Weekly Grain Market Overview | 24 July 2024

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The latest white maize spot price rose week-on-week to R5 349, while the July ’25 price also rose slightly to R4 126 per ton. The yellow maize spot price rose week-on-week to R4 030 per ton, while the July ’25 price rose to R3 948.   There are currently two stories developing that are particularly pulling the yellow maize market

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StudentWeekly Grain Market Overview | 24 July 2024

Weekly Grain Market Overview | 17 July 2024

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The latest white maize spot price has decreased week-on-week to R5084, while the Jul’25 price has also decreased to R4184 per ton. The yellow maize spot price has decreased to R3801 per ton, with the Jul’25 price also falling to R3800.   The biggest factor causing prices to decline last week was the strengthening of the exchange rate. We are

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StudentWeekly Grain Market Overview | 17 July 2024

Weekly Grain Market Overview | 10 July 2024

 by Student in Agricultural Insight, Grain Market, Grains, Weekly Market Overview Leave a Comment

The latest white maize spot price has decreased week-on-week to R5084, while the Jul’25 price has also decreased to R4184 per ton. The yellow maize spot price has decreased to R3801 per ton, with the Jul’25 price also falling to R3800.   The biggest factor causing prices to decline last week was the strengthening of the exchange rate. We are

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StudentWeekly Grain Market Overview | 10 July 2024

Weekly Grain Market Overview | 2 July 2024

 by Student in Agricultural Insight, Grain Market, Grains, Weekly Market Overview Leave a Comment

The latest white maize spot price fell week on week to R5088, while the Jul’25 price fell to R4133 per ton. The yellow maize spot price fell to R3760 per ton, while the Jul’25 price fell to R3757. The CBOT prices dropped sharply last week on the back of the acreage report, which indicated that more maize was planted than

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StudentWeekly Grain Market Overview | 2 July 2024

Weekly Grain Market Overview | 26 June 2024

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  The latest white maize spot price increased week-on-week to R5167 while the July ’25 price rose to R4261 per ton. The yellow maize spot price dropped to R3882 per ton while the July ’25 price fell to R3820.   The Rand currently plays an extremely important role in local price movements, especially when we look at yellow maize and

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StudentWeekly Grain Market Overview | 26 June 2024

Weekly Grain Market Overview | 19 June 2024

 by Student in Agricultural Insight, Grain Market, Grains, Weekly Market Overview Leave a Comment

The latest white maize spot price sharply decreases week on week to R5074, while the July price falls to R5088 per ton. The yellow maize spot price drops to R3979 per ton while the July price falls to R4019.   The stronger Rand will certainly have a negative effect on prices, and thus we can expect lower SAFEX prices this

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StudentWeekly Grain Market Overview | 19 June 2024

Weekly Grain Market Overview | 12 June 2024

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The latest white maize spot price has risen week on week to R5217, while the July price has increased to R5235 per ton. The yellow maize spot price remains at R4000 per ton, while the July price trades at R4042. It seems that Africa’s white maize stock levels might stay tight, which could keep white maize prices high, especially as

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StudentWeekly Grain Market Overview | 12 June 2024

Weekly Grain Market Overview | 05 June 2024

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The latest white maize spot price rises week on week to R5195, while the July price rises to R5231 per ton. However, the yellow maize spot price falls to R4003, while the July price falls to R4049 per ton. Looking at seasonal trends, it appears that yellow maize prices may now move further downwards due to harvest pressure, but also

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StudentWeekly Grain Market Overview | 05 June 2024

Weekly Grain Market Overview | 29 May 2024

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Although maize prices have risen week-on-week, they came under a lot of pressure on Monday morning. The latest white maize spot price fell to R4910 while the July price dropped to R4929 per ton. The yellow maize spot price fell to R3980 on Monday while the July price dropped to R4032 per ton, but these prices are still higher than

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StudentWeekly Grain Market Overview | 29 May 2024

Weekly Grain Market Overview | 22 May 2024

 by Student in Agricultural Insight, Grain Market, Grains, Weekly Market Overview Leave a Comment

On SAFEX, the white maize spot price further decreased week-on-week to R4801, while the July price fell to R4821 per ton. The yellow maize spot price dropped to R3880, while the July price decreased to R3963 per ton. The soybean spot price fell to R8750, with the July price lower at R8895 per ton. The sunflower spot price decreased to

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StudentWeekly Grain Market Overview | 22 May 2024

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