Soybean is among the major industrial food crop; it is grown for its edible seeds and soil improvement potential. The seeds have about 20% oil, 38% protein and 30% carbohydrate. Because soybean is high in protein, it is a major ingredient in livestock feed.
Soybeans can be used to produce local cheese (meat substitute), milk, yoghurt, oil extract and flour and other industrial use. In Nigeria, the consumption of soybean has increased over the years, driven by poultry, fishery and edible oil industries.
Despite the growing demand from these industries, the production does not meet the increased demand in Nigeria. Nigeria produces 680,000 MT of soybean approximately and imports about 120,000 MT annually.
YOUR INVESTMENT COVERS THE FOLLOWING:
• Land Lease
• Farm inputs (improved soybean seed, fertilizer, pesticides and herbicides)
• Labour cost
• Farm operations (tillage, spraying, planting, harvesting and threshing)
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