South Africa: Oilseeds and Products Annual
Post forecasts that a record area of 1.6 million hectares will be planted with oilseeds in South Africa later in 2018, for the 2018/19 MY, which is predominantly driven by increased soybean plantings. This could allow South Africa to produce a historical high oilseed crop of 2.4 million tons in the 2018/19 MY, 10 percent more than the 2017/18 MY’s estimated oilseed crop of 2.2 million tons. As a result, South Africa could crush a record of almost 2 million tons of oilseeds in the 2018/19 MY and oilseed meal imports could drop by 14 percent to 480,000 tons. Oilseed oil imports are estimated to drop by 6 percent to 315,000 tons.
