Soybean

Under the new law, farmers and cooperatives exporting their own produce are exempt from the duty.

According to ADM, the move aims to consolidate its soy protein operations into a “more efficient global network.”

Togo’s soybean production has steadily increased over the past decade, rising from less than 25,000 tons in 2015.

China, the world’s largest buyer of soybeans, typically sources the oilseed from both the U.S. and Brazil.

China is projected to import 112 million tonnes in the 2025-26 marketing year.