South African maize deliveries pace confirms that we in line with the CEC estimates. Putting maize production well on it’s way of producing one of the … Read More
CBOT and Rand update for parity on the 22 June 2017.
Market open 30 rand lower on overnight parity move. But closed, close to opening after rand weakend dearing trading. Closing parity as below.
Market closed 13 rand up on parities on international market movements. Everyone in awaitng Feds, FOMC meeting anouncement on rates 20h00, local time.
Market parity moved 44 zar down from yesterday’s close. After rand and corn broke lower. Under key resistance levels. Corn down after better than expected weather … Read More
39.36825 x 3.8050 x 12.85 = 1924.88
First time we seen CBOT moved above resistance levels after it kept above the 100 day moving average, not been able to drop below this level.Planting progress is … Read More
We did a short route this year to see how the farmers were making progress. Below is as map of the route Just before … Read More
Below is a daily chart, for the DEC16WMAZ contract, showing a head-and-shoulders formation. In light of the limit-up close yesterday as well as the Rand which … Read More
November WASDE report, released yesterday afternoon, showed the following: U.S. corn production forecast came in at a record 15.23bil bu vs expected 15.04bil bu whilst the … Read More