The Maize Forum 6 October 2017 Nico Hawkins General Manager
White Maize
White Maize: Supply & Demand (National vs. International) (Marketing season) White Maize SAGIS NAMC May - Apr Actual 2016/17 '000t Projection 2017/18 '000t Opening stocks 1 307.9 597.8 Producer Deliveries 3 551.8 9 642.8 Imports 644.1 0.0 Total use (Local) 4 352 (a) 6 360.0 (a) Exports 587.4 870.0 Closing stocks 597.8 (b) 2 782.0 (b) (a) Including producer w ithdraw als and end-users (b) All stocks, regardless ow nership thereof, in commercial structures Sources: SAGIS - 27 Sep '17, NAMC: S&DEC - 3 Oct '17, GMR: 29 Sep '17 International (GMR) Sep - Aug Estimate Projection 2016/17 2017/18 Mt Mt Not available Not available
White Maize: Production & Producer Deliveries CEC Estimates, Yield, Ha & SAGIS Deliveries Ton 12 000 000 10 000 000 WHITE MAIZE: CEC ESTIMATE, YIELD, HA & SAGIS DELIVERIES CEC (Crop Est.) SAGIS (Prod Del) CEC (Ha) CEC (Yield) Yield 7.0 S&DEC 6.0 8 000 000 6 000 000 4 000 000 5.0 4.0 3.0 2.0 2 000 000 1.0 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj. 0.0
White Maize: Weekly producer deliveries Production season (1 May until 29 Sep 17)
White Maize: Raw material: Imports & Exports Ton 2 100 000 1 950 000 1 800 000 1 650 000 1 500 000 1 350 000 1 200 000 1 050 000 900 000 750 000 600 000 450 000 300 000 150 000 0 WHITE MAIZE: IMPORTS & EXPORTS Imports Exports S&DEC 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
White Maize: Exports Raw material Major Destinations (2017/18 Progr. 1 May 29 Sep 17) Nambia 2.9% Mozambique 4.7% Uganda 5.4% Lesotho 8.4% White Maize Exports 1 May - 29 Sep '17 Swaziland 3.4% Zimbabwe 2.2% Kenya 53.1% Botswana 20.0% Progr. Total: 465 526 ton
White Maize: Consumption Ton 5 000 000 4 500 000 WHITE MAIZE: RSA CONSUMPTION Human Animal/industrial S&DEC 4 000 000 3 500 000 3 000 000 2 500 000 2 000 000 1 500 000 1 000 000 500 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
White Maize: Stocks Ton 8 000 000 7 000 000 WHITE MAIZE: OPENING & ENDING STOCKS Opening stock Ending Stock S&DEC 6 000 000 5 000 000 4 000 000 3 000 000 2 000 000 1 000 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
White Maize: 17/18 Marketing Year Supply & Demand Progr. 1 May 31 Aug 17 Ton 11 000 000 10 000 000 9 000 000 8 000 000 7 000 000 9 892 750 White Maize: Current Season 1 May - 31 Aug 2017 9 642 750 S&DEC Prod Del 8 773 744 0 S&DEC Imports 6 295 000 S&DEC Processed 870 000 S&DEC Exports 6 000 000 5 000 000 Excl Early Deliveries 4 000 000 3 000 000 2 000 000 1 000 000 0 2 048 822 465 526 CEC (Crop Est.) SAGIS (Prod Del) 0 Imports Processed Exports
White Maize: Milled for product exports Ton 5 000 000 4 500 000 WHITE MAIZE: RSA CONSUMPTION Human Animal/industrial S&DEC 4 000 000 3 500 000 3 000 000 2 500 000 2 000 000 1 500 000 1 000 000 500 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
Yellow Maize
