Browse Data and Analysis

In July 2024, falling global wheat prices triggered a wheat import duty of Rand 176.30 (USD 9.70) per metric ton for South Africa ending more than three years of duty-free imports. The higher import duty was introduced amid a 7 percent drop in wheat planted area for marketing year 2024/25.

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.

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.

A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.

After exceptional consecutive production seasons of solid growth supported by relatively high commodity prices and favorable weather conditions, wheat and corn producers in South Africa are optimistically looking forward to the 2022 production season.

Post forecasts Russia's grain and feed production for the coming year.

South Africa should remain a net exporter of corn in the 2021/22 MY on excess supplies.

Recent measures intended to dampen domestic food price increases by inhibiting grain exports were adjusted by Decree #33 signed on January 23, 2021.

As part of its package of measures to reduce food prices adopted in December 2020, the Russian government issued a number of decrees to restrict exports of some grains and oilseeds...

Due to an expected sharp increase in local wheat production on favorable weather conditions and record yields, South Africa’s imports of wheat and wheaten products in the 2020/21 MY is expected to...

On August 18, 2020, the Eurasian Economic Commission (EEC) issued Decision No. 102, establishing tariff-rate quotas (TRQs) and respective volumes for imports of meat, poultry, and whey...

South Africa’s local wheat price increased sharply to record high levels in April 2020.