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South Africa should return to being a net exporter of corn in the 2017/18 MY and 2016/17 MY on higher production.
On February 22, 2017, the South African National Treasury published the Draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill for public comment.
The corn crop across South Africa is in fairly good condition. Favorable forecasts for follow-up rains over the next three weeks could further improve the crop.