soybean oil production line of iso 9001 certificate in lagos

soybean oil production line of iso 9001 certificate in lagos
                                               
                                               
                                               
                                               
  • soybean oil production line of iso 9001 certificate in lagos
soybean oil production line of iso 9001 certificate in lagos
soybean oil production line of iso 9001 certificate in lagos
soybean oil production line of iso 9001 certificate in lagos
soybean oil production line of iso 9001 certificate 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 palm kernel oil will Nigeria import in 2021?
  • FAS Lagos forecasts Nigeria’s palm kernel oil imports in MY 2021/22 to reach 20,000 MT, up over 33 percent greater than the USDA official MY 2020/21 estimate of 15,000 metric tons. Post forecasts palm kernel oil exports in MY 2021/22 to increase to 18,000 MT, from the USDA official MY 2020/21 estimate of 5,000 metric tons.
  • Will Nigeria’s soybean meal imports go up to 50,000 metric tons?
  • FAS Lagos forecasts Nigeria’s soybean meal imports in MY 2021/22 to go up to 50,000 metric tons (MT) as the exorbitant price of local soybean meal is alarming. Meanwhile, the lack of foreign exchange is a challenge for soybean meal imports. Exports are forecast to reach same 50,000 metric tons as forecast by the USDA official MY 2020/21 estimate.