Soybean is one of the world’s most important and traded oilseed, and is highly valued in its processed form as a source of edible oil, as well as a high quality protein for animal feed in the poultry and pig industries. There is a growing market for human consumption of processed soybean in forms such as Corn Soybean Blend (CSB) that offer a low cost source of protein, and could easily transform the dialogue on food security across the globe.
However, there are a number of key policy constraints facing the sector that currently need reform in order to move towards a more enabling environment for market players in the soybean value chain. Some policy and regulatory challenges identified include counterfeit soybean inputs; quality control; access to agricultural financing; and trade policy in general.
To this end, FoodTrade East and Southern Africa (FTESA), together with YAPASA (a Joint United Nations Programme between the International Labour Organization and the Food and Agriculture Organization of the United Nations) will be hosting the Soybean Public-Private Policy Dialogue (PPD) in Chisamba on 30 June – 1 July 2016. This event will bring together relevant government Ministries as well as Private sector representatives from across the value chain to reflect on and debate the opportunities and challenges presented by the current policies that are in place.
Attendees aim to develop a roadmap with clear activities and objectives for addressing the identified constraints facing the soybean sector in Zambia, and establish an action group comprising of key public and private sector actors, who will be responsible for influencing reforms by implementing the roadmap.