SA’s wheat production estimate likely to be raised after better rainfall
SA WILL probably raise the estimate for wheat production this season 1.2% as recent rainfalls improve yields and crop conditions, a survey showed. The country, which is the continent’s biggest maize producer, may maintain its forecast for the grain.Local growers will probably produce 1.7-million tonnes of wheat this season, a median estimate of eight analysts in a Bloomberg survey showed. That is more than the Crop Estimates Committee’s August prediction of 1.68-million tonnes, and would be 18% more than the 2015 season’s harvest. The range was 1.66-million tonnes to 1.75-million tonnes. The committee will release its prediction September 27.READ THIS: Trading climate gets nod from agrifirms"Production conditions look excellent in the Western Cape, supporting yields," Karabo Takadi, an agricultural economist at Barclays Africa’s agribusiness unit, said in an e-mailed response to questions.While SA is the sub-Saharan region’s biggest producer of wheat after Ethiopia, it is still a n...
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