The Forum

20 November 2020

Nico Hawkins General Manager White Maize White Maize: Supply & Demand (National vs. International) (Marketing season)

SAGIS NAMC International (USDA) May - Apr Sep - Aug White Maize Final Projection Estimate Projection 2019/20 2020/21 2019/20 2020/21 '000t '000t Mt Mt Opening stocks 1 799.0 473.9 Producer Deliveries 5 442.5 8 476.3 Not Not Imports 0.0 0.0 available available Total use (Local) 5 480.2 (a) 6 695.5 (a) Exports 1 275.4 1 050.0 Closing stocks 473.9 (b) 1 207.5 (b) (a) Including producer w ithdraw als and end-users (b) All stocks, regardless ow nership thereof, in commercial structures Sources: SAGIS, NAMC: S&DEC, USDA White Maize: Production & Producer Deliveries CEC Estimates, Yield, Ha & SAGIS Deliveries

TOTAL MAIZE: CEC ESTIMATES, YIELD, HA & SAGIS DELIVERIES Ton CEC (Crop Est.) SAGIS (Prod del) CEC (Ha) CEC (Yield) Yield 18 000 000 7.0 S&DEC

16 000 000 6.0

14 000 000 5.0 12 000 000

10 000 000 4.0

8 000 000 3.0

6 000 000 2.0 4 000 000

1.0 2 000 000

0 0.0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. May May-Sep- 6 Nov White Maize: Raw material: Imports & Exports (2020/21 Progr. 1 May – 6 Nov ‘20)

WHITE MAIZE: IMPORTS & EXPORTS Ton Imports Exports S&DEC 1 950 000 1 800 000 1 650 000 1 500 000 1 350 000 1 200 000 1 050 000 900 000 750 000 600 000 450 000 300 000 150 000 0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. MayMay-Sep - 6 Nov White Maize: Exports Raw material Major Destinations (2020/21 Progr. 1 May – 6 Nov ‘20)

Ethiopia Lesotho 3.8% Eswatini 7.5% 4.2% Nambia 3.9% 24.2%

Mozambique 15.6%

Italy Zimbabwe 9.1% 31.7%

Progr. Total: 532 362 ton White Maize: RSA Consumption

WHITE MAIZE: RSA CONSUMPTION Ton Human Animal/industrial S&DEC 6 000 000

5 000 000

4 000 000

3 000 000

2 000 000

1 000 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. May-Sep White Maize: Opening & Ending Stocks

WHITE MAIZE: OPENING & ENDING STOCKS Ton Opening stock Ending Stock S&DEC 6 000 000

5 000 000

4 000 000

3 000 000

2 000 000

1 000 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. May-Sep White Maize: Supply & Demand: 20/21 Marketing Year Progr. 1 May – 30 Sep ‘20

White Maize: Current Season Ton 1 May - 30 September 2020 10 000 000 8 476 310 0 6 661 500 1 050 000 S&DEC S&DEC 9 000 000 S&DEC S&DEC Prod Del Imports Processed Exports 8 746 310 8 000 000 7 930 958 7 000 000 Until 6 Nov 6 000 000

5 000 000

4 000 000

3 000 000 2 721 835 2 000 000 Until 1 000 000 6 Nov 0 532 362 0 CEC (Crop Est.) SAGIS (Prod Del) Imports Processed Exports White Maize: Milled for product exports

WHITE MAIZE: MILLED FOR PRODUCT EXPORTS Ton African Countries Other Countries 250 000

200 000

150 000

100 000

50 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 Progr. May-Sep Yellow Maize Yellow Maize: Supply & Demand (National vs. International) (Marketing season)

