South Africa: Grain and Feed Update
Link to report:
Post’s corn crop estimate for South Africa for marketing year 2024/25 has been marginally lowered due to a reduced expected planting area. The production season started slowly with sporadic rainfall in October 2024 and a heatwave in November 2024, but conditions improved with continuous rainfall from mid-December. South Africa should maintain its status as a net exporter of corn in marketing year 2024/25, though sufficient rainfall for rest of the season will be a necessity to realize optimal yields. Despite tight stock levels, South Africa is continuing to export corn to neighboring countries where the demand is high, pushing local corn prices to record levels and creating a situation where imports are necessary to support domestic corn consumption demands. The first shipment of U.S. corn arrived in South Africa after the genetically engineered asynchronous approval issues were resolved late last year.
