{"id":6608,"date":"2013-07-03T07:32:14","date_gmt":"2013-07-03T07:32:14","guid":{"rendered":"http:\/\/praag.org\/?p=6608"},"modified":"2013-07-03T07:32:14","modified_gmt":"2013-07-03T07:32:14","slug":"sa-faces-maize-shortage-if-exports-continue","status":"publish","type":"post","link":"https:\/\/praag.org\/?p=6608","title":{"rendered":"SA faces maize shortage if exports continue"},"content":{"rendered":"
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\"maize\"<\/a>South Africa may run out of yellow maize if exports of the grain rise further, a stock firm specialising in agricultural futures has said.<\/p>\n<\/section>\n

South Africa, the continent\u2019s largest producer of maize, may run out of the yellow variety if exports of the grain rise further, pushing up the cost of white maize, one of the nation\u2019s staple foods, stock broking firm BVG said.<\/p>\n

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The nation shipped 79\u00a0055 metric tonnes of yellow maize\u00a0in the week to June 28, including 54\u00a0112 tonnes to Japan and 23\u00a0043 tonnes to Taiwan, the\u00a0South African Information Service said in a statement on its website.<\/p>\n

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The country has exported 377\u00a0367 tonnes of the grain since the start of the marketing year in May, according to Sagis. That compares with 18\u00a0333 tonnes in the same period a year earlier and 413\u00a0152 tonnes for the entire 2013 marketing year that ended in April.<\/p>\n

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\u201cIf we continue at this brisk pace, we will definitely have shortages of yellow corn,\u201d Brink van Wyk, a trader at BVG, said by phone from Pretoria. \u201cWhat we have available this year for exports of yellow corn is one\u00a0million tonnes.\u201d<\/p>\n

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South Africa uses yellow maize\u00a0as animal feed, while meal made from the white variety is one of the country\u2019s dietary staples. The country will probably consume 4.54-million tonnes of yellow maize\u00a0and could supply 5.74-million tonnes in the marketing year through April, the Grain and Oilseeds Supply and Demand Estimates Committee said in its first\u00a0ever report, released on June 28.<\/p>\n

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\u201cWe either need to export less, or we use more white corn for cattle feed, or we import more yellow corn,\u201d Van Wyk said.<\/p>\n

Forecast Lowered<\/strong>
\nThe Crop Estimates Committee cut its forecast for corn output by 0.6%\u00a0to 11.38-million tonnes, it said in a June 25 report. South Africa produced 12.8-million tonnes in 2010, the biggest harvest since 1982.<\/p>\n

Grain SA, the biggest representative of farmers in South Africa, says the nation has 620\u00a0000 tonnes of yellow maize\u00a0available for export.<\/p>\n

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\u201cIf the average weekly export tempo of the past eight weeks should be maintained, the remaining export maize of 321\u00a0688 tonnes should be exported within the next nine weeks,\u201d the organization said in an emailed newsletter yesterday. \u201cThis means that the yellow maize available for export should be completed by the end of August. South Africa can potentially experience a shortage in yellow maize for the biggest part of this marketing year.\u201d<\/p>\n

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Yellow corn for delivery in September, the most active contract, declined 0.4%\u00a0to R2.176\u00a0a tonne, the lowest since May 21, by the close on the South African Futures Exchange on Tuesday. The white variety fell 0.6%\u00a0to R2\u00a0236\u00a0a tonne. \u2013 Bloomberg<\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

South Africa may run out of yellow maize if exports of the grain rise further, a stock firm specialising in agricultural futures has said. South Africa, the continent\u2019s largest producer of maize, may run out of the yellow variety if exports of the grain rise further, pushing up the cost of white maize, one of … Continue reading “SA faces maize shortage if exports continue”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":6610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3,4],"tags":[943,3669,12250,3668],"class_list":["post-6608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-finance","category-news","category-south-africa","tag-agriculture","tag-maize-exports","tag-south-africa","tag-yellow-maize"],"cc_featured_image_caption":{"caption_text":false,"source_text":false,"source_url":false},"jetpack_featured_media_url":"https:\/\/praag.org\/wp-content\/uploads\/2013\/07\/maize.jpg","_links":{"self":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/6608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6608"}],"version-history":[{"count":2,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/6608\/revisions"}],"predecessor-version":[{"id":6614,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/6608\/revisions\/6614"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/media\/6610"}],"wp:attachment":[{"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}