Market Watch. Maize is the most important grain crop produced in South Africa. 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 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. The rand is currently undervalued because of the rapid rise in Covid-19 cases. Non-SAGIS Info “Farming is a profession of hope” Select which newsletters you'd like to receive, The weakening of the rand against the US dollar (USDZAR); and. First, the movement in maize market prices is closely related to the exchange rate shift. 2021/01/07 12:03 AM . We believe this could be towards the end of April 2020. The short answer is no. Ultimately, interventions are not needed to curb white maize price volatilities. Grain SA is an autonomous and voluntary commodity organisation. Read more. ~ Jack London, Please sign in or register to enable this feature. No other crop utilises sunlight more effectively than maize, and its yield per … 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 For the coming week, the average price of porkers is expected to move sideward/upward. Current Price of Maize Per Ton in Nigeria. 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. Provides a platform for price discovery and efficient price risk management for the grains market in South and Southern Africa; 3. 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. From Pasture and yellow maize, vegetables, raised with non-GMO feed (not broiler feeds). Healthy and nutritious yellow maize price per ton of corn. We are maize manufacturers, we export yellow and white corn to various markets around the world.NON-GMO-GRADE - Grade #1 YELLOW CORN/WHITE CORN (Human Consumption)Product Specifications:Moisture 14.5% MaxDamaged kernel 5.0% Max (Include heat damaged kernels 0.2%Max)BCFM ( Broken Kernel & Foreign Material) 3% MaxTotal Aflatoxin (B1+B2+G1+G2) under … With that said, it is worth noting that the volume of white maize exported thus far is still below the expected total white maize exports for the 2019/20 marketing year of 1.1 million tonnes (marketing year ends in April 2020). Health parot food . There are many great benefits to being a Maverick Insider. According to UN Comtrade, the export of maize from South Africa was 1,000 thousand metric ton in 2016, which increased to 1,155 thousand metric ton in 2019. The price of a ton of maize has seen dramatic changes over the years. In South Africa, the price levels of yellow maize reached today their highest for this year. A customer pays for maize in a shop in Soweto south west of Johannesburg (Gallo) donald food. 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. Ordinarily, with the second biggest maize harvest on record expected, maize prices would be expected to fall to levels below R2,000 per tonne, but we doubt this will be the case due to a weakening of the rand against the dollar. The country will have at least 2.4 million tonnes available as an exportable surplus. SAFEX Yellow maize. The JSE currently offers Futures and Options on white maize, yellow maize, ... soya beans and sorghum. This means as currency weakens the maize prices tend to rise. 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 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. 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. Check it out! ― 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. 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. 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). Price Average Price Yellow maize R 2 448.50 R 3 716.86 R 3 289.22 -11.5% 34.3% ... JSE futures prices per ton as at 19 April 2016. By the time you are reading this, the Cape harvest should be completed and the crops in the north should be planted. This was followed by a drastic increase in South Africa’s maize exports to Zimbabwe as illustrated in Exhibit 3 below. White maize prices increased by 24% overnight to R3,981 per tonne, a price level as high as last seen in 2016. 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. The cheapest offer starts at R 18 000. 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. 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… Data shows that the correlation between maize prices and the exchange rate over the past year is 79%. This means the South Africa consumer will not necessarily be disadvantaged by the current volatility. Therefore, prices could pull back as soon as the early producer deliveries come into the market to replenish the stocks. View SA Grain Des 2020 / Jan 2021 eBook. 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. exported surpluses to other African nations. A ton currently costs between N92,000 and N120,000 across various markets in the country. Such import need forced the lawmakers to lift the ban on the importation of genetically modified maize imports. Trailing Zimbabwe was Botswana with 19% and Namibia with 18%. That is a massive amount, and not a gram goes to waste. We believe that there has been a market correction, and the price increases observed were a temporary blip. SA Grain Des 2020 / Jan 2021. 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. Explore 4 listings for Maize for sale South Africa at best prices. These are. These volatilities will self-correct, as a new supply of maize hits the market. US $190.00-$290.00 / Metric Ton. 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. 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… You have to go after it with a club." 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. White and Yellow Maize ... “Our current production is 12 000 ton per month “ Maize is one of those wonderfully versatile products. Rising demand from the region, primarily Zimbabwe, among other factors. 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. Last Updated 08 Jan 2021 11:35:02. Prices to remain firm until planting season ​ In the near future, prices are not expected to fall – Grain SA’s future price estimates for yellow corn are $199/ton for September, increasing to $204/ton going into 2020 before dipping below $200/ton again by May. Against this backdrop, our preference would be that policymakers monitor these (white) maize price movements over the next two weeks, and they shouldn’t put any regulatory measures in place. The question some might be confronted with is, should such price moves be a concern to the extent that policymakers might need to intervene in the market by setting a price cap? Cereal exports expected to grow significantly in 2020/21. That is 7.7 million tons of white maize and 6.2 million tons of yellow maize being made available by maize suppliers in South Africa. Maize producers in South Africa supply their yellow and white maize to various companies. maize plant is 8,7 g of nitrogen, 5,1 g of phosphorus, and 4,0 g of potassium. Foodstuff Prices in Nigeria Today (Complete List) Current Price of Bag of Rice in Nigeria; Basmati Rice Price in Nigeria 2019 Made in South Africa Yellow Maize Directory - Offering Wholesale South African Yellow Maize from South Africa Yellow Maize Manufacturers, Suppliers and Distributors at TradeKey.com 2 Yellow, FOB Gulf of Mexico, U.S. price, US$ per metric ton Price in US$ per bushel: 3.82 As of: Friday, August 21, 2020 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 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. Explore 8 listings for Maize in South Africa at best prices. DM, "You can't wait for inspiration. Admin: Co-Workers. Annually in South Africa, maize suppliers produce and distribute around 14 million tons of produce. The most fundamental point is that the supply of maize in the South African market remains stable. Meanwhile, yellow maize consumption is estimated at 4.8 million tonnes, against the production of 6.3 million tonnes. ... Mielies Produsente Lewerings / Maize Producer Deliveries: PDF 59 KB : More Reports. Grain SA provides commodity strategic support and services to South African grain producers to support sustainability. US $187.00 / Tonne. 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. R 79 . 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. Monday 23 March 2020 was extraordinary in the South African maize market. The path ahead for South Africa’s maize prices. Maize (corn), U.S. No. 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. ... 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 … 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. 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. Morningside, Durban Central and Cbd. Isn’t it just great that the rain has come in time? SAGIS Information / Data. Related. Refresh. Prices could then decline further towards long term average levels of around R2,400 per tonne or below. 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. 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. Corn Price Per 1 m³ 140.75 ... GBP per Ton 1/7/21 11:55 AM ... Chinese demand, the US Dollar, and climate. Peking Ducks sale: Free range, Organic. Dried Yellow maize From South African Cheap Price NK Agro Trade and Logistics Services pty ltd US $200.00 / Ton 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. 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. Click here to see other benefits and to sign-up to our reader community supporting quality, independent journalism. The cheapest ... 18 days ago. Monday 23 March 2020 was extraordinary in the South African maize market. 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. Source: JSE, Bloomberg and Author’s calculations. 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. Home >> Market Prices & Reports. Mielies Produsente Lewerings / maize Producer Deliveries come into the market to replenish the stocks, as a new of... 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