However, it is also grown in the drought and famine conditions in Africa. Monday 23 March 2020 was extraordinary in the South African maize market. The Crop Estimation Committee (ECE) estimated maize production to be 12.5 million, which is an 11% increase in the production of maize in the cropping season of 2019-2020. The spot price of white maize increased by 0.5% and the yellow maize spot price decreased by 1.3% week on week. The spot price of white maize increased by 0.5% and the yellow maize spot price decreased by 1.3% week on week. Maize prices exhibited mixed trends as the lean season peaked but are below average levels for most of the region except for Madagascar and parts of eastern DRC. Roughly 75% of maize produced in a season is consumed by our own local market. Please refer to pages 91 - 95 for the methodologies followed. The Price Trend of Maize in South Africa is also Analyzed in the Study. Who is this for? South Africa continued to supply maize to structurally -deficit countries of the region, while Zambia maintained a formal ban on maize exports. The high price of the maize in the 2018-2019 cropping season is the main reason for the increase in the production of maize in the country. On a yearly basis, prices of maize were above those in September 2019, as upward pressure from export demand and the effects of a … The South Africa Maize Market is Analyzed by Production (Volume), Consumption (Value and Volume), Import (Value and Volume), and Export (Value and Volume). The price of maize in Africa increased by 57% compared to the previous years. A bag of white maize (100kg): N15,500-N18,000. 4.2 Introduction to Market Drivers and Restraints, 5.1.1.2 Consumption Analysis and Market Value, 5.1.1.3 Import Market Analysis (Volume and Value), 5.1.1.4 Export Market Analysis (Volume and Value), 5.1.2.2 Consumption Analysis and Market Value, 5.1.2.3 Import Market Analysis (Volume and Value), 5.1.2.4 Export Market Analysis (Volume and Value), 5.1.3.2 Consumption Analysis and Market Value, 5.1.3.3 Import Market Analysis (Volume and Value), 5.1.3.4 Export Market Analysis (Volume and Value), 5.1.4.2 Consumption Analysis and Market Value, 5.1.4.3 Import Market Analysis (Volume and Value), 5.1.4.4 Export Market Analysis (Volume and Value), 5.1.5.2 Consumption Analysis and Market Value, 5.1.5.3 Import Market Analysis (Volume and Value), 5.1.5.4 Export Market Analysis (Volume and Value), 6. 1. Around 14 countries of Sub-Saharan Africa consume 85-95% of maize as their staple food. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Maize in South Africa. Overview and forecasts on trending topics. The consumption by these countries is heavily dependent on imports. The page will always show prices from the latest session of the market. The preliminary area estimated for commercial maize is 2,535 million hectares, which is 10,21% more than the previous season area planted of 2,300 million hectares. In 2018, the maize import price in Africa amounted to $181 per tonne, declining by -8.9% against the previous year. The price was set lower at around R300/ton. In most countries, prices were around or below their year-earlier levels, reflecting above-average first season harvests, concluded in the July-August 2020 period. (1965). Set (MOQ) CN. According to UN Comtrade, the export of maize from South Africa was 1,000 thousand metric ton in 2016, which increased to 1,155 thousand metric ton in 2019. Africa consumes 30% of the maize produced in the world, with Sub-Saharan Africa alone accounting for 21% of the consumption. In South Africa, approximately 65% of the maize produced for human consumption is white, whereas the remaining 35% is yellow and used for animal feed. South Africa expected to sow 8.3% more maize hectares in 2020/2021 - survey 10/23/2020 JOHANNESBURG, Oct 22 (Reuters) - South African farmers are expected to plant 8.3% more hectares of the food staple maize next season, boosted by above normal rainfall and higher maize prices, a survey of five traders and analysts showed on Friday. The preliminary area estimated for commercial maize is 2,535 million hectares, which is 10,21% more than the previous season area planted of 2,300 million hectares. 259 reports; Maize Production, Wheat Production, Wheat Import, Wheat Price… 1285 statistics; Maize Export, Maize Import, Flour Export, Flour Import… The South African maize market has matured considerably since deregulation of agricultural marketing. The market is analyzed by production (volume), consumption (value and volume), import (value and volume), and export (value and volume). Producers, traders and other intermediaries interact freely in the marketing of maize. Overall, the maize import price continues to indicate a mild downturn. Report scope can be customized per your requirements. Click here. South African Maize Industry 2020‑2024 . Many countries, like Botswana, Namibia, Lesotho, Swaziland, and Zimbabwe, are producing marginal maize stocks. Report scope can be customized per your requirements. To understand key trends, Download Sample Report. In 2019, the maize bran import price in Africa amounted to $X per tonne, increasing by X% against the previous year. South Africa's maize market is projected to witness a CAGR of 4.5% during the forecast period. The price of maize in Africa increased by 57% compared to the previous years. Based on the severity of El Niño’s impact, the price of maize is likely to go up from 33% to 85% in 2018-19. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. maize was planted in 2000, herbicide tolerant soybeans in 2001, and herbicide tolerant maize in 2003. This instrument was developed for the grains market in South Africa as a platform for efficient price risk management. The South African Volatility Index (SAVI) for white maize is a forward-looking index that makes a daily prediction of market volatility in three months’ time. The JALSH-All Share increased 3634 points or 6.12% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks this benchmark index from South Africa. On 30 May 2019, South Africa’s yellow and white maize prices were up by 11% and 10% from 30 April 2019, trading at R2,801 per tonne and R2,849 per tonne, respectively. International prices also play a direct and significant role, particularly in South Africa, the main maize producer maize-prices-south-africa, Find Quality maize-prices-south-africa and Buy maize-prices-south-africa from Reliable Global maize-prices-south-africa Suppliers from mobile site on m.alibaba.com. South Africa Maize Market - Growth, Trends, and Forecasts (2020 - 2025... Maize production in South Africa has increased in the recent past. Before deregulation the maize price was set by the marketing boards. Botswana, Namibia, Mozambique, Eswatini, and Tanzania are the primary importers of maize from South Africa. 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