1887

n Farmer’s Weekly - Record high for SA wheat price : market analysis

Volume 2015, Issue 15046
  • ISSN : 0041-848X
USD

 

Abstract

The wheat price reached a 20-year record high of R4 544/t on 16 November, despite the global wheat price declining from US$220/t to US$208/t since August. If the price falls to US$10/t below the base price of US$222/t for three consecutive weeks, a further increase in the local tariff can be expected. The weak rand, the possibility of a further tariff increase and a smaller crop due to drought in the Swartland region, have resulted in the domestic wheat price enjoying strong support.

Loading full text...

Full text loading...

Loading

Article metrics loading...

/content/farmweek/2015/15046/EJC180449
2015-11-01
2016-12-10

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error