South Africa: Grain and Feed Annual
Post forecasts that South Africa’s wheat imports for the 2018/19 MY will decline marginally to 1.8 million tons, on an expected increase in local production. Wheat imports are expected to double in the 2017/18 MY to 2 million tons, due to the drought in the Western Cape province. Meanwhile, corn exports are expected to drop to 1 million tons in the 2018/19 MY, due to a decrease in commercial production. Post estimates that South Africa will export about 2 million tons of corn in the 2017/18 MY, drawing from an expected commercial crop of above 12 million tons and a relatively large carryover stock from the 2016/17 MY. Rice imports are expected to be around 1 million tons in the 2018/19 MY.