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- (-) March 2015
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In 2014, drought in major northern cattle regions significantly increased turnoff and reduced the size of the cattle herd.
South Africa’s net trade in corn is expected to decrease from 2.0 million tons to 100,000 tons in the 2014/15 MY, due to a mid-summer drought that hit the main corn producing areas.
Post forecasts that the South Africa grape crop for wine production will decrease by two percent to 1.490 million tons in 2015, from the peak production of 1.520 million tons in 2014.
Australia is one of the world’s leading wine producers and exporters. Production for the 2015 wine vintage is forecast to rise to 1.6 million tons of grapes.