USDA Foreign Agricultural ServiceEthiopia: Ethiopia's Oilseed Sector Set to Expand
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- Why are soybean exports booming in India?
- 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.
- Could ECX help boost oilseed trade?
- 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. Insight and analysis from FAS's overseas offices on issues affecting agricultural production and trade.
- Are soybeans trading on ECX?
- 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.
