South Africa’s Crop Estimates Committee lowered the 2023-24 maize harvest to 12,8 million tonnes, down 2% from last month and 22% from the previous season.
South Africa is on its eighth summer grain and oilseeds production forecast for the 2023-24 season. Given that we are at the tail end of the season, and will soon be in the mid-October optimal planting window for the 2024-25 production season, we thought there would be no more major revisions of the production figures at this late…