SABC News - Grain SA to export maize surplus of 3.5 million tons:Wednesday 17 May 2017

Grain SA to export maize surplus of 3.5 million tons

Wednesday 17 May 2017 06:46

REUTERS

Maize farm owners this year are expected to harvest more maize compared to last year’s drought-hit crop. (SABC)

Grain SA expects a surplus of 3.5 million tons of maize and aims to export all of it to Japan, South Korea and Taiwan.

South Africa will likely harvest almost 15 million tons of maize in 2017, up 87%  from last year's drought-hit crop.

Grain SA chief executive Jannie de Villiers says the first export permits for Taiwan are expected to be issued this week.

Government has expressed concern about the surplus being sold off, with the possibility of a return this year of the El Nino weather pattern.


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