Many countries, like Botswana, Namibia, Lesotho, Swaziland, and Zimbabwe, are producing marginal maize stocks. MARKET OPPORTUNITIES AND FUTURE TRENDS, Nanakramguda Rd, Financial District, Gachibowli. According to the Crop Estimates Committee (CEC), the maize production in Africa increased by 6% during the 2018-2019 cropping season, compared to the previous cropping season. The reason is maize is trading at import prices are currently trading at prices largely because of the drought." Africa is more inclined toward white maize consumption, with a consumption share of around 90%. 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. Producers, traders and other intermediaries interact freely in the marketing of maize. 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. Though maize is cultivated across South Africa, few regions, such as Free State, Gauteng, Mpumalanga, and the North-West provinces, account for 87% of the overall production of maize in the country. 1.2 PRODUCTION TRENDS Supply of maize is composed of maize harvested for a particular season, imports and carryover stocks from the previous seasons. Click here. In 2019, the maize bran import price in Africa amounted to $X per tonne, increasing by X% against the previous year. SAVI White Maize. Please refer to pages 91 - 95 for the methodologies followed. Historically, the South Africa Stock Market reached an all time high of 63042.88 in January of 2021. A bag of white maize (100kg): N15,500-N18,000. But checking through the markets (like Kaduna Central market) in the North where it is largely produced, the prices are fairly cheap as a bag costs between N13,500 and N14,000. 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. About half of South Africa’s maize is used for animal feed, and about 70% of the feed is used for poultry. To understand geography trends, Download Sample Report. To understand key trends, Download Sample Report. , maize supplies on major markets remained at average to below-average levels while maize grain prices remained well above average. The trend in the maize production gross value follows the pattern of prices and production since the industry is characterized by volatile prices as shown in figure 1. The market studied for this report includes maize traded both domestically and internationally. Click here. To understand key trends, Download Sample Report. July 8, 2020. It enables maize producers, investors and other market participants to gauge volatility and sentiment relating to the local white maize market. The current spot prices for South African maize are 30.4% higher for yellow maize and 39.3% higher for white maize compared to the spot prices a year ago. Nevertheless, the conversion of maize to chicken is more efficient than the conver­ Commercial agriculture produces about 98% of maize in South Africa, while the remaining 2% is produced by the developing agriculture. South Africa Central News Agency Limited. The spot price peaked at the beginning of January 2016 and rapidly increased even further to above import parity in March 2016. 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. Van Eijinaten, C.L.M. Maize prices exhibited mixed trends in comparison to five-year average levels (Figure 2). This instrument was developed for the grains market in South Africa as a platform for efficient price risk management. The average spot price for white maize started to increase in December 2015. Understanding maize price trends in southern Africa May 2007 Divergent price trends are not unusual in southern Africa. Over the period under review, the import prices for maize attained their peak figure at $280 per tonne in 2011; however, from 2012 to 2018, import … Future expiry date of Future Contracts ensures that both parties honour their position on the traded date. South Africa is a significant exporter of maize, with an export volume of 1,155 thousand metric tons, valued at USD 253,083 in 2019. Local maize prices in the region generally reflect local production. East Africa. The period under analysis opened with low gross value of maize production in 2003/04 production season and this was followed by consistent declines until 2005/06 season. All Rights Reserved to Mordor Intelligence. Factors influencing maize markets in South Africa The main factor above all others which determines the price of maize in each season is supply and demand. 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. On a yearly basis, prices of maize were above those in September 2019, as upward pressure from export demand and the effects of a … Since 1998, the 70 events approved for planting in South biotech country facts & trends South Africa in 2017, south africa planted 2.73 million hectares of three major biotech crops: maize… 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. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Nigeria is the largest producer of maize in Africa, followed by South Africa. Most of the maize is produced in rain-fed areas. The total harvested area under maize in Africa was around 38.7 million hectares in 2018. Monday 23 March 2020 was extraordinary in the South African maize market. But as recently as the 1950s, subsistence farmers didn't rely on maize for the main crop. The Price Trend of Maize in South Africa is also Analyzed in the Study. 