22 Aug 2012
Fears of a global replay of the 2007/8 food crisis mounted last week with confirmation that the United States maize crop would probably drop to a six-year low. There was also bad news from other global production regions and in the Southern African region, the danger is worsened by the fact that farmers in Africa’s largest maize producer, South Africa, are under pressure from an above-inflation rate and diverse costs.
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