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Supply and Demand

Supply and Demand

The National Agricultural Marketing Council established the South African Supply and Demand Estimates Committee (SASDE) to provide an official supply and demand reporting mechanism, to enhance the statutory measures in terms of the Marketing of Agricultural Products Act (Act 47 of 1996). These measures are already in place and which requires exporters and importers of grains and oilseeds to declare imports and exports. This is aimed at bringing about transparency and price stability in the grain and oilseed markets of South Africa and consequently food security in the country.

Since its inception in May 2013, the monthly report for South African Supply and Demand Estimates of grain and oilseeds has developed into an extremely useful tool that provides credible, independent and valuable information that is very important to the functioning of the free market. It covers imports, exports and consumption and is arranged into supply, demand and stock levels.