Agri­cul­tural fu­tures

The Star Early Edition - - MARKETS -

SOYA beans for March de­liv­ery dropped 0.4 per­cent to R6 210 a ton on the SA Fu­tures Ex­change yes­ter­day.

Soya beans fell for a sev­enth day, match­ing the long­est run of de­clines since April 11 2014.

“Soya bean-plant­ing ar­eas have been re­ceiv­ing good rain­falls over the past few weeks and the crops are look­ing fairly well,” Wandile Sihlobo, an econ­o­mist at Agri­cul­tural Busi­ness Cham­ber, said in an emailed re­sponse to ques­tions.

White maize rose for the first day in six, up 2.9 per­cent, or the most since De­cem­ber 2, to R3 547 a ton. Yel­low maize gained 1.2 per­cent to R3 266 a ton, the high­est since Novem­ber 25.

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