{"id":10191,"date":"2012-04-23T16:26:58","date_gmt":"2012-04-23T14:26:58","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/update-1-s-africa-maize-stocks-hit-season-low-at-end-march\/"},"modified":"2012-04-23T16:26:58","modified_gmt":"2012-04-23T14:26:58","slug":"update-1-s-africa-maize-stocks-hit-season-low-at-end-march","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-s-africa-maize-stocks-hit-season-low-at-end-march\/","title":{"rendered":"UPDATE 1-S.Africa maize stocks hit season low at end March"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Adds details)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, April 23<\/span> (Reuters) &#8211; South Africa&#8217;s maize<br \/>\nstocks fell to their lowest level since the start of the May<br \/>\n2011-April 2012 marketing season, renewing fears of a low<br \/>\ncarry-over into the new season starting next month.<\/p>\n<p><span><\/span><\/p>\n<p>The stocks fell to 1.309 million tonnes at the end of March<br \/>\nfrom a revised 1.868 million tonnes at the end of February,<br \/>\nSouth African Grain Information Service (SAGIS) data showed on<br \/>\nMonday.<\/p>\n<p><span><\/span><\/p>\n<p>They included 809,000 tonnes of white maize and 500,000<br \/>\nt onnes o f yellow, SAGIS said in its monthly bulletin.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Stocks are still quite tight but we have been buffered by<br \/>\nthe early deliveries (to silos) and the imports that are coming<br \/>\nin now,&#8221; Piet Faure, a soft commodities analyst at CJS<br \/>\nSecurities, said.<\/p>\n<p><span><\/span><\/p>\n<p>South Africa harvested 10.36 million tonnes of maize in the<br \/>\n2010\/11 season. With a national consumption of between 8 and 9<br \/>\nmillion tonnes, the rest of the maize is destined for export.<\/p>\n<p><span><\/span><\/p>\n<p>But the country committed too much of its maize for exports<br \/>\nand is now importing from Zambia, Romania and Ukraine to make up<br \/>\nfor deficits.<\/p>\n<p><span><\/span><\/p>\n<p>The SAGIS data showed that total exports reached 2.497<br \/>\nmillion tonnes at the end of March. This compares with a total<br \/>\nof 2.194 million tonnes for the previous marketing season.<\/p>\n<p><span><\/span><\/p>\n<p>The strong demand had helped local maize prices to scale to<br \/>\nrecord highs earlier this year but they have since retreated.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Adds details) JOHANNESBURG, April 23 (Reuters) &#8211; South Africa&#8217;s maize stocks fell to their lowest level since the start of the May 2011-April 2012 marketing season, renewing fears of a low carry-over into the new season starting next month. The stocks fell to 1.309 million tonnes at the end of March from a revised 1.868 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10191","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10191"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10191\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}