Nigeria: Oilseeds and Products. Soybeans and Products, 2008. GAIN Report Number NI8031

摘要

Nigeria's domestic production of soybeans is continuing to trend upwards, but still does not meet the rapidly growing demand from the poultry industry and vegetable oil producers. This deficit caused the price of soybean meal to double within eight months, and peak at $1,100 per ton in August 2008. These high prices have severely impacted poultry operators and soybean meal imports are rising. In addition, the decision of the GON to remove the import ban on crude vegetable oil is encouraging local producers of vegetable oil to look to imports to fill the supply deficit. Market opportunities exist in Nigeria for U.S. exports of soybeans, soybean meal, crude vegetable oil and soy-based food products.