grains
Apr 26, 2018
The next eight days should remain cool and dry over the soybean growing areas, which should be supportive of the harvest process. This is at initial stages in parts of the Mpumalanga province, and it could soon commence in other provinces as a large part of the crop has already matured.Agbiz Morning Market Viewpoint on Agri-Commodities 26 April 2018.
Apr 26, 2018
South Africa is in for a fairly good harvest in 2017/18 production season. This was confirmed by the third production forecasts released by the National Crop Estimate Committee this afternoon. All summer crop production estimates were revised up from previous month’s levels, with the exception of dry beans. In the same vein, winter crop farmers intend to increase the area plantings this upcoming season.
May 2, 2018
South Africa’s soybean and oilcake (meal) imports could decline by 27 percent and 17 percent year-on-year in the 2018/19 marketing year, to 20 000 tonnes and 458 992 tonnes, respectively. This is underpinned by an expected harvest of 1.4 million tonnes of soybeans in the 2017/18 production season.
May 7, 2018
The winter wheat planting activity could slow in the coming weeks as the weather forecasts show a possibility of continued dryness in the Western Cape province within the next two weeks. Swartland is the only wheat-growing region that could receive light showers of between 16 and 25 millimetres this week. The prospects for the week ending 22 May 2018 presents similar dynamics, with light showers in areas around Overberg region.
May 7, 2018
The SAFEX soybean market posted gains in yesterday’s trade session, supported by bullish sentiment emanating from higher Chicago soybean prices, commercial buying interest, as well as the weaker domestic currency against the US Dollar.
May 15, 2018
South Africa is an important player in the global maize market, ranked as the 9th largest exporter of maize in 2017, according to data from Trade Map. The countries performing better than South Africa were the US, Brazil, Argentina, Ukraine, Russia, France, Romania and Hungary. These countries collectively accounted for 88 percent of global maize exports in 2017