South Africa: Oilseeds and Products Annual
Post forecasts that a record area of 1.4 million hectares will be planted with oilseeds in South Africa in the 2017/18 MY. This is on the back of an expected record oilseed crop of 2.1 million tons in the 2016/17 MY, an increase of 42 percent from the 2015/16 MY drought reduced oilseed crop of 1.5 million tons. South Africa will crush record highs of almost 2.0 million tons of oilseeds in the 2016/17 MY and 2017/18 MY. As a result, imports of oilseed meal will drop to about 570,000 tons or 35 percent of local consumption in the 2017/18 MY, while the imports of soybean oil and sunflower seed oil will drop to 290,000 tons.
