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South Africa Corn Exports Seen Falling to 1.6 Mln Tons by FAO

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Dec. 17 (Bloomberg) -- South Africa’s corn exports in the year through April 2013 are forecast to drop to 1.6 million metric tons from 2.5 million tons in 2011-12 because of lower beginning stocks, the UN’s Food & Agriculture Organization said.

Corn planting for 2013 may show a “marginal” increase as farmers react to higher corn prices and due to crop rotation, the Rome-based United Nations agency wrote in a country report on its website dated Dec. 13.

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net

To contact the editor responsible for this story: John Deane at jdeane3@bloomberg.net

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