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.
East Africa continues to lag in soybean output despite favorable agro-climatic conditions.
Wheat and soybean would be the primary focus of the import strategy.
Faced with rising demand from the edible oil and animal feed industries, Nigeria is pivoting to a new growth strategy.