyabean farmers in Zimbabwe are optimistic about a large harvest this season due to a 9% increase in the area under soyabean cultivation, rising from 51,488 hectares to 55,944 hectares. This expansion is anticipated to reduce the country's import bill, as imports of crude and refined soya bean oil surged by 30% last year. The government is promoting import substitution by urging local industries to fund at least 40% of their raw material needs through increased local production. However, not all edible oil processing companies have contracted local farmers for their raw materials this season. Additionally, food crop contractors in the country have surpassed their pre-season target by 10% by planting over 30,000 hectares of soyabeans.

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Original content

Source: Area under soyabean rises 9pc | The Herald Edgar Vhera Agriculture Specialist Writer Soyabean contractors are optimistic of a huge harvest this season after a 9 percent increase in the area under soyabean from 51 488 hectares in the previous season to 55 944ha now. The jump in the area under soyabean is expected to reduce Zimbabwe’s import bill. This comes as imports of crude and refined soya bean oil and fractions, surged 30 percent to US$290 million last year, from US$223 million in the prior year, according to statistics from the Zimbabwe National Statistics Agency (ZimStats). The Government has been calling for import substitution through increased local production. Since 2010, Zimbabwe’s import of crude and refined soya bean oil has been on an upward trend from US$30 million in 2010 to US$290 million last year, representing a whopping 867 percent rise. Soyabean is a strategic crop and a raw material for oil expressing, stockfeed manufacturing and food industries. The ...

Source: Zimbabwesituation