
SAPA's Izaak Breitenbach says poultry consumes nearly half of South Africa's maize crop and most of its soya output. He outlines the updated poultry master plan, which targets avian influenza, higher chicken consumption and cooked-poultry exports.
SAPA has also asked for VAT zero-rating on some chicken products.
Poultry growth drives local maize and soybean meal demand, so expansion supports grain and feed ingredient prices. A VAT change would affect chicken affordability and consumption.
After 318 past bullish policy events, CORN moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
After 356 past bullish policy events, SOY moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.