Commodities & Fairtrade News South Africa

Grains benefit as rand slips

Maize and wheat prices rose slightly on Monday‚ buoyed by a weaker rand‚ which makes domestic agricultural products more enticing to foreign buyers...
Grains benefit as rand slips
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At the close of market‚ the white maize contract due for delivery in July 2015 was up R7 to 2‚654 a ton‚ the September 2015 contract added R8 to R2‚695 a ton and the December 2015 contract climbed R10.80 to R2‚745.80 a ton.

The yellow maize contract due for delivery in July 2015 was up by R11 to R2‚420 a ton‚ the September 2015 contract lifted by R10 to R2‚457 a ton and the December 2015 contract added R9 to R2‚490 a ton.

The wheat contract due for delivery in July 2015 contract was up R18 to R3‚940 a ton‚ the September 2015 contract rose by R10 to R3‚855 a ton and the December 2015 contract was unchanged at R3‚800 a ton.

Source: BDpro

Source: I-Net Bridge

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