Agri Trends – 04 May 2018 – Grains, oilseeds and fibre

Is listeriosis under control?

 

Since the recall of affected products on 4 March from shop shelves the incidence of listeriosis dropped significantly.  Compared to the level of occurrences under normal circumstances in the USA the reported cases of listeriosis in South Africa dropped to similar levels in the latest report of the National Listeria Incident Management Team.  It is therefore expected that this crucial statistics should be shared with consumers.  It may just be that the listeriosis outbreak is under control and that the ready to eat products can be consumed with increased consumer confidence.  Currently, these products sell at a fair discount and it is expected, as consumer confidence recovered, the price of these products will follow suit.  An announcement in this regard is due.

Highlights

 Grains

  • Weakening rand and renewed interest to export maize to Far East destinations provide interim price support
  • Old season maize prices in South Africa are at production cost levels
  • Uncertainty about rainfall and increased planting of feed eg lupins and feed barley may limit the planting of wheat in the Western Cape Province

Oilseeds

  • South  Africa does not export sunflowerseed.  Production and carry out of new season sunflowerseed increased and will be sufficient to meet domestic demand. Harvest pressure on a big sunflowerseed crop add to price pressure
  •  Favourable crushing margin for soybeans compared to a more tight crushing margins for sunflower seeds allow for more soybeans to be crushed
  • Late planted sunflower seed are susceptible to frost

 

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Published on Monday, 14th May 2018 - 07:50

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