Farms.com Home   News

Zambia: Zambia Corn Availability Appears Sufficient Despite Lower Production

Despite lower production in marketing year (MY) 2022/23, Zambia’s production of its staple crop, corn, will be sufficient to meet domestic demand. Zambia’s corn crop is forecast to decline by 25 percent to 2.7 million metric tons (MMT) in MY 2022/23, after producing a record crop 3.6 MMT in MY 2021/22. Over the past 20 years, Zambia more than doubled corn production through a combination of increased area and productivity, turning the country into a net exporter of corn. Despite the decline in production, Post estimates that Zambia could export about 700,000 MT of corn in MY 2022/23 on record carry-over stocks from the previous marketing year. The Zambian government assured traders that the country will comply with regional and international trade protocols and avoid export restrictions in MY 2022/23.

Source : usda.gov

Trending Video

2026 USDA Acreage Fireworks Next Week? + RVO’s Old new

Video: 2026 USDA Acreage Fireworks Next Week? + RVO’s Old news


Next week’s USDA reports (acreage/stocks) could be a surprise/market moving. RVO’s (new blending biofuel requirements) were as expected with no big surprises and already baked into futures. E15 summer waiver just simply good optics. Markets are skeptical that the war in Iran ends soon with no diplomatic off ramp. The Trump/Xi meeting in China now May 14 – 15. March 1 USDA hogs and Pigs report was friendly/bullish + CFTC and more.