The 2024 mid-summer drought continues to weigh on the summer crop harvest

--:--
South Africa is on its eighth summer grain and oilseeds production forecast for the 2023-24 season. There are two more monthly reports to follow. Given that we are at the tail end of the season and will soon be in the optimal planting window for the 2024-25 production season from mid-October, we thought there would be no major revisions of the production figures at this late stage.

But this has not been a typical season, and the lower producer deliveries we have been observing over the past few weeks are not only a function of on-farm storage but a poor harvest. Indeed, we struggled with a mid-summer drought in February and March, undermining crop yield potential in various regions.

On October 26, South Africa's Crop Estimates Committee lowered again the 2023-24 summer grain and oilseeds production estimate by 2% from August to 15,45 million tonnes. The major downward revision was in maize, sunflower seed, and groundnut harvest. The 2023-24 summer grain and oilseeds harvest is now down 23% from the previous season.

Listen to the podcast for more details.

Podcast production by Richard Humphries and Sam Mkokeli

My writing on agricultural economic matters is available on my blog:
https://wandilesihlobo.com/
30 Sep 2024 English South Africa Investing · Food

Other recent episodes

SA must work to diversify its agricultural export markets

South Africa was not spared of the "Liberation Day" tariffs announced by US President Trump against various countries. South Africa will face tariffs between 10% and 31% in the US for all products. The specificity of by-products is not yet clear. We know now that a baseline tariff of 10%…
7 Apr 12 min

SA summer crop harvest set to recover robustly in 2024-25

South Africa's agriculture is recovering after a challenging mid-summer drought that led to significant crop losses in the 2023-24 season. The Crop Estimates Committee (CEC) 's data released at the end of March 2025 paints an encouraging picture of this new season's summer crop production prospects. For example, the 2024-25…
29 Mar 12 min

There is rising optimism in South Africa’s agriculture

We have a challenging year like this one where there remains discomfort about the Expropriation Act in some sections of South Africa and rising geopolitical tensions; we were pleasantly surprised to see rising optimism in South Africa’s agriculture. The Agbiz/IDC Agribusiness Confidence Index (ACI) – a sentiment indicator in South…
24 Mar 11 min