Ethiopia: Ethiopia’s Oilseed Production Forecast to Increase Despite Drought
In contrast to the huge drought-related losses in grain production, Ethiopia’s production of major oilseeds – sesame, Niger seed and soybeans – is expected to increase to nearly 790,000 metric tons in MY15/16 (Oct-Sep). Sesame exports – one of the Ethiopia’s biggest sources of foreign exchange – are forecast at 318,000 metric tons, just shy of the current record. Oilseed production and consumption, especially for soybeans, is expected to keep growing as demand increases for cooking oil and livestock feed ingredients.
Ethiopia: Ethiopia’s Oilseed Production Forecast to Increase Despite Drought