The banana price decreased by almost 27% the past week and traded on R7.39 per kilogram or R133 per 18kg box with volumes jumping by more than 34% week on week. We are expecting that this price can stay in a downward trend during May, June and July with more volumes expected. The latest apple price increased to R8.86 …
The past week we saw the average national potato price decreasing by 3% to R51.04 per 10kg with volumes increasing by 13% week on week. We are seeing a similar price trends as last year with the average price on its lowest level during April. If we see this trend continue, expect potato prices to stay in an upward trend …
The latest average weaner calf price has increased by 1.2% to R32.23 per kilogram and is moving closer to last year’s price levels, now only 4% lower than a year ago. We may possibly see better prices over the first half of May, but it currently appears that the second half could mean lower prices. However, the good news is …
On Safex, the white maize spot price fell week-on-week to R5405 while the July price declined to R5425 per ton. The yellow maize spot price fell to R4335 while the July price dropped to R4431 per ton. The soybean spot price decreased to R8420 with the July price at R8567 per ton. The sunflower spot price decreased to R9020 while …
In America, inflation remains above the target of 2%, affecting oil prices and interest rates greatly. Brent crude oil prices rose again over the past week to $89 per barrel with demand still relatively high and uncertainty persisting due to the ongoing war. The Rand strengthened and traded at R18.76 per US Dollar as the Dollar lost ground slightly over …
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Dr Johnny van der Merwe
+27 (0)73 140 2698
info@amtrends.co.za
