Subscribe & Follow

Advertise your job vacancies

Local grains weaken as rand firms

8 Apr 2015

South African grain futures edged slightly lower as the rand strengthened against the dollar.

At 12.20pm on Wednesday, 8 April, the rand was trading at R11.7883 to the greenback from a Tuesday close of R11.8862.

The white maize contract due for delivery in July 2015 was down R12.20 to R2‚550.80 a ton and the September 2015 contract fell R11 to R2‚592 a ton. The contract due for delivery in December 2015 shed R17 to R2‚635 a ton.

The yellow maize contract due for delivery in July 2015 lost R7 to R2‚340 a ton and the September 2015 contract was down R11.80 to R2‚374.20 a ton. The contract due for delivery in December 2015 lost R1.20 to R2‚411.80 a ton.

The wheat contract due for delivery in July 2015 was unchanged at R3‚905 a ton‚ the September 2015 contract edged down R5 to R3‚840 a ton. The December 2015 contract was untraded.

Source: BDpro via I-Net Bridge

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za