Shifting focus to the fruit markets, the average banana price jumped back to R11.18 per kilogram or R201 per 18kg box and is now only 3% lower than a year ago. Volumes dropped by 6% week on week with lots of rain affecting deliveries to the markets. We are however still expecting lower prices for the rest of this month. …
As expected, the average national potato price fell to R77.63 per 10kg, marking a 12% decrease compared to the previous week. Last week, large potatoes traded at R94, mediums at R73, and smalls at R48 per 10kg. Variety-wise, Mondials dropped to R82, while Sifras decreased to R76 per 10kg. Lower prices were driven by more volumes coming into the markets …
The national average weaner calf price for calves between 200 and 250 kilograms increased as expected to R33.46 per kilogram, with “off-the-hand” sales higher at R35.96 per kilogram. Lighter calves (160–200 kg) traded at R32, while heavier calves (250–300 kg) traded at R31. The average price in the Free State rose to R33.92, while the price in North West increased …
On Safex, the white maize spot price dropped to R6,680 per ton, while the Jul’25 contract rose to R4,605. The yellow maize price rose to R5,650, with the Jul’25 price now at R4,200 per ton. The soybean spot price increased to R9,600, while the May’25 price rose to R8,129 per ton. The sunflower spot price rose to R10,200 per ton, …
The Rand has weakened significantly again, currently trading at R19.15 against the US Dollar, with the Dollar receiving strong support from employment figures indicating solid economic growth. I also believe that Trump’s proposed tariffs and strict sanctions against Russia are creating more uncertainty, thus increasing demand for the Dollar, which is seen as a safe haven. This is also leading …
The average banana price declined to R8.86 per kilogram or R159 per 18kg box and is now 23% lower than a year ago. We anticipate prices to stay on a lower level during January as supply pressures ease, but a slight recovery is possible in February and March. Apple prices decreased to R12.66 per kilogram, while pears dropped to …
The average national potato price rose to R88.58 per 10kg, marking a 4% increase compared to this time last year. Last week, large potatoes traded at R109, mediums at R87, and smalls at R52 per 10kg. Variety-wise, Mondials climbed to R92, while Sifras increased to R87 per 10kg. These higher prices were primarily driven by lower sales during the holiday …
There haven’t been any auctions yet this year, so we don’t have updated weaner calf and lamb prices. We’ll provide those in next week’s episode. However, early indications show that weaner calf prices have risen nicely and are currently trading between R33 and R35. The A2/3 carcass price peaked over Christmas but dropped slightly in the past week to R58.34, …
White Maize Spot Price: Down R101 to R6,770/ton on Monday, while Jul’25 remains flat at R4,291. Yellow Maize Spot Price: Down to R5,449, with Jul’25 now at R3,999/ton. Soybean Spot Price: Up week-on-week to R9,400, with May’25 at R7,930/ton. Sunflower Spot Price: Down R160 to R9,710/ton, with May’25 at R9,550/ton. Wheat Spot Price: Down to R6,080, with Dec’25 at R6,151/ton. …
The Rand has significantly weakened over the past two weeks, currently trading at R18.58 against the US Dollar. The Dollar has gained strong support due to new statistics expected to be released soon. Brent crude oil prices have risen to $76.46 per barrel over the past week amid expectations that China will implement additional measures to stimulate its economy. Record …
