with competitive price soybean oil milling mill in ethiopia

   
with competitive price soybean oil milling mill in ethiopia
                                               
                                               
                                               
                                               
  • with competitive price soybean oil milling mill in ethiopia
  • Why is soybean important in Ethiopia?
  • Soybean is an economically important leguminous crop in Ethiopia. It is considered a cash crop and its value is underlined by the crop’s worth, in terms of foreign earning. Besides, it serves as a raw material for food and feed factories as well as the crop has an important source of protein for both humans and livestock.
  • Does Ethiopia produce edible oil?
  • Despite Ethiopia being a major producer and exporter of oilseeds, it imports more than three-fourths of its domestic edible oil consumption. The sector has potential due to the increase in demand. Small scale millers currently supply more than 60% of the domestically produced edible oil. One of the main inputs here is noug.
  • When was soybean introduced in Ethiopia?
  • The crop was introduced in Ethiopia in the 1950s and its research started in the 1970s. Soybean is an economically important leguminous crop in Ethiopia. It is considered a cash crop and its value is underlined by the crop’s worth, in terms of foreign earning.
  • Why is the pricing system for soybean complex?
  • The pricing system for soybean is complex because it involves interactions between the markets for soybean grain, soybean meal and soybean oil.