SAGIS NAMC International (USDA) May - Apr Sep - Aug Yellow Maize Final Projection Estimate Projection 2019/20 2020/21 2019/20 2020/21 '000t '000t Mt Mt Opening stocks 864.1 526.6 319.8 304.2 Producer Deliveries 5 444.6 6 273.9 1 116.3 1 158.8 Imports 509.7 0.0 167.1 177.8 Total use (Local) 5 785.5 (a) 4 732.5 (a) 1 128.4 1 155.9 Exports 534.1 1 400.0 170.6 184.5 Closing stocks 526.6 (b) 679.5 (b) 304.2 300.5 (a) Including producer w ithdraw als and end-users (b) All stocks, regardless ow nership thereof, in commercial structures Sources: SAGIS, NAMC: S&DEC, USDA Yellow Maize: Production & Producer Deliveries CEC Estimates, Yield, Ha & SAGIS Deliveries

YELLOW MAIZE: CEC ESTIMATE, YIELD, HA & SAGIS DELIVERIES Ton CEC (Crop Est.) SAGIS (Prod Del) CEC (Ha) CEC (Yield) Yield 8 000 000 8.00 S&DEC

7 000 000 7.00

6 000 000 6.00

5 000 000 5.00

4 000 000 4.00

3 000 000 3.00

2 000 000 2.00

1 000 000 1.00

0 0.00 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. MayMay-Sep - 6 Nov Yellow Maize: Raw Material: Imports & Exports (2020/21 Progr. 1 May – 6 Nov ‘20)

YELLOW MAIZE: IMPORTS & EXPORTS Imports Exports Ton S&DEC 2 000 000

1 800 000

1 600 000

1 400 000

1 200 000

1 000 000

800 000

600 000

400 000

200 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. May May-Sep- 6 Nov Yellow Maize: Exports Raw material Major destinations (2020/21 Progr. 1 May – 6 Oct ‘20)

Other 8.0% Eswatini Japan 5.1% 13.2% Zimbabwe 4.9%

Korea, Dem Taiwan 31.5% 28.0%

Mozambique 11.2% Progr. Total: 1 153 550 ton Yellow Maize: RSA Consumption

YELLOW MAIZE: RSA CONSUMPTION Ton Human Animal/industrial S&DEC 6 000 000

5 000 000

4 000 000

3 000 000

2 000 000

1 000 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. May-Sep Yellow Maize: Opening & Ending Stocks

YELLOW MAIZE: OPENING & ENDING STOCKS Ton Opening stock Ending Stock S&DEC 3 500 000

3 000 000

2 500 000

2 000 000

1 500 000

1 000 000

500 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. May-Sep Yellow Maize: Supply & Demand: 2020/21 Marketing Year (2020/21 Progr. 1 May – 30 Sep ‘20)

Yellow Maize: Current Season Ton 1 May - 30 September 2020 8 000 000 6 273 910 0 4 607 500 1 400 000 S&DEC S&DEC S&DEC S&DEC 7 000 000 Prod Del Imports Processed Exports 6 673 910 6 000 000 5 929 742

5 000 000 Until 6 Nov

4 000 000

3 000 000 2 047 812 2 000 000 1 153 550 1 000 000 Until 6 Nov 0 0 CEC (Crop Est.) SAGIS (Prod Del) Imports Processed Exports Yellow Maize: Milled for product Exports

YELLOW MAIZE: MILLED FOR PRODUCT EXPORTS Ton African Countries Other Countries 120 000

100 000

80 000

60 000

40 000

20 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 Progr. May-Sep Total Maize Total Maize: Supply & Demand (National vs. International) (Marketing season)

SAGIS NAMC International (USDA) May - Apr Sep - Aug Total Maize Final Projection Estimate Projection 2019/20 2020/21 2019/20 2020/21 '000t '000t Mt Mt Opening stocks 2 663.1 1 000.6 319.8 304.2 Producer Deliveries 10 887.1 14 750.2 1 116.3 1 158.8 Imports 509.7 0.0 167.1 177.8 Total use (Local) 11 265.7 (a) 11 428.0 (a) 1 128.4 1 155.9 Exports 1 809.5 2 450.0 170.6 184.5 Closing stocks 1 000.6 (b) 1 887.1 (b) 304.2 300.5 (a) Including producer w ithdraw als and end-users (b) All stocks, regardless ow nership thereof, in commercial structures Sources: SAGIS, NAMC: S&DEC, USDA Total Maize: Production & Producer Deliveries CEC Estimates, Yield, Ha & SAGIS Deliveries

