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In 2024, Southern Africa faced a severe drought, leading to a significant decline in corn and soybean production, which caused rising food inflation and economic challenges.
FAS/Pretoria’s Grain and Feed annual report provides information on the production, supply, and distribution for corn, wheat, and rice in South Africa for marketing year (MY) 2023/24, MY 2024/25, and MY 2025/26.
Total Saudi wheat imports for 2025/26 are forecast to decline 10 percent to 3.2 million metric tons (MMT), due to projected high local production. Saudi barley imports for MY 2025/26 are projected to increase by 10 percent to 3.3 MMT compared to last MY.
Post’s corn crop estimate for South Africa for marketing year 2024/25 has been marginally lowered due to a reduced expected planting area.
Import permits for genetically engineered (GE) corn from the United States are once again issued by South Africa. After a mid-summer drought that caused a 22 percent drop in production, South Africa needs to import corn to supplement domestic production.
The lower corn crop in marketing year 2023/24, coupled with strong regional demand, especially for white corn, has prompted higher prices in Southern Africa.
Post forecasts that South Africa’s corn area will expand in marketing year 2024/25. An 18 percent drop in the corn crop of marketing year 2023/24, due to an El Niño-induced mid-summer drought, prompted higher local corn prices that will initiate...
South Africa’s corn crop in marketing year 2023/24 has been affected by an El Niño induced mid-summer drought, resulting in an expected drop of more than 15 percent in crop volume.
With the development of several billion-dollar projects and nearly 30 million visitors a year, the future for U.S. grain exports is bright. Post anticipates Saudi rice imports to increase approximately five percent over the next several years due to expansions in the food service sector.
Corn production in South Africa is off to a reasonable start in marketing year 2023/24 after decent rainfall was recorded over most of the corn-producing areas.
After last season’s second-largest corn crop on record and a fourth consecutive bumper corn crop, the positive outlook for the South African grain industry will continue in marketing year 2023/24.
The General Food Security Authority (GFSA), an agency of the Saudi Ministry of Environment, Water and Agriculture (MEWA), purchased approximately 1.2 million metric tons (MMT) of locally produced wheat in MY2022/23.