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the australian farmer
ment of super-high oleic safflower crops for this year. While the com- pany will start small – with only 3-4,000 hectares planted to be planted in 2019 – production will roughly double every year for the next few years and soon reach 100,000 hectares annually. And with the global market for bio- based oils estimated at roughly 180 million metric tonnes, the opportunity – both agronomic and economic – is there for Aus- tralian farmers. “Here is a crop that you can put into your rotation and it will give you agronomic benefits and financial returns that will be con- stant as opposed to trying to get a spot price,” says Kleinig. “This is a market that already exists – we’re not telling the world to turn to bio-based lubricants, we’re just providing a superior base oil into that market.” All in all, super-high oleic saf- flower is not only a ground-break- ing development from Australian scientists, but an exciting new opportunity for Australian farm- ers. It reinforces our nation’s status as a cutting-edge innovator on the global stage and offers our farmers a product with not only significant agronomic and en- vironmental benefits, but a ready- made market. have over 100,000ha of SHO safflower planted in Austra- lia by 2023 ? DID YOU KNOW GO Resources expects to
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