# Grain commodities: Looking back and ahead - SA Grain

> At the SA Grain Congress, trader Werner Rossouw projected record South African grain consumption for 2018/19, including 11.05 million tons of maize and 3.3 million tons of wheat. He also reported record soybean crush of 1.34 million tons and record sunflower consumption, with low ending oilseed stocks.

- Date: 2019-04-15 · published 2019-04-15T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/59715-grain-commodities-looking-back-and-ahead-sa-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Record local demand and tight oilseed stocks support domestic crush and import needs, while wheat is expected to trade sideways at import parity.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-24 | [Fresh from the Trading Room: Commodities comeback - CME Group](https://feedsoft.ai/events/5611-fresh-from-the-trading-room-commodities-comeback-cme-group.md) | +1.7% | -0.8% |
| CORN | 2020-10-22 | [Goldman Sachs: Commodities bull market ahead on dollar, inflation risk](https://feedsoft.ai/events/50555-goldman-sachs-commodities-bull-market-ahead-on-dollar-inflation-risk.md) | +1.6% | +11.5% |
| CORN | 2018-03-01 | [Commodities Continue to Look Bullish \| news.cqg.com](https://feedsoft.ai/events/65906-commodities-continue-to-look-bullish-news-cqg-com.md) | +0.8% | +1.3% |
| CORN | 2021-04-16 | [Brighter Days Ahead For Barged Commodities - The Waterways Journal](https://feedsoft.ai/events/47778-brighter-days-ahead-for-barged-commodities-the-waterways-journal.md) | +5.1% | +18.3% |
| CORN | 2017-03-17 | [Dollar crunched by cautious Fed, bonds and commodities cheer \| Daily FT](https://feedsoft.ai/events/71922-dollar-crunched-by-cautious-fed-bonds-and-commodities-cheer-daily-ft.md) | -1.8% | +0.6% |
| SOY | 2020-10-22 | [Goldman Sachs: Commodities bull market ahead on dollar, inflation risk](https://feedsoft.ai/events/50555-goldman-sachs-commodities-bull-market-ahead-on-dollar-inflation-risk.md) | -1.4% | +9.7% |
| SOY | 2018-03-01 | [Commodities Continue to Look Bullish \| news.cqg.com](https://feedsoft.ai/events/65906-commodities-continue-to-look-bullish-news-cqg-com.md) | +1.0% | -2.6% |
| SOY | 2021-04-16 | [Brighter Days Ahead For Barged Commodities - The Waterways Journal](https://feedsoft.ai/events/47778-brighter-days-ahead-for-barged-commodities-the-waterways-journal.md) | +8.1% | +13.7% |

## Sources

- sagrainmag.co.za: https://sagrainmag.co.za/2019/04/15/grain-commodities-looking-back-and-ahead/

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