If we take a quick look at what’s happening over in the fruit markets, the banana price decreased to R9.69 per kilogram or R174 per 18kg box with volumes decreasing by 3% week on week. The average price is likely to stay in an upward trend for the remainder of the year. The latest apple price decreased to R11.30 …
Weekly Vegetable Market Overview | 30 September 2024
Last week the average national potato price increased by 19% to R119 per 10kg and is 2% lower than a year ago when we also saw low volumes. Last week the volumes were 8% higher than a year ago. The major driver of this increase is the Large potato price which traded on R138 per 10kg on Monday with …
Weekly Livestock Market Overview | 30 September 2024
Good news is that the weaner calf price has increased by more than 1% in the past week, with the national average price now at R31.34 per kilogram. At this time last year, the price was trading about 7% higher at R33.71. Regional prices are rising, with the price in Limpopo now at R32, while the average price in the …
Weekly Grain Market Overview | 30 September 2024
The spot price for white maize has risen week-on-week to R5,435, while the price for July 2025 has also increased to R3,825. The yellow maize spot price has risen week-on-week to R4,295, with the July 2025 price now at R3,740 per ton. Internationally, the CBOT price has strengthened slightly, partly due to Hurricane Helene, which caused damage to crops. However, …
Weekly Economic Market Overview | 30 September 2024
The Rand recently strengthened to R17.16 per US dollar, a level not seen since January 2023. The weakening of the dollar, improved local economic factors, and China’s announcement of a significant economic injection all contribute to this exchange rate movement. The Brent crude oil price is currently at R71.63 per barrel. Tensions in the Middle East have escalated, with Israel …
Weekly Fruit Market Overview | 11 September 2024
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. …
Weekly Vegetable Market Overview | 11 September 2024
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 …
Weekly Livestock Market Overview | 11 September 2024
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 …
Weekly Grain Market Overview | 11 September 2024
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 …
Weekly Economic Market Overview | 11 September 2024
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 …
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