{"id":6638,"date":"2012-01-04T01:12:49","date_gmt":"2012-01-03T23:12:49","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/update-2-south-africa-imports-romanian-yellow-maize\/"},"modified":"2012-01-04T01:12:49","modified_gmt":"2012-01-03T23:12:49","slug":"update-2-south-africa-imports-romanian-yellow-maize","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-2-south-africa-imports-romanian-yellow-maize\/","title":{"rendered":"UPDATE 2-South Africa imports Romanian yellow maize"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Two cargoes headed to Western Cape &#8211; producer group<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Deal done months back on attractive prices-traders<\/p>\n<p><span><\/span><\/p>\n<p>* South Africa may import more maize after big exports<\/p>\n<p> (Updates with details on cargoes, market background)<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, Jan 3 (Reuters) &#8211; Two cargo ships of<br \/>\nRomanian maize are en route to South Africa&#8217;s Western Cape<br \/>\nprovince and could be followed by more imports as the country<br \/>\nfaces a maize supply shortfall for the rest of the season, the<br \/>\nhead of producer group Grain SA said on Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Our understanding is that there are two cargo shipments on<br \/>\ntheir way to the Western Cape. It&#8217;s yellow maize from Romania<br \/>\nfor the feed (livestock) industry in that province,&#8221; Jannie de<br \/>\nVilliers, Grain SA&#8217;s chief executive, told Reuters.<\/p>\n<p><span><\/span><\/p>\n<p>Two French traders whose firms were involved in the sale of<br \/>\nthe maize (corn) said the ships had left Romania in mid-December<br \/>\nand comprised Panamax cargoes of 43,000 and 45,000 tonnes, with<br \/>\nthe grain exported by Swiss-based trading house Ameropa.<\/p>\n<p><span><\/span><\/p>\n<p>The deal dated back to last May when Romanian maize was very<br \/>\ncompetitive internationally, they said.<\/p>\n<p><span><\/span><\/p>\n<p>South Africa has been harvesting bumper maize crops but<br \/>\nbecause of export commitments, Grain SA estimates it may have to<br \/>\nimport a combined 700,000 tonnes of white and yellow maize to<br \/>\nmake up for expected shortfalls in the current marketing year<br \/>\nwhich ends on April 30.<\/p>\n<p><span><\/span><\/p>\n<p>The March white maize contract ended over 3 percent<br \/>\nhigher on Tuesday at 2,644.00 rand a tonne and the prospects<br \/>\nthat South Africa may have to import could put further pressure<br \/>\non prices and domestic inflation.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Two cargoes headed to Western Cape &#8211; producer group * Deal done months back on attractive prices-traders * South Africa may import more maize after big exports (Updates with details on cargoes, market background) JOHANNESBURG, Jan 3 (Reuters) &#8211; Two cargo ships of Romanian maize are en route to South Africa&#8217;s Western Cape province [&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-6638","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\/6638","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=6638"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6638\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}