Yellow Maize: Supply & Demand (National vs. International) (Marketing season) Yellow Maize SAGIS NAMC May - Apr Actual Projection 2016/17 2017/18 '000t '000t International (GMR) Sep - Aug Estimate Projection 2016/17 2017/18 Mt Mt Opening stocks 1 163.2 496.8 209.5 237.0 Producer Deliveries 3 917.8 6 451.3 1 078.9 1 029.1 Imports 1 592.6 0.0 138.0 147.5 Total use (Local) 5 739.6 (a) 4 053.0 (a) 1 051.4 1 057.8 Exports 438.9 1 330.0 138.0 147.5 Closing stocks 496.8 (b) 1 667.4 (b) 237.0 208.2 (a) Including producer w ithdraw als and end-users (b) All stocks, regardless ow nership thereof, in commercial structures Sources: SAGIS - 27 Sep '17, NAMC: S&DEC - 3 Oct '17, GMR: 29 Sep '17
Yellow Maize: Production & Producer Deliveries CEC Estimates, Yield, Ha & SAGIS Deliveries Ton 8 000 000 7 000 000 YELLOW MAIZE: CEC ESTIMATE, YIELD, HA & SAGIS DELIVERIES Yield CEC (Crop Est.) SAGIS (Prod Del) CEC (Ha) CEC (Yield) S&DEC 8.00 7.00 6 000 000 6.00 5 000 000 5.00 4 000 000 4.00 3 000 000 3.00 2 000 000 2.00 1 000 000 1.00 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj. 0.00
Yellow Maize: Weekly producer deliveries Production season (1 May until 29 Sep 17)
Yellow Maize: Raw Material: Imports & Exports (2017/18 Progr. 1 May 31 Aug 17) Ton 2 000 000 1 800 000 YELLOW MAIZE: IMPORTS & EXPORTS Imports Exports S&DEC 1 600 000 1 400 000 1 200 000 1 000 000 800 000 600 000 400 000 200 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
Yellow Maize: Exports Raw material Major destinations (2017/18 Progr. 1 May 29 Sep 17) Yellow Maize Exports Thaiwan 25.4% Mozambique 1.0% 1 May - 29 Sep '17 Botswana 1.0% Namibia 2.1% Korea Rep 12.7% Mozambique 11.2% Japan 54.1% Progr. Total: 848 225 ton
Yellow Maize: Consumption Ton 6 000 000 YELLOW MAIZE: RSA CONSUMPTION Human Animal/industrial S&DEC 5 000 000 4 000 000 3 000 000 2 000 000 1 000 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
Yellow Maize: Stocks Ton 4 500 000 4 000 000 YELLOW MAIZE: OPENING & ENDING STOCKS Opening stock Ending Stock S&DEC 3 500 000 3 000 000 2 500 000 2 000 000 1 500 000 1 000 000 500 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
Yellow Maize: 17/18 Marketing Year Supply & Demand (2017/18 Progr. 1 May 31 Aug 17) Ton 8 000 000 7 000 000 6 851 250 Yellow Maize: Current Season 1 May - 31 Aug 2017 6 451 250 S&DEC Prod Del 0 S&DEC Imports 3 788 000 S&DEC Processed 1 330 000 S&DEC Exports 6 000 000 5 919 537 5 000 000 4 000 000 3 000 000 Exluding Early Deliveries 2 000 000 1 000 000 0 1 367 590 848 225 0 CEC (Crop Est.) SAGIS (Prod Del) Imports Processed Exports
Yellow Maize Exports : Milled for product Exports Ton 120 000 YELLOW MAIZE: MILLED FOR PRODUCT EXPORTS African Countries Other Countries 100 000 80 000 60 000 40 000 20 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug
Total Maize
Total Maize: Supply & Demand (National vs. International) (Marketing season) Total Maize SAGIS NAMC May - Apr International (GMR) Sep - Aug Actual 2016/17 Projection 2017/18 Estimate 2016/17 Projection 2017/18 '000t '000t Mt Mt Opening stocks 2 471.1 1 094.6 206.8 208.4 Producer Deliveries 7 469.6 16 094.1 969.8 1 026.5 Imports 2 236.7 0.0 135.5 131.9 Total use (Local) 10 091.1 (a) 10 413.0 (a) 968.2 1 018.6 Exports 1 026.3 2 200.0 135.5 131.9 Closing stocks 1 094.6 (b) 4 449.4 (b) 208.4 216.3 (a) Including producer w ithdraw als and end-users (b) All stocks, regardless ow nership thereof, in commercial structures Sources: SAGIS - 27 Sep '17, NAMC: S&DEC - 3 Oct '17, GMR: 29 Sep '17
