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- (-) October 2018
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Due to relatively high stock levels that are suppressing local corn prices, Post estimates that South Africa’s commercial corn producers will cut area by 10 percent to 2.1 million hectares....
South Africa is the largest user of the African Growth and Opportunity Act (AGOA) for agricultural exports to the United States in the Southern African region.
Post estimates that the South African raw sugar production will increase by 8 percent to 2.2 Million Metric Tons (MMT) in the 2018/19 Marketing Year (MY), due to an increase in sugar cane....
On September 28, 2018, the South African Revenue Service published notifications that a safeguard duty of 35.3 percent will be imposed on EU bone-in chicken.
Post revised all dairy tables for calendar year 2018 to reflect problems suffered by dairy producers.
South Africa has the largest foodservice market in Southern Africa, and a highly competitive hospitality industry.
Two-way agricultural trade between the United States and Southern Africa has grown significantly in the past decade, reaching a record $1.5 billion in 2017.
Brazil’s GDP reached R$6.6 trillion (US$2 trillion) in 2017. This represented not only an increase of 1 percent growth, but also a way out of the recession that hit Brazil in 2014.
Market year 2018/19 corn production is forecast higher at 95 MMT based on an expected return to normal yields and expanded safrinha area in response to higher prices.
Post estimates that the South African raw sugar production will increase by 8 percent to 2.2 Million Metric Tons (MMT) in the 2018/19 Marketing Year (MY), due to an increase in sugar cane....
Post estimates that the decreasing trend in sorghum production in South Africa will continue in the 2018/19 MY.
Brazil’s MY 2018/19 sugarcane crush has been revised down to 610 million metric tons (mmt), due to dry weather in the major growing areas of São Paulo and Parana during the harvest season.