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Import permits for genetically engineered (GE) corn from the United States are once again issued by South Africa. After a mid-summer drought that caused a 22 percent drop in production, South Africa needs to import corn to supplement domestic production.
The lower corn crop in marketing year 2023/24, coupled with strong regional demand, especially for white corn, has prompted higher prices in Southern Africa.
The outlook for Mexican grain production in marketing year (MY) 2024/2025 is higher year-on-year for corn, rice, and sorghum based on higher-than-average precipitation and a gradual recovery from exceptional drought conditions.
On July 7, 2024, the Government of Mexico (GOM) announced an update for registrations in the National Catalogue of Plant Varieties to include “native varieties.” According to the GOM announcement about the update, the purpose of the change is to...
Post forecasts that South Africa’s corn area will expand in marketing year 2024/25. An 18 percent drop in the corn crop of marketing year 2023/24, due to an El Niño-induced mid-summer drought, prompted higher local corn prices that will initiate...
Following the June 2024 election of Claudia Sheinbaum as the next President of Mexico, the sitting President Andres Manuel López Obrador expressed intent to move forward with constitutional reforms in the September 2024 legislative session.
Following a year of exceptional drought conditions in marketing year (MY) 2023/2024, the outlook for Mexican grain production in MY 2024/2025 is higher year-on-year for corn, wheat, rice, and sorghum based on producer expectations for a gradual recovery to average precipitation levels.
South Africa’s corn crop in marketing year 2023/24 has been affected by an El Niño induced mid-summer drought, resulting in an expected drop of more than 15 percent in crop volume.
The outlook for Mexican grain production in marketing year (MY) 2024/2025 is higher year-on-year for corn, wheat, rice, and sorghum based on farmer planting decisions on more average weather conditions and a gradual recovery from exceptional drought conditions.
Corn and wheat production for marketing year (MY) 2023/2024 are forecast lower based on less planted area and unfavorable weather conditions. Rice and sorghum production are forecast to increase.
Corn production in South Africa is off to a reasonable start in marketing year 2023/24 after decent rainfall was recorded over most of the corn-producing areas.
After last season’s second-largest corn crop on record and a fourth consecutive bumper corn crop, the positive outlook for the South African grain industry will continue in marketing year 2023/24.