Total Maize: Production & Producer Deliveries CEC Estimates, Yield, Ha & SAGIS Deliveries Ton 18 000 000 16 000 000 14 000 000 12 000 000 10 000 000 TOTAL MAIZE: CEC ESTIMATES, YIELD, HA & SAGIS DELIVERIES CEC (Crop Est.) SAGIS (Prod del) CEC (Ha) CEC (Yield) Yield 7.0 S&DEC 6.0 5.0 4.0 8 000 000 6 000 000 4 000 000 2 000 000 3.0 2.0 1.0 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj. 0.0
Total Maize: Imports & Exports: Raw material Ton 2 850 000 2 700 000 2 550 000 2 400 000 2 250 000 2 100 000 1 950 000 1 800 000 1 650 000 1 500 000 1 350 000 1 200 000 1 050 000 900 000 750 000 600 000 450 000 300 000 150 000 0 TOTAL MAIZE: IMPORTS & EXPORTS Total Imports Exports S&DEC 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
Total Maize: Consumption Ton 6 000 000 TOTAL MAIZE: RSA CONSUMPTION Human Animal/industrial S&DEC 5 000 000 4 000 000 3 000 000 2 000 000 1 000 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
Total Maize: Stocks Ton 12 000 000 TOTAL MAIZE: OPENING & ENDING STOCKS Opening stock Ending Stock S&DEC 10 000 000 8 000 000 6 000 000 4 000 000 2 000 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug 17/18 Proj.
Total Maize: 17/18 Marketing Year Supply & Demand (2017/18 Progr. 1 May 31 Aug 17) Ton 18 000 000 16 000 000 16 744 000 Total Maize: Current Season 1 May - 31 Aug 2017 16 094 000 S&DEC Prod Del 0 S&DEC Imports 10 083 000 S&DEC Processed 2 200 000 S&DEC Exports 14 000 000 14 693 281 12 000 000 10 000 000 8 000 000 Exl Early Deliveries 6 000 000 4 000 000 2 000 000 0 3 416 412 1 313 751 0 CEC (Crop Est.) SAGIS (Prod del) Total Imports Processed Exports
Total Maize Exports: Milled for product exports Ton 160 000 TOTAL MAIZE: Milled for product exports African Countries Other Countries 140 000 120 000 100 000 80 000 60 000 40 000 20 000 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Progr. May-Aug
Price Movements
FOB: Maize World Price US$/ton 400 Maize World Prices - US NO3 YELLOW GULF (FOB) - 350 300 250 200 150 100 50 0 2006-09-01 2007-03-01 2007-09-01 2008-03-01 2008-09-01 2009-03-01 2009-09-01 2010-03-01 2010-09-01 2011-03-01 2011-09-01 2012-03-01 2012-09-01 2013-03-01 2013-09-01 2014-03-01 2014-09-01 2015-03-01 2015-09-01 2016-03-01 2016-09-01 2017-03-01 2017-09-01
Price Movements: Comparison SAFEX 2017/09/26 2017/08/25 2016/09/26 Price % Month Price % Year Price R/Ton on Month R/Ton on Year R/Ton Future prices for Dec 2017 Yellow Maize 2015.00 3.44 1948.00-34.54 3078.00 White Maize 1898.00-0.16 1901.00-49.75 3777.00 Future prices for Mar 2018 Yellow Maize 2062.00 1.83 2025.00-32.48 3054.00 White Maize 1945.00 0.10 1943.00-45.64 3578.00 Source: SAFEX
Price Movements: Comparison CBOT 2017/09/26 2017/08/25 2016/09/26 Price % Month Price % Year Price $/Ton on Month R/Ton on Year R/Ton US NO 3 Yellow Maize December '17 138.65-0.34 139.13 7.05 129.52 March '18 143.77-0.33 144.25 7.73 133.46 Source: CBOT
