South Africa Raises Wheat Import Duties
South Africa recently imposed a $9.70 per metric ton import duty on wheat, ending more than three years of duty-free wheat imports in South Africa, the USDA Foreign Agicultural Service said in a report this week. The duties were triggered…
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by falling global wheat prices and a 7% drop in “wheat planted area for marketing year 2024/25,” the agency said, which “represents the smallest wheat area the past seven years in South Africa.” USDA is expecting the country’s wheat imports in marketing year 2024-25 to remain steady at about 2 million metric tons.