Oilseed
latest news & developments
Early 2025-26 production prospects signal an ample global grain and oilseed harvest
This forecast is based indications of good harvests in key producing countries such as the European Union, Russia, Canada, Argentina, the United Kingdom and India
Crop data reaffirms South African agriculture’s recovery path
This could be good for consumers as prices drop.
Farmers likely to plant more grain and oilseed in 2024-25 season
Slightly high prices and lower input costs, as well as the prospect of good rain will probably driving this
South Africa won’t be able to meet regional demand for white maize
The El Niño-induced drought and heatwave in February and March hit crops hard in Southern Africa
The global grains and oilseed supplies remain plentiful
Global agricultural prices and thus food prices will moderate, but not necessarily for South Africa
Summer crop harvest forecasts down notably from last year
South Africa started the 2023-24 summer crop season with optimism, but the outlook is now lower because of the excessive heat and limited rainfall across major crop-growing regions
Why I am optimistic about South Africa’s agricultural outlook in 2024
We are in for another good agricultural season, especially if January and February present favourable rainfall