Agri­cul­tural fu­tures

The Star Early Edition - - MARKETS -

SOUTH Africa had is­sued per­mits to al­low to­tal im­ports of 1.3 mil­lion tons of ge­net­i­cally mod­i­fied (GM) maize from the US since al­low­ing en­try of the grain for the first time in De­cem­ber af­ter the worst drought since records be­gan in 1904, the SA De­part­ment of Agri­cul­ture, Forestry and Fish­eries, said on Wed­nes­day.

There had been 15 per­mits is­sued for GM maize, Makenosi Ma­roo, a spokes­woman for the de­part­ment, said in re­sponse to ques­tions.

The coun­try be­came a net im­porter of maize for the first time since 2008 in the mar­ket­ing sea­son that ended in April, af­ter the drought slashed lo­cal har­vests. – Bloomberg

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.