The banana price increased by 7% last week and traded on R7.89 per kilogram or R142 per 18kg box with volumes increasing by 17% week on week. We expect this price to stay in a downward trend during May, June and July with more volumes expected. The latest apple price stayed sideways on R8.54 last week while the latest …
The past week we saw the average national potato price increasing slightly to R54.31 per 10kg. Mondials traded on R52, Sifras on R57 and Lanormas on R54 with the average price on Joburg on R55.74 per 10kg last week. We moved below the price levels of last year with volumes coming in on a higher level. I however think that …
The latest average weaner calf price rises by almost 1% to R32.44 per kilogram and is now about 2% higher than a year ago. The price in the Eastern Free State rises to R32.25 while the Central Free State and Eastern Cape prices have fallen to R31.50. It seems that the price may possibly decrease over the next two weeks, …
On Safex, the white maize spot price has further declined week on week to R4900, while the July price drops to R4922 per ton. The yellow maize spot price falls to R4030, with the July price decreasing to R4118 per ton. The Soy spot price drops to R8798, with the July price lower at R8940 per ton. The sunflower spot …
Oil prices remain at a relatively lower level, currently trading at $82.78 per barrel. It seems that OPEC may maintain production restrictions for the rest of the year, and there are still concerns about lower demand from China, which is struggling to revive its economy. The Rand continues to strengthen and is trading at R18.38 per US Dollar, with the …
The banana price traded on R7.38 per kilogram or R133 per 18kg box with volumes decreasing by 9% week on week. We expect this price to stay in a downward trend during May, June and July with more volumes expected. The latest apple price stayed sideways on R8.65 last week while the latest pear price also traded on similar …
The past week we saw the average national potato price increasing slightly to R52.80 per 10kg with volumes decreasing by 16% week on week. Mondials traded on R51, Sifras on R55 and Lanormas on R53 with the average price on Joburg on R52.84 per 10kg last week. During April we saw 7% higher volumes compared to March, which was die …
The latest average weaner calf price decreased last week to R32.15 per kilogram and has now moved above last year’s price levels. Very interestingly, last year we only experienced the decrease in weaner calf prices from mid-April to the end of May, whereas this year we experienced the decrease in prices much earlier, with declining prices already from mid-February. I …
On Safex, the white maize spot price has further declined week on week to R5150 although it recovered on Monday, while the July price decreased to R5173 per ton. The yellow maize spot price fell to R4147 while the July price dropped to R4229 per ton. The soybean spot price rose to R8792 with the July price at R8949 per …
Brent oil prices have sharply declined over the past week and are currently at $83 per barrel, with good supply from America pushing prices down and also the hope for a ceasefire in the Middle East soon. The Rand has strengthened and is trading at R18.54 per US Dollar due to the Dollar losing ground again, and it wasn’t necessarily …
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Dr Johnny van der Merwe
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info@amtrends.co.za
