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  • Pre Session Commentary - Detailed News

South Africa Corn Production and Exports To Surge In 2019/20
22-Jul-19   08:32 Hrs IST

According to a report from the Foreign Agricultural Service of the U.S. Department of Agriculture (USDA).South Africa's corn production is expected to increase 16% in 2019-20, increasing exports to about 1 million tonnes.

Plantings are estimated at 2.6 million hectares, driven by increased local corn prices. Total production is estimated at 13.3 million tonnes, under normal climatic conditions and taking into account the subsistence farming sector.

In contrast, for the 2018-19 crop year, production is expected to be down 13% to 10.9 million tonnes due to drought. As a result, the nation will have to import about 500,000 tonnes of yellow corn.

On the other hand, the USDA estimates South Africa's corn exports could reach 1 million tonnes, mainly white corn, as demand for imports in the region increased after the drought. With expected lower domestic usage of white corn for animal feed and a carry-over stock of about 1.8 million tons, South Africa will have enough white corn available to meet local demand and exports.

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