SA may need to target Asian markets to boost maize exports

Industry producer group Grain SA confirmed on Monday that it will target markets including Japan, South Korea, Taiwan and the Middle East in efforts to attract new maize importers.

South African farmers, are expected to produce a maize surplus of around 3.5 million tonnes this season and in the backdrop of a tough economy.

The country experienced a maize deficit last year due to a scorching drought but will return to surplus this season.

Xolani Gwala spoke to Wandile Sihlobo, economist at Agricultural Business Chamber (Agbiz).

We can still do something on the short term, think of exporting more of the yellow maize and divert white maize to the animal feed market but obviously that will be the decision of the buyers which is the chicken guys as well as the livestock guys. So we will see what the next few days are like.

Wandile Sihlobo, Economist at Agricultural Business Chamber (Agbiz)

He says now is a good time to buy surplus, depending on the demand.

If there was anyone involved in feeding groups, they would get value at buying the maize at these prices but unfortunately we are not getting much of a demand at the moment.

Wandile Sihlobo, Economist at Agricultural Business Chamber (Agbiz)

Click on the link below to listen to the full audio...

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Land reform – done right – can make South Africa prosperous (and more peaceful)

Land reform – done right – can make South Africa prosperous (and more peaceful)

Bruce Whitfield interviews the famed Roelf Meyer who (with the Land Bank) is working to promote transformation in agriculture.

Land audit will calculate how much land SA government owns

Land audit will calculate how much land SA government owns

On Tuesday, Eusebius McKaiser was broadcasting live from the Nampo 2017, hosted by Grain SA, in Bothaville, Free State.

Dramatic drop in white maize price is bad news for farmers - economist

Dramatic drop in white maize price is bad news for farmers - economist

Prices are almost 60% lower than last year and the predicted 2 million ton surplus will need export markets.

SA maize should be able to resist army worm - Stellenbosch University

SA maize should be able to resist army worm - Stellenbosch University

SA's maize, mostly genetically modified, is resistant to pests and plagues, says agriculture academic.

Maize and sweetcorn heavily affected by armyworm in Limpopo - Grain SA

Maize and sweetcorn heavily affected by armyworm in Limpopo - Grain SA

Scientists are still testing pesticides to kill the crop-eating fall armyworm recently detected in the country.

Food price drop likely due to heavy rains (but meat prices will remain high)

Food price drop likely due to heavy rains (but meat prices will remain high)

The recent rains seem to have brought relief to the agriculture, especially maize., says agricultural economist.

Popular articles
Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

The Money Show’s Bruce Whitfield interviews Adams about his attitude to money (hopes and fears, successes and failures, etc.).

Eusebius Opinion: "Let go Kevin Pietersen, you do not own the school"

Eusebius Opinion: "Let go Kevin Pietersen, you do not own the school"

McKaiser responds to former SA, now England cricketer Pietersen's comments over Maritzburg College pupils holding EFF t-shirts.

Twitter is gobsmacked as Nigeria honours Jacob Zuma with bronze statue and road

Twitter is gobsmacked as Nigeria honours Jacob Zuma with bronze statue and road

During Zuma's visit to Nigeria, the Governor of the Imo State in Nigeria, Mr Owelle Okorocha, conferred an Imo Merit Award on him.

Minister Lynne Brown's partner scored R1.2 million contracts with Eskom

Minister Lynne Brown's partner scored R1.2 million contracts with Eskom

Sikonathi Mantshantsha says this revelation explains why Brown was reluctant to take any action against Eskom executives.

KZN school ordered to stop action against students with EFF shirts

KZN school ordered to stop action against students with EFF shirts

A letter has been addressed to the Maritzburg College principal after an image of the boys went viral last week.

Kloof Street residents living in fear as crime multiplies

Kloof Street residents living in fear as crime multiplies

A Cape Town man was stabbed to death on Saturday while trying to assist two women who were being mugged on Kloof street.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.