(3 minutes read)
- The frequent price changes of palm oil in Uganda have put the cultivators in a tailspin.
- Compounded by environmental impact and fertilizer shortage, palm oil cultivation in the southern African country has been under great strain
- Farmers point out that a kilogram of the edible vegetable oil costs 1 dollar, which is too little compared to the cost of cultivation
The frequent price changes of palm oil in Uganda have put the cultivators in a tailspin. Compounded by environmental impact and fertilizer shortage, palm oil cultivation in the southern African country has been under great strain. Farmers point out that a kilogram of the edible vegetable oil costs 1 dollar, which is too little compared to the cost of cultivation.
Uganda’s palm oil exports aggregated to 45 million dollars in 2020. The government has partnered with private companies to strengthen and broaden the market for a crop that is turning lives around in one of Uganda`s poorest districts. The government is now emphasizing agro-industrialization and to create markets internally.
In Ssese islands alone not less than one million trees are grown, which generate income of around US$280,000 per month. That is a considerable revenue for the islanders. Now, the palm oil cultivation is is being extended to other parts of the country.