10/12/2020. South African Maize Crop Quality Report 2017/2018 Season 2 Testing for the presence of a selection of traits present in Genetically Modiied (GM) maize were performed on 100 samples representative of white and yellow maize produced per region. Africa accounts for almost 6.5% of global maize production. 1. Maize Corn Flour Mill Plant 100T/Day Maize Flour And Corn Flour Mill Grinding Machine Plant Production Line. Simply put; when we have a good year and our maize crops yield well, then the price of maize … Roughly 75% of maize produced in a season is consumed by our own local market. Prices of coarse grains at exceptionally high levels in the Sudan and South Sudan . The high price of the maize in the 2018 … South Africa is the largest and most active producer of maize in southern Africa. South Africa is the main emerging market for price discovery of maize in Africa, with white maize being the largest and most liquid agricultural commodity futures contract traded on the South African Futures Exchange (SAFEX). 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. The price was set lower at around R300/ton. Import Market Analysis (Volume and Value), Export Market Analysis (Volume and Value). Month-on-month trends varied as is usual at this time of year. Statista. ... "Price index of maize in South Africa from 2001 to 2019." The price trend of maize in South Africa is also analyzed in the study. Maize in South Africa. Maize first came to Africa in the 16th century and it became a key crop grown during the slave trade. Digital & Trend Reports. South Africa’s maize production slumped by 30% this year, and as a result, the country imported 770,000 metric ton of maize from outside the African continent. 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. Rely on our Market Intelligence platform to get the latest trends on the Maize Industry and anticipate the future of the sector. The consumption by these countries is heavily dependent on imports. Maize is one of the major cereal crops grown in the country. Report scope can be customized per your requirements. Many countries, like Botswana, Namibia, Lesotho, Swaziland, and Zimbabwe, are producing marginal maize stocks. Once the markets have closed, the Last Price will show an 's' after the price, indicating the price has settled for the day. At the same time, sunflower seed and soya bean prices were up by 22 and 27% y/y, trading at R6 698/ton and R7 317/ton, respectively. The decreased area under production during the 2018-2019 cropping season was the major reason for a 31% decline in the export of maize in 2019. This price hike was expected due to El Niño’s impact on African maize. Prospectus on the South African Maize Industry This Prospectus covers the broader descriptive issues of maize and its uses in South Africa, the procedural issues of the marketing of maize and the more specific issues of grain quality, grain standards, exporting facilities, logistics, required export documentation and the management of price risk in South Africa. This can be in the form of maize based food products for humans as well as animal feed. In the 2018/19 season, human consumption Overview and forecasts on trending topics. The South African maize market has matured considerably since deregulation of agricultural marketing. © 2020. The production of maize in Africa is expected to register a CAGR of 3.2% during the forecast period, 2020-2025. 2.2 Consumption trends 2.2.1 White maize utilisation In South Africa, white maize is mainly used for human consumption while yellow maize is mostly used for animal feed and industrial use (see Figure 10). This is in line with increased global supply over the years. © 2020. To understand geography trends, Download Sample Report. Prices of coarse grains followed mixed trends in November. MARKET OPPORTUNITIES AND FUTURE TRENDS, Nanakramguda Rd, Financial District, Gachibowli. The spot price of white maize increased by 0.5% and the yellow maize spot price decreased by 1.3% week on week. South Africa Maize Market - Growth, Trends, and Forecasts (2020 - 2025... Maize production in South Africa has increased in the recent past. Graph 1 illustrates trends of white maize prices in South Africa. Who is this for? Historically, the South Africa Stock Market reached an all time high of 63042.88 in January of 2021. The African Maize Market Report Analyzes the Trend, Growth, and Demand in the Maize Markets in South Africa, Egypt, Ethiopia, Nigeria, and Zambia, and their Scenarios. The yellow maize spot price increased by 1.2% while the white maize spot price increased by 0.8% week-on-week. Technically Nickel market is under fresh buying as market has witnessed gain in open interest by 2.33% to settled at 1973 while prices up 1.4 rup... More >> 2021-01-04 $230,000.00 - $250,000.00 . Option Contracts determine a floor or ceiling price and a premium cost is agreed upon. FOREWORD AND ACKNOWLEDGEMENTS … 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. Botswana alone accounts for 18.5% of South Africa's export market share. Import price indicated modest growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. 