At the end of September, SA closed its 2023/24 marketing year for wheat. We had a decent harvest of 2.05-million tonnes during the season, just above the five-year average harvest of 1.98-million tonnes.

SA achieved this despite a challenging production season. For example, the Western Cape, which produces nearly two-thirds of SA’s wheat crop, suffered heavy floods in September 2023, which at the time raised fears of potential significant crop losses. But the wheat fields recovered towards the end of the year and subsequently delivered a decent crop...

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