The 2017 season shows the South African agricultural sector is recovering well after recurring drought that ended in 2016. Large outputs are driving decelerated inflation. According to South African business chamber Agbiz, South African food product price inflation slowed down to 1.9% y/y in August from 3.3% y/y in July…
The South African maize harvest has exceeded all expectations, with the Crop Estimate Committee now putting it at 16.414 million tonnes - 444 175 tonnes (2.78%) more than the previous estimate of 15. 969 million tonnes a month ago. “It is unbelievable that one year you have one of the…
The sixth South African crop estimate was released yesterday and South Africa is set to harvest its biggest maize yield ever – 15, 969 million tons. The National Crop Estimate Committee (CEC) increased the expected maize crop with 2.16% from the previous estimate. This means this years’ commercial crop harvest…
South Africa’s Crop Estimate Committee raised the expected soya harvest to record levels. It kept the expected maize harvest for 2017 the same in the fifth crop estimate for the summer season. The soya crop was raised with 8.7% to 1.34 million tons from the previous estimate of 1.233 million…
