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South Africa now produces about 3 million tonnes of soybeans annually and has shifted from being a net importer of soybean oilcake to a net soybean exporter, following investment in crushing capacity and expanded plantings. Canola area has grown from 17,000 hectares in 1998–99 to an estimated 197,890 hectares in 2026–27, supported by demand for oil and oilcake and stronger returns than wheat in some areas; South Africa is also a net canola exporter.
Expanded oilseed production and processing increase domestic availability and exportable supply, which can weigh on local soybean and canola-related prices. Growing demand for oil and meal provides some offset to that supply pressure.
thehorizonwire.co.keDaily MaverickNov 9, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
