Ministry of Agriculture will attract investors to grow soybeans in Moldova

The Moldovan government intends to attract investors to grow soybeans in the country, which could lead to a reduction in imports of certain types of agricultural products. This was stated by the Deputy Prime Minister, Minister of Agriculture and Food Industry. According to him, expanding the area under soybeans can significantly help reduce imports of animal feed and fertilizers. “Soybeans are an important crop for crop rotation and are subsidized by the government. Because soybeans retain nitrogen in the soil, this reduces the need to apply significant amounts of nitrogen fertilizers to subsequent crops, especially when their cost has increased significantly. Every year we import significant volumes of soybean meal, which is extremely necessary for the development of livestock farming,” he explained. He also noted the importance of local soybean processing. “This can create new opportunities for the food industry of Moldova and will help to better master the soybean crop both in ...