Trade and markets
 

Detail

Area
Zimbabwe
Commodity Group
Oilseeds, oils and meals
Commodity
Soybeans
Date
01/08/2017
Policy Category
Consumption and marketing
Policy Instrument
Market regulation
Description
d to stimulate domestic soybean production and reduce the country’s dependence on imported edible oil.
Notes
For the 2017/18 season, the Government of Zimbabwe fixed the price for soybeans delivered to the state-owned Grain Marketing Board at USD 610 per tonne, i.e. 22 percent above the prevailing price of USD 500. The measure is meant to stimulate domestic soybean production, thus helping to reduce the country’s dependence on imported edible oil.