oil machine crops outlook in Lusaka

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  • oil machine crops outlook in Lusaka
  • oil machine crops outlook in Lusaka
  • oil machine crops outlook in Lusaka
  • oil machine crops outlook in Lusaka

Upscaling Local Content in the Edible Oils Sector ZAM

Oil Crops Outlook: March 2024 USDA ERS

Oil Crops Outlook: March 2022 Cornell University

Oil Crops Outlook: June 2022

  • How is vegetable oil produced in Zambia?
  • In Zambia, the production of vegetable oil primarily relies on crushing soybeans and refining the crude oil produced. This means that oilcake/meal for animal feed and vegetable oil are essentially co-products derived from soybeans. Examining trade data for refined vegetable oil unveils a notable trend.
  • How much does a tonne of oil cost in Zambia?
  • In Zambia, prices reached $800 per tonne in August 2021, while in Malawi, they exceeded $1300 at the end of the year. Interviews conducted with industry stakeholders suggest that strong demand from higher-priced international markets significantly drove up regional prices.
  • How much did soybean cost in Lusaka in 2021?
  • Soybean prices in Lusaka surged from $350 per ton around the harvest season in May 2021 (with even lower prices reported in producing areas) to a peak of $780 per ton just three months later in August 2021, despite significant exports taking place during this period.
  • Why is Zambia a key production source for regional markets?
  • The growing regional demand for poultry feed inputs, coupled with global supply, climate, and economic challenges, underscores the immense opportunities for Zambia to serve as a key production source for regional markets while still meeting local feed and vegetable oil demands.

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