The weather remains a primary focus in the South African agricultural markets as planting progresses in the summer rainfall areas.
The South African Weather Service, in its Seasonal Climate Watch, indicated that the summer crop growing areas of the country could receive above-normal rainfall between November 2017 and February 2018. This will support crops from germination to pollination stages of development.
The market ended the week (3 November 2017) on a mixed footing. The maize and wheat prices were in positive territory partly supported by the weaker domestic currency, commercial buying interest and higher Chicago prices.
Soya bean and sunflower seed prices remained under pressure due to the expected increase in area plantings in the 2017/2018 production season.
The fruit and vegetable prices were up and down during the week with daily stock levels driving the market. The SAFEX beef carcass market remained flat this week due to thinly traded volumes.