South Africa: South Africa’s Wheat Import Tariff Decrease
South Africa announced a new wheat import tariff of R379.34 per ton on September 8, 2017. The new wheat tariff is 60 percent lower than the previous tariff of R947.20 per ton and the lowest levels since February 2015. Post estimates that South Africa will have to import more than 2 million tons of wheat in the 2017/18 MY, as drought in the main wheat producing area, the Western Cape Province, decreased local production. However, the window of opportunity to import at the lower tariff is limited, as an increase in the import tariff to R752.35 was triggered in August 2017. It is, however, unclear when this higher tariff will be published.