TOTAL MAIZE: CEC ESTIMATES, YIELD, HA & SAGIS DELIVERIES Ton CEC (Crop Est.) SAGIS (Prod del) CEC (Ha) CEC (Yield) Yield 18 000 000 7.0 S&DEC

16 000 000 6.0

14 000 000 5.0 12 000 000

10 000 000 4.0

8 000 000 3.0

6 000 000 2.0 4 000 000

1.0 2 000 000

0 0.0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. May May-Sep- 6 Nov Total Maize: Imports & Exports: Raw material (2020/21 Progr. 1 May – 6 Nov ‘20) TOTAL MAIZE: IMPORTS & EXPORTS Ton Total Imports Exports S&DEC 2 850 000 2 700 000 2 550 000 2 400 000 2 250 000 2 100 000 1 950 000 1 800 000 1 650 000 1 500 000 1 350 000 1 200 000 1 050 000 900 000 750 000 600 000 450 000 300 000 150 000 0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. MayMay-Sep - 6 Nov Total Maize: RSA Consumption

Ton TOTAL Human MAIZE: RSA CONSUMPTION Animal/industrial S&DEC 7 000 000

6 000 000

5 000 000

4 000 000

3 000 000

2 000 000

1 000 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. May-Sep Total Maize: Opening & Ending Stocks

TOTAL MAIZE: OPENING & ENDING STOCKS Ton Opening stock Ending Stock S&DEC 9 000 000

8 000 000

7 000 000

6 000 000

5 000 000

4 000 000

3 000 000

2 000 000

1 000 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 20/21 Progr. Proj. May-Sep Total Maize: Supply & Demand: 2020/21 Marketing Year (2020/21 Progr. 1 May – 30 Sep ‘20)

Total Maize: Current Season Ton 1 May - 30 September 2020 18 000 000 14 750 220 0 11 269 000 2 450 000 S&DEC S&DEC S&DEC 16 000 000 15 420 220 S&DEC Prod Del Imports Processed Exports

14 000 000 13 860 700 Until 12 000 000 6 Nov

10 000 000

8 000 000

6 000 000 4 769 647 4 000 000

2 000 000 1 685 912 Until 0 6 Nov 0 CEC (Crop Est.) SAGIS (Prod del) Total Imports Processed Exports Total Maize: Milled for product exports

TOTAL MAIZE: Milled for product exports Ton African Countries Other Countries 350 000

300 000

250 000

200 000

150 000

100 000

50 000

0 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 Progr. May-Sep Price Movements FOB: Maize World Prices

Maize World Prices - US NO3 YELLOW GULF (FOB) - US $/ton 400

350

300

250

200

150

100

50

0

2009-04-01 2009-10-01 2010-04-01 2011-10-01 2012-04-01 2013-10-01 2014-04-01 2015-10-01 2016-04-01 2017-10-01 2018-04-01 2019-10-01 2020-04-01 2008-10-01 2010-10-01 2011-04-01 2012-10-01 2013-04-01 2014-10-01 2015-04-01 2016-10-01 2017-04-01 2018-10-01 2019-04-01 2020-10-01 Price Movements: Comparison JSE Commodities

2020/11/11 2020/10/12 2019/11/11 Price % Month Price % Year Price R/Ton on Month R/Ton on Year R/Ton Future prices for March 2021 Yellow Maize 3418.00 -0.47 3434.00 30.11 2627.00 White Maize 3469.00 0.03 3468.00 30.76 2653.00 Future prices for May 2021 Yellow Maize 3080.00 0.26 3072.00 17.78 2615.00 White Maize 3025.00 -2.95 3117.00 15.02 2630.00 Source: SAFEX Price Movements: Comparison CBOT

2020/11/11 2020/10/12 2019/11/11 Price % Month Price % Year Price $/Ton on Month R/Ton on Year R/Ton US NO 3 Yellow Maize March '21 168.10 7.67 156.13 11.78 150.39 May '21 169.76 7.64 157.71 10.96 152.99 Source: CBOT Indicative import parity prices

