South African rapeseed production forecast to continue expansion

South Africa is forecast to produce a record rapeseed crop of 220,000 tonnes in the 2023/24 marketing year due to increased plantings and favourable weather conditions, according to a report by the United States Department of Agriculture (USDA).
If realised, the crop would be a 5% year-on-year increase, the USDA’s Republic of South Africa – Surging Rapeseed Productionreport said.
Since 2019/20, rapeseed planted area had grown from 74,000ha to 128,100ha, while production had almost tripled, the USDA said.
“Rapeseed production in South Africa grew by seven-fold during the past 20 years after it was first introduced in the late 1990s,” the USDA said.
“Constant yield growth from new cultivars, combined with firm crush demand because of escalating vegetable oil prices, support the expansion in rapeseed production.”
With limited local processing capacity, South Africa started exporting rapeseed in the 2021/22 marketing year, according to the Foreign Agricultural Service (FAS)’s Global Agricultural Information Network (GAIN) report.
The country was forecast to ship a record 50,000 tonnes in the 2023/24 marketing year, with most of it transported to Germany and Belgium, the 11 August report said.
Although rapeseed production in the country had expanded significantly, it accounted for only 6% of total oilseed production in the 2022/23 marketing year, while soyabeans and sunflowerseeds accounted for 73% and 20% respectively, the report said.
Read also
Bunge’s first-quarter profit falls to lowest in 5 years
India deal will boost demand for malting barley in the UK
Purchase prices for sunseed in Ukraine remain stable, despite the decline in deman...
Ukraine exported agricultural products worth 4.4 bln euros to the EU in 2024
China resumes Brazilian soy imports from 5 suspended firms
Write to us
Our manager will contact you soon