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- (-) April 2018
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Post forecasts that sugar production in South Africa will increase by 7 percent to 2.2 million MT in the 2018/19 MY, based on the improvement in sugar cane quality, better factory recoveries....
Post forecast Australian wheat production at 24 million metric tons (MMT) for 2018/19, while barley production is expected to reach 9.5 MMT due to higher commodity prices....
Australian sugar cane production is forecast to be stable at 34 million metric tons (MMT) in 2018/19, similar to last year.
Post estimates that South African beef imports will remain relatively flat at about 45,000 tons in 2018.
Australia normally produces over 5 million metric tons (MMT) of oilseed crops each year, with canola and cottonseed accounting for over 90 percent of total production.
Post forecasts that a record area of 1.6 million hectares will be planted with oilseeds in South Africa later in 2018, for the 2018/19 MY, which is predominantly driven by increased soybean plantings.
In 2018/19, Post forecasts Australian cotton production to reach 4.7 million bales from a harvested area of 450,000 hectares.