In the fruit markets, the banana price increased to R8.01 per kilogram or R144 per 18kg box with volumes also increasing. I still think that we can remain close to current price levels for September as well, but that the price can jump in October to around the R10 mark due to lower expected volumes. The latest apple price …
The past week the average national potato price decreased to R75.03 per 10kg with volumes 39% higher week on week. The large potato price traded lower last week on R82, mediums on R73 and smalls lower on R58 per 10kg. Mondials traded lower on R76, Sifras lower on R81 and Lanormas on R72 with the average price on Joburg dropping …
The latest weaner calf price has further declined over the past week, with the average price now at R31.74 per kilogram. At this time last year, the price was 7% higher, trading at R34.21. The price in Limpopo has dropped to R33, while the average price in the Eastern Cape has dropped to R31.25. The A2/3 carcass price also dropped …
The latest white maize spot price is rising week by week to R5,392, while the Jul’25 price drops to R3,867 per ton. The yellow maize spot price is falling week by week to R3,950 per ton, while the Jul’25 price drops to R3,675. For the 2024/25 marketing season, we see that 4.8 million tons of yellow maize have been delivered …
The Rand has strengthened to R17.75 per US dollar. Last week, the head of the Federal Reserve Bank noted that the US inflation rate has moved closer to the 2% mark, which has brought a lot of optimism that interest rate cuts might occur on September 18, causing the Dollar to weaken and the Rand to strengthen. Local inflation figures …
In the fruit markets, the banana price increased to R7.80 per kilogram or R140 per 18kg box with volumes staying sideways. We still feel that we can remain close to current price levels for September as well, but that the price can jump in October to around the R10 mark due to lower expected volumes. The latest apple price …
The past week the average national potato price increased to R78.96 per 10kg with volumes 17% lower week on week. The large potato price traded higher on R86, mediums on R76 and smalls on R63 per 10kg. Mondials traded higher on R80, Sifras higher on R82 and Lanormas on R75 with the average price on Joburg on R79.28 per 10kg …
The latest weaner calf price dropped by almost 1% over the past week, with the average price currently at R31.95 per kilogram. The price is now 6.25% lower than a year ago. The price in the Northwest decreased to R30.94, while the average price in Limpopo also fell to R33.50. The A2/3 carcass price remains steady at R55.23, while the …
The latest white maize spot price has decreased week-on-week to R5,344, while the July ’25 price has dropped to R3,930 per ton. The yellow maize spot price has decreased week-on-week to R4,095 per ton, while the July ’25 price has dropped to R3,753. In the week of August 3rd to 9th, we exported 23,760 tons of white maize and 14,371 …
The Rand has strengthened to R17.78 per U.S. dollar and is at its strongest level since mid-July due to a weakened dollar and the increased likelihood of an interest rate cut in September. Local economists expect a 25 basis point cut in September and again in November, with inflation at its lowest in the past six months. Local investors are …
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