BMi Research 2013 Annual Quantification Report: Maize Meal and Wheat Bread in South Africa
BRAND ACTIVITY
Aug 20th, 09:14
Product Definitions
Maize meal
Ground product made from the seeds of corn/ maize plants.
Wheat flour
Ground product made from the seeds of wheat.
Market Trends
Maize meal saw a large growth in 2012, one of the largest growths in the product’s history. Final product pricing is always subject to influence from external factors, such as; petrol and labour costs, which was the case in 2011 when the pricing for wheat flour increased.
Production for wheat suffered due to weather conditions, resulting in more imports into the country, the overall consequence was an increase in pricing. The year 2012 saw pricing stabilise for both maize meal and wheat flour. With the increase in wages, prices are expected to make some shifts in the coming years.
Both markets saw stability in their regional splits, with the majority of distribution going to the larger, more populated provinces. Limpopo and Mpumalanga have a large share of distribution within the maize meal market.Click here for more information on BMI Research
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Related News
SA yellow maize futures rise to 15-month high
04/12/2013 - 08:15
Johannesburg - South African yellow-corn futures rose to the highest level in more than 15 months in Johannesburg trading.
Dunavant diversifies to buying maize, soya beans, Zambia
16/10/2013 - 11:30
NWK Agri-services, formerly Dunavant Zambia, has diversified its commodity buying opportunities from cotton to soya beans and maize.
North West province declares drought, South Africa
23/09/2013 - 11:30
Johannesburg - The North West province on Wednesday declared there was a drought across its whole territory, an important maize growing region.
Change in maize market competition
12/08/2013 - 09:17
Buenos Aires - China has approved its first major shipment of genetically modified Argentine maize, Buenos Aires officials said last week, signalling an increase in competition for a market long dominated by US exporters.
SA maize rises most in two months
02/05/2013 - 10:03
Johannesburg - South African corn futures rose the most in more than two months after US prices gained as a government report showed cold and wet weather slowed planting.
