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South Africa cuts corn-output forecast
Corn-output forecast in South Africa lowed on drought
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  • South Africa, the continent’s biggest corn producer, cut its forecast for output of the grain by 1.6 percent because of drought in some growing regions.
  • The nation may reap 11.6 million metric tons of corn this season, that is more than the median estimate of 11.5 million tons by seven analysts in a Bloomberg survey and lower than the 11.8 million-ton prediction made by the committee last month.
  • South Africa produced 12.8 million tons in 2010, the biggest crop since 1982. Meal made from white corn is one of the country’s staple foods and the yellow variety is mainly used as animal feed.
Источники: УкрАгроКонсалт
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