The ripple effect of SA's maize crop shock

© Roman hraÅ¡ka – 123RF.com

The first harvest estimate for South Africa's maize and other summer grains points to a vastly smaller crop, potentially leading to food-price inflation that is likely to fuel overall inflation. This will hit the poorest consumers hardest. White maize is a staple food in South Africa, while yellow maize comprises more than 60% of the feed rations given to chickens, the country's cheapest source of protein.

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