South Africa’s Crop Estimates Committee has lowered its estimates for the country’s 2019/20 wheat production by 5% from October 2019 to 1.6 million tonnes. This equates to a 16% decline from the 2018/19 season.

We are not surprised at all by this development as we stated in the previous blog post (https://wandilesihlobo.com/2019/11/25/south-africas-wheat-harvest-estimate-could-be-revised-down-further/) that Western Cape’s winter wheat crop, which has largely been harvested, wasn’t in good shape as initially anticipated...