Tridge summary
The 2022-2023 soybean sales campaign in Togo has commenced on November 15 and will conclude on June 30, 2023, with an anticipated sales volume of over 200,000 tons. This season marks a roughly 7% increase in the purchase price per kilogram, reaching CFA280 to CFA300. The industry, which has seen notable growth in recent years, is now governed with a focus on safety stock to ensure smooth processing operations, without imposing a moratorium on sales as in the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
(Togo First) - Togolese soybean actors officially launched the 2022-2023 sales campaign last Tuesday, November 15. The campaign will end on June 30, 2023. This season, over 200,000 tons of soybeans will be sold, according to the national federation of soybean producers. "We have agreed to set up a safety stock for the benefit of processors. The moratorium period that was given last year will not be granted this campaign, but all buying traders will put in place a safety stock for processors," said Komlan Kadzakade, President of the Interprofessional Council of the soybean sector (CFIS). This season, the on-field purchase price at the field is up by about 7%. –CFA280 to ...
Source: Togofirst
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