South Africa: Oilseeds and Products Annual
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. This means that imported oilseed meal will contribute around 30 percent to local demand, down from 70 percent 10 years ago. For the 2018/19 MY, Post estimates an 18 percent increase in oilseed meal imports to 580,000 tons, to supplement local production due to a drop in soybeans and sunflower seed production. Drought conditions in the 2018/19 MY, reduced the South African soybean and sunflower seed crops by an estimated 17 percent and 35 percent, respectively.