Price-In-Charts: Price of corn in South Africa trends downwards

The wholesale price of South African corn in Cape Town has plummeted between May W3 2020 to May W2 2021 as the YoY price decrease for the commodity in South Africa was recorded at 23.27%. South African corn production is booming and is expected to reach its peak volume of 16.45M tonnes in 2021, driving local wholesale prices even lower.