The banana price decreased by 25% the past week and is now trading on R6.82 per kilogram with volumes also increasing by 25%. The latest apple prices increased to R12.64 with the pear price 19% lower on R7.20 per kilogram. I think that Apple price can start decreasing with local production that is likely to pick up soon, while pear …
The average national potato price remained about 50% higher the past week due to 17% lower supplies on the markets compared to a year ago. The latest price increased to R72.52 per 10kg bag and was driven lower supply. The average volumes in January were also lower compared to the previous two seasons. The average large potato traded on R79 …
In the livestock industry, the average weaner calf price has dropped to R35.72 per kilogram, with the North West Province’s average price also declining to R35.46. The A2/3 carcass price drops to R54.54, with the C-grade price lower at R47.85. This is a crucial period in the beef industry, and I thought to discuss price expectations for the next few …
The latest White Maize price increases to R3970, while the Jul’24 price rises to R3761 per ton. The yellow maize spot price rises to R3680, while the Jul’24 price decreases to R3639 per ton. The soybean spot price drops to R8405, with the May’24 price lower at R8127 per ton. The sunflower spot price rises to R8490, while the May’24 …
Brent oil prices rose sharply in the past week to $84 per barrel, with the conflict in the Red Sea escalating and Russia’s production decreasing due to the ongoing war against Ukraine. Good news however is that it appears the demand from the United States and China may increase due to better-than-expected economic activity. The Rand strengthened in the past …
The banana price decreased by 21% the past week and is now trading on R9.12 per kilogram with volumes traded on the markets increasing by 28%. Apple prices increased to R11.29 with the pear price 23% lower on R8.85 per kilogram. The orange price decreased by 6.9% to R15.38 per kilogram and traded on a significantly higher level …
The average national potato price decreased to R66.33 per 10kg bag and was again driven lower by lower demand. The average large potato traded on R73.45 while small/mediums came in at R54.04 per 10kg bag. This week our focus will be on tomatoes with prices decreasing by 15% to R8.56 per kilogram due to lower demand and volumes …
Unfortunately, there hasn’t been good news for the red meat industry, with lower demand suppressing prices. The average weaner calf price is trading at R36.07, with the highest price still in Mpumalanga at R37. Expect prices to potentially trend downward in February and March, remaining at a lower level in April and May. It appears that prices around the R32 …
The latest White Maize price rises to R3940, while the Jul’24 price rises to R3800 per ton. Yellow Maize spot price increases to R3690, with the Jul’24 price rising to R3711 per ton. Soybean spot price decreases to R8416, with the May’24 price lower at R8250 per ton. Sunflower spot price decreases to R8382, while the May’24 price decreases to …
Brent oil prices have been trading sideways since the beginning of the year, currently at $78 per barrel. Despite conflicts in the Middle East, there are predictions that oil demand may grow this year, which could be a positive sign for economic growth. The Rand is trading at a weaker level, currently at R19.10 per US dollar, driven by …
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