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Wheat crop may fall to smallest since 2010

Posted on 28 August 2014

South African farmers may produce 4.8 percent less wheat this season than a year earlier, making it the smallest harvest since 2010, the Crop Estimates Committee said as it lowered the area prediction for the cereal to the lowest on record. Growers may reap 1.78 million metric tons in the 2014 season compared with 1.87 million tons last year, Marda Scheepers, a spokeswoman for the committee, said.
It is less than the 1.87 million-ton median prediction by three analysts in a Bloomberg survey. While South Africa is the sub-Saharan region’s biggest producer of the grain after Ethiopia, it’s still a net importer of wheat, according to US Department of Agriculture data………………………………………..Full Article: Source


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