Soybeans: Togo launches its first regulated sales campaign

Monday, 21 October 2019 18:09
Soybeans: Togo launches its first regulated sales campaign

(Togo First) - Last weekend, Togo's first-ever regulated soybeans (and derivated products) sales campaign was launched in Atakpamé, 161km from Lomé in the Ogou prefecture. The campaign covers the 2019-2020 period.

The set volume to be sold during the period is 78,000 tons. The floor price is CFA189 per Kg. This, in a context where the country's output in the past three years has risen from 24,000 tons to 35,000 tons.  

The launch of the new sales campaign was the occasion to define a regulatory framework for the sales, as well as practical conditions for the campaign. The move was steered by the Soybeans Interprofessional Council of Togo (CIFS) and the Committee in Charge of the Coordination of this sector.

The sector, let's emphasize, employs nearly 300,000 people across the country.

Ayi Renaud Dossav

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