South African Wheat Shipment From Ukraine Is Biggest in 6 MonthsTshepiso Mokhema
South Africa imported the most wheat from a single country last week since March, the country’s grain information service said.
The country imported 53,647 metric tons of the cereal from Ukraine in the week through Sept. 13, the Pretoria-based South African Grain Information Service said in a statement on its website today. That’s largest amount from since the week through March 29, when the country imported 56,680 tons of wheat from Brazil in the biggest shipment since the season started on Sept. 29, 2012. Total imports were 64,035 tons last week, it said.
South Africa is a net importer of wheat and sub-Saharan Africa’s largest producer of the grain after Ethiopia, as well as the region’s biggest importer after Nigeria and Sudan, according to U.S. Department of Agriculture data.
Ukraine is the biggest source of South African wheat imports this season, accounting for 23 percent of the 1.24 million tons brought in, according to Sagis data.
Wheat for delivery in December, the most active contract, gained 0.3 percent to 3,355 rand ($341) a ton, snapping a four-day streak of declines, by the midday close on the South African Futures Exchange in Johannesburg.