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  • Farmer's Weekly

    Strong gains for grain and oilseed prices in 2020

    Apr 09, 2021 3 minutes

    MAIZE

    The prices of both white and yellow maize saw substantial increases between June and October 2020.

    Since then, both commodities have traded in a band of between R3 700/t (the highest point at the end of October 2020) and R3 170/t (the lowest point in December 2020). The significant price run between June and October (see Graph 1) was a result of rapid price increases in global markets on the back of strong demand.

    The bulk of this demand

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