safex white maize price today

Mar 14, 2021   |   by   |   Uncategorized  |  No Comments

If you can not find the required information, please contact our CSC on 011 520 7777 or e mail customersupport@jse.co.za . Yellow maize for delivery in July declined 0.8% to R2 270 rand a tonne. During the Announcement. We’ve achieved steady growth, reaching clients in all sectors of the agricultural production and processing industry for the last 25 years. Graph 1 illustrates trends of white maize prices in South Africa. If you want to stay informed by e-mail, please let us know by checking the box below. White maize is one of South Africa’s biggest staple foods and is consumed by almost every household in the country. 15.04.2019 14:13. Table 1: Weekly average yellow maize futures and estimated option prices Table 2: Weekly average white maize futures and estimated option prices Yellow Maize Futures: 21 June 2017 July-17 Sep-17 Dec-17 Mar-18 CBOT ($/t) 145.17 148.32 152.26 156.00 SAFEX (R/t) 1892.00 1939.00 2011.00 2055.00 SAFEX (R/t) 15.00 Change week on week The March contract for white maize added almost 2.6 percent to a new record of 4,781 rand a tonne. Number one Maize Suppliers in South Africa. HAS Maize Mills is reputable Yellow and White Maize exporter and trader. The Grain SA Congress for 2021 will be presented on a virtual platform due to COVID restrictions. The JSE Commodity Derivatives Market provides a platform for price discovery and efficient price risk management for the ... to manage their price risk in the underlying physical market. GroCapital’s Broking division offers clients (individuals or companies) a facility to hedge price risk of agricultural commodities on the JSE Commodity Derivative Market (SAFEX) and currency risk on the JSE Currency Derivative Market (Yield-X), by making use of futures and options transactions. All data and information provided by the JSE, except as otherw ise indicated, is proprie tary to the JSE. Refresh. Maize,Soya,Wheat. The live Safex Token price today is $0.014057 USD with a 24-hour trading volume of $11,296.13 USD.. Safex Token is down 4.72% in the last 24 hours. Stay informed about Pannar products, services and other offerings. This phenomenon changes when a surplus of white maize is produced, as was the case in the 2017/2018 marketing season. SAFEX May'20 White Maize R 2,469 R 2,362 R 107 EUR/USD $ 1.1168 $ 1.0998 ... South African (SA) maize prices traded higher for White Maize and Yellow Maize for March 2020 and May 2020 this past week with the possible reason for the price increase being that SAFEX established its Agricultural Markets Division (AMD) in 1995, when the trading of beef futures contracts commenced. This, coupled with relatively low US prices, has resulted in Safex prices at or close to export parity. Weight: 50, 25, 10, 5, 2, 1 Dimension: 500x250m. The day’s high was the highest price for a most-active contract since trading began in August 1996. The symbology for a future contract is [FUTURE ROOT][MONTH CODE][2 DIGIT YEAR] For example: @ESZ15 = Emini S&P 500 December 2015 Future Contract ... WHITE MAIZE GRADE 2 MARCH 2021: Sagis calculated a maize export parity price of R1 647 (Durban) on 7 August this year. This is because yellow maize is … Weight: 50, 25, 10, 5, 2, 1 Dimension: 500×250. SAFEX Yellow maize. Leaders in the South African grain industry through the development of professional grade internally developed IT systems SA maize prices scale new peaks as drought bites. The SAFEX maize market started yesterday’s trade session on positive footing but lost ground towards the end of the day and settled in negative territory, with the exception of white maize spot price. APEDA, manages this agri exchange site to provide access to indian exporters and buyers across the world on promoting export of agriculture and processed foods from india, strengthening the competitiveness of Indian Agriculture and Processed Food Industry, and ensuring dissemination of maximum information about the trading countries and products. SAVI White Maize The South African Volatility Index (SAVI) for white maize is a forward-looking index that makes a daily prediction of market volatility in three months’ time. Uses of Maize: Maize is widely used as food/feed and provides raw material for food industry in South Africa. The current CoinMarketCap ranking is #642, with a live market cap of $26,511,172 USD. 2 Yellow maize for last week settled at US$180.92/ton 3.67 percent below the previous week’s price of US$187.82/ton. We supply YM1 grade yellow maize. White maize can also be used in the feed market, depending on the price. 11.41 KB. Contract Prices These are prices that are set above market prices and established as an incentive to get farmers to sign Contracts and/or produce certain crops like cowpeas, beans and groundnuts. While white maize is the most consumed, yellow maize suppliers are still responsible for producing the most maize product each year. white maize, yellow maize, cotton and oil (Macmillan, 2003:69). Wheat We offer Human consumption and animal feed grade from South Africa. Crush Maize. You could find it useful if, for instance, you are a maize producer or wish to ... Trading Dates Quanto White Maize. The producer staggered floor price for white maize grain is calculated by the Namibian Agronomic Board (NAB) per annum, based on the South African Futures Exchange (SAFEX) 5-year average formula, as agreed upon by organised producers and processors in the white maize marketing agreement. It enables maize producers, investors and other market participants to gauge volatility and sentiment relating to the local white maize … Call Centre: 0860 SANLAM / 0860 726526 General Enquiries: +27 (0)21 947 9111 This was largely underpinned by increased commercial selling, and also spillover from lower Chicago maize prices. Subtracting R400 railage, this is R1 200 at Randfontein. The value chain of the white maize … Yellow and White Maize considered as equal in terms of protein, energy and mineral value. Crushed Maize Products Whole Maize. C oupled with the SA Reserve Bank governor, Tito Mboweni, opting not to increase interest rates for now, consumers have reason to feel more optimistic about food prices. Maize Suppliers SA. Description. We have a strong footprint in Gauteng (Johannesburg), Limpopo, Mpumalanga, and … Farmwise Grains (Pty) Ltd was established in 1994 by farmers, financial services professionals and agricultural experts in collaboration. All Share (J203) = 68 210. The average international price on Safex price of US No. Disclaimer. The very best maize for sale in South Africa is supplied by the very best companies, like Maize Suppliers. 2021/03/15 02:15 AM . The spot price peaked at the beginning of January 2016 and rapidly increased even further to above import parity in March 2016. The average spot price for white maize started to increase in December 2015. Source: SAFEX (2015 & 2016) Market future prices, production and production area estimates Future market prices slightly recovered during trade in the months of Feb 2016, as both yellow maize and wheat Feb’16 YES, I wish to receive product and/or promotional communications. We are proud to offer our clients a selection of top quality GMO maize and maize products. Source: Safex COTTON Highlights International cotton prices are still bowing to the gravitational pull as China still sticks to utilization of its local cotton. View the latest SAFEX price. Rand Agri is a bulk grain trader – from the farm gate to the consumer’s plate. In the past white maize normally traded above yellow maize prices. SAFEX Dec'20 White Maize R 3,102 R 3,035 R 67 EUR/USD $ 1.1894 $ 1.1795 SAFEX Sep'20 Yellow Maize R 3,061 R 2,979 R 82 ZAR ... South African (SA) maize prices traded higher for White Maize and Yellow Maize this past week due to higher international prices. The major grain produced in other parts of the world is yellow maize (corn) produced exclusively for animal feed. We crush our whole maize on site with a roller mill. ... White maize (Only exchange in the world where White “Corn” is listed) 2021 VIRTUAL CONGRESS. We specialise in trading grains, including (but not limited to) genetically and non-genetically modified grains (non-GMO), oil cakes and yellow maize raw materials (such as super fine yellow maize meal, supper yellow maize meal, snack maize, grits, cornstarch and hominy chop), across southern Africa. During the first quarter of 1996, a total of 485 maize contracts were traded. Figure 4.1 presents the numbers of maize contracts traded on Price and service is a potent combination." Prices: Today Prices: Historic Market Reports Grainlink App Links & Help SAFEX CBOT KCBT Exchange Rates (Wisselkoerse) Oil & Metals (Olie & Metale) 3/12/2021 01:55:04 [15 minute delayed data] ... Commodity Market: SAFEX Back To Previous Page. To join this year's Congress, guests … Open a FREE trading account online. In February 1996 white maize- and yellow maize futures contracts were introduced to the market. Safex is predicting a dramatic drop in white and yellow maize prices by July, based on the good rains and the large areas planted to maize. Last month, yellow maize was selling at R1 822 on Safex, increasing to R1 914 for May 2015. Rand / Dollar = 14.99. The average spot price for white maize was at R3 988/ton in December 2016. A Brokering Member of the Johannesburg Securities Exchange. Safex (South African Futures Exchange) View the LIVE prices of all futures contracts incl. White maize is exclusively produced in Namibia for human consumption and is one of Namibia’s staple grains and, a controlled product. SFT Price Live Data. White maize is … The agricultural futures market in South Africa was established during the 1995/96 season. Description. producer prices paid might be more expensive than the prices received for maize in a given year. Home >> Market Prices & Reports.

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