Banana prices stayed on a relatively high level the past week with the average price on R9.01 last week. The banana price usually decrease during the winter months due to volumes trending upward. I however think that we can see slightly higher prices on the markets over the next two weeks due to higher expected demand. The class 1 large …
We had a full weeks of trading on the markets last week which resulted in the total volumes traded to increase again back to normal levels. With this, there was also lower middle month demand on the markets, which resulted in most prices to decrease. The latest potato price traded 12% lower on R53.43 per 10kg bag while the average …
In the grain market, the White Maize spot price fell week on week to R3500 while the July price fell to R3467. The yellow maize spot price decreased to R3605 while the July price decreased to R3635 per tonne. Good news is that it looks like prices may be starting to find support near these levels after all the downward …
As expected, the lower demand again put pressure on beef prices. The average weaner calf price now trade at R34.13 per kilogram, which is 1.5% lower than the previous week. I think the prices may remain sideways for the next month and possibly start to rise from mid-May as the supply should decrease. But with that said, there is already …
Banana prices recovered last week due to good demand with the average price on R9.14 last week. Last year from April to September we saw prices decreasing due to volumes trending upward and peaking in September. I think we can see a similar trend this year, but prices can stay slightly higher due to damage to the Mozambique crop. The …
Last week was a shorter week for the markets due to the holidays and resulted in lower volumes being traded across the board. We also experienced high demand over this period, supporting most market prices. The latest potato price traded 12% higher on R60.89 per 10kg bag while the average Sifra price increased to R63.97. The class 1 medium Mondial …
In the grain market, the White Maize spot price fell week on week to R3767 while the July price fell to R3669. The yellow maize spot price decreased to R3816 while the July price decreased to R3852 per tonne. There is fairly favourable weather for planting in many parts of the US, but the northern parts are still slower with …
Consumer demand remain under pressure and there is sure to be a shift in spending patterns which has very interesting effects on demand and therefore also the prices for different products. However, we saw that better demand ahead of the Easter weekend pushed beef prices higher with weaner prices also responding positively. The average weaner price now trading at R34.67 …
Banana prices stayed in an upward trend the last 6 months and traded on an average price of R9.46 per kilogram during March. However we have seen higher volumes coming into the markets resulting in the price to decrease to R8.12 last week. Last year from April to September we saw prices decreasing due to volumes trending upward and peaking …
Since October last year the potato price trended upward due to erratic production conditions resulting in lower production levels over this period. However, higher supplies to the markets in March resulted in lower prices again. We expect higher volumes to keep prices on a downward trend during April and the start of the winter with the lowest average price likely …
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