South Africa: following our latest report (2months ago) due to the drought during November and December 2017, planting intentions have been slashed by 40%, from 60.000 hectares down to 36.000 hectares; if everything goes well until the harvesting (May, June 2018) we could reach a total crop production of around 50.000 metric tons; which size will leave rooms for imports as from July-August 2018.
BREAKING NEWSFebruary 25, 2018
SOUTH AFRICA: total crop production of around 50.000 metric tons
INDIA: Smaller peanut crops in India, will put a high bottom in the global market. bullish ↑BREAKING NEWS INDIA
July 19, 2018