Over the last month there was a 16% dip in the average national potato price mostly due to 29% higher volumes over this period. The latest price decreased to R71.82 per 10kg bag with a 24% jump in volumes reported the past week. January was also a very slow month on the market due to very low demand reported. The …
Weekly Fruit Market Overview | 7 February 2024
The banana price decreased by 14% this past week to R5.84 per kilogram or R105.18 per 18kg box and is now trading about halve the price it was a month ago. There was a massive increase in volumes on the markets with 123% more volumes reported over the past 4 weeks due to a slowdown in harvesting over the December …
Weekly Livestock Market Overview | 7 February 2024
Moving on to the latest livestock prices, let’s first focus on Beef prices first. We’ve seen that weaner calf prices moved sideways to R35.76 per kilogram last week, with prices in the northern production areas like Mpumalanga dropping to R37. It appears that we may remain at current price levels this week, but seasonal trends suggest prices could trend strongly …
Weekly Grain Market Overview | 7 February 2024
The latest White Maize price drops to R3818, while the Jul’24 price decreases to R3643 per ton. The Yellow Maize spot price drops to R3605, with the Jul’24 price decreasing to R3616 per ton. The Soybean spot price drops to R7759, with the May’24 price lower at R7654 per ton. The Sunflower spot price drops to R8100, while the May’24 …
Weekly Economic Market Overview | 7 February 2024
The oil price has dropped significantly in the past week and are currently trading at $78 per barrel. The conflict in the Red Sea has diminished due to the ceasefire, providing more certainty about supply from the region. The expectation that interest rates in America may stay high for longer and lower economic growth figures from China continue to put …