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Post forecasts that South Africa’s oilseed area will be maintained at elevated levels in marketing year 2024/25. South Africa’s summer rainfall oilseed crops in marketing year 2023/24 have been affected by an El Niño induced mid-summer drought, resulting in an expected major drop in crop volumes, creating an optimistic outlook for higher crop area in marketing year 2024/25.

Post estimates that South Africa will produce a record rapeseed (locally called canola) crop of 220,000 metric tons in marketing year 2023/24.

Dashboard that demonstrates the scope of Black Sea grain and oilseed trade. Millions of tons of grain are shipped through these international waters each year, making the Black Sea region a major supplier of agricultural commodities worldwide.

South Africa experienced an upward trend in oilseed production (soybeans and sunflower seeds) driven largely by rising oilseed prices, higher yielding cultivars, and a local demand-pull from investments in new oilseed processing plants.

In marketing year (MY) 2021/22, total year-on-year Romanian oilseed production is forecast to increase by 36 percent due to favorable weather.

Post predicts that South Africa’s positive trend in soybean plantings will continue in the 2021/22 MY in line increased local crushing capacity.

Post forecasts that year-on-year Romanian oilseed production will decline by 10.7 percent in marketing year (MY) 2020/21, mainly due to a decline in the sunflower area.

On April 9, the Government of Romania (GOR) suspended most exports of grains, oilseeds, and related products as of April 10, 2020, to non-European Union (EU) markets.

In the 2020/21 MY, Post forecasts that South Africa's oilseed meal imports will drop by 8 percent to 550,000 tons and oilseed oil imports will decline by 5 percent to less than 400,000 tons...

Although 30 years ago Romania was Europe’s largest hemp producer, deteriorating processing facilities, lower demand for hemp products, and increasingly strict regulations....

Post forecasts that South Africa’s oilseed meal imports will drop by 25 percent to 495,000 tons in the 2019/20 MY, as a record of 1.3 million tons of oilseed meal will be produced locally.

South Africa produced a historical-high summer oilseed crop of 2.5 million tons in the 2017/18 MY with a further increase in oilseed production projected for the 2018/19 MY to 2.6 million tons.