SAFEX beef carcass market – Agri Limpopo

South African Agricultural Commodities Weekly Wrap

Arithmus — Fri, 02 Nov 2018 09:44:42 +0000

From planting to pollination, which is typically the period between October and February, the weather becomes an important factor in the South African summer grains and oilseeds market.
Fortunately, this year, although there are concerns about a possible El Niño later in summer, the season started on a sound footing with widespread rainfall in the eastern and central parts of the country.
The planting activity is gaining ground in most areas, but it is yet to be seen if it will reach the intended area of 4.03 million tonnes in the 2018/19 production season, an increase of 5 percent year-on-year.
In the winter crop growing areas, harvesting is gaining momentum and the progress is reflected in the volume of wheat delivered to commercial silos in the Western Cape. There will most likely be good progress within the next two weeks as the weather forecast currently shows clear skies over most parts of the province.
The SAFEX beef carcass market experienced a quiet week with prices unchanged from levels seen last week. In terms of the supply, the South African farmers slaughtered 189 108 head of cattle in September 2018, down by 11 percent year-on-year due to the herd rebuilding process after a reduction during the 2015-16 drought.

Click HERE for the full report.

Sourced: Agbiz, Agribusiness Research

Arithmus — Fri, 09 Nov 2018 07:35:08 +0000

The expected rainfall in the western parts of South Africa did not materialise in many areas this week, and thus the maize and sunflower seed planting activity has not progressed much in this particular region. This, however, is not a major concern for now as optimal planting window will be open until mid-December.
The optimal planting window is narrowing in the eastern part of South Africa, as it is typically open between mid-October and mid-November. Fortunately, maize planting activity has progressed somewhat following good rainfall in the past couple of weeks which improved soil moisture.
In the winter crop growing areas, harvesting is gaining momentum and the progress is mirrored in the volume of wheat recently delivered to commercial silos in the Western Cape. Harvesting will most likely progress well within the next two weeks as the weather forecast shows clear skies over most parts of the province.
Aside from the grain market, the SAFEX beef carcass market experienced a quiet week with prices unchanged from levels seen last week. In terms of the supply, the South African farmers slaughtered 189 108 head of cattle in September 2018, down by 11 percent year-on-year due to the herd rebuilding process after a reduction during the 2015-16 drought.

Click HERE for the full report.

Sourced: Agribiz, Agribusiness Research

Arithmus — Fri, 16 Nov 2018 08:48:31 +0000

In the absence of major data releases, the weather was again a primary focus in the South African grain and oilseed market this week. This time around, however, the prospects have turned positive for summer crop areas, with expectations of higher rainfall in the country within the next two weeks. This is good for both areas that are yet to plant as it will improve soil moisture ahead of the process, and also bode well for recently planted areas as it will support the germination process of the crop.
The eastern part of South Africa, which predominantly produce yellow maize and soybeans, have made good progress in terms of planting, whereas the western regions have not started in large areas due to drier conditions in the past few weeks.
In terms of winter crops, the past couple of weeks brought cool and drier weather conditions in the Western Cape, and that supported the harvest process.
Aside from the grain market, the SAFEX beef carcass market experienced a quiet week with prices unchanged from levels seen last week. In terms of the supply, the South African farmers slaughtered 189 108 head of cattle in September 2018, down by 11 percent year-on-year due to the herd rebuilding process after a reduction during the 2015-16 drought.
In the first nine months of this year, the South African farmers slaughtered roughly 1.8 million head of cattle, down by 7 percent from the corresponding period last year.

Click HERE for the full report.

Sourced: Agbiz, Agribusiness Research