In fact, South Africa’s domestic soybean production is only a third of the country’s crushing capacity. In the 2016/2017 marketing season, South Africa’s soybean production is expected to decrease by 27% year-on-year, leaving room for increases in oilcake and oil imports.
Does South Africa still import soybean oil?
Despite the increasing levels of soybean production, South Africa still imports considerable volumes of soybean oilcake and oil, and there is still considerable scope for production increases in order to substitute these imports. In fact, South Africa’s domestic soybean production is only a third of the country’s crushing capacity.
Does soybean production have a bright future in Africa?
The author argues that soybean production has a bright future in Africa due to the emerging and increasing demand for soybean oil and feed for livestock by the middle class. However, Africa continues to rely on the investment of largely resource?poor smallholders for the majority of crop production.
Why is the interest in soybean products growing in South Afric?
…………………………. 23DESCRIPTION OF THE INDUSTRYThe interest in soybean products has been recently growing in South Afric because of the health benefits associated with these products. Soybean consumption in the country is estimated at 67.8% for oil and oilcake, 15.29% for animal feed (especially in