Soybeans
latest news & developments
South Africa expects an ample grain harvest this year
The recovery of crops bodes well for consumers as prices should come down
SA’s agricultural fortunes contracted in second quarter but a recovery is predicted
The mid-summer drought and animal diseases resulted in reduced crop yields and hurt the poultry, piggery and cattle sectors
Decent summer grains and oilseed harvest likely for 2023-24
Area plantings for maize and sunflower seed are above the five-year average
El Niño, news and reflection
Taking a step back this week, there is still great cause for optimism about 2023-24’s agricultural output
SA will have a large summer crop of maize
During El Niño spring rainfall will be above-normal for most of the country and below-normal summer rainfall over the central to western regions and above-normal rainfall in the…
Global food prices increased slightly in July, but the outlook remains promising
The non-renewal of the Black Sea Grain Deal and India’s rice ban continue to weigh heavily on production
Summer crop yields higher than expected
The maize yield is above the 10-year average even though the area planted is lower than last year
La Niña determines predictions for the oilseed and grains harvest
The weather remains topical across the Southern Hemisphere but has resulted in mixed fortunes
South Africa’s agricultural sector is likely to have an unusual period of three consecutive favourable seasons
But higher international commodity prices will keep input costs elevated for the livestock and poultry sector