South African Agricultural Commodities Weekly Wrap.
Optimistic picture for South Africa’s maize supplies.
September 13, 2017
Dams show one-point improvement.
September 18, 2017
Apart from the United States Department of Agriculture’s World Agricultural Supply and Demand Estimates report, and domestic weekly grain trade and producer deliveries data, this was a fairly quiet week in the South Africa agricultural commodities markets.
The marginal uptick in grains and oilseeds prices was largely supported by the relatively weaker domestic currency and commercial buying.
Click here to read more.
The week ahead could present more of the same as the data calendar is quite light with only weekly grain trade and deliveries data due for release.
For fruits and vegetables, the week has again been volatile with daily stock levels underpinning the market. The SAFEX beef carcass market ended the week on a quiet note with prices unchanged from the previous week due to thinly traded volumes.
Click here for the Agbiz Morning Market Viewpoint on Agri-Commodities – 14 September 2017.
