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South Africa’s canola area has grown from 17,000 hectares in 1998–99 to an estimated 197,890 hectares in 2026–27, and the country has become a net exporter, shipping to destinations including Germany and Belgium. The article attributes the expansion partly to rising domestic demand for oil and oilcake and to canola’s recent profitability relative to wheat; it also cites investment in crushing as a driver of South Africa’s earlier soybean-sector growth.
A larger canola crop and net exports increase potential supply to domestic and overseas markets, which could weigh on canola-derived feed ingredient prices if production continues to expand. The reported growth also illustrates how crushing capacity and oilcake demand can support oilseed acreage.
tce.exchangeDaily MaverickNov 9, 2026Not enough comparable past events yet for a historical read.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
