Agri­cul­tural fu­tures

The Star Early Edition - - MARKETS -

WHEAT fu­tures for de­liv­ery in De­cem­ber fell 0.3 per­cent to R3 690 a ton by the 12pm close on the SA Fu­tures Ex­change, after reach­ing a four-month high on Fri­day.

White maize for De­cem­ber dropped 0.1 per­cent to R2 014 a ton. The yel­low va­ri­ety fell less than 0.1 per­cent to R2 058.

Global wheat ad­vanced to trade near an 11-week high as in­vestors weighed the out­look for the Aus­tralian har­vest that be­gan last month and con­cerns freez­ing tem­per­a­tures in parts of the US may dam­age crops.

The con­tract for March rose 0.6 per­cent to $5.66 a bushel (R2 300 a ton) on the Chicago Board of Trade by 4.57pm in Sin­ga­pore. – Bloomberg

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