One key factor that shaped South Africa’s grain and oilseed price performance this week was the recovery of the rand against the US dollar.
South Africa’s 2020/21 summer grain and oilseed planting season should begin in areas with sufficient soil moisture from the end of this week, which will be the start of an optimal planting window in the eastern regions of the country
The war in Ukraine is threatening further disruption to already stretched supply chains.
The pain in the soft or agricultural commodities sector started in 2020, when a Covid-induced supply chain disruption scenario drove soft commodity prices higher.
Commodities play a crucial role in global trade, serving as the backbone of many economies.