{"id":764375,"date":"2024-03-31T09:00:00","date_gmt":"2024-03-31T07:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=764375"},"modified":"2024-03-28T14:05:56","modified_gmt":"2024-03-28T12:05:56","slug":"maize-products-in-south-africa-could-be-hit-with-a-double-digit-increase","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/lifestyle\/764375\/maize-products-in-south-africa-could-be-hit-with-a-double-digit-increase\/","title":{"rendered":"Maize products in South Africa could be hit with a double-digit increase"},"content":{"rendered":"\n<p>Drier and hotter-than-usual weather in crop-growing regions in South Africa means that it is expected that South Africans wanting to be maize products will have to dig deeper into their pockets.<\/p>\n\n\n\n<p>&#8220;Harvest could be down by roughly 20%&#8230; which suggests that consumers in the coming two to three months [could see a] 10 to 12%,&#8221; increase in the price of maize products, said Wandile Sihlobo, chief economist at the Agricultural Business Chamber of South Africa, speaking to <a href=\"https:\/\/www.youtube.com\/watch?v=Bw4iWGKfRpw\" data-type=\"link\" data-id=\"https:\/\/www.youtube.com\/watch?v=Bw4iWGKfRpw\" target=\"_blank\" rel=\"noreferrer noopener\">Newzroom Afrika<\/a>. <\/p>\n\n\n\n<p>This is above the country&#8217;s current food inflation rate of 7%. <\/p>\n\n\n\n<p><a href=\"https:\/\/agbiz.co.za\/content\/open\/south-africas-summer-crop-production-prospects-remain-bleak-363\" target=\"_blank\" rel=\"noreferrer noopener\">In its latest crop production estimate<\/a>, South Africa&#8217;s Crop Estimate Committee sees the country&#8217;s overallyea summer grains and oilseed harvest for the 2023\/24 season at 15.8 million tonnes, down 21% from the previous year.<\/p>\n\n\n\n<p>This hit to the agricultural industry results from El Ni\u00f1o-induced weather patterns (associated with dry and hot weather), which has has hurt the crop yield of numerous southern African countries, including South Africa, Zambia, and Zimbabwe.<\/p>\n\n\n\n<p>Looking at Zambia as an example, the country has banned the export of the maize due to, as Sihlobo says, &#8220;nearly half of its maize products failing.&#8221; In late February, its president, Hakainde Hichilema,&nbsp;declared Zambia\u2019s severe drought a national disaster and emergency.<\/p>\n\n\n\n<p>In Zimbabwe, there have <a href=\"https:\/\/apnews.com\/article\/zimbabwe-hunger-food-aid-el-nino-climate-aa25b4d2ee6405a792d75a0d4d12d505#:~:text=HARARE%2C%20Zimbabwe%20(AP)%20%E2%80%94,drought%20crisis%20in%20southern%20Africa.\" data-type=\"link\" data-id=\"https:\/\/apnews.com\/article\/zimbabwe-hunger-food-aid-el-nino-climate-aa25b4d2ee6405a792d75a0d4d12d505#:~:text=HARARE%2C%20Zimbabwe%20(AP)%20%E2%80%94,drought%20crisis%20in%20southern%20Africa.\">been reports<\/a> that roughly&nbsp;2.7 million Zimbabweans are at risk of hunger&nbsp;because of the drought impact in their summer grain fields, which has resulted in the country planning to import 1.1 million metric tons of maize over the next year.<\/p>\n\n\n\n<p>Sihlobo said that the biggest challenge that these regions have &#8220;is primarily white maze supplies,&#8221; as &#8220;the only country that produces white maze in large volume is Mexico.&#8221;<\/p>\n\n\n\n<p>As a result, it is expected that there will be a worldwide constraint on white maize supplies. <\/p>\n\n\n\n<p>Conversely, Sihlobo said that yellow maize &#8220;could easily [be acquired] from the world market,&#8221; at relatively low prices and that they are currently &#8220;not worried&#8221; about other products in the food basket, like fruit, vegetables and meat.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/lifestyle\/764009\/food-prices-continue-to-climb-in-south-africa-with-19-items-seeing-a-double-digit-increase-2\/\" target=\"_blank\" rel=\"noreferrer noopener\">Food prices continue to climb in South Africa \u2013 with 19 items seeing a double-digit increase<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to a hotter and drier climate, South Africa&#8217;s maize harvest could decrease by over 20%, which would lead to a more than 10% increase in the price of its products.<\/p>\n","protected":false},"author":101,"featured_media":758535,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9876],"tags":[9741,10839,19687],"class_list":["post-764375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-food","tag-food-prices","tag-maize"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/764375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/101"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=764375"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/764375\/revisions"}],"predecessor-version":[{"id":764641,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/764375\/revisions\/764641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/758535"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=764375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=764375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=764375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}