WHITE MAIZE (2020/21 New Season) Supply: The total supply of white maize is projected at 9 273 633 tons for the 2020/21 marketing season. This includes an opening stock level (at 1 May 2020) of 473 964 tons and local commercial deliveries of 8 792 910 tons. No whole white maize imports are estimated for the new season, early deliveries of negative 1 241 tons and a surplus of 8 000 tons. Demand: The total demand (domestic plus exports) for white maize is projected at 8 035 500 tons.
The total domestic demand is projected at 6 865 500 tons. This includes 5 000 000 tons processed for human consumption, 1 810 000 tons processed for animal and industrial consumption, 11 500 tons for gristing, 20 000 tons withdrawn by producers, 20 000 tons released to end-consumers and a balancing figure of 4 000 tons (net receipts and net dispatches). A projected export quantity of 270 000 tons of processed products and 900 000 tons of white whole maize is estimated for exports for the 2020/21 marketing season. Please note: When utilizing 45 days’ stock as a proxy, there is potential for 1 305 000 tons of white maize available for exports for the 2020/21 marketing season. Stock levels: The projected closing stock level at 30 April 2021 is estimated at 1 238 133 tons. At an average processed quantity of 568 458 tons per month, this represent available stock levels for 2.2 months or 66 days.
2 YELLOW MAIZE (2020/21 New Season) Supply: The total supply of yellow maize is projected at 6 669 206 tons for the 2020/21 marketing season. This includes an opening stock (at 1 May 2020) of 526 637 tons and local commercial deliveries of 6 134 060 tons. No yellow maize imports estimated for the new season, early deliveries of negative 11 491 tons and a surplus of 20 000 tons. Demand: The total demand (domestic plus exports) for yellow maize is projected at 5 881 500 tons. The total domestic demand is projected at 4 511 500 tons. This includes 600 000 tons processed for human consumption, 3 740 000 tons processed for animal and industrial consumption, 8 000 tons for gristing, 55 000 tons withdrawn by producers, 100 000 tons released to end-consumers and a balancing figure of 8 500 tons (net receipts and net dispatches). A projected export quantity of 120 000 tons of processed products and 1 250 000 tons of yellow whole maize is estimated for exports for the 2020/21 marketing season. Please note: When utilizing 45 days’ stock as a proxy, there is potential for 1 500 000 tons of yellow maize available for exports for the 2020/21 marketing season. Stock levels: The projected closing stock level at 30 April 2021 is estimated at 787 706 tons. At an average processed quantity of 362 333 tons per month, this represent available stock levels for 2.2 months or 66 days.
TOTAL MAIZE (2020/21 New Season) Supply: The total supply of maize is projected at 15 942 839 tons for the 2020/21 marketing season. This includes an opening stock (at 1 May 2020) of 1 000 601 tons and local commercial deliveries of 14 926 970 tons. No whole maize imports are estimated, early deliveries of negative 12 732 tons and a surplus of 28 000 tons. Demand: The total demand (domestic plus exports) for maize is projected at 13 917 000 tons. The total domestic demand is projected at 11 377 000 tons. This includes 5 600 000 tons processed for human consumption, 5 550 000 tons processed for animal and industrial consumption, 19 500 tons for gristing, 75 000 tons withdrawn by producers, 120 000 tons released to end-consumers and a balancing figure of 12 500 tons (net receipts and net dispatches).
A projected export quantity of 390 000 tons of processed products and 2 150 000 tons of total whole maize is estimated for exports for the 2020/21 marketing season. Please note: When utilizing 45 days’ stock as a proxy, there is potential for 2 805 000 tons of total maize available for exports for the 2020/21 marketing season. Stock levels: The projected closing stock level at 30 April 2021 is estimated at 2 025 839 tons. At an average processed quantity of 930 792 tons per month, this represents available stock levels for 2.2 months or 66 days.
An explanation of terms and calculations is available on the NAMC website (http://www.namc.co.za).
3 SWEET SORGHUM (2020/21 New Season) Supply: The total supply of sweet sorghum is projected at 137 903 tons for the 2020/21 marketing season. This includes an opening stock level (at 1 March 2020) of 52 163 tons, local commercial deliveries of 79 740 tons, imports of 5 000 tons for South Africa and a sweet sorghum surplus of 1 000 tons. Demand: The total demand (domestic plus exports) for sweet sorghum is projected at 129 830 tons. This includes 1 000 tons for indoor malting, 11 000 tons for floor malting, 100 000 tons for meal, rice and grits, 9 350 tons for feed, 780 tons withdrawn by producers, 800 tons released to end consumers, and a balancing figure of 900 tons (net receipts and net dispatches). A projected export quantity of 6 000 tons of sweet sorghum is estimated for exports for the 2020/21 marketing season. Stock levels: The projected closing stock level at 28 February 2021 is estimated at 8 073 tons. At an average processed quantity of 10 113 tons per month, this represent available stock levels for 0.8 months or 24 days.
BITTER SORGHUM (2020/21 New Season) Supply: The total supply of bitter sorghum is projected 73 780 tons for the 2020/21 marketing season. This includes an opening stock level (at 1 March 2020) of 8 260 tons, local commercial deliveries of 65 370 tons, no bitter sorghum imports and a surplus of 150 tons for South Africa. Demand: The total demand (domestic plus exports) for bitter sorghum is projected at 42 445 tons. This includes 7 500 tons for indoor malting, 30 000 tons for floor malting, 1 500 tons for meal, rice and grits, 810 tons for feed, 400 tons withdrawn by producers, 80 tons released to end consumers, a balancing figure of 150 tons (net receipts and net dispatches), and a zero deficit. A projected export quantity of 2 000 tons of bitter sorghum is estimated for exports for the 2020/21 marketing season. Stock levels: The projected closing stock level at 28 February 2021 is estimated at 31 335 tons. At an average processed quantity of 3 318 tons per month, this represent available stock levels for 9.4 months or 287 days.
