Milling & Grains – COMMODITY & TRADE UPDATES

The maize shortage is driving up costs, affecting both consumers and the livestock sector.

The price drop has been fueled by the influx of freshly harvested maize, with new stock entering the market at US$ 28.82 to US$ 34.58 per 50kg bag.

Total wheat consumption in 2025-26 is expected to reach 20.4 million tonnes, which would be up nearly 1.5% from 2024-25.

The wheat harvest for 2025-26 is anticipated to remain steady at 3 MMT, with barley production projected at 1.2 MMT.

Corn, the most important grain crop in South Africa, is projected to see a 2% increase in production, reaching 16 million metric tons.