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47

April 2015

Updated:

MAR - FEB

MAR - FEB

11 March 2015

26 FEB 2015

11 MAR 2015

Marketing year

2014/2015

2015/2016

Area planted (x 1 000 ha)

1 137

1 169

Yield (tons/ha)

5,75

4,25

CEC crop estimate ('000 tons)

6 540

4 968

Retentions and production of seed

382

350

Early deliveries 2014

Plus: Early deliveries 2015

Available for commercial deliveries

6 158

4 618

GRAIN SA

('000 TONS)

GRAIN SA

('000 TONS)

Commercial supply

Opening stocks (1 Mar )

678

1 164

Commercial deliveries

6 158

4 618

Imports (30 April)

0

934

Total commercial supply

6 836

6 716

Commercial demand

Commercial consumption

Food

468

473

Feed

3 428

4 476

Total

3 896

4 949

Other consumption

Gristing

13

14

Withdrawn by producers

97

105

Released to end-consumers

155

160

SAGIS

21

17

Total

286

296

Total South African consumption (commercial )

4 182

5 245

Exports

Products

109

90

Whole maize

1 381

148

Total

1 490

238

Total commercial demand

5 672

5 483

Carry-out (28 Feb)

1 164

1 233

Pipeline requirements (1,5 months): 28 Feb

487

619

Surplus above pipeline (28 Feb)

677

615

Consumption (2 months): 30 April

914

Early deliveries (Mar/Apr)

299

Shortage (30 April)

615

Outstanding after imports until 30 April (14 months)

0

Carry-out as a % of South African consumption: 28 Feb

27,84%

23,51%

Carry-out as a % of total commercial demand: 28 Feb

20,53%

22,49%

TABLE 6: THE SUPPLY AND DEMAND FOR YELLOW MAIZE.

* Grain SA estimate

** Grain SA projection

...the expected price increase for

maize meal within a period of four

months will have a noticeable

impact on the food basket of the

maize consumer.

SA Grain/

Sasol Chemicals (Fertiliser) photo competition