Zimbabwe corn imports at 11-year high as GM ban lifted
by Bloomberg Feb 07, 2020
Zimbabwe’s weekly white corn imports from South Africa have risen to an 11-year high as food crisis worsens and after the government lifted a ban on purchase of genetically modified grain.
The country imported 16,114 tons of the variety of the grain in the week ended Jan. 31, the highest weekly amount since February 2009, according to the South African Grain Information Service. Parts of Zimbabwe have been hit by the worst drought in 40-years and at the same time the country is in the midst of an economic collapse, leaving some city dwellers unable to afford food.
The country has a supply gap of as much as 1 million tons for this season. South Africa mainly produces genetically modified corn.
While the shipment is a marked increase from previous weeks, Zimbabwe has imported just 66,524 tons of white corn from South Africa in the season that began April 27. That compares with 257,594 tons in the 2013-14 season and over 120,000 tons in 2016-17, the last times Zimbabwe had need for significant corn exports. In the 2008-2009 season it brought in over 500,000 tons from its southern neighbor.
Bloomberg
© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).
Similar Stories
December 2024 U.S. Transportation Sector Unemployment (4.3%) Was the Same As the December 2023 Level (4.3%) And Above the Pre-Pandemic December 2019 Level (2.8%)
View ArticleDP World appoints Jason Haith as Vice President of Freight Forwarding for U.S. and Mexico
DP World, a global leader in logistics and supply chain solutions, has announced the appointment of Jason Haith as Vice President, Commercial Freight Forwarding – U.S. and Mexico, effective immediately.…
View Article
Amaero secures final approval for $23.5M loan from Export-Import Bank
View ArticleU.S. Bureau of Labor Statistics employment situation
Total nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment trended up in…
View ArticleImport Cargo to remain elevated in January
A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen…
View ArticleS&P Global: 2025 U.S. transportation infrastructure sector should see generally steady demand and growth
S&P Global Ratings today said it expects activity in the U.S. transportation sector will continue to normalize in 2025, with growth rates for most modes of transportation slowing to levels…
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
