Today the focus is on producer deliveries dataAugust 1, 2018
South African Agricultural Commodities Weekly WrapAugust 3, 2018
- The favourable weather conditions in the past couple of weeks provided conducive conditions for the harvest process. The progress is reflected in the volumes of maize delivered to commercial silos which amounted to 813 814 tonnes in the week of 27 July 2018, up by 6 percent from the previous week.
- About 66 percent of this was white maize, with 34 percent being yellow maize. This indicates that the central and the western parts of South Africa which predominantly produce white maize are making good progress, unlike the previous weeks when the deliveries were largely yellow maize, which is mostly planted in the eastern parts of South Africa.
- This placed the country’s 2018/19 maize marketing year producer deliveries at 7.5 million tonnes, which equates to 57 percent of the estimated harvest of 13.2 million tonnes. Yellow maize accounts for 52 percent of overall maize deliveries, with white maize accounting for 48 percent. The yields in areas that have harvested largely varied between average and above average, which is somewhat in line with market expectations. More maize will be delivered in the coming weeks as the expected cool and drier weather conditions in most parts of the country in the next two weeks could provide favourable conditions to the harvest process.
- Today the focus will be on weekly grain trade data which is due for release at midday. In the week of 20 July 2018, South Africa had already exported 838 925 tonnes of maize, which equates to 34 percent of the seasonal export forecast. The leading destinations or markets were Vietnam, Taiwan, South Korea, Italy and Botswana.
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