350w commercial soybean oil production line in nigeria

   
350w commercial soybean oil production line in nigeria
                                               
                                               
                                               
                                               
  • 350w commercial soybean oil production line in nigeria
  • How much soybean will Nigeria produce in 2021/22?
  • FAS Lagos forecasts Nigeria¡¯s soybean production in MY 2021/22 (October-September) to reach 1.25 million metric tons (MMT), up 43 percent or some 375,000 metric tons (MT) above the USDA official MY 2020/21 estimate of 875,000 metric tons (MT).
  • Why did soybean production increase in Nigeria?
  • The production increase is attributable to favorable grower prices and sustained high demand for soy meal by the poultry sector. FAS Lagos forecasts Nigeria¡¯s soybean oil consumption in MY 2021/22 to reach 170,000 metric tons (MT), up nearly 58 percent greater than the USDA official MY 2020/21 estimate of 112,000 metric tons (MT).
  • Is soybean oil good for Nigeria?
  • Nigerian consumers give soybean oil high marks for health and quality benefits ¨C compared with other vegetable oils. FAS Lagos forecasts Nigeria¡¯s soybean oil imports in MY 2021/22 to reach 10,000 metric tons (MT), growing by more than 9,000 metric tons (MT) compared to the USDA official MY 2020/21 estimate of 1,000 metric tons.
  • How much soybean is consumed in Nigeria?
  • FAS Lagos forecasts Nigeria¡¯s soybean consumption in MY 2021/22 to reach 1.275 million metric tons (MMT), up 38 percent compared to the USDA official MY 2020/21 estimate. Consumption is growing in response to greater demand in food processing and feed use.