South Africa lowers corn and soybean crop forecasts
South Africa’s National Crop Evaluation Committee (CEC) has lowered its maize crop forecast from 13.39 million tons to 13.31 million tons. Production of white corn this year will be 6.34 million tons, yellow corn – 6.97 million tons.
Gross soybean harvest is estimated at 1.78 million tons (previous forecast – 1.81 million tons).
In 2023, South Africa will harvest 16.43 million tons of corn and 2.77 million tons of soybeans.
Read also
Palm oil prices rise 3.5% amid stronger soybean oil market and growing stocks
World’s largest cocoa producer forecasts 21–25% decline in harvest
Argentina increases wheat exports as Brazil faces a smaller harvest
China raises soybean import estimate to 111.6 mln tons but expects lower purchases...
Ust-Luga overnight incident: Could Baltic grain exports face delays?
Write to us
Our manager will contact you soon