{"id":8651,"date":"2012-03-07T14:59:13","date_gmt":"2012-03-07T12:59:13","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/s-africa-grain-body-sees-201112-exports-of-2-mln-t\/"},"modified":"2012-03-07T14:59:13","modified_gmt":"2012-03-07T12:59:13","slug":"s-africa-grain-body-sees-201112-exports-of-2-mln-t","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-grain-body-sees-201112-exports-of-2-mln-t\/","title":{"rendered":"S.Africa grain body sees 2011\/12 exports of 2 mln T"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">BOTHAVILLE, South Africa, March 7<\/span> (Reuters) &#8211; South<br \/>\nAfrican maize exports this market season, which ends April 30,<br \/>\ncould reach 2 million tonnes, similar to last season&#8217;s figure,<br \/>\nproducer body Grain SA said on Wednesday in its annual report.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Export commitments for Africa&#8217;s biggest maize producer have<br \/>\nalso forced the regional breadbasket to import some maize,<br \/>\nkeeping local futures  prices high and pressuring domestic food<br \/>\ninflation.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Expectations are that exports this season can reach 2<br \/>\nmillion tonnes (1.24 million tonnes of white maize and 760,000<br \/>\ntonnes of yellow maize) if the export rate can be maintained,&#8221;<br \/>\nthe report said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;South Africa is positioned to serve the white maize market<br \/>\nin Africa, but also to provide countries in the east like China<br \/>\nand Korea with yellow maize. Deep-sea exports will be maintained<br \/>\nas long as international prices and favourable exchange rate<br \/>\nratios can be maintained,&#8221; it said.<\/p>\n<p><span><\/span><\/p>\n<p>Grain SA said South Africa exported 2.06 million tonnes of<br \/>\nmaize last season.<\/p>\n<p><span><\/span><\/p>\n<p>The government&#8217;s Crop Estimates Committee last month<br \/>\nforecast South Africa would harvest 11.7 million tonnes in the<br \/>\ncurrent 2011\/12 production season, compared with 10.36 million<br \/>\ntonnes in the last one.<\/p>\n<p><span><\/span><\/p>\n<p>Local maize prices are off recently scaled historic peaks<br \/>\nbut remain high.<\/p>\n<p><span><\/span><\/p>\n<p>The most active July white maize contract ended 1.75<br \/>\npercent higher on Wednesday at 2,153 rand ($280) a tonne, while<br \/>\nyellow maize for delivery in the same month ended 1.32<br \/>\npercent up at 2,119.60 rand a tonne.<br \/>\n ($1=7.6466 South African rand)\t<\/p>\n<p> (Reporting by Olivia Kumwenda, writing by Ed Stoddard; Editing<br \/>\nby Mike Nesbit)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BOTHAVILLE, South Africa, March 7 (Reuters) &#8211; South African maize exports this market season, which ends April 30, could reach 2 million tonnes, similar to last season&#8217;s figure, producer body Grain SA said on Wednesday in its annual report. Export commitments for Africa&#8217;s biggest maize producer have also forced the regional breadbasket to import some [&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-8651","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\/8651","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=8651"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8651\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}