USA Gulf Argentine 2020/11/10 (no.3Y) Up River Dec '20 Nov '20 $ / t $ / t International FOB prices 224.00 227.00 Freight Rates 30.00 22.00 Insurance (0.3% of FOB) 0.67 0.68 1 COST, INSURANCE AND FREIGHT (CIF) $/t 254.67 249.68 Converted to R/t R/$ Exchange rate on: 2020/11/10 15.4308 15.4308 R / t R / t 2 COST, INSURANCE AND FREIGHT (CIF) R/t 3929.76 3852.76 Financing cost 22.61 22.17 3 COST, INSURANCE, FREIGHT AND FINANCING R/t 3952.37 3874.93 Discharging cost: - Cape Tow n 212.55 212.55 - Durban 202.93 202.93 Import Tariff 0.00 0.00 4 FREE ON RAIL (FOR) R/t - Cape Tow n 4164.92 4087.48 - Durban 4155.30 4077.86 Railage cost - Durban to Randfontein 517.52 517.52 5 DELIVERED - Durban to Randfontein R/t 4672.82 4595.38 6 SAFEX Randfontein (2019/11/12) 3758.60 3548.27 Indicative export parity prices

US No3Y Maize/ Mielies 2020/11/10 Gulf/Golf (b) Dec '20 FOB Gulf value ($/t) 224.00 Difference in quality and locality of SA Maize: Plus US$10 ($/t) 10.00 Groundnuts: Less 3,5% of fob value SA fob price ($/t) 234.00 R/$ Exchange rate on: 2020/11/10 15.4308 FOB Gulf value (R/t) 3610.81 Marketing costs: Financing (Prime rate 10.50% - 30 days) (R/t) 20.77 Railage: Randfontein – Durban harbour 517.52 Loading costs: (R/t) Durban Harbour (Mainly spout method) 207.60 EXPORT REALISATION: (R/t) Randfontein 2864.92 SAFEX Randfontein (2019/11/12) 3241.08 Source: IGC SARS FOB Prices: Imports Previous years: May – April 2020/21: Progr. May – Sep ‘20

Progr. 1005.90.90 Maize Other 2019/20 2018/19 2020/21 1005.90.10 Maize Kernels (May - Apr) (May - Apr) May - Sep '20

Quantity 361 491 427 174 877 Imports (Ton)

Total value of FOB value 1 209 1 257 565 437 350 imports (R'000)

Value per ton R/Ton 3 349 2 559 2 501

Source: SARS SARS FOB Prices: Exports Previous years: May – April 2020/21: Progr. May – Sep ‘20

Progr. 1005.90.90 Maize Other 2019/20 2018/19 2020/21 1005.90.10 Maize Kernels (May - Apr) (May - Apr) May - Sep '20

Quantity 1 465 709 1 366 569 2 017 278 Exports (Ton)

Total value of FOB value 4 846 570 4 705 816 5 407 024 imports (R'000)

Value per ton R/Ton 3 307 3 444 2 680

Source: SARS Imports: SARS FOB Prices (2020/21 Progr. May – Sep ‘20)

