Bullish grain supplies estimates will tame food inflation

31 March 2020. South Africa’s Crop Estimates Committee (CEC) made a further upward adjustment to its 2019/20 crop estimates by raising the expected output by 1.8% to 17.07 million tonnes of grain and oilseed crops. The country’s biggest staple, maize, was raised by 1.7% from the first estimate in February 2020 to 14.81 million tonnes mainly due to a significant increase of 2.9% in the white maize from 8.29 million to 8.54 million tonnes. Read more…

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