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  • What is the demand for soybeans in Zimbabwe?
  • Zimbabwe - As a result of the decline in agricultural production, Zimbabwe’s demand for soybeans exceeds its production, with demand at 125 000 ton per annum and production 50 000 per annum. Zimbabwe is a net importer of soybeans, soybean meal and soybean oil. production in these three provinces represented 82 % of total soybean production.
  • Should South Africa produce its own soybeans?
  • and 3 290 000 tons per annum. Current soybean production is 566 000 ton per annum. Ideally South Africa should do its own processing of soybeans given that the potential to do so exists. This is especially important in light of the fact that soybean meal is currently one of South Africa’s largest agricultural import products.
  • How can we meet the local soybean demand?
  • In order to meet the local soybean demand in terms of soybean meal, soybean oil, full fat soybeans and soybeans for human consumption local soybean production and processing would need to increase significantly. Increasing soybean production means that more land area need to be allocated to soybeans.
  • Does South Africa need a soybean value chain analysis?
  • Government stakeholders regarded it necessary to conduct a comprehensive soybean value chain analysis in order to fully understand the potential of soybean production and processing in South Africa. Based on this analysis an optimal development strategy for the soybean industry in South Africa can then be developed.
  • How does South Africa's soybean price affect export parity?
  • South Africa’s soybean price moved close to export parity the past two years. The price of soybeans in South Africa is influenced by the international soybean price, the price of imported soybean meal, the price of imported soybean oil and the cost of crushing soybeans.
  • Which countries produce soybean meal?
  • Soybean meal is predominantly used for animal feed. China, the United States of America, Argentina and Brazil are the major soybean meal producing counties representing 78 % of the world’s total production of soybean meal. Palm oil production dominates the international vegetable oil market with soybean oil following closely.