The white maize spot price has decreased week on week to R5,585, while the July ’25 price has fallen to R3,746. In contrast, the yellow maize spot price has increased week on week to R4,475, with the July ’25 price now at R3,643 per ton. The harvesting pace in America is currently the fastest in the last ten years, with …
Weekly Grain Market Overview | 7 October 2024
Last week, the US grain stock report was released. It was lower than the industry expected, but not enough to cause a shock. Consequently, along with other factors such as China’s attempt to stimulate their economy with an interest rate cut, we suspect that the international grain market is becoming increasingly demand-driven. This means that prices will be more influenced …
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 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 Grain Market Overview | 04 September 2024
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 …
Weekly Grain Market Overview | 28 August 2024
The latest white maize spot price is rising week by week to R5,392, while the Jul’25 price drops to R3,867 per ton. The yellow maize spot price is falling week by week to R3,950 per ton, while the Jul’25 price drops to R3,675. For the 2024/25 marketing season, we see that 4.8 million tons of yellow maize have been delivered …
Weekly Grain Market Overview | 21 August 2024
The latest white maize spot price has decreased week-on-week to R5,344, while the July ’25 price has dropped to R3,930 per ton. The yellow maize spot price has decreased week-on-week to R4,095 per ton, while the July ’25 price has dropped to R3,753. In the week of August 3rd to 9th, we exported 23,760 tons of white maize and 14,371 …
Weekly Grain Market Overview | 13 August 2024
The latest white maize spot price has risen week on week to R5,350, while the Jul’25 price has dropped to R3,998 per ton. The yellow maize spot price has decreased week on week to R4,115 per ton, while the Jul’25 price has fallen to R3,830. US maize prices typically reach their low point in the second half of September when …
Weekly Grain Market Overview | 07 August 2024
The latest white maize spot price has decreased week on week to R5 260, while the July ’25 price also decreased to R3 981 per ton. The yellow maize spot price decreased week on week to R4 034 per ton, while the July ’25 price decreased to R3 835. Locally, it seems that the white maize price remains in its …
Weekly Grain Market Overview | 31 July 2024
The latest white maize spot price drops week on week to R5 420, while the July ’25 price also falls to R4 100 per ton. The yellow maize spot price falls week on week to R4 150 per ton, while the July ’25 price drops to R3 949. On the international market, there is still a lot of pressure on …
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