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  • How much does a soybean oil machine cost?
  • The price of a soybean oil machine will depend on the type and the desired production output. The cost will range from 1 lac to 5 Lac per machine for a small-scale operation. What is Soybean Oil? Soybean oil is a vegetable oil extracted from soybeans.
  • How much do soybeans cost in Nigeria?
  • Unlike every other part of the country, the prices in the north central states are surprisingly on the rise. Using Abuja as the benchmark here, a 100kg bag of soybeans now goes for as high as ₦17,000; a marginal increase from last year’s price of around ₦15,000 to ₦15,500.
  • Is there a market for soybeans in Nigeria?
  • Although market opportunities exist in Nigeria for soybeans sales and export, the level of participation by local farmers is still relatively abysmal. A widespread perception of unfavourable market liquidity conditions keeps discouraging farmers from taking up soybean cultivation.
  • Why is automatic soybean oil processing plant necessary?
  • Automatic soybean oil processing plant is necessary because of the low efficiency of the oil extracted by hand operated machines.
  • How is soybean oil extracted?
  • Two common soybean oil production processes are solvent extraction (chemical) and mechanical extraction using a screw press. The most conventional method is to extract oil by mechanical oil processing machines. The oil obtained from screw press, known as crude oil, usually undergoes a filtration process before being consumed as food.