harvest
Monday May 21st, 2018
Today the focus will be on the US maize market ahead of the weekly crop progress data which is due for release in the evening. In the week of 13 May 2018, about 62 percent of the maize area for this season had already been planted. This, however, is slightly behind last year’s pace of 68 percent in the corresponding period.
Monday May 28th, 2018
The SAFEX wheat prices had a good run on Friday’s trade session and settled in positive territory, with spot price at R3 855 per tonne. The gains were in line with higher Chicago wheat prices, as well as commercial buying interest.
Monday May 28th, 2018
We hardly write about Africa’s soybean industry because the production of the crop is not yet fully established in most […]
Monday May 28th, 2018
Food and non-alcoholic beverages inflation marginally ticked up to 3.9% in April 2018, from 3.5% in the previous month. The uptick was largely on the non-alcoholic beverages, particularly soft drinks, on the back of the introduction of the sugar tax in April 2018.
Tuesday May 29th, 2018
The harvest activity is gaining momentum in the irrigation areas around the country. This is reflected in the volumes of maize delivered to commercial silos in the week ending 18 May 2018, which amounted to 144 563 tonnes, up by 14 percent from the previous week.
Tuesday May 29th, 2018
The weaker Rand against the US Dollar provided support to the South African grain and oilseed market this week, thus overshadowing the bearish sentiment that stemmed from expectations of a large harvest.