South Africa currently has a 2-million-ton grain surplus, but white and yellow maize futures have been rising globally.
Poultry prices in South Africa are likely to rise 15% by the end of 2011 on increased input costs, in spite of a current grain surplus, according to Kevin Lovell, chief executive of the Southern African Poultry Association.
The country currently has a 2-million-ton surplus of grain, but white and yellow maize futures, which Lovell said follow the U.S. pricing structure, have been rising. SA Futures Exchange white maize prices for July increased to ZAR 1,675 (US$246.99) a ton in May 2011, from ZAR 1,140 (US$168.10) in May 2010 — a 32% increase. The July contract for yellow maize rose by 31% to ZAR 1,720 (US$253.62) a ton from ZAR 1,190 (US$175.47) in May 2010.
According to experts, the surplus will still allow South Africa prices to remain lower than those of other countries who must rely on grain imports for their poultry feed.
Animal Agriculture Alliance Stakeholders Summit 2015
Strong fundamentals will promote further margin improvements in nearly every region of the world
Contract producers state that Ross birds perform well in Finnish conditions
Scotland’s GSR Distributions Ltd. has allegedly processed and distributed food products without being an approved establishment
Speakers from the EU, US and Germany will discuss the Transatlantic Trade and Investment Partnership on November 12
At full capacity, Project Liberty plant can produce as much of 25 million gallons of ethanol per year
Video, released by USPOULTRY takes a look at current and future antibiotic use in poultry
International Production & Processing Expo to be held January 27-29
--- Thank you for your patience ----
If you have any issues logging in or any other need feel free to contact us.