South Africa: Grain and Feed Update
Link to report:
Due to relatively attractive local market prices after the drought conditions of the previous season, Post projects South Africa to increase corn planting by at least 10 percent in the 2019/20 MY. As a result South Africa should be able to export about 1.1 million tons of corn in the 2019/20 MY under normal climatic conditions. For the 2018/19 MY, Post estimates South Africa’s corn exports into the region could reach 1.0 million tons, mainly white corn. On the other hand, Post estimates South Africa will have to import about 500,000 tons of yellow corn to meet increased local demand.
