The white maize spot price has decreased week on week to R6,400, while the July’25 price has risen to R4,558. The yellow maize spot price has decreased week on week to R5,100, with the July’25 price now at R4,109 per ton. The soybean spot price has decreased week on week to R9,025, while the May’25 price stands at R7,705 per …
The Rand has traded sideways over the past week and is currently at R18.14 against the US dollar, while the latest Brent crude oil price has fallen to $72.15 per barrel. There is currently a ceasefire between Israel and Hezbollah, but this could quickly flare up again and potentially push prices upward.
The national average weaner calf price reached a turning point last week, dropping by almost 3% to R32.96 per kilogram, with “out-of-hand” sales also lower at R33.19 per kg. These prices are for calves averaging 220kg. Lighter calves averaging 180kg traded at R32.91, while heavier calves averaging 273kg were priced at R31.20. The average price in the Free State also …
The markets had mixed reactions with the average national potato price decreasing to R65.01 per 10kg and was 3% lower than a year ago. Last week, large potato prices traded lower on R80, mediums traded on R61, and smalls on R43 per 10kg. Mondials traded lower on R67 and Sifras lower on R65 per 10kg. I still think we might …
The average banana price decreased and traded on R13.82 per kilogram or R249 per 18kg box and is now 7% higher than a year ago. We still expect prices to remain on a relatively higher level until the end of the year due to supply that can remain under pressure, but it can dip in January. Apple prices decreased …
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