ricelatest news & developments
The broad moderation in grain prices underscores improved global supplies in the 2023-24 season. Photo: Martin Schutt/dpa

Global grain production good, but Southern Africa’s white maize crop hit by drought

South Africa imports all its rice and half its wheat so the exchange rate is a factor to watch

  • Eyaaz
3 min read
While the summer grains and oilseed production prospects for the 2023-24 season seem bleak because of the excessive dryness and heatwave, the global production conditions remain reasonably optimistic. (Nicky Loh/Reuters)

The global grains and oilseed supplies remain plentiful

Global agricultural prices and thus food prices will moderate, but not necessarily for South Africa

  • Eyaaz
4 min read