Record crops and growing carry-over stocks: Why then are SA exports slow?

South Africa finds itself in the position of producing yet another record maize and soybean crop. However, despite the large surpluses available for export, deep-sea exports have failed to gain the momentum that many market participants expected at the start of the season. As a result, concerns are growing that if insufficient surplus stocks are exported, South African carry-over stocks will continue to grow, and prices will not resume their typical upward trend in the planting season… Click here to read more.