TOTAL SORGHUM (2020/21 New Season) Supply: The total supply of sorghum is projected at 211 683 tons for the 2020/21 marketing season. This includes an opening stock level (at 1 March 2020) of 60 423 tons, local commercial deliveries of 145 110 tons, sorghum imports of 5 000 tons for South Africa with a surplus of 1 150 tons. Demand: The total demand (domestic plus exports) for sorghum is projected at 172 275 tons. This includes 8 500 tons for indoor malting, 41 000 tons for floor malting, 101 500 tons for meal, rice and grits, 10 165 tons for feed, 1 180 tons withdrawn by producers, 880 tons released to end consumers, a balancing figure of 1 050 tons (net receipts and net dispatches), and a zero deficit. A projected export quantity of 8 000 tons of total sorghum is estimated for exports for the 2020/21 marketing season. Stock levels: The projected closing stock level at 28 February 2021 is estimated at 39 408 tons. At an average processed quantity of 13 430 tons per month, this represent available stock levels for 2.9 months or 89 days.
4 WHEAT (2019/20 Season) Supply: The total supply of wheat is projected at 3 901 079 tons for the 2019/20 marketing season. This includes an opening stock level (at 1 October 2019) of 539 079 tons, local commercial deliveries of 1 503 000 tons, whole wheat imports estimated for South Africa of 1 850 000 tons and a surplus of 9 000 tons. Demand: The total demand (domestic plus exports) for wheat is projected at 3 554 350 tons. This includes 3 375 000 tons processed for human consumption, 23 000 tons processed for animal consumption, 2 000 tons withdrawn by producers, 1 650 tons released to end consumers, 18 500 tons projected seed for planting purposes and a balancing figure of 4 200 tons (net receipts and net dispatches). A projected export quantity of 40 000 tons processed products and 90 000 tons whole wheat is estimated for exports for the 2019/20 marketing season. Stock levels: The projected closing stock level at 30 September 2020 is estimated at 346 729 tons. At an average processed quantity of 283 167 tons per month, this represent available stock levels for 1.2 months or 37 days. See Appendix 3 for detailed S&D table. WHEAT (2020/21 New Season) Supply: The total supply of wheat is projected at 3 979 595 tons for the 2019/20 marketing season. This includes an opening stock level (at 1 October 2019) of 346 729 tons, local commercial deliveries of 1 924 230 tons, whole wheat imports estimated for South Africa of 1 700 000 tons and a surplus of 9 000 tons. Demand: The total demand (domestic plus exports) for wheat is projected at 3 564 600 tons. This includes 3 400 000 tons processed for human consumption, 3 000 tons processed for animal consumption, 1 300 tons withdrawn by producers, 1 800 tons released to end consumers, 19 000 tons projected seed for planting purposes and a balancing figure of 4 500 tons (net receipts and net dispatches). A projected export quantity of 30 000 tons processed products and 105 000 tons whole wheat is estimated for exports for the 2019/20 marketing season. Stock levels: The projected closing stock level at 30 September 2021 is estimated at 415 359 tons. At an average processed quantity of 283 583 tons per month, this represent available stock levels for 1.5 months or 45 days.
5 SUNFLOWER SEED (2020/21 New Season) Supply: The total supply of sunflower seed is projected at 926 735 tons for the 2020/21 marketing season. This includes an opening stock level (at 1 March 2020) of 135 325 tons, local commercial deliveries of 785 910 tons, sunflower seed imports of 500 tons for South Africa and a surplus of 5 000 tons. Demand: The total demand (domestic plus exports) for sunflower seed is projected at 793 150 tons. This includes 1 600 tons processed for human consumption, 5 400 tons processed for animal consumption, 780 000 tons for crush (oil and oilcake), 650 tons withdrawn by producers, 1 100 tons released to end consumers, 2 550 tons seed for planting purposes and a balancing figure of 1 300 tons (net receipts and net dispatches). A quantity of 550 tons is estimated for exports for the 2020/21 marketing season. Stock levels: The projected closing stock level at 28 February 2021 is estimated at 133 585 tons. At an average processed quantity of 65 583 tons per month, this represents available stock levels for 2 months or 62 days.
SOYBEANS (2020/21 New Season) Supply: The total supply of soybeans is projected at 1 619 305 tons for the 2020/21 marketing season. This includes an opening stock level (at 1 March 2020) of 138 455 tons, local commercial deliveries of 1 228 250 tons, soybean imports of 250 000 tons for South Africa and a surplus of 2 600 tons. Demand: The total demand (domestic plus exports) for soybeans is projected at 1 464 150 tons. This includes 25 000 tons processed for human consumption, 165 000 tons processed for animal (full fat) feed, 1 260 000 tons for crush (oil and oilcake), 800 tons withdrawn by producers, 450 tons released to end consumers, 7 700 tons seed for planting purposes, and a balancing figure of 1 200 tons (net receipts and net dispatches). A quantity of 4 000 tons soybeans is estimated for exports for the 2020/21 marketing season. Stock levels: The projected closing stock level at 28 February 2021 is estimated at 155 155 tons. At an average processed quantity of 120 833 tons per month, this represents available stock levels for 1.3 months or 39 days.
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