Strategic plan to make oilseed industry in Australia reach USD 5 bn in 2025

The Australian Oilseeds Federation (AOF) has released its five year roadmap for the industry in its 2020-2025 strategic plan.

Key issues highlighted within the document include a focus on consumer liaison and highlighting the health qualities of canola oil, market access, in terms of keeping open key export markets in the face of increased regulatory pressure and sustainability and creating an industry world recognised for its commitment to environmental stewardship.

All this components would combine to form the key to a plan to develop the Aussie oilseeds sector into a USD $5 billion business.

Opportunities identified include changing consumer trends, changing and growing feed demand, emerging technology, new supply chains, new production regions and end-user driven sustainability requirements.

On the flip side, there is also the acknowledgement of increasing strictness in European import protocols, which may have an impact on the ability of Australia to export Clearfield varieties to its most important export destination.