The banana price lost about 20% the past week and traded on R10.07 per kilogram or R281 per 18kg box which was mostly due to volumes jumping by about 10% week on week. This price is however still 12% higher than a year ago. We are expecting that this price can stay in a downward trend over the next three …
Starting with Potatoes as usual, we saw the average national potato price decreasing by 17% to R52.66 per 10kg the past week with volumes staying on a higher level and demand dipping. Mondials traded on R52, Sifras on R54 and Lanormas on R55 last week with the average price on Joburg on about R52.38 per 10kg. Demand is likely to …
The latest average weaner calf price rises by 1.2% to R31.83 per kilogram and is 7% lower than a year ago. It appears that we are now in an upward price trend with the negative sentiment starting to turn positive again, especially after the good rain of the past few weeks. Most regional prices are also rising, with the price …
On Safex, the white maize spot price remained mostly sideways week on week and traded at R5485 while the July price decreased to R5524 per ton. The yellow maize spot price slightly increased to R4365 while the July price rose to R4475 per ton. The soybean spot price decreased to R8538 with the May price now at R8578 per ton. …
Brent oil prices dropped over the past week to $87 per barrel with the Iran-Israel war not escalating, bringing a bit more certainty about supply from the Middle East. Oil demand remains uncertain, but new statistics from America this week may provide further direction. The Rand weakened and is trading at R19.21 per US Dollar with the Dollar trading much …
In this week’s Meat Price Overview, we compare current price levels with prices in 2017 and 2019 with very interesting results and also discuss why there are differences. The latest average weaner calf price has increased by 3% to R31.45 per kilogram and is 9% lower than a year ago. It really looks like we have now reached a low …
The surprise package over the past month was the banana price that bounced back to R12.55 per kilogram or R226 per 18kg box. This price is now 37% higher than a year ago due to volumes still under pressure and about 6% lower than last year. We are now back on the price levels that we saw at the end …
Starting with Potatoes as usual, we saw the average national potato price increasing by 2% to R63.41 per 10kg the past week while volumes bounced back after we had the first full week of trading in a while. Mondials traded on R63, Sifras on R64 and Lanormas on R60 last week with the average price on Joburg on about R64 …
In the grain market, we see that the White Maize spot price rose to R5295 on Monday while the Jul’24 price rose to R5270 per ton. The Yellow Maize spot price rose to R4280 while the Jul price rose to R4230 per ton. Soybean spot price rose to R8655 with the May’24 price higher at R8730 per ton. The …
Brent oil prices have remained relatively high this week and are now trading at $86 per barrel with geopolitical tensions creating a lot of uncertainty about supply. The Rand has also not moved much, trading at R18.96 per Dollar. There are interest rate announcements this week in South Africa that may provide more direction, but the expectation is mostly that …
Showing 1–10 of 20 results
