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- (-) April 2015
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South Africa will import around 10,000 MT of peanuts in the 2014/15 MY, as an 11 decrease in peanut production is expected due to a mid-summer drought that hit the summer rainfall production areas.
The impact of the 2014/15 MY drought in the sugar industry is expected to continue in the 2015/16 MY.
The EU-28 production of sugar for food for MY 2014/15 is estimated to increase to 16.750 million MT in raw sugar equivalent (RSE), from 16.0 million MT in MY 2013/14...
Since 2013, chicken meat prices in South Africa increased by 13 percent and in the past year by more than eight percent, as increased import tariffs of chicken meat escalate local prices.
The outlook for the MY2015/16 EU28 grain crop is positive with another sizeable crop forecast, albeit down from the record volume achieved in MY2014/15.
South African Poultry Association implies that U.S. poultry producers’ access to the South African chicken market would destroy the local industry and cost thousands of jobs.
Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).
Oilseed production in South Africa is expected to decrease by 15 percent in the 2014/15 MY, due to a mid-summer drought that hit the main summer rainfall producing areas.