large scale soybean oil production line in lagos

large scale soybean oil production line in lagos
                                               
                                               
                                               
                                               
  • large scale soybean oil production line in lagos
large scale soybean oil production line in lagos
large scale soybean oil production line in lagos
large scale soybean oil production line in lagos
large scale soybean oil production line in lagos
  • 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).
  • 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.
  • Which province produces the most soybeans in Nigeria?
  • Province was the main production area with about 10.5 tons and 700 tons of soybean in 1946 and 1948 respec- tively. Subsequently, Nigeria’s soybean exportation rose from 9 tons in 1947 to 15,860tons in 1963(Shurtleff and Aoyagi, 2021). To date, the Benue province remains the most important location of soybean production in Nigeria.