FOB value Country Ton Rand/ton R'000 Argentina 0.500 16.22 32 448.00 Belgium 14.500 156.00 10 758.28 Botswana 0.005 0.04 8 000.00 Chile 0.147 4.49 30 523.10 Eswatini 53.135 97.25 1 830.16 Lesotho 101.570 352.82 3 473.68 Ghana 1.990 12.39 6 228.14 Hungary 0.100 3.44 34 360.00 Indonesia 0.001 0.09 77 500.00 Lesotho 0.702 1.18 1 684.96 Lithuania 0.023 0.02 835.53 Poland 0.075 0.23 3 093.33 Turkey 0.250 7.11 28 420.00 United Kingdom 0.005 3.01 608 484.85 United States 0.461 49.95 108 283.47 Unknown 187.483 504.85 2 692.78 0.055 0.59 10 688.41 Total 361.002 1 209.68 3 350.90 Progr. May - Sep '20 Source: SARS Exports: SARS FOB Prices FOB value Rand (2020/21 Progr. May – Sep ‘20) Country Ton R'000 per ton Exports Tariff line 1005.90.90 Maize - Other including: Namibia 39 536.522 116 650.55 2 950.45 Tariff line 1005.90.10 Maize - Dried Kernels Nepal 125.000 1 267.31 10 138.48 FOB value Rand Netherlands 602.000 6 197.21 10 294.37 Country Ton R'000 per ton New Zealand 14.029 251.93 17 957.78 Angola 478.000 2 212.50 4 628.66 Nigeria 106.675 1 090.69 10 224.40 Australia 20.074 235.61 11 736.84 Poland 24.000 237.34 9 889.00 Benin 286.000 2 720.70 9 512.93 Russian Federation 50.032 467.61 9 346.20 Botswana 136 299.553 367 423.97 2 695.71 Saudi Arabia 613.330 3 506.32 5 716.85 Brazil 51.160 472.40 9 233.68 Singapore 534.002 2 424.75 4 540.71 Cameroon 62.760 439.11 6 996.65 Sri Lanka 256.325 2 505.29 9 773.90 China 37.080 466.08 12 569.61 Syrian Arab Republic 50.000 768.65 15 372.92 Congo Dem Rep Of 46.204 759.98 16 448.47 Taiwan, Prov of China 267 161.977 825 108.31 3 088.42 Cote D Ivoire 1 951.027 17 063.33 8 745.82 Tanzania 2.383 108.75 45 639.36 Djibouti 234.000 1 929.93 8 247.57 Thailand 1 593.358 17 898.28 11 233.05 Estonia 156.000 1 687.95 10 820.17 Togo 571.000 5 595.46 9 799.40 Eswatini 72 731.060 197 786.56 2 719.42 Turkey 728.000 6 768.51 9 297.41 France 1 306.295 8 266.07 6 327.87 United Arab Emirates 4 030.625 35 972.44 8 924.78 Gambia 78.000 768.21 9 848.85 United Kingdom 169.893 1 670.79 9 834.36 Ghana 154.791 1 468.14 9 484.65 United States 2.294 50.41 21 971.07 Guinea 2.500 155.80 62 318.00 Unknown 172.677 1 334.80 7 730.05 India 5 709.060 47 937.03 8 396.66 Vietnam 140 130.106 430 229.62 3 070.22 Indonesia 52.000 521.86 10 035.83 Zambia 85.910 704.70 8 202.72 Iraq 26.000 262.37 10 090.96 Zimbabwe 169 251.315 749 121.46 4 426.09 Japan 100 183.203 321 941.59 3 213.53 Total 1 465 709.029 4 846 569.88 3 306.64 Kenya 26 412.143 97 270.97 3 682.81 Progr. May - Sep '20 Korea, Rep Of 373 492.047 1 217 810.95 3 260.61 Source: SARS Lebanon 100.000 857.01 8 570.14 Lesotho 38 854.457 101 231.41 2 605.40 Liberia 78.000 742.29 9 516.56 Malawi 796.038 3 156.80 3 965.64 Malaysia 473.799 4 834.69 10 204.08 Mauritius 3.949 189.47 47 978.48 Mozambique 79 822.377 236 025.98 2 956.89 Transport Component Transport component Maize Transport component Maize and Wheat Maize Products Maize Products Manufactured

