South Africa projected to harvest more than 12-million tonnes of maize in 2018.

Farmers will likely harvest 12.42-million tonnes of maize in 2018, which is nearly 2% higher than the last estimate, released in February. Still, the maize harvest will be 26% smaller than the 2017 crop, which was the highest ever produced in SA at 16.82-million tonnes. Grain prices have been relatively stable of late, after falling sharply in 2017 as a result of the bumper harvest and a stronger rand.