JOHANNESBURG: South African maize farmers are expected to harvest 7% more of the staple crop during the 2020/2021 season compared with the previous season, as yields are boosted by favourable weather, a Reuters survey showed on Monday.
South Africa’s Crop Estimates Committee (CEC) is expected to forecast the 2020/2021 maize crop at 16.413 million tonnes, up from the 15.300 million tonnes harvested last season, the average estimate of five traders and analysts showed.
The forecast is 2% higher than the CEC’s April forecast of 16.095 million tonnes. “Beneficial temperatures and growing conditions over the past few months sustained maturing and filling maize plants,” said Riddermark Capital Grain Option Market Trader Warren Langridge.
With harvesting already taking place in some parts of the country, analysts are hopeful the 2020/2021 season will see very high yields.
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