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Egypt’s wheat imports for marketing year 2025/26 are estimated at 13.0 million metric tons, unchanged from Post’s estimate in the previous marketing year which was revised upward by 4 percent due to the availability of forex contributing to an increase in imports.
FAS/Pretoria’s Grain and Feed annual report provides information on the production, supply, and distribution for corn, wheat, and rice in South Africa for marketing year (MY) 2023/24, MY 2024/25, and MY 2025/26.
Post’s corn crop estimate for South Africa for marketing year 2024/25 has been marginally lowered due to a reduced expected planting area.
Import permits for genetically engineered (GE) corn from the United States are once again issued by South Africa. After a mid-summer drought that caused a 22 percent drop in production, South Africa needs to import corn to supplement domestic production.
The lower corn crop in marketing year 2023/24, coupled with strong regional demand, especially for white corn, has prompted higher prices in Southern Africa.
Egypt’s wheat imports for marketing year (MY) 2024/25 (July – June) are estimated at 12.5 million metric tons (MMT), up by 11.4 percent from Post’s earlier estimate, due to an increase in the availability of foreign currency to facilitate imports.
The animal feed industry in South Africa is well established and highly scientific. Efficient formulations have enabled significant expansion of the livestock sector driven by a surge in local meat consumption.
In July 2024, falling global wheat prices triggered a wheat import duty of Rand 176.30 (USD 9.70) per metric ton for South Africa ending more than three years of duty-free imports. The higher import duty was introduced amid a 7 percent drop in wheat planted area for marketing year 2024/25.
Post forecasts that South Africa’s corn area will expand in marketing year 2024/25. An 18 percent drop in the corn crop of marketing year 2023/24, due to an El Niño-induced mid-summer drought, prompted higher local corn prices that will initiate...
FAS/Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2024/25 to increase by 2 percent from the previous marketing year, due to population growth and the availability of more foreign currency in Egyptian banks.
South Africa’s corn crop in marketing year 2023/24 has been affected by an El Niño induced mid-summer drought, resulting in an expected drop of more than 15 percent in crop volume.
Corn production in South Africa is off to a reasonable start in marketing year 2023/24 after decent rainfall was recorded over most of the corn-producing areas.