Beijing sets plan to lower soybean purchases by 26 percent as grain output rises and import reliance slows.
The new facility, located in Ilorin, is designed to process large volumes of soybeans into edible oil and high-protein feed, supporting both Nigeria’s food security agenda and its growing livestock sector.
The programme aims to support 100,000 farmers with better inputs and advice across key states.
Record production and strong Chinese demand strengthen Brazil’s grip on exports.
Threats around the Strait of Hormuz raise energy costs and ripple through oilseed markets.