# ABSA -Crop market trends- South Africa

> South African maize spot prices rose 1.4% to 1.6% week on week, and maize exports continued through the season. US corn futures rose after USDA reported smaller-than-expected yellow corn supplies, and wheat production was cut 5.72% in the CEC's second estimate.

- Date: 2019-10-02 · published 2019-10-02T12:00:00.000Z
- Category: report · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/56683-absa-crop-market-trends-south-africa
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A smaller USDA corn supply and a cut in South African wheat output support higher feed grain prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-30 | [What’s Moving The Market? - Corn South](https://feedsoft.ai/events/65535-what-s-moving-the-market-corn-south.md) | +1.4% | +3.8% |
| CORN | 2019-12-25 | [Price Above PLC Trigger - Corn South](https://feedsoft.ai/events/55625-price-above-plc-trigger-corn-south.md) | +0.6% | +1.6% |
| CORN | 2021-03-01 | [Economic Outlook: 2021 Corn Market Forecast - Corn South](https://feedsoft.ai/events/48142-economic-outlook-2021-corn-market-forecast-corn-south.md) | +0.6% | +5.4% |
| CORN | 2022-01-20 | [Corn Market 288 \| Maiz'Europ'](https://feedsoft.ai/events/43161-corn-market-288-maiz-europ.md) | +1.6% | +6.7% |
| CORN | 2021-01-14 | [Market Check - Market Check](https://feedsoft.ai/events/49217-market-check-market-check.md) | +0.7% | +4.0% |
| WHEAT | 2018-06-12 | [COCERAL with new EU crop estimate market report](https://feedsoft.ai/events/64475-coceral-with-new-eu-crop-estimate-market-report.md) | -0.9% | -6.9% |
| WHEAT | 2025-02-11 | [USDA trims South American corn, soybean estimates \| Crop Conditions \| farmweeknow.com](https://feedsoft.ai/events/25994-usda-trims-south-american-corn-soybean-estimates-crop-conditions-farmweeknow-com.md) | +2.0% | -3.0% |
| WHEAT | 2021-11-28 | [ABARES releases South Australian crop report - AG Excellence](https://feedsoft.ai/events/44021-abares-releases-south-australian-crop-report-ag-excellence.md) | -1.1% | -3.5% |

## Sources

- farmingportal.co.za: http://www.farmingportal.co.za/index.php/agri-index/68-crops/3160-absa-crop-market-trends-south-africa

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