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. Overnight (Globex) prices are shown on the page through to 7pm CST, after which time it will list only trading activity for the next day. In South Africa, maize production is being continuously and severely affected by threats, such as weeds, insects, bacteria, viruses, nematodes, fungi, low-quality seed, low levels of mechanization, suboptimal post-harvest management, drought, and climate change. Botswana, Namibia, Mozambique, Eswatini, and Tanzania are the primary importers of maize from South Africa. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. South Africa's maize market is projected to witness a CAGR of 4.5% during the forecast period. Industry Reports. The pace of growth appeared the most rapid in 2008 an increase of 30% y-o-y. 1.1 Study Assumptions and Market Definition, 7. South Africa continued to supply maize to structurally -deficit countries of the region, while Zambia maintained a formal ban on maize exports. Most of the maize produced in South Africa is consumed locally and as a result, the domestic market is very important to the industry. Chart. The country accounted for 42% of Africa’s maize trade, with 69% in the form of imports, in 2017. This price hike was expected due to El Niño’s impact on African maize. Before deregulation the maize price was set by the marketing boards. 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. Set (MOQ) CN. Towards the impnNement of maize in Nigeria. The price of maize in Africa increased by 57% compared to the previous years. The spot price of white maize increased by 0.5% and the yellow maize spot price decreased by 1.3% week on week. Exports of white maize are generally concentrated within the region, with Zimbabwe foreseen to be one of the main destinations in consideration of the well below‑average harvest in 2020 and the lifting of import restrictions on genetically modified grains, mainly produced in South Africa. Around 14 countries of Sub-Saharan Africa consume 85-95% of maize as their staple food. 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. JOHANNESBURG, Sept 22 (Reuters) - South Africa's 2020 maize output is likely to be lower than previously expected due to the impact of late rains on the quality of the crop, according to a Reuters survey of estimates from five analysts and traders.The Crop Estimates Committee (CEC) is expected to forecast 2019/2020 maize production at 15.271 million tonnes, down 1.71% from the … The page will always show prices from the latest session of the market. 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. 7. South African Maize Industry 2020‑2024 . 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. As shown in Figure 5 below, global maize prices have shown a sustained downward trend during the period under review. However, it is also grown in the drought and famine conditions in Africa. Based on the severity of El Niño’s impact, the price of maize is likely to … maize was planted in 2000, herbicide tolerant soybeans in 2001, and herbicide tolerant maize in 2003. All Rights Reserved to Mordor Intelligence. According to the FAO, the area under cultivation for maize in South Africa was 1.9 million hectares in 2016, which increased to 2.3 million hectares in 2018, an increase of 21.0%. Wholesale prices of maize grain increased for the third consecutive month in September 2020, underpinned by robust export demand, particularly for yellow maize from East Asian countries and white maize from Zimbabwe. International prices also play a direct and significant role, particularly in South Africa, the main maize producer 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. Africa consumes 30% of the maize produced in the world, with Sub-Saharan Africa alone accounting for 21% of the consumption. It does not include processed products manufactured using maize. Thus, white maize gets a premium price in Africa. In 2018, the maize import price in Africa amounted to $181 per tonne, declining by -8.9% against the previous year. The South Africa Maize Market is Analyzed by Production (Volume), Consumption (Value and Volume), Import (Value and Volume), and Export (Value and Volume). The consumption by these countries is heavily dependent on imports. Compared to last year, the price increased between 15 to 20 percent. Maize and wheat: The shift to the consumption of chicken and eggs is a less efficient use of South Africa’s maize than direct human consumption. The average spot price for white maize was at R3 988/ton in December 2016. According to the FAO, the area under cultivation for maize in South Africa was 1.9 million hectares in 2016, which increased to 2.3 million hectares in 2018, an increase of 21.0%. A slowdown in economic activities because of the COVID-19. (1965). 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 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. The price of maize in Africa increased by 57% compared to the previous years. lolagenigen, H. Vee..T'leman and Zonen, N. V. - 4 - CHAPTER 2 IMPORTM!CE OF UAIZE IN AFRICA 2.1 Production Trends. 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