Soya bean boom a boon for Zambian smallholder farmers

Zambian smallholder farmers who invested in soya bean farming against a background of price volatility now find themselves smiling all the way to the bank as the price keeps climbing. The price of the commodity is marching towards the K3 500/ton, on track for the best performance since 2015, with…

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Zambia’s farmers should consider planting soya – ZAMACE

Zambian farmers should think about planting soya beans for the coming season, says Jacob Mwale of the Zambian Commodity Exchange (ZAMACE). “There is an already existing market in South Africa. South Africa has to import from offshore countries like Argentina and Brazil. It’s the question of whether Zambia is competitive,”…

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Rise in soya bean price

The price of soya bean has gone up to K2 700 per ton from K2 200. According to the Zambia Commodity Exchange (ZAMACE), international demand spurred the increase. “The demand for soya beans on the international market has gone up from about September 2017, with buyers offering up to K2…

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Zambian banks back financing from grain warehousing

Stanbic and First National Bank (FNB) have started providing financing against warehouse receipts for grains deposited with the Zambia Agriculture Commodity Exchange (ZAMACE). According to the banks, receipts against deposited grains will also act as collateral to be redeemed for cash. ZAMACE operates an agricultural commodity exchange, supported by a…

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