News last update:6 Aug 2012

S. African maize forecast is reduced

South Africa is expected to produce 7.757 million tonnes of maize during the current 2006/07 season, the government said this week.

The crop will consist of 4.659 million tonnes of white maize and 3.098 million tonnes of yellow maize, the Crop Estimates Committee said in its first official crop forecast.

The total figure was lower than market expectations. The average forecast of 10 traders polled by Reuters last week was 8.191 million tonnes. Their forecasts were in a range of 7.5-8.65 million tonnes.

To subscribe to the free AllAboutFeed newsletter click here.

Editor AllAboutFeed

Or register to be able to comment.