Soybean price elates farmers in Zambia

Published 2021년 5월 14일

Tridge summary

Farmers in Kabwe district are experiencing high market demand and prices for soya beans, with current prices ranging from eight to ten Kwacha per kilogramme. This is a significant increase from the five Kwacha per kilogramme last year, and small scale farmers are particularly benefiting due to less competition from commercial farmers who did not grow the crop in the recent rainy season. The chairperson of the Kabwe District Farmers Union has urged farmers to sell their soya beans promptly to avoid market saturation and maximize profits.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Farmers in Kabwe district in Central province are happy with the current market price for the soya beans cash crop. Kabwe District Farmers Union chairperson, NKhomani Ng’ambi disclosed that currently, soya beans is selling between eight and ten Kwacha per one kilogramme (kg) in the area. Mr. Ng’ambi told ZANIS in Kabwe that the market selling price of soya beans has been received with excitement among farmers. He said small scale farmers were especially happy because they usually face stiff market competition from commercial farmers. Mr. Ng’ambi explained that this is because most soya beans commercial farmers did not grow the cash crop in the just ended rain season. He noted that this gave small scale farmers a chance to have an attractive market price for soya beans, which is currently on high demand. Mr. Ng’ambi further said last year, the price of soya beans was five Kwacha per ...
Source: Lusakatimes

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