Commodities & Fairtrade In brief South Africa

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Ebrahim Harvey walks us through the systematic collapse of South Africa.

Ebrahim Harvey walks us through the systematic collapse of South Africa.

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    Maize ends firmer on higher CBoT prices and softer rand

    South African maize futures closed the Tuesday session higher due to firmer Chicago Board of Trade (CBoT) figures and a softer rand.

    Wheat‚ however‚ ended lower due to a fall in CBoT prices and ample world wheat stock‚ a trader said.

    The March 2015 contract gained R29 to R2‚028 a ton and the March 2015 yellow maize contract lifted R32 to R2‚064 per ton.

    Wheat for delivery in March 2015 dipped R6 to R3‚949 a ton.

    Source: I-Net Bridge

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