Indicative import parity prices 2017/09/26 USA Gulf (no.3y) Argentine Up River Oct 17 Okt 17 International FOB prices 157.00 149.00 Freight Rates 38.00 29.00 Insurance (0.3% of FOB) 0.47 0.45 1 COST, INSURANCE AND FREIGHT (CIF) $/t 195.47 178.45 Converted to R/t R/$ Exchange rate on: 2017/09/26 13.2977 13.2977 R/t R/t 2 COST, INSURANCE AND FREIGHT (CIF) R/t 2599.3 2372.97 Financing cost 21.90 19.99 3 COST, INSURANCE, FREIGHT AND FINANCING R 2621.20 2392.96 Discharging cost: - Cape Tow n 191.47 191.47 - Durban 185.45 185.45 Import Tariff 0.00 0.00 4 FREE ON RAIL (FOR) R/t - Cape Tow n 2812.67 2584.43 - Durban 2806.65 2578.41 Railage cost - Durban to Randfontein 460.20 460.20 5 DELIVERED - Durban to Randfontein R/t 3266.85 3038.61 6 SAFEX Randfontein 1970.00 1970.00 $/t $/t
Indicative export parity prices US No3Y 2017/09/28 Maize/ Mielies Gulf/Golf (b) Oct '17 FOB Gulf value ($/t) 157.00 Difference in quality and locality of SA Maize: Plus US$10 ($/t) 10.00 Groundnuts: Less 3,5% of fob value SA fob price ($/t) 167.00 Exchange rate (1$=): (2017/09/26) 13.2977 FOB Gulf value (R/t) 2220.72 Marketing costs: Financing (Prime rate 10.50% - 30 days) (R/t) 19.17 Railage: Randfontein Durban harbour 460.20 Loading costs: (R/t) Durban Harbour (Mainly spout method) 170.98 EXPORT REALISATION: (R/t) Durban Harbour 1570.37 SAFEX Randfontein price 1970.00 Source: IGC
SARS FOB Prices: Imports Previous years: May April 2017/18: Progr. May July 17 1005.90.90 Maize Other 1005.90.10 Maize Kernels 2015/16 2016/17 Progr. 2017/18 Imports Total value of imports Quantity (Ton) FOB value (R'000) 1 941 341 2 607 695 0 5 083 909 7 336 141 0 Value per ton R/Ton 2 619 2 813 0 Source: SARS
SARS FOB Prices: Exports Previous years: May April 2017/18: Progr. May July 17 1005.90.90 Maize Other 1005.90.10 Maize Kernels 2015/16 2016/17 Progr. 2017/18 Exports Total value of imports Quantity (Ton) FOB value (R'000) 792 775 1 156 525 826 807 3 314 712 5 008 218 2 060 550 Value per ton R/Ton 4 181 4 330 2 492 Source: SARS
Imports: SARS FOB Prices (2017/18 Progr. May July 2017) Imports Tariff line 1005.90.90 Maize - Other Tariff line 1005.90.10 Maize - Dried Kernels Country Ton FOB value R'000 Rand/ton Argentina 52 389.47 7 489.81 Botswana 5 22.43 4 486.00 Brazil 75 456.37 6 073.19 India 1 29.80 25 890.53 Kenya 0 0.76 760 000.00 Lesotho 57 274.99 4 813.58 Namibia 0 0.30 3 000.00 Nigeria 0 0.84 2 675.16 Swaziland 112 329.76 2 942.18 Unknown 43 122.26 2 842.46 Zimbabwe 0 0.13 2 241.38 Total 346 1 627.11 4 702.78 Progr. May - Jul '17 Source: SARS
Exports: SARS FOB Prices (2017/18 Progr. May Jul 2017) Exports Tariff line 1005.90.90 Maize - Other including: Tariff line 1005.90.10 Maize - Dried Kernels Country Ton FOB value Rand R'000 per ton Angola 792 2 607.15 3 291.47 Australia 0 3.62 29 430.89 Bahrain 25 201.49 8 076.40 Botswana 57 359 115 893.64 2 020.51 Cameroon 50 405.49 8 109.80 China 1 656 2 582.38 1 559.41 Congo 1 29.98 47 891.37 Congo Dem Rep Of 3 034 2 739.27 902.99 Coto D Ivoire 975 7 766.29 7 965.43 Denmark 66 618.95 9 370.93 Ethiopia 0 2.28 15 200.00 France 14 122.04 8 843.48 Georgia 75 591.87 7 891.60 Ghana 101 840.83 8 321.59 India 100 731.93 7 319.30 Japan 152 696 337 318.45 2 209.08 Ireland 0 0.03 30 000.00 Kenya 231 772 682 375.40 2 944.17 Korea, Rep Of 52 000 95 886.50 1 843.97 Lesotho 28 735 54 601.47 1 900.19 Madagascar 6 95.66 16 436.43 Malawi 9 106.75 11 489.61 Malaysia 