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Zimbabwe's Stockfeed Manufacturers Association says local cotton cake prices are high because oil expressers divert cottonseed to export, where cotton cake sells for about US$270/t against US$300/t domestically. Cottco supplies over 90% of the seed under a Presidential Input Scheme arrangement.
Export diversion of cottonseed tightens domestic supply and pushes up local feed costs for Zimbabwean producers. The effect on international cottonseed meal prices is minimal.
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