# Agricultural Business Chamber of South Africa

> The Agricultural Business Chamber of South Africa warns that a switch from La Niña to El Niño could bring drier, hotter conditions to the 2023/24 season. The country has had four consecutive La Niña seasons of above-normal rain that supported yields.

- Date: 2023-01-26 · published 2023-01-26T12:00:00.000Z
- Category: weather · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/37705-agricultural-business-chamber-of-south-africa
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A drier 2023/24 season could cut South African maize and other field crop output, tightening white and yellow corn supply and supporting import demand. The risk remains a few months away.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-28 | [ABSA- AGRITRENDS- South Africa- November 2019- Crops](https://feedsoft.ai/events/56197-absa-agritrends-south-africa-november-2019-crops.md) | +1.1% | +3.4% |
| CORN | 2017-06-09 | [2017 Summer U.S. Agricultural Outlook](https://feedsoft.ai/events/70413-2017-summer-u-s-agricultural-outlook.md) | -1.0% | +0.3% |
| CORN | 2020-05-01 | [South America Hits Dryness Bump](https://feedsoft.ai/events/52958-south-america-hits-dryness-bump.md) | +1.3% | +2.2% |
| CORN | 2019-10-30 | [Agri Trends South Africa- Grain- Oilseeds report October 2019](https://feedsoft.ai/events/56677-agri-trends-south-africa-grain-oilseeds-report-october-2019.md) | +2.1% | +0.3% |
| CORN | 2017-07-14 | [Corn, Soybean Futures Climb After Week of Losses \| Fox Business](https://feedsoft.ai/events/11082-corn-soybean-futures-climb-after-week-of-losses-fox-business.md) | +5.3% | -1.2% |

## Sources

- agbiz.co.za: https://www.agbiz.co.za/article/el-ni%C3%B1o-is-showing-its-head-again-and-presents-risks-for-the-2023-24-season

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.