77 698.73 9 061.24 Mauritius 20 129.90 6 378.28 Mozambique 15 043 42 568.86 2 829.86 Country Ton FOB value Rand R'000 per ton Myanmar 25 196.55 7 856.97 Namibia 22 100 47 489.68 2 148.81 Nigeria 3 44.69 15 915.24 Rwanda 0 1.90 95 000.00 Russian Federation 125 1 067.40 8 534.83 Saint Helena 3 26.43 8 642.90 Senegal 25 220.00 8 800.00 Singapore 51 440.70 8 674.68 Sri Lanka 150 1 300.00 8 666.67 Swaziland 32 073 63 230.37 1 971.46 Taiwan, Prov of China 214 051 529 815.58 2 475.18 Tanzania 0 11.26 72 645.16 Thailand 724 6 598.35 9 115.86 Togo 50 385.64 7 712.80 Uganda 3 519 10 168.42 2 889.26 United Arab Emirates 2 341 18 590.03 7 940.71 United Kingdom 105 817.87 7 820.67 Unknown 212 968.28 4 574.87 Zambia 6 644 30 258.25 4 554.05 Total 826 807 2 060 550.36 2 492.18 Progr. May - Jul '17 Source: SARS
Transport Component
Transport component Maize MAIZE:TRANSPORT BY COMPONENT % 90 Conveyor Belt Freight rail Road Transport 80 70 60 50 40 30 20 10 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Transport component Maize and Wheat % 90 MAIZE AND WHEAT:TRANSPORT BY COMPONENT Conveyor Belt Freight rail Road Transport 80 70 60 50 40 30 20 10 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Maize Products
Maize Products Manufactured per month Progr. May Aug 17 (4months) MAIZE PRODUCTS White products Aug '17 Manufactured Manufactured Manufactured Yellow Total White Yellow Total White Yellow products Maize products products Maize products products Ton Progr. May - Aug '17 % of Total Manufactured Total Maize Maize Chop 128 719 15 202 143 921 477 351 64 578 541 929 31.4 29.7 31.2 Maize Rice 796 108 904 3 277 1 152 4 429 0.2 * 0.3 Maize Grits 5 597 22 114 27 711 18 629 94 153 112 782 1.2 * 6.5 Samp 10 267 2 080 12 347 36 444 8 758 45 202 2.4 * 2.6 Sifted Maize Meal 2 808 2 865 5 673 9 309 17 724 27 033 0.6 8.1 1.6 Special Maize Meal 33 315 476 33 791 121 635 2 392 124 027 8.0 1.1 7.1 Super Maize Meal 210 961 1 832 212 793 805 788 7 707 813 495 53.1 3.5 46.8 Unsifted Maize Meal 1 082 1 1 083 3 434 2 3 436 0.2 0.0 0.2 Other maize products intended for Human consumption 10 298 5 450 15 748 43 035 21 017 64 052 2.8 9.7 3.7 Total 403 843 50 128 453 971 1 518 902 217 483 1 736 385 100 52 100 Ton Ton Whole maize milled 400 180 60 363 460 543 1 512 469 246 857 1 759 326 Diff milled and products -3 663 10 235 6 572-6 433 29 374 22 941 % Chop 32 30 32 31 30 31
Maize Products Imported per month Progr. May Aug 17 (4 months) White Maize August 2017 Progr. May - Aug '17 Imported Ton Ton Ton Yellow Maize Total Maize White Maize Imported Yellow Maize Total Maize White Maize % of Total Imported Yellow Maize Total Maize Maize Chop 63 0 63 63 0 63 4 0 4 Maize Rice 0 0 0 0 0 0 0 0 0 Maize Grits 0 22 22 0 22 22 0 100 1 Samp 0 0 0 0 0 0 0 0 0 Sifted Maize Meal 1 506 0 1 506 1 506 0 1 506 96 0 95 Special Maize Meal 0 0 0 0 0 0 0 0 0 Super Maize Meal 0 0 0 0 0 0 0 0 0 Unsifted Maize Meal 0 0 0 0 0 0 0 0 0 Other maize products intended for Human consumption 0 0 0 0 0 0 0 0 0 Total 1 569 22 1 591 1 569 22 1 591 100 100 100 * Included total for yellow rice, grits and samp
