JOHANNESBURG, 13 January 2011 (IRIN) - After a record maize harvest, a bid by South African farmers to form a pool to export the surplus – enough to feed its food insecure neighbours, Swaziland and Lesotho, for several years – has raised questions about the future of the crop and the manufacture of biofuel.
The country’s Competition Commission rejected the bid on 11 January. "We wanted to start a debate in the country. Surpluses of this magnitude are unusual; food prices are going up globally. We have suggested the farmers consider storing the surplus,” the Commission's Oupa Bodipe told IRIN.
13.01.2011 / Agbiz in the news