Agri­cul­tural fu­tures

The Star Early Edition - - MARKETS -

DO­MES­TIC white maize fu­tures for de­liv­ery in De­cem­ber shed 0.3 per­cent to R2 007 a ton by the noon close on the SA Fu­tures Ex­change yes­ter­day.

The yel­low va­ri­ety was un­changed at R2 060 a ton.

Wheat fu­tures for De­cem­ber lost 0.5 per­cent to R3 673 a ton.

In Chicago, maize fell for a third day as a record har­vest neared com­ple­tion in the US.

Of maize in the main US grow­ing ar­eas, 89 per­cent was har­vested as of Sun­day, the US Depart­ment of Agri­cul­ture said on Mon­day. It ex­pects US farm­ers to pro­duce a record 14.407 bil­lion bushels (365.9 mil­lion tons). – Bloomberg

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