The banana price increased by 10% to R7.50 per kilogram or R135 per 18kg box with volumes decreasing by 7% week on week. We are however expecting prices to stay on a lower level during June and July. The latest apple price decreased to R8.40 last week while the latest pear price traded higher on R9.29 per kilogram. We expect …
The past week the average national potato price increased to R56.88 per 10kg with volumes also 20% higher. The large price traded on R62.74, mediums on R54.11 and smalls on R38.45 per 10kg. Mondials traded on R63.33, Sifras on R55.28 and Lanormas on R56.12 with the average price on Joburg on R57.86 per 10kg last week. Looking at expected …
The latest weaner calf price fell last week by almost 1% to R31.60 per kilogram and is now about 5% higher than a year ago when we were just above the R30 mark. The price in the Western Cape remains at R30.50 while the price in Natal has risen to R32.50, which was also the only price that increased. However, …
The latest white maize spot price has risen week on week to R5217, while the July price has increased to R5235 per ton. The yellow maize spot price remains at R4000 per ton, while the July price trades at R4042. It seems that Africa’s white maize stock levels might stay tight, which could keep white maize prices high, especially as …
The latest Brent crude oil price has risen to $79.82 per barrel due to important U.S. inflation figures being announced this week. However, it seems the Americans might keep interest rates sideways due to better-than-expected employment figures. This has also caused oil prices to rise slightly. The Rand weakened last week due to the political uncertainty we are currently experiencing. …
The banana price increased last week and traded on R6.81 per kilogram or R123 per 18kg box with volumes increasing by 21% week on week. During May the volumes came in significantly higher compared to the previous 2 seasons. We are expecting prices to stay on a lower level during June and July. The latest apple price increased to …
The past week the average national potato price increased to R56.88 per 10kg with volumes also 20% higher. The large price traded on R62.74, mediums on R54.11 and smalls on R38.45 per 10kg. Mondials traded on R63.33, Sifras on R55.28 and Lanormas on R56.12 with the average price on Joburg on R57.86 per 10kg last week. Looking at expected …
The latest white maize spot price rises week on week to R5195, while the July price rises to R5231 per ton. However, the yellow maize spot price falls to R4003, while the July price falls to R4049 per ton. Looking at seasonal trends, it appears that yellow maize prices may now move further downwards due to harvest pressure, but also …
OPEC decided last week to maintain production restrictions until 2025, but despite this, lower demand has still pushed the latest Brent oil prices downwards to $81.06 per barrel. The weaker economic growth in America also creates the expectation that we can expect lower demand from them over the next year. The Rand weakened last week due to uncertainty over …
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Dr Johnny van der Merwe
+27 (0)73 140 2698
info@amtrends.co.za
