South Africa: harvesting disappointing for dryland yields, bullish ↑BREAKING NEWS  

In contradiction with the latest official crop estimates of 88’000 metric tons production , local peanut experts foresee much less total output and talking about numbers below 60’000 metric tons…
Yields on the dryland fields seem to be far below the expected 1’300 kg but more likely between 500 kg and 1’000 kg. Yields on irrigation are normal but not excessive…
We would not be surprised to see total crop slightly above the 50’000 metric tons We do not expect the origin offering new crop until the month of June 2018… To be continued