SA's 2015 wheat crop down 18% over drought

An investigative panel has rejected a contested French study that linked genetically-modified corn to cancer in rats. (Orlin Wagner, AP)
An investigative panel has rejected a contested French study that linked genetically-modified corn to cancer in rats. (Orlin Wagner, AP)

Johannesburg - South Africa's 2015 winter wheat crop fell 18 percent from the previous year to 1.44 million tonnes because of drought, the government's Crop Estimates Committee said on Thursday in its final assessment of the harvest.

South Africa typically imports about half of the wheat it consumes but industry group Grain SA has estimated it will need to import 2 million tonnes or around 60 percent of its needs in this marketing year which ends on September 30.

ZAR/USD
16.78
(+0.13)
ZAR/GBP
21.16
(+0.24)
ZAR/EUR
18.98
(+0.11)
ZAR/AUD
11.69
(-0.08)
ZAR/JPY
0.16
(+0.27)
Gold
1805.50
(+0.32)
Silver
19.05
(+1.57)
Platinum
837.00
(+1.63)
Brent Crude
43.02
(0.00)
Palladium
1978.01
(+1.36)
All Share
55881.56
(+0.84)
Top 40
51569.42
(+0.81)
Financial 15
10607.52
(+1.29)
Industrial 25
76440.13
(+0.40)
Resource 10
53123.99
(+1.22)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
I'm not really directly affected
18% - 1977 votes
I am taking a hit, but should be able to recover in the next year
23% - 2590 votes
My finances have been devastated
34% - 3850 votes
It's still too early to know what the full effect will be
25% - 2768 votes
Vote