Wheat estimate will remain the same, say sources
South Africa will likely lower its estimated corn output by 2.5. percent from March numbers, according to the country’s latest survey, while keeping its wheat numbers unchanged.
Farmers may harvest 11.5 million metric tons of corn, according to a median estimate, compared to the 11.8 million metric ton prediction made in March. The range was 11.1 million metric tons to 11.8 million metric tons.
Producers will probably plant 551,200 hectares (1.36 million acres) of land with wheat in South Africa‘s coming season, the same area as the current season, according to the median of five analysts’ estimates. The range was for 500,000 hectares to 550,000 tons.