This could be a spanner in the works for some grain bears…The Rand weakened approximately 2% from the grain session close to R14.73/$ after Futuregrowth Asset … Read More
South Africa imported 140,328t of corn for the week ending August 26th. White maize made up 44,976t imported from Mexico whilst yellow maize made up 95,352t … Read More
The weekly U.S. crop progress report showed the corn ‘good-to-excellent’ rating remain unchanged week over week at 75% as shown in the graph below. Corn in … Read More
Recent volatility development for the DEC16WMAZ contract
2015/16 to 7.297mil t vs prev estimate of 7.261mil t and vs a survey expectation by Reuters and Bloomberg of 7.2 & 7.26mil t. White maize … Read More
South African maize producer deliveries for the week ending Aug 19th came in at 210,058t and vs last week’s 240,779t. White maize delivered made up 145,574t … Read More
The Rand shot higher, weakening more than 50cents against the Dollar, late yesterday afternoon after it was reported on a news website that the Hawks had … Read More
The most recent U.S. crop progress report showed a 1% increase to 75% for U.S. corn ‘good-to-excellent’ rating vs an expectation that we could’ve seen a … Read More
Below is a 1hr chart portraying the trade action for DEC16CORN (ZCZ2016 contract traded in Chicago). U.S. corn prices for the December contract was unable to … Read More
A quick look at what the MRT17W/JUL17WMAZ spread has done since the last update: The spread opened a good R343 over the past 2 weeks as … Read More