Export snags leave South Africa wallowing in corn

Rail hiccups, the rejection of an export pool, and currency movements look set to leave South Africa with an "oversupply" of corn, even while much of the world clamours for the grain. Even allowing for yield losses to heavy rains, which prompted the United Nations food agency to warn of flood risks two weeks ago, South Africa looks set for a corn crop of 12.0m tonnes this year, a fourth

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