Maize Products Exported per month Progr. May Aug 17 (4 months) White Maize Ton Ton Ton Yellow Maize Total Maize White Maize Yellow Maize Total Maize White Maize Yellow Maize Total Maize Maize Chop 0 0 0 0 0 0 0 0 0 Maize Rice 1 0 1 3 0 3 0 0 0 Maize Grits 0 1 384 1 384 0 7 651 7 651 0 72 46 Samp 101 0 101 443 0 443 7 0 3 Sifted Maize Meal 16 0 16 32 2 645 2 677 1 25 16 Special Maize Meal 42 0 42 1 166 4 1 170 19 0 7 Super Maize Meal 915 9 924 4 353 398 4 751 72 4 28 Unsifted Maize Meal 0 0 0 0 0 0 0 0 0 Other maize products intended for Human consumption Aug 2017 Progr. May - Aug '17 Exported Exported % of Total Exported 5 0 5 19 0 19 0 0 0 Total 1 080 1 393 2 473 6 016 10 698 16 714 100 100 100
White Maize Products Progr. Aug 16 Jul 17 (12 months) White Maize Meal Products (Aug '16 - Jul '17) Special 380 163 12.8% Sifted 28 099 0.9% Super 2 281 491 76.9% Unsifted 11 072 0.4% Other 265 858 9.0% Total Human Consumption: 2 966 683
Yellow Maize Products Progr. Aug 16 Aug 17 (12 months) Yellow Maize Meal Products (Aug '16 - Jul '17) Sifted 49 623 10.8% Other 109 339 23.8% Rice/Grits/Samp 299 640 65.3% Total Human Consumption: 458 602
Maize Products: Consumption Progr. Sep 16 Aug 17 (12 months) Per capita consumption Maize products Wheat products 12 months (1 Aug '16-31 Jul '17) Manufactured 3 425 285 3 180 726 + Imports 8 265 282 - Exports -76 528-7 392 Total "consumed" 3 357 022 3 173 616 Total population 55 909 000 55 909 000 Per capita consumption (Kg) 60.04 56.76
Maize products: Year on year price changes 2017 % Year 2016 % Year 2015 Price on Price on Price R Year R Year R Special Maize 2.5kg 22.50-10.61 25.17 67.13 15.06 Maize Super 5kg 44.32-16.16 52.86 40.18 37.71 *White Maize Safex 1 818.68-56.04 4 137.43 35.66 3 049.85 * Average spot price Source: SA Statistics & JSE Safex August
Maize Products: Prices 32.00 27.00 22.00 PRICES MAIZE PRODUCTS (Special Maize) Mealie meal/maize flour 1 Kg (Special Maize) Mealie meal/maize flour 2,5 Kg Super Maize 1 Kg Super Maize 2.5 Kg 17.00 12.00 7.00 2.00 Aug-08 Feb-09 Aug-09 Feb-10 Aug-10 Feb-11 Aug-11 Feb-12 Aug-12 Feb-13 Aug-13 Feb-14 Aug-14 Feb-15 Aug-15 Feb-16 Aug-16 Feb-17 Aug-17
Maize Products: Index MAIZE PRODUCTS INDEX % % 250 200 (Special Maize) Mealie meal/maize flour 1 Kg (Special Maize) Mealie meal/maize flour 2.5 Kg Super Maize 1 Kg Super Maize 2.5 Kg SAFEX Spot price White Maize 150 100 142.07 123.57 126.96 105.37 84.35 50 0 Jan-13 Apr-13 Jul-13 Oct-13 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17
Maize General
Co-workers : Whole Grain Maize Whole grain firms registered End consumers 32 7% Storers 35 7% Traders 65 13% Harbour silo owners 17 3% Processors 350 70% Total firms: 499
Co-workers : Products Maize Products firms registered Products: Import / Export 3 2% Milling Industry 177 98% Total firms: 180
Board of Directors The Maize Industry is represented by: Chairperson Dr JL Purchase Director Ms N Mahlathi Alternate Director Mr BC Schoonwinkel
Gratitude The following parties makes it possible for SAGIS to fulfil our commitments: The Maize Trust The Maize Forum Relevant Associations Board of Directors Co-workers Staff
Note: This presentation will be available on SAGIS website under SAGIS information, Presentations Thank you