SA maize harvest activity is gaining momentum

Deidre Carter — Thu, 07 Jun 2018 07:15:54 +0000

The harvest activity is gaining momentum across the country, thanks to favourable weather conditions. The progress is reflected in the volumes of maize delivered to commercial silos which amounted to 181 310 tonnes in the week of 01 June 2016.
About 71 percent of this was yellow maize, with 39 percent being white maize. The fact that a large part of maize delivered to commercial silos is yellow maize signals that the harvest activity is gaining ground mainly in the early planted areas in the eastern parts of the country (areas that predominantly plant yellow maize). The total maize deliveries for the five weeks of the 2018/19 marketing year are estimated at 854 155 tonnes.
More maize will be delivered in the coming weeks as the expected cool and drier weather conditions within the next two weeks could provide conducive conditions for the harvest activity, particularly in the early planted areas in the eastern and central parts of South Africa.
Moreover, the expected drier weather conditions are also conducive for the late planted areas where the maize crop is currently at the tail end stages of the maturation process.
As set out in our previous notes, the yields in areas that have already harvested ranges between average and above average (yields), which supports that National Crop Estimates Committee’s view of 12.9 million tonnes of maize production this season. This expected large harvest, combined with the opening stock puts the 2018/19 marketing year maize supplies at 16.4 million tonnes, well above the local maize demand of 10.7 million tonnes.

Click HERE to read the full report by Wandile Sihlobo

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USDA left its SA maize production estimate unchanged

Deidre Carter — Wed, 13 Jun 2018 10:55:38 +0000

Last night, the United States Department of Agriculture (USDA) left its estimate for South Africa’s 2017/18 maize production unchanged from the last month at 13.5 million tonnes. While above market expectations, this is lower than the previous season’s record harvest of 17.6 million tonnes due to a decline in area planted and expectations of average yields in some areas.
Moreover, this is in line with the National Crop estimate Committee’s estimate for overall production (commercial and non-commercial). The non-commercial production, which is subsistence farming accounts for a 6 percent share in the estimated harvest of 13.5 million tonnes.
The key message from these numbers is that South Africa’s maize market will be well supplied in the 2018/19 marketing year. The total maize supplies could reach 16.3 million tonnes, well above the local demand of 10.8 million tonnes, according to data from the national Supply and Demand Estimates Committee. The supplies figure includes an opening stock and expected production.
This essentially means that South Africa’s 2018/19 marketing year maize exports could, at least, amount to 2.4 million tonnes, down by 4 percent from the volume exported in 2017/18. Most importantly, this suggests that the SAFEX maize prices could remain at relatively lower levels for some time, all else being equal.
With that said, last week’s maize exports were quite disappointing. The country exported 27 103 tonnes of maize in the week, down by 73% volume exported in the week of 01 June 2018. About 75 percent of the exports were yellow maize, with 25 percent being yellow maize.

Click HERE to read the full report by Wandile Sihlobo

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SA Maize – Agri Limpopo

SA maize harvest activity is gaining momentum

USDA left its SA maize production estimate unchanged