Over the past week or two the tension on the border with Mozambique influenced our market prices as well. We initially saw lower demand and lower prices. However, there is some reports indicating that the shelves are empty in Mozambique and that it can take more than 3 days to fill them again. This will result in higher demand in …
Weekly Livestock Market Overview | 13 November 2024
In the beef industry, we’ve seen the national average weaner calf price increase, with the price for calves between 200 and 250kg now at R31.80 per kilogram. Direct sales traded at R32.82 per kg last week for this specific weight class, still over 8% lower than a year ago when it was at R34.62 per kg. Lighter calves …
Weekly Grain Market Overview | 13 November 2024
The white maize spot price has increased week-on-week to R5,908, while the July 2025 price dropped to R3,805. The yellow maize spot price rose week-on-week to R4,904, with the July 2025 price now at R3,705 per ton. The soybean spot price increased week-on-week to R8,980, while the May 2025 price stands at R7,400 per ton. The sunflower spot price rose …
Weekly Economic Market Overview | 13 November 2024
The Rand remained steady over the past week, trading at R17.56 to the US Dollar, despite the results of the US elections. The US lowered their interest rates by 25 basis points last week. Together with the fact that our inflation rate is currently under 4.5%, the expectation is that our interest rates will also be reduced by 25 basis …
Weekly Fruit Market Overview | 06 November 2024
The average bananas price increased to R13.95 per kilogram or R251 per 18kg box and is now 20% higher than a year ago and moved well above the prices levels over the past four seasons. Supply remains tight with volumes about 8% lower than a year ago and the price that broke through its upper resistance levels. I expect prices …
Weekly Vegetable Market Overview | 06 November 2024
The average national potato price increased slightly last week and traded on R70.18 per 10kg and is now 19% lower than a year ago while total volumes are about 5% higher year on year. Last week, large potato prices traded higher on R79, mediums traded on R69, and smalls on R54 per 10kg. Mondials traded higher on R70 and Sifras …
Weekly Livestock Market Overview | 06 November 2024
The national average weaner calf price remains stable, with the price for calves between 200 and 250 kg now at R31.21 per kilogram. Direct sales traded at R32.60 per kg last week for this weight class, which is about 8% higher than a year ago when it was R34.08 per kilogram. Lighter calves under 200 kg have risen to …
Weekly Grain Market Overview | 06 November 2024
The spot price for white maize has increased week-on-week to R5,825, while the July 2025 price has dropped to R3,950. However, the spot price for yellow maize has risen week-on-week to R4,740, with the July 2025 price now at R3,739 per ton. The CBOT maize price has been quite volatile recently but is slightly higher than it was a week …
Weekly Economic Market Overview | 06 November 2024
The Rand has remained stable over the past week, trading at R17.67 against the US dollar. Our inflation rate has dropped below 4% for the first time in three years, coming in at 3.8% in September. This makes the possibility of a further interest rate cut in November more likely. However, there is some speculation that the US may not …
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