Browse Data and Analysis

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.

Driven mainly by higher demand from feed mills, higher consumption of flour-based food during the consecutive religious festivities and general election, as well as demand for alternative staples cheaper than rice and trending flour-based foods, Indonesian wheat imports in 2023/24 are estimated to break record levels at 12.6 million metric tons (MMT).

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...

The Red Sea conflict is not expected to pose significant threats to Indonesian grain imports. Driven by demand from the recent general elections, as well as high local corn prices, imports of wheat for food and feed consumption are estimated to...

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.

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.

The El Nino climate pattern is expected to reduce Indonesia's 2022/23 rice and corn production. Post estimates Indonesia's 2022/23 corn production to decline to 12.3 million metric tons (MMT) compared to the previous estimate of 12.9 MMT.

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.

Economic slowdowns in Indonesia’s export destination countries curbed Indonesia’s imports and consumption of wheat.

South Africa is currently harvesting its second largest corn crop in history and a fourth consecutive bumper crop. This creates a bearish outlook on local corn prices and will limit an expansion in the area to be planted with corn in marketing year (MY) 2023/24.

South Africa is on course to produce a fourth consecutive bumper corn crop in MY 2022/23, which creates a bearish outlook on local corn prices and will limit growth in the area to be planted with corn in MY2023/24.