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- (-) April 2015
- (-) South Africa
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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.
In MY2015/2016, total raw sugar production is forecast to increase 3 percent to 2.127 MMT from MY2014/15 due to an increase in raw beet sugar production of 60,000 MT or a total of 1.210 MMT.
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.
Soybean imports are expected to reach 1.97 MMT, reflecting additional crush capacity and soy meal demand.
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.
The Ministry of Agriculture and Land Reclamation announced it would not directly provide cash subsidies for MY2015/16, after offering such subsidies to farmers for the first time in MY2014/15.
News on developments in agriculture and food in Egypt.
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.