News Column

Agricultural futures

January 21, 2014

White maize for delivery in March had climbed 0.3 percent to R3 004 a ton by the end of trading in Johannesburg . It touched R3 039 during the session, the highest since trading started on the SA Futures Exchange in 1996. The yellow variety climbed 2 percent to a record R2 975 before closing 0.6 percent stronger at R2 934 a ton. South Africa will have a shortfall of 500 000 tons when the new harvest begins, according to Grain SA , which represents farmers. - Bloomberg The Star

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Source: Star, The (South Africa)

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