Ethiopia: Ethiopia Oilseeds Report Annual
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MY 2019/20 production of sesame seed, Niger seed and soybeans is estimated to increase. Consumption is projected to rise due to expansion of edible oil processing plants and integrated agroindustrial parks. Soybeans are now actively traded on the ECX trading floor. Soybean trade is expected to show a rapid growth driven by strong local demand and from India as an export market. In addition, Niger seed was added to the list of ECX traded commodities and trading will be launched soon. The launching of oilseeds trade through ECX would create enhanced market incentives for oilseeds growers to expand local production, streamline local trading, and increase exports.
