According to the Committee, in this season on the fields of South Africa will be harvested 15.6 mln tonnes of maize. Many experts and analysts were talking about a higher figure – 15,82 million tons, but the final result will show only the end of harvesting.

The corn harvest in 2017 for South Africa may be twice more than last year. Up to 60% of corn goes to food use, the remaining 40% for other needs.

Lowest prices on maize grain in the country allowed to slow down inflation, but reduced the income of agricultural enterprises and farmers. On the commodity exchange in Johannesburg, the cost of corn grain on September contracts for 68% decline from the January peak.

Photo: livemint.com