agri trends

Agri Trends: South Africa’s white maize production estimate revised up

Maize: CBOT corn prices rose by 3,1% both week-on-week and month-on-month, buoyed by weather-related concerns in the U.S. during planting. However, the USDA reported that U.S. corn planting reached 27% complete on April 29, up from 12% the previous week and surpassing the five-year average of 22%. CBOT corn[...]

By Specialist Writer|2nd May 2024|Categories: News|Tags: , , , |

Agri Trends: El Nino weather led to white maize production cuts in Southern Africa

Maize: As the Southern Hemisphere corn production season draws to a close, the market focus shifted to production prospects for the 2024/25 Northern Hemisphere production season which commenced in April. Given the El Nino weather effects, the South American production season is expected to end better than initially anticipated[...]

By Specialist Writer|16th April 2024|Categories: News|Tags: , , , , , |

Agri Trends: Grains and Oilseed – SAFEX and CBOT maize prices followed divergent trends

Maize market trends International maize market CBOT corn prices continue to lose momentum, trading near three-year lows underscored by big harvests from South America. As a result, CBOT corn prices decreased by 7,8% compared to a month ago. Contributing to the ample global supplies are record corn stock levels[...]

By Specialist Writer|1st March 2024|Categories: News|Tags: , , , |
Go to Top