Progr. Oct '19 - Sep '20 % of Total Sep '20 Maize Products (12 months) (12 months) White Yellow Total White Yellow Total White Yellow Total Manufactured maize maize Maize maize maize Maize maize maize Maize Ton Maize Chop 159 626 18 465 178 091 1 753 757 190 913 1 944 670 32.8 29.6 32.5 Maize Rice 617 * 617 8 201 * 8 201 0.2 * 0.1 Maize 5 735 * 5 735 62 592 * 62 592 1.2 * 1.0 Samp 10 629 * 10 629 119 842 * 119 842 2.2 * 2.0 * Total Yellow Maize Rice / 25 536 25 536 0 296 848 296 848 0.0 46.1 5.0 Maize Grits / Samp Sifted Maize Meal 2 682 3 417 6 099 22 409 36 209 58 618 0.4 5.6 1.0 Special Maize Meal 25 892 368 26 260 355 019 4 507 359 526 6.6 0.7 6.0 Super Maize Meal 244 566 1 339 245 905 2 895 115 26 041 2 921 156 54.1 4.0 48.8 Unsifted Maize Meal 1 037 0 1 037 13 001 7 13 008 0.2 0.0 0.2 Other maize products intended for Human consumption 8 982 8 942 17 924 116 818 89 886 206 704 2.2 13.9 3.5 Total 459 766 58 067 517 833 5 346 754 644 411 5 991 165 100 100 100

Whole maize milled 461 373 63 127 524 500 5 312 393 706 246 6 018 639

Diff milled and products 1 607 5 060 6 667 -34 361 61 835 27 474

% Chop 35 32 34 33 30 32 Note: The product figures do not include industrial products Maize Products Imported per month (12 month period)

Sep '20 Progr. Oct '19 - Sep '20 % of Total Maize Products (12 months) (12 months) Imported Ton White Yellow Total White Yellow Total White Yellow Total Maize Maize Maize Maize Maize Maize Maize Maize Maize Maize Chop 531 0 531 11 410 0 11 410 72 0 72 Maize Rice 0 * 0 0 * 0 0 * 0 Maize Grits 0 * 0 0 * 0 0 * 0 Samp 0 * 0 0 * 0 0 * 0 * Total Yellow Maize Rice / 0 0 0 0 0 0 0 0 Maize Grits / Samp Sifted Maize Meal 362 0 362 4 423 0 4 423 28 0 28 Special Maize Meal 0 0 0 0 0 0 0 0 0 Super Maize Meal 0 0 0 0 0 0 0 0 0 Unsifted Maize Meal 0 0 0 0 0 0 0 0 0 Other maize products intended for Human consumption 0 0 0 0 0 0 0 0 0 Total 893 0 893 15 833 0 15 833 100 0 100 * Included total for yellow rice, grits and samp Maize Products Exported per month (12 month period) Progr. Oct '19 - Sep '20 % of Total Sep '20 (12 months) (12 months) Maize Products Ton Exported White Yellow Total White Yellow Total White Yellow Total Maize Maize Maize Maize Maize Maize Maize Maize Maize Maize Chop 94 0 94 852 0 852 0 0 0 Maize Rice 0 * 0 73 * 73 0 * 0 Maize Grits 0 * 0 253 * 253 0 * 0 Samp 153 * 153 1 310 * 1 310 1 * 1 * Total Yellow Maize Rice / Maize Grits / Samp 3 406 3 406 0 18 423 18 423 0 45 9 Sifted Maize Meal 0 0 0 0 13 646 13 646 0 33 6 Special Maize Meal 1 222 0 1 222 38 941 383 39 324 Super Maize Meal 5 873 327 6 200 97 940 8 032 105 972 57 19 50 Unsifted Maize Meal 0 0 0 580 0 580 0 0 0 Other maize products intended for Human 950 0 950 32 729 858 33 587 19 2 16 consumption Total 8 292 3 733 12 025 172 678 41 342 214 020 77 99 82 White Maize Products White Maize Meal Products (May - Sep '20) 5 Months Progr. May – Sep ‘20 (5 months) Special 130 246 8.4% Sifted 9 298 Super 0.6% 1 273 291 82.5% Unsifted 5 345 0.3% Other 125 447 8.1% White Maize Meal Products (Oct '19 - Sep '20) Total Human Consumption: 1 543 627 Progr: 12 months

Special 355 019 9.9% Sifted 22 409 0.6% Super 2 895 115 Oct ‘19 – Sep ‘20 (12 months) Unsifted 80.6% 13 001 0.4% Other 307 453 8.6%

