The updated rules set clear conditions for wheat purchasing, flour production, packaging, and pricing while keeping retail prices unchanged.
The organisation says South Africa must focus on profitable wheat production after the government left the wheat tariff framework unchanged.
Winter weather has cut Sweden’s grain harvest forecast to 5 million tons, raising concerns over farm incomes and wheat supplies ahead of the 2026 harvest.
Both countries are increasing investment in wheat production as they work to cut imports and improve local supply, although high production costs still limit competitiveness.
The new agreement aims to cut imports by improving seed development, grain quality and support for farmers as demand from breweries continues to rise.