Published: 26/02/2020
This promises to be a good year for South Africa’s agricultural sector, at least from a production front. The data released this afternoon by the Crop Estimates Committee (CEC) show that South Africa’s 2019/20 summer crops production could increase by 26% y/y to 16.8 million tonnes. While this is still the first estimate for this season, with eight more to follow, if it materialises, this could be the second-largest summer crops harvest on record after the 2016/17 crop. The major gains are on maize, soybeans and sunflower seed as illustrated in Exhibit 1.
This promises to be a good year for South Africa’s agricultural sector, at least from a production front. The data released this afternoon by the Crop Estimates Committee (CEC) show that South Africa’s 2019/20 summer crops production could increase by 26% y/y to 16.8 million tonnes. While this is still the first estimate for this season, with eight more to follow, if it materialises, this could be the second-largest summer crops harvest on record after the 2016/17 crop. The major gains are on maize, soybeans and sunflower seed as illustrated in Exhibit 1.