Total Human Consumption (Ton): 3 592 997 Yellow Maize Products Yellow Maize Meal Products (May - Sep '20) 5 Months Sifted 16 445 8.1% Progr. May – Sep ‘20 (5 months)

Other 42 971 21.1% Rice/Grits/Samp 131 861 Special 64.8% 2 102 1.0% Super 10 026 4.9%

Total Human Consumption: 203 405 Yellow Maize Meal Products (Oct '19 - Sep '20) Progr: 12 months Sifted 36 209 8.0%

Oct ‘19 – Sep ‘20 (12 months) Rice/Grits/ Other Samp 89 893 296 848 19.8% 65.5% Special 4 507 1.0% Super 26 041 5.7%

Total Human Consumption (Ton): 453 498 Maize Products: Consumption Progr. Oct ‘19 – Sep ‘20 (12 months)

Total Maize Total Wheat Total Oilseeds Per capita consumption products products products 12 months (Aug '19 - Sep '20) Manufactured 4 046 495 3 446 596 2 160 765 + Imports 4 423 33 089 1 270 165 - Exports -213 168 -30 681 -75 293 Total "consumed" 3 837 750 3 449 004 3 355 637 Total population 58 775 000 58 775 000 58 775 000 Per capita consumption (Kg) 65.30 58.68 57.09 Note: Maize = Total less chop White Maize Products: Historic Info 1949/50 – 2019/20 Maize products Historic Information Sifted WM Meal Special WM Meal Super WM Meal Unsifted WM Meal Total WM Meal Ton 3 500 000

3 131 389

3 000 000 2 807 213

2 725 436 2 500 000 2 125 000 2 181 000 2 149 000

2 275 099 2 000 000

1 500 000

900 000 968 000 1 000 000 617 000

401 344 500 000 371 313

22 100 12 290 12 540

0

1975/76 1976/77 1977/78 1978/79 1979/80 1980/81 1982/83 1983/84 1984/85 1985/86 1986/87 1987/88 1989/90 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2018/19 2019/20 1981/82 1988/89 2010/11 2017/18 Maize vs Wheat whole grain per capita: Historic Info 1970/71 – 2019/20

Per Capita Consumption Maize Whole Grain Wheat Whole Grain 160 kg/head

140 135 131

120

100 92 89 80 80

77 60 59 55 59 52 40

20

0

2019/20

1970/71 1972/73 1974/75 1976/77 1978/79 1980/81 1984/85 1986/87 1988/89 1990/91 1992/93 1994/95 1996/97 1998/99 2000/01 2004/05 2006/07 2008/09 2010/11 2012/13 2014/15 2016/17 2018/19 1982/83 2002/03 Maize products: Year on year price changes

September

2020 % Year 2019 % Year 2018 Price on Price on Price R Year R Year R Super Maize 5kg 44.88 5.82 42.41 16.86 36.29 Special Maize 2.5kg 22.55 4.45 21.59 23.37 17.50 *White Maize Safex 3 273.29 17.99 2 774.25 16.65 2 378.32 * Average spot price Source: SA Statistics & JSE Safex Maize Products: Prices Maize Products: Index Maize General Co-workers : Whole Grain

Storers 32 End consumers 6% 33 7%

Processors Traders 346 73 69% 15% Harbour silo owners 16 3% Total firms: 500 Co-workers : Products

Products: Import / Export Milling Industry 5 178 3% 97%

Total firms: 183 Board of Directors As from 23 July 2020 The Maize Industry is represented by:

Chairperson Director Alternate Director Dr JL Purchase Mr Z Ngejane Mr BC Schoonwinkel

Dr Erhard Briedenhann Ms Mariana Purnell Oil & Protein Seeds Dev. Trust Winter Cereal Trust (Vice-Chairperson) Vice-Chairperson Gratitude

The following parties makes it possible for SAGIS to fulfil our commitments: . The Maize Trust . The Maize Forum . Relevant Associations . Board of Directors . Co-workers . Staff

Thank you