South Africa: Grain and Feed Update
South Africa’s corn exports are projected to drop to 1 million tons in the 2018/19 MY, as post expects a decrease in commercial production, due to a cut in area planted. Post estimates that South Africa will export about 2.5 million tons of corn in the 2017/18 MY, drawing from a commercial crop of 13.2 million tons and relatively large carry-over stocks from the 2016/17 MY. Post does not expect South Africa to be a market for United States corn exports in the current and the 2018/19 marketing years.
