Wednesday, May 11, 2011

South Africa yellow corn exports reach 14-year high

South African yellow-corn exports hit a 14-year high for the 2010-2011 season, reaching 1.02 million metric tons compared to 2009-2010's 261,608 metric tons, according to data from the South African Grain Information Service.
The corn season produced a bumper crop and a total of 12.82 million metric tons of white and yellow corn, the most since 1982, according to statistics. Korea was the largest importer of South African yellow corn, at 610,721 metric tons, while Japan was the second-largest importer with 97,880 metric tons. The crop was also exported to Kuwait, Portugal, Spain and Taiwan. Exports of white corn dropped 25% to 1.05 million metric tons, but combined exports of both yellow and white corn were up 24% to 2.07 million metric tons.

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