# Middle East Africa Commodities - Markets - Business Recorder

> Turkey expects 2019 grain output to rise 1.1% to 34.8 million tonnes. South Africa's 2019 maize crop is seen 13% lower after dry conditions, and Tanzania will export 700,000 tonnes of maize to El Nino-drought-hit Zimbabwe. Egypt has procured 3 million tonnes of local wheat.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: weather · region Africa · magnitude low
- Page: https://feedsoft.ai/events/59174-middle-east-africa-commodities-markets-business-recorder
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

South African maize shortfall and regional drought support maize and feed grain prices in southern Africa, while Tanzanian exports partly offset the gap. Egypt's domestic procurement reduces its import needs.

## Read by commodity

- CORN: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-02-16 | [US MIDDAY: Wheat climbs - Markets - Business Recorder](https://feedsoft.ai/events/9256-us-midday-wheat-climbs-markets-business-recorder.md) | +1.5% | -3.8% |
| CORN | 2019-05-20 | [News Archives for Markets - 2019-05-20 - Business Recorder](https://feedsoft.ai/events/5633-news-archives-for-markets-2019-05-20-business-recorder.md) | +3.2% | +10.8% |
| CORN | 2024-04-23 | [Chicago wheat futures extend gains - Markets - Business Recorder](https://feedsoft.ai/events/12141-chicago-wheat-futures-extend-gains-markets-business-recorder.md) | -0.1% | +4.1% |
| CORN | 2019-05-28 | [News Archives for Markets - 2019-05-28 - Business Recorder](https://feedsoft.ai/events/8254-news-archives-for-markets-2019-05-28-business-recorder.md) | +2.6% | +8.8% |
| CORN | 2024-09-23 | [Chicago wheat rises on global crop concern - Markets - Business Recorder](https://feedsoft.ai/events/5608-chicago-wheat-rises-on-global-crop-concern-markets-business-recorder.md) | +1.3% | -0.8% |
| WHEAT | 2026-10-27 | [CBoT corn drops on US harvest pressure - Markets - Business Recorder](https://feedsoft.ai/events/421-cbot-corn-drops-on-us-harvest-pressure-markets-business-recorder.md) | -0.2% | — |
| WHEAT | 2025-02-18 | [Wheat eases from 4-month highs, soybean flat - Markets - Business Recorder](https://feedsoft.ai/events/26078-wheat-eases-from-4-month-highs-soybean-flat-markets-business-recorder.md) | -0.3% | +0.5% |
| WHEAT | 2020-06-08 | [Rain brings respite for EU wheat - Markets - Business Recorder](https://feedsoft.ai/events/52550-rain-brings-respite-for-eu-wheat-markets-business-recorder.md) | -0.3% | -6.4% |

## Sources

- brecorder.com: https://www.brecorder.com/markets/middle-east-africa-commodities/5

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