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HomeAgribusinessWill cooking oil prices ease on Soya bumper harvest

Will cooking oil prices ease on Soya bumper harvest

Zambia is on track for a remarkable 70% increase in soybean production for the 2025/2026 agricultural season, with output forecasted to reach approximately 453,000 metric tonnes, up from 266,000 tonnes the previous season. Despite this substantial growth, industry experts caution that the surge is unlikely to significantly reduce cooking oil prices for consumers. Official government data indicates that even with the projected bumper harvest, domestic soybean production will still fall short of fully meeting the country’s edible oil requirements. In an interview with Zambian Business Times (ZBT), Aubrey Chibumba, Director of the Crushers and Edible Oil Refiners Association (CEORA), explained...

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