Trade and markets
 

Detail

Area
Zimbabwe
Commodity Group
Oilseeds, oils and meals
Commodity
Oilseeds, soybeans
Date
01/07/2017
Policy Category
Production
Policy Instrument
Sector development measures
Description
Considered launching, jointly with the private sector, a loan facility to support local oilseed farmers, with a view to stimulate domestic production, especially of soy.
Notes
According to media reports, the Government of Zimbabwe is planning to launch – with support from the private sector – a loan facility to support the country’s oilseed farmers in a bid to stimulate domestic production, especially of soy. Funding would be directed primarily to irrigation infrastructure and farmer purchases of seeds, fertilizers and pesticides. Reportedly, the country’s oilseed producers’ association already identified farmers willing to sow a total of 60 000 hectares in the forthcoming season.