Agriculture · Fast-growing African crop
Soybean Price.
Soybean is Africa's fastest-growing protein crop: South Africa, Nigeria and Zambia keep planting more, yet poultry-feed and crushing demand still outruns supply. The global benchmark sets the ceiling; the local exchange price shows the premium African crushers actually pay.
Global benchmark
$481.72
African layer
Country-level prices
What the farmer is actually paid — farmgate, exchange and export prices the global benchmark never shows.
| Country | Type | Price | Source | As of |
|---|---|---|---|---|
| Nigeria | exchange | 570.87 NGN / kg | Mansa Markets(daily) | 5 Nov 2026 |
History
Benchmark price history
1 Nov 20251 Sept 2026
Production
Africa's role
Africa's share
Fast-growing African crop
Top producers
South Africa · Nigeria · Zambia · Malawi
Seasonality
Southern Africa harvests roughly March–May; Nigeria's harvest runs October–December. African demand is driven by poultry feed and vegetable-oil crushing, and is growing faster than local supply.
Cross-market
Related listed companies
Methodology
The global benchmark and African country-level prices are collected and checked by Mansa Markets: exchange-traded prices, export references and official regulator announcements, each stored with its price type, cadence and as-of date. Prices are for informational purposes only and are not real-time.
Frequently Asked
Soybean FAQ
Which African countries produce the most soybeans?
South Africa leads African soybean production, followed by Nigeria, Zambia and Malawi. Output is growing quickly but still trails the continent's feed and crushing demand.
What drives soybean demand in Africa?
Poultry feed is the biggest driver — soybean meal is the key protein input — alongside vegetable-oil crushing. That keeps African soybean prices sensitive to both local harvests and the global benchmark.
Are these soybean prices real-time?
No. The global benchmark updates monthly and the Nigerian exchange price daily. Every figure carries its source, cadence and as-of date.