South Africa: Oilseeds and Products Annual
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South Africa experienced an upward trend in oilseed production (soybeans and sunflower seeds) driven largely by rising oilseed prices, higher yielding cultivars, and a local demand-pull from investments in new oilseed processing plants. Post believes this upward trend will continue in marketing year 2022/23, to reach historically high oilseed production levels of almost 2.9 million metric tons. As a result, South Africa’s dependency on imports to meet the local demand for oilseed oil and meal will decline to record low levels.