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Marketing year (MY) 2022/23 palm kernel production is forecast at 62,000 metric tons (MT), down by about nine percent compared to Post’s MY2021/22 projection. This is mainly because of an annual three-month drought period (December-February) that negatively affects FFB yield, and consequently kernel yield.
The production of sesame and soybeans is forecast to climb in MY18/19 (Oct-Sep), while Niger seed production is expected to remain unchanged.
Ethiopia’s agriculture imports reached $1.8 billion in 2015. Future imports are expected to increase as the country’s economy and population continue to grow.
In contrast to the huge drought-related losses in grain production, Ethiopia’s production of major oilseeds is expected to increase to nearly 790,000 metric tons in MY15/16 (Oct-Sep).