Crop Yield Forecasting
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SAGIS releases the following information:<br />
• Monthly Bulletin (MB): This contains one page per commodity with stocks,<br />
producer deliveries, imports, exports and consumption. This is released towards the<br />
end of each month, usually one day before the CEC meetings, in English, Afrikaans,<br />
Tswana and Zulu.<br />
• Weekly Bulletin (WB): This features a collection of local and international information<br />
such as prices, stocks, import parity prices, economic indicators, the food prices of<br />
Statistics SA, and weather conditions. The WB is usually released on the SAGIS<br />
website by the second working day of every week.<br />
• Weekly imports and exports (maize and wheat): This is usually released on the<br />
SAGIS website by the second working day of every week.<br />
• Weekly producer deliveries (maize and wheat): This is usually released on the<br />
SAGIS website by the third working day of every week, per grade for maize and in<br />
total for wheat.<br />
SAGIS’s information is not only used locally for strategic decisions regarding planting<br />
intentions, marketing and stocks, but also internationally, by the International Grains Council<br />
and by other southern African trade partner countries. Furthermore, as already mentioned,<br />
SAGIS’s data on producer deliveries are used in reconciling CEC estimates after the end of<br />
the production season.<br />
Confidentiality<br />
All CEC members are required to sign a confidentiality clause, in which they commit to not<br />
disclose to outside parties any of the information received by the CEC from individual input<br />
providers, and to disclose the official crop estimate only after 15:30 on the day of the CEC<br />
meeting.<br />
Similar to the confidentiality restrictions on CEC members, SAGIS parties are also not allowed<br />
to have any vested interests and must be independent from any party that submits information.<br />
SAGIS must collect information from all the parties that are required by statute to register<br />
with SAGIS. All information received must be processed and evaluated for correctness and<br />
relevancy to ensure the reliability and trustworthiness of the information. Both SAGIS and<br />
the CEC members are obliged to treat individuals’ information confidentially and to release<br />
information only as agreed pursuant to consultation with industry stakeholders.<br />
1.4. How do these different forecasts compare? Purpose, coverage,<br />
scale and harmonization issues and accuracy<br />
Although SAGIS was created in 1997, some stakeholders still erroneously believe that SAGIS<br />
calculates crop estimates. Officially, the CEC produces forecasts during the season and<br />
estimates after the season for the total commercially produced crop, irrespective of weather,<br />
including:<br />
• The producer-retained portion on his/her own farm, for animal feed or human<br />
consumption;<br />
118<br />
<strong>Crop</strong> <strong>Yield</strong> <strong>Forecasting</strong>: Methodological and Institutional Aspects