Local grain prices unlikely to ease, despite high volumes
Jul 16, 2021
3 minutes
AGRIBUSINESS PERSPECTIVE by Wandile Sihlobo
In late June, the Crop Estimates Committee released its latest production estimates for the 2020/21 season. Most crop estimates were more or less unchanged from the previous assessment in May.
Commercial maize was the exception, with its forecast being increased marginally by 0,3% from the previous month to 16,2 million tons. Noncommercial maize saw a much larger revision, with an 8% increase from the previous month to 586 650t. This placed South
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