# Zambia material export ban sends feed prices record high - VIDEO - Business Daily

> Zambia has banned exports of soya and sunflower meals, a major feed raw material. Kenyan feed costs have hit record highs, with soya meal reported to have doubled in price over the past year. Fifteen Kenyan feed millers have reportedly closed.

- Date: 2021-08-30 · published 2021-08-30T12:00:00.000Z
- Category: trade · region Kenya · magnitude medium
- Page: https://feedsoft.ai/events/45683-zambia-material-export-ban-sends-feed-prices-record-high-video-business-daily
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Losing Zambian meal supply tightens Kenya's available soymeal and sunflower meal, pushing up feed costs and squeezing regional feed buyers' margins.

## Read by commodity

- SBM: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-08-02 | [Argentina exports $3.2 bn in farm products - Markets - Business Recorder](https://feedsoft.ai/events/14013-argentina-exports-3-2-bn-in-farm-products-markets-business-recorder.md) | +1.9% | -2.0% |
| SBM | 2023-11-09 | [Soymeal exports likely to pick up soon as global prices rally: Report \| News - Business Standard](https://feedsoft.ai/events/33242-soymeal-exports-likely-to-pick-up-soon-as-global-prices-rally-report-news.md) | +4.0% | -4.8% |
| SBM | 2021-08-31 | [Blow for farmers as costs of feeds hit record high \| Daily Nation](https://feedsoft.ai/events/45679-blow-for-farmers-as-costs-of-feeds-hit-record-high-daily-nation.md) | -1.4% | -1.1% |
| SBM | 2022-02-11 | [Soyameal exports down 64% in Oct-Jan on lower crushing, high prices - The HinduBusinessLine](https://feedsoft.ai/events/42781-soyameal-exports-down-64-in-oct-jan-on-lower-crushing-high-prices-the.md) | -1.4% | +10.3% |
| SBM | 2020-10-30 | [Price for soybeans relatively high - Food & Agribusiness](https://feedsoft.ai/events/50666-price-for-soybeans-relatively-high-food-and-agribusiness.md) | +2.9% | +5.7% |

## Sources

- businessdailyafrica.com: https://www.businessdailyafrica.com/bd/markets/commodities/zambia-material-export-sends-feed-prices-record-high-3531764

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.