Data shows that the correlation between maize prices and the exchange rate over the past year is 79%. We believe this could be towards the end of April 2020. Maize is the most important grain crop produced in South Africa. SAFEX Yellow maize. The JSE currently offers Futures and Options on white maize, yellow maize, ... soya beans and sorghum. ... Mielies Produsente Lewerings / Maize Producer Deliveries: PDF 59 KB : More Reports. South Africa is a significant exporter of maize, with an export volume of 1,155 thousand metric tons, valued at USD 253,083 in 2019. The substantial domestic cereal output and a weak national currency, which has boosted the competitiveness of South African grain in the international market, are expected to lead to a sizeable growth in maize exports in the 2020… The price of a ton of maize has seen dramatic changes over the years. Removing advertising from your browsing experience is one of them - we don't just block ads, we redesign our pages to look smarter and load faster. A wide variety of maize prices south africa options are available to you, such as drying process, ... Price Maize Price Of Corn Yellow Maize Corn Seed For Animals In Bulk For Wholesale. Overnight (Globex) prices are shown on the page through to 7pm CST, after which time it will list only trading activity for the next day. Dried Yellow maize From South African Cheap Price NK Agro Trade and Logistics Services pty ltd US $200.00 / Ton Trailing Zimbabwe was Botswana with 19% and Namibia with 18%. Grain SA is an autonomous and voluntary commodity organisation. Already, there was a market correction on 25 March 2020, which saw white maize prices falling by 26% (to R2,940 per tonne), which is back to levels seen in the days leading to the spikes of 23 March 2020. Such price moves in times of uncertainty would be viewed by some as “bad behaviour” by market players, but such a view would be misguided as there are unique factors that resulted in the moves in the white maize market. For the coming week, the average price of porkers is expected to move sideward/upward. A customer pays for maize in a shop in Soweto south west of Johannesburg (Gallo) donald food. By the time you are reading this, the Cape harvest should be completed and the crops in the north should be planted. Morningside, Durban Central and Cbd. This means as currency weakens the maize prices tend to rise. Annually in South Africa, maize suppliers produce and distribute around 14 million tons of produce. SA Grain Des 2020 / Jan 2021. First, the movement in maize market prices is closely related to the exchange rate shift. No other crop utilises sunlight more effectively than maize, and its yield per … This is particularly the case with South Africa’s staple white maize prices, which on 23 March 2020 reached the highest levels last seen in 2016, which was a drought period, at R3,981 per tonne. Market Watch. From Pasture and yellow maize, vegetables, raised with non-GMO feed (not broiler feeds). “Farming is a profession of hope” Such import need forced the lawmakers to lift the ban on the importation of genetically modified maize imports. Regional Office for Africa; Regional Office for Asia and the Pacific; Regional Office for Europe and Central Asia; Regional Office for Latin America and the Caribbean; Regional Office for the Near East and North Africa; Country Offices Second, Zimbabwe suffered from the 2018/19 drought and later cyclone, which saw the country’s maize harvest falling by more than half to 800,000 tonnes which is less than half of what the country consumes.  This meant that the country had to import roughly a million tonnes of maize to supplement the local supplies. Rising demand from the region, primarily Zimbabwe, among other factors. The question some might be confronted with is, should such price moves be a concern to the extent that policymakers might need to intervene in the market by setting a price cap? YELLOW MAIZE FOR ANIMAL FEED SPECIFICATIONS : Commodity Yellow maize Admixture 1.5 % max Color… Natural Yellow Dried Corn / Yellow Corn Maize for Animal Feed (Tzaneen, Limpopo) Since we have developed our base in this business realm we have come up with a wide consignment of… In South Africa, the price levels of yellow maize reached today their highest for this year. exported surpluses to other African nations. Last Updated 08 Jan 2021 11:35:02. Source: JSE, Bloomberg and Author’s calculations. If maize prices remain at current levels for more than a month, as we suspect, there should be a minimal inflation pass-through to the consumer. Explore 4 listings for Maize for sale South Africa at best prices. In times of uncertainty, as we are in during Covid-19 and a 21-day lockdown, any unusual rise in prices of goods which society relies on the most can be discomforting. Grain SA provides commodity strategic support and services to South African grain producers to support sustainability. 3. Select which newsletters you'd like to receive, The weakening of the rand against the US dollar (USDZAR); and. To corroborate the view expressed in Exhibit 1, here we further show that the weaker rand is partly to blame for the maize price upsurge. Ultimately, interventions are not needed to curb white maize price volatilities. This means the South Africa consumer will not necessarily be disadvantaged by the current volatility. That is a massive amount, and not a gram goes to waste. These are. Monday 23 March 2020 was extraordinary in the South African maize market. DM, "You can't wait for inspiration. That is 7.7 million tons of white maize and 6.2 million tons of yellow maize being made available by maize suppliers in South Africa. The most fundamental point is that the supply of maize in the South African market remains stable. As of 13 March 2020, Zimbabwe was by far the largest export market for South Africa’s white maize in the 2019/20 marketing year, accounting for 21% of the exported 857,147 tonnes. Isn’t it just great that the rain has come in time? defined in the South African Grading regulations, that meets all phyto-sanitary requirements and ... (100 ton) YELLOW MAIZE (100 ton) WHITE & YELLOW MAIZE GRADE 2 WHEAT RANDFONTEIN REF.POINT ... Strike price intervals R20.00 per ton R20.00 per ton R20.00 per ton R20.00 per ton R20.00 per ton R20.00 per ton R20.00 per ton Peking Ducks sale: Free range, Organic. Corn Price Per 1 m³ 140.75 ... GBP per Ton 1/7/21 11:55 AM ... Chinese demand, the US Dollar, and climate. We expect a commercial maize harvest of 14.8 million tonnes (about 16 million tonnes, if both commercial and non-commercial volumes are taken into account).  This is against South Africa’s annual consumption of about 11.4 million tonnes. Foodstuff Prices in Nigeria Today (Complete List) Current Price of Bag of Rice in Nigeria; Basmati Rice Price in Nigeria 2019 US $187.00 / Tonne. Non-SAGIS Info The rand is currently undervalued because of the rapid rise in Covid-19 cases. 2 Yellow, FOB Gulf of Mexico, U.S. price, US$ per metric ton Price in US$ per bushel: 3.82 As of: Friday, August 21, 2020 ... We are the largest south african White Maize trader / White Maize broker / White Maize exporter due to direct tie-ups with White Maize suppliers and White Maize … Maize (corn), U.S. No. The short answer is no. The path ahead for South Africa’s maize prices. The country will have at least 2.4 million tonnes available as an exportable surplus. The All Futures page lists all open contracts for the commodity you've selected.Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. Check it out! According to the Crop Estimates Committee (CEC), maize production was estimated at 12,5 million tons during the 2018/19 marketing season, while production for the 2019/20 marketing season is estimated at 11,52 million tons. Healthy and nutritious yellow maize price per ton of corn. We buy maize in bulk and we sell maize in bulk, furthering the effort in keeping the prices down and helping out business owners of all kinds to give their customers high-quality maize meal at affordable prices. 7-10 weeks old R 160; 11 - 20 weeks old R 260; Price negotiable, depending on quantity 20 weeks to 36 weeks as an egg layer, price negotiab le, depending quantity. Against this backdrop, our preference would be that policymakers monitor these (white) maize price movements over the next two weeks, and they shouldn’t put any regulatory measures in place. Click here to see other benefits and to sign-up to our reader community supporting quality, independent journalism. ~ Jack London, Please sign in or register to enable this feature. South Africa’s domestic white maize market, whose prices have increased notably, could see consumption reaching 6.6 million tonnes in the 2020/21 marketing year, against the production of 8.5 million tonnes. We act collectively in the interests of the economic welfare of the grain producers of South Africa, and is the combined voice of grain producers to address commodity matters and issues with the government and other role-players in the industry. 2021/01/07 12:03 AM . Temporary price fluctuations are largely a result of currency volatilities and Zimbabwe’s entrance back into the market after the ban on GMOs was lifted. Made from a mixture of sunflower seeds,whole oats,yellow maize,red sorghum,unshelled nuts and ... Top quality maize silage kwaliteit mielie kuilvoer r600 per ton delivery on request. Home >> Market Prices & Reports. Refresh. Coincidentally, this was the day President Cyril Ramaphosa had announced that the country would go into a 21-day lockdown as a way to curb the spread of Covid-19. R 79 . This was followed by a drastic increase in South Africa’s maize exports to Zimbabwe as illustrated in Exhibit 3 below. 2020, the average producer price of porkers was in total 0,3% lower compared to the previous week, 4,6% higher against a month ago and 24,8% higher year-on-year. The price increases we saw will be short-lived. 1/9/2021 00:04:57 SAFEX Yellow Maize : Last: Change: Bid: Size: Ask: Size: Prev: Open: High: Low: Vol: OI: Time: JAN1: 3656: 23 3606 Made in South Africa Yellow Maize Directory - Offering Wholesale South African Yellow Maize from South Africa Yellow Maize Manufacturers, Suppliers and Distributors at TradeKey.com Wholesale African yellow maize ☆ Find 45 African yellow maize products from 26 African manufacturers & suppliers at EC21 ☆ Choose quality yellow maize Manufacturers, Suppliers & Exporters in South Africa Now - EC21 Provides a platform for price discovery and efficient price risk management for the grains market in South and Southern Africa; We believe that there has been a market correction, and the price increases observed were a temporary blip. The cheapest ... 18 days ago. View SA Grain Des 2020 / Jan 2021 eBook. Admin: Co-Workers. Cereal exports expected to grow significantly in 2020/21. White maize prices increased by 24% overnight to R3,981 per tonne, a price level as high as last seen in 2016. Month Previous ... 12/2/2020 10:40:14 * Previous day closing prices (trading opens at 09h00) * 15 min delayed data supplied by JSE and Reuters. Therefore, prices could pull back as soon as the early producer deliveries come into the market to replenish the stocks. The cheapest offer starts at R 18 000. Meanwhile, yellow maize consumption is estimated at 4.8 million tonnes, against the production of 6.3 million tonnes. SAGIS Information / Data. These volatilities will self-correct, as a new supply of maize hits the market. Prices could then decline further towards long term average levels of around R2,400 per tonne or below. ― Brian BrettA profession of hope, Copyright 2017 | Designed and Maintained by Thoughtcorp, INDEPENDENT PLATFORM TO REPORT IRREGULARITIES IN THE GRAIN INDUSTRY, Oliesade: Plaaslike pryse vs Pariteitspryse / Oilseeds: Local prices vs Parity Prices, Somergrane: Plaaslike pryse vs Pariteitspryse/Summergrains: Local prices vs Parity Prices, Wintergrane: Plaaslike vs Pariteitspryse/Wintergrains: Local prices vs Parity Prices, SAGIS: Koring Weeklikse Invoere en Uitvoere, SAGIS: Mielies Weeklikse Invoere en Uitvoere, SAGIS: Mielies Produsente Lewerings / Maize Producer Deliveries. Explore 8 listings for Maize in South Africa at best prices. Simply put, this means for every one percentage movement in the rand against the US dollar, the South African maize prices move by 15% (see Exhibit 1). Each ton of grain produced removes 15,0 to 18,0 kg of nitrogen, 2,5 to 3,0 kg of phosphorus and 3,0 to 4,0 kg of potassium from the soil. Read more. Maize producers in South Africa supply their yellow and white maize to various companies. maize plant is 8,7 g of nitrogen, 5,1 g of phosphorus, and 4,0 g of potassium. This data clearly shows that South Africa has more than enough maize in the marketing year, which begins in May 2020 and ends in April 2021. Newsletters you 'd like to receive, the movement in maize market have to go after it a... Was extraordinary in the South African maize market and nutritious yellow maize being made available maize... Self-Correct, as a new supply of maize in South Africa massive amount, and the in... Prices and the crops in the country will have at least 2.4 tonnes! Genetically modified maize imports first, the movement in maize market / 2021! 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