In the fruit markets, the banana price, which is in a downward trend at the moment, decreased to R6.15 the past week. The large hand variety price on Nile.ag moved sideways, trading on R150 per 10kg box. We are expecting this price to stay on a lower level from June to September of this year. Apple prices decreased to R8.05 …
Looking at the vegetable market at the moment, demand improved on the markets which caused most prices to increase or at least stabilize. Potato prices increased to R63.34 per 10kg bag, 4% higher week on week. The average Mondial price traded on R63.84 last week while class 1 medium Mondial’s traded between R62 and R67 per 10kg. During May we …
The white maize spot price increased to R3678, while the July price rose to R3706. The yellow maize spot price rose to R3780, with the July price reaching R3833 per ton. The soybean spot price increased week on week to R7815, with the July price currently at R7920 per ton. However, the sunflower spot price decreased to R8230, while the …
Last week, the average weaner calf price moved below the R30 mark for the first time since July 2020, trading at R29.82 per kilogram. However, lighter calves can still fetch up to R32 in the market, and prices depend on quality, demand, and weight. Nevertheless, I still believe that we are nearing a low point, and given the increased input …
In the fruit markets we are also seeing prices remaining well above last years levels due to production constraints but also due to the weaker Rand which is still forcing export prices higher. The banana price, which is in a downward trend at the moment, decreased to R6.96 the past week. The large hand variety price on Nile.ag also decreased, …
Looking at the vegetable market at the moment, we are still seeing lower demand on the markets which is likely to improve as we head closer to the end of the month. Potato price therefore decreased with the latest national average price on R61.16 per 10kg bag, 2% lower week on week. We are still well above last years levels …
The White Maize spot price has declined to R3640, while the July price has decreased to R3614. The Yellow Maize spot price has fallen to R3695, while the July price has decreased to R3730 per ton. The soybean spot price has come under significant pressure over the weekend and the beginning of the week, with the spot price declining to …
There is still no better news for our cattle farmers, with the average weaner calf price having further declined last week and now trading at R31.04 per kilogram. Heavier calves are achieving much lower prices, with lighter calves under 200kg trading at R33.25 per kilogram. The expectation is that weaners prices may now stabilize and gradually trend upward as we …
In the fruit markets we are also seeing prices remaining well above last years levels due to production constraints but also due to the weaker Rand which is forcing export prices higher. The banana price increased to R7.51 the past week and is 8% lower compared to a year ago and is mostly due to 67% higher volumes currently reported …
Load shedding is creating a very interesting dynamic in the markets at the moment. High intensity production is coming under pressure and creating a shortage in the markets and resulting in prices to trade well above that of last year despite lower demand reported as well. Potato price are now about 33% higher compared to last year and 52% higher …
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