Advertise with fastmoving.co.za
 
 

WHEAT NEWS ON FASTMOVING

Subscribe to wheat

SA set to remain a net importer of wheat

SA set to remain a net importer of wheat

09/05/2019 - 10:22
Despite improvements in production, the country will not be able to meet demand and imports could keep driving up food inflation. read more
Wheat import tariff nearly halves in March

Wheat import tariff nearly halves in March

09/04/2018 - 14:30
SA’s wheat import tariff has declined a hefty 45% to R394.85 per tonne, the Agricultural Business Chamber (Agbiz) said on Monday. read more
2016 wheat crop estimate is finalised at 1.91-million tonnes

2016 wheat crop estimate is finalised at 1.91-million tonnes

17/05/2017 - 12:56
The commercial wheat crop for 2016 has been finalised at 1.91-million tons, the Crop Estimates Committee said on Friday in its final estimate for the year. These figures are marginally higher than the previous report, released in February. read more
Higher wheat import duties mean bread will cost R1 more a loaf

Higher wheat import duties mean bread will cost R1 more a loaf

24/08/2016 - 14:58
A loaf of bread will cost South African consumers nearly R1 more to buy at the till following the approval of an increase in the import duty on wheat, according to the National Chamber of Milling. read more
Mixed views on effect of import duty on bread prices

Mixed views on effect of import duty on bread prices

21/07/2016 - 09:32
Johannesburg - There has been speculation that the price of bread is expected to rise following the imposition of a higher duty on the imported price of wheat. read more
Bread prices: Grain SA rejects tariff as reason

Bread prices: Grain SA rejects tariff as reason

12/04/2016 - 15:07
Johannesburg - Grain South Africa yesterday dismissed claims that the recent increases in the wheat import duty would fuel bread price increases, saying local bread companies had continued to increase prices even as international wheat prices fell. read more
Bread price likely to rise 10% after hike in wheat import duty

Bread price likely to rise 10% after hike in wheat import duty

11/04/2016 - 16:38
Bread prices are expected to rise at least 10% because of the 34% increase in the import duty on wheat announced by the Treasury on Friday (8 April). read more
SA to cut maize forecast

SA to cut maize forecast

24/02/2016 - 10:30
Johannesburg - South Africa will cut its maize forecast in the face of drought and late plantings that will hurt yields, a Reuters’ poll of five traders showed on Monday (20 Feb). read more
Egypt's wheat reserves to last until June - United Arab Emirates

Egypt's wheat reserves to last until June - United Arab Emirates