Below is a daily chart of the DEC16WMAZ contract showing the breakout from the downward trend, gap closed which was previous left at R3770 and possibly … Read More
The October CEC report showed producers intentions to plant South African maize in the 2016/17 marketing year up 26.5% from the previous season at 2.463mil ha … Read More
S. Africa imported 81,911t of maize for the week ending Oct 21st. White maize imports made up 25,249t from Mexico vs the prev week’s 6,544t whilst … Read More
The most recent U.S. crop progress report showed corn harvested at 61% vs the 5yr average of 62% and vs expectation of between 60% – 64% … Read More
Friday’s trade action saw December and March white maize prices rally limits higher for a second consecutive day on the back of talk that white ships … Read More
Below is a 4hr candle stick chart portraying the trade action for the DEC16CORN contract traded in Chicago. Corn prices tested resistance at $3.58 for a … Read More
Below is a line graph showing an update of the JUL17WMAZ/MAR17WMAZ spread, with July less March. The spread quickly closed R246 over the first two days … Read More
for the week ending October 14th came in at 49,678t. Yellow maize in amount of 43,134t was sourced from Argentina whilst 6,544t of maize were bought … Read More
This morning’s weather map surprised as conditions turned wetter, a day sooner, as shown in the map below. The North West province and the Free State … Read More
Chicago corn prices drifted higher over the course of Friday’s session as U.S. corn export sales remain strong this quarter. Corn exported for the latest week … Read More