In the past white maize normally traded above yellow maize prices. Weight: 50, 25, 10, 5, 2, 1 Dimension: 500×250. This, coupled with relatively low US prices, has resulted in Safex prices at or close to export parity. All data and information provided by the JSE, except as otherw ise indicated, is proprie tary to the JSE. Subtracting R400 railage, this is R1 200 at Randfontein. ... Commodity Market: SAFEX Back To Previous Page. 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. Description. 15.04.2019 14:13. 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. Price and service is a potent combination." We have a strong footprint in Gauteng (Johannesburg), Limpopo, Mpumalanga, and … The average spot price for white maize was at R3 988/ton in December 2016. View the latest SAFEX price. Yellow maize for delivery in July declined 0.8% to R2 270 rand a tonne. We supply YM1 grade yellow maize. Weight: 50, 25, 10, 5, 2, 1 Dimension: 500x250m. The March contract for white maize added almost 2.6 percent to a new record of 4,781 rand a tonne. In February 1996 white maize- and yellow maize futures contracts were introduced to the market. The Grain SA Congress for 2021 will be presented on a virtual platform due to COVID restrictions. 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. If you want to stay informed by e-mail, please let us know by checking the box below. producer prices paid might be more expensive than the prices received for maize in a given year. The value chain of the white maize … SAFEX Yellow maize. 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. To join this year's Congress, guests … SA maize prices scale new peaks as drought bites. 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. 11.41 KB. The major grain produced in other parts of the world is yellow maize (corn) produced exclusively for animal feed. Wheat 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. White maize is one of South Africa’s biggest staple foods and is consumed by almost every household in the country. Disclaimer. The current CoinMarketCap ranking is #642, with a live market cap of $26,511,172 USD. 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 This was largely underpinned by increased commercial selling, and also spillover from lower Chicago maize prices. Yellow and White Maize considered as equal in terms of protein, energy and mineral value. 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: 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. We are proud to offer our clients a selection of top quality GMO maize and maize products. Number one Maize Suppliers in South Africa. Maize Suppliers SA. White maize can also be used in the feed market, depending on the price. Open a FREE trading account online. YES, I wish to receive product and/or promotional communications. 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. We’ve achieved steady growth, reaching clients in all sectors of the agricultural production and processing industry for the last 25 years. If you can not find the required information, please contact our CSC on 011 520 7777 or e mail customersupport@jse.co.za . Description. The spot price peaked at the beginning of January 2016 and rapidly increased even further to above import parity in March 2016. The very best maize for sale in South Africa is supplied by the very best companies, like Maize Suppliers. 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. Maize,Soya,Wheat. Crushed Maize Products Whole Maize. Safex (South African Futures Exchange) View the LIVE prices of all futures contracts incl. Rand Agri is a bulk grain trader – from the farm gate to the consumer’s plate. Refresh. 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. Figure 4.1 presents the numbers of maize contracts traded on 2021/03/15 02:15 AM . Uses of Maize: Maize is widely used as food/feed and provides raw material for food industry in South Africa. Rand / Dollar = 14.99. 2021 VIRTUAL CONGRESS. We crush our whole maize on site with a roller mill. Farmwise Grains (Pty) Ltd was established in 1994 by farmers, financial services professionals and agricultural experts in collaboration. ... White maize (Only exchange in the world where White “Corn” is listed) The average international price on Safex price of US No. Graph 1 illustrates trends of white maize prices in South Africa. Stay informed about Pannar products, services and other offerings. Crush Maize. 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 White maize is exclusively produced in Namibia for human consumption and is one of Namibia’s staple grains and, a controlled product. The average spot price for white maize started to increase in December 2015. 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 We offer Human consumption and animal feed grade from South Africa. White maize is … This is because yellow maize is … SFT Price Live Data. Announcement. Home >> Market Prices & Reports. You could find it useful if, for instance, you are a maize producer or wish to ... Trading Dates Quanto White Maize. The agricultural futures market in South Africa was established during the 1995/96 season. It enables maize producers, investors and other market participants to gauge volatility and sentiment relating to the local white maize … 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] white maize, yellow maize, cotton and oil (Macmillan, 2003:69). SAFEX established its Agricultural Markets Division (AMD) in 1995, when the trading of beef futures contracts commenced. The day’s high was the highest price for a most-active contract since trading began in August 1996. Leaders in the South African grain industry through the development of professional grade internally developed IT systems 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. All Share (J203) = 68 210. This phenomenon changes when a surplus of white maize is produced, as was the case in the 2017/2018 marketing season. 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. While white maize is the most consumed, yellow maize suppliers are still responsible for producing the most maize product each year. During the first quarter of 1996, a total of 485 maize contracts were traded. Last month, yellow maize was selling at R1 822 on Safex, increasing to R1 914 for May 2015. During the 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. Source: Safex COTTON Highlights International cotton prices are still bowing to the gravitational pull as China still sticks to utilization of its local cotton. Sagis calculated a maize export parity price of R1 647 (Durban) on 7 August this year. HAS Maize Mills is reputable Yellow and White Maize exporter and trader. Call Centre: 0860 SANLAM / 0860 726526 General Enquiries: +27 (0)21 947 9111 A Brokering Member of the Johannesburg Securities Exchange.