South Africa May Leave Corn Forecast Unchanged, Survey Shows
This article is for subscribers only.
South Africa, the biggest corn producer on the continent, will probably leave its forecast for this season’s harvest of the grain unchanged, a survey showed.
The government may say farmers will reap 10.83 million metric tons of corn, the same as projected last month, according to the median estimate of 13 traders surveyed by Bloomberg. Forecasts ranged from 10.65 million tons to 10.83 million tons.