AGL 38.99 Increased By ▲ 0.97 (2.55%)
AIRLINK 207.10 Increased By ▲ 9.74 (4.94%)
BOP 9.68 Increased By ▲ 0.14 (1.47%)
CNERGY 6.04 Increased By ▲ 0.13 (2.2%)
DCL 8.93 Increased By ▲ 0.11 (1.25%)
DFML 37.06 Increased By ▲ 1.32 (3.69%)
DGKC 96.99 Increased By ▲ 0.13 (0.13%)
FCCL 35.64 Increased By ▲ 0.39 (1.11%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.47 Increased By ▲ 0.30 (2.28%)
HUBC 128.00 Increased By ▲ 0.45 (0.35%)
HUMNL 13.84 Increased By ▲ 0.34 (2.52%)
KEL 5.41 Increased By ▲ 0.09 (1.69%)
KOSM 7.05 Increased By ▲ 0.05 (0.71%)
MLCF 44.94 Increased By ▲ 0.24 (0.54%)
NBP 60.83 Decreased By ▼ -0.59 (-0.96%)
OGDC 217.49 Increased By ▲ 2.82 (1.31%)
PAEL 40.79 Increased By ▲ 2.00 (5.16%)
PIBTL 8.40 Increased By ▲ 0.15 (1.82%)
PPL 194.87 Increased By ▲ 1.79 (0.93%)
PRL 39.17 Increased By ▲ 0.51 (1.32%)
PTC 26.70 Increased By ▲ 0.90 (3.49%)
SEARL 107.62 Increased By ▲ 4.02 (3.88%)
TELE 8.51 Increased By ▲ 0.21 (2.53%)
TOMCL 35.67 Increased By ▲ 0.67 (1.91%)
TPLP 13.52 Increased By ▲ 0.22 (1.65%)
TREET 23.15 Increased By ▲ 0.99 (4.47%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 33.00 Increased By ▲ 0.03 (0.09%)
WTL 1.68 Increased By ▲ 0.08 (5%)
BR100 11,931 Increased By 204.6 (1.75%)
BR30 36,882 Increased By 505.5 (1.39%)
KSE100 111,929 Increased By 2416 (2.21%)
KSE30 35,233 Increased By 719.8 (2.09%)

South Africa is likely to slightly raise its 2014 maize output forecast, a Reuters survey showed on Friday, as traders expect no surprises before the end of the season. The government's Crop Estimates Committee (CEC) last month said maize output for 2014 would rise to 14.017 million tonnes, from the 13.89 million tonnes in its previous forecast.
Now an average estimate of four trading houses polled by Reuters pegs the crop at 14.031 million tonnes, little changed from the previous official estimate. "Most maize has been harvested already, we do not expect any crazy surprises," a trader said. The CEC said in March a harvest of 13 million tonnes or above will be the largest in more than three decades. Maize is the staple crop in South Africa and a bigger crop will be a relief for the country after stocks from last year were depleted by large export commitments.

Copyright Reuters, 2014

Comments

Comments are closed.