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South Africa Finalizes Oilseed Estimates
PRETORIA - Oct 2/07 - SNS -- South Africa finalized its crop production estimates for 2006-07 crop oilseeds, pegging sunflower output at 300,000 MT, soybeans at 205,000 MT and groundnuts at 58,000 MT.
The final estimate from the South African Grain Information Service (SAGIS) is down from last month's numbers for sunflower and soybeans, but up for groundnuts. The final figures were revised based on "actual deliveries up to the end of August 2007. . . .
"Provision was also made for sunflower seed, soybeans and groundnuts still expected to be delivered during the rest of the season (September to December 2007 for sunflower seed and soybeans, and September to February 2008 in the case of groundnuts). Provision was also made for retentions on farms, as well as deliveries/sales by commercial producers to the informal sector," SAGIS said.
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