South Africa is likely to reduce its wheat imports in next few months

Wheat harvest in South Africa has been the highest this year in the past 10 years. The expected average yield this year was 3.8t/ha which is more than the yield of 2.7t/ha in 2019. Over the past 5 years, South Africa has imported 51% of its annual wheat consumption which comes from countries such as Germany, Latvia, Russia and Ukraine. This above-average yield indicates that imports of wheat to South Africa will drop over the next 12 months or more.