Over in the fruit markets, the banana price increased to R8.63 per kilogram or R155 per 18kg box with volumes increasing by 4% week on week. The average price is likely to stay in an upward trend for the remainder of the year, but lower middle month demand over the next two weeks can limit some of this upward potential. …
The past week the average national potato price increased by about 10% to R91.29 per 10kg with volumes still staying on a relatively higher-level last week. On Monday this week the average price increased to about R96 with volumes also higher week on week and makes me wonder why the prices are so high at the moment. The large …
This past week, we saw that weaner calf prices dropped further, with the national average price now at R31.20 per kilogram. Last year at this time, the price traded 8.5% higher at R34.10. Regional prices also moved downward, with the price in the Eastern Cape now at R31.25, while the average price in the Northern Cape dropped to R30.82. The …
The latest spot price for white maize rises week-on-week to R5,523, while the July 2025 price increases to R3,915. The latest spot price for yellow maize rises week-on-week to R4,133, and the July 2025 price increases to R3,765. On the local market, lower stock levels, especially for white maize, have kept prices at a higher level and could push prices …
The Rand has strengthened to R17.9 per US dollar, approximately at the same level as in March 2023. However, we expect the Rand to trade sideways for another week until the interest rate announcements are made. The Brent crude oil price is trading lower at $71.4 per barrel. Since last Monday, the Brent crude oil price has decreased by …
Over in the fruit markets, the banana price increased to R8.06 per kilogram or R145 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 …
The past week the average national potato price increased by about 11% to R83.10 per 10kg with volumes 3% higher week on week. The large potato price traded higher last week on R93, mediums on R81 and smalls higher on R60 per 10kg. Mondials traded higher on R87, Sifras higher on R89 and Lanormas on R76 with the average price …
In the beef industry, we see that the latest weaner calf price continued to decline over the past week, with the national average price currently at R31.45 per kilogram. Last year at this time, the price was almost 9% higher, trading at R34.47. The price in the Eastern Free State is now at R32.10, while the average price in the …
The seventh production estimate for summer grains and the first production estimate for winter grains were released last week by the crop estimates committee and are as follows: White maize was adjusted downwards by 2.5% to 6.18 million tons, while yellow maize is 1.6% lower at 6.18 million tons. Sunflower and soybeans were left unchanged, with sunflower at 649,250 tons …
The Rand stayed on a stronger level of R17.87 per U.S. dollar and is hovering at over one-year highs mostly due to a weakening dollar and the increased likelihood of an interest rate cut in September. Brent crude oil futures traded lower on $77.06 per barrel on Monday, as OPEC’s plan to increase production next quarter weighed on the …
