Commodity prices have decreased considerably compared with a year ago for grains and oilseeds, with double-digit decreases seen for South African maize, wheat, soya bean, and sunflower seed prices.
Local production sentiments, however, remain optimistic at the onset of the 2023/24 summer crop season, even with weather risks on the back of the El Niño weather phenomenon.
MAIZE
The US maize crop harvest progressed faster than usual at the end