Friday, November 6, 2015

South Africa yellow maize scales 2015 high as drought fears mount | Top News | Reuters

South Africa yellow maize scales 2015 high as drought fears mount | Top News | Reuters: "JOHANNESBURG (Reuters) - South African prices for yellow maize, used mostly for animal feed, scaled their highest peaks in 2015 on Monday as drought concerns mounted, fueling food price pressures in Africa's most advanced economy.

Another poor maize harvest would have serious implications for Africa's most advanced economy as it would pressure food prices and inflation and so could influence the timing of rate hikes by the central bank, which is in a tightening cycle."



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