WANDILE SIHLOBO: What do global wheat production dynamics mean for SA?
SA is expected to remain comfortable regarding wheat supplies and import activity during the 2022/23 marketing year
When we look at SA’s agricultural and food import data for the past five years, wheat ranks as the second-most valuable product after rice. It accounted for 6% ($417m) of the country’s annual average agricultural imports of $6.6bn during this period.
This is equivalent to about 1.5-million tonnes in volume terms over the five-year period, which is about half of SA’s annual average wheat consumption. This time around, with the Russia-Ukraine war and drought in parts of the northern hemisphere still major concerns, there is some worry about global wheat supplies in general and SA’s domestic wheat production prospects in particular...
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