The banana price decreased to R7.10 per kilogram or R128 per 18kg box with volumes increasing by 5% week on week. The latest apple price increased by 6% to R9.77 last week and moved out of its sideways trend over the last two weeks. I think that this price can stay in its upward trend until November. The latest pear …
Weekly Vegetable Market Overview | 31 July 2024
The past week the average national potato price jumped up by more than 19% to R69.59 per 10kg with volumes dropping by 3% week on week. The large potato price traded on R77, mediums on R68 and smalls on R49 per 10kg. Mondials traded higher on R70, Sifras higher on R74 and Lanormas on R64 with the average price on …
Weekly Livestock Market Overview | 31 July 2024
As expected, the latest weaner calf price has increased slightly over the past week and currently stands at R32.57 per kilogram, which is about 6.2% lower than the same time last year. The price in Mpumalanga has dropped to R34, while the average price in the North West has increased slightly to R31.57. I believe the price may trend upwards …
Weekly Grain Market Overview | 31 July 2024
The latest white maize spot price drops week on week to R5 420, while the July ’25 price also falls to R4 100 per ton. The yellow maize spot price falls week on week to R4 150 per ton, while the July ’25 price drops to R3 949. On the international market, there is still a lot of pressure on …
Weekly Economic Market Overview | 31 July 2024
The Rand is currently at R18.34 per US dollar. New figures from the US PCE price index, which indicates their inflation rates, were released last week and support the expectation that the US Federal Reserve will lower their interest rates in September. However, they have a meeting this coming Wednesday, and it will be very interesting to see if we …
Weekly Fruit Market Overview | 24 July 2024
The banana price decreased to R7.13 per kilogram or R128 per 18kg box with volumes decreasing by 1% week on week. There might be slightly better prices over the next few weeks due to higher demand and volumes that remains on a relatively lower compared to the previous 3 years. The latest apple price increased to R9.17 last week …
Weekly Vegetable Market Overview | 24 July 2024
The past week the average national potato price stayed sideways on R58.49 per 10kg despite volumes dropping by 10% week on week. The large potato price traded on R65, mediums on R62 and smalls on R40 per 10kg. Mondials traded lower on R58, Sifras higher on R63 and Lanormas on R55 with the average price on Joburg on R56 per …
Weekly Livestock Market Overview | 24 July 2024
The latest weaner calf price dropped by almost 1% last week and currently stands at R32.06 per kilogram, which is about 6% lower than the same time last year. The price in the Northwest dropped to R31.53, while the average price in the Central Free State is now trading at R30.50. It looks like the price should find support around …
Weekly Grain Market Overview | 24 July 2024
The latest white maize spot price rose week-on-week to R5 349, while the July ’25 price also rose slightly to R4 126 per ton. The yellow maize spot price rose week-on-week to R4 030 per ton, while the July ’25 price rose to R3 948. There are currently two stories developing that are particularly pulling the yellow maize market …
Weekly Economic Market Overview | 24 July 2024
The Rand is currently at R18.26 per US Dollar. Our local interest rates were left unchanged last week as expected, and I think we will only see a decline once the Americans lower their interest rates. However, some economists expect that we could see a decline as early as September, but unfortunately, inflation remains stubbornly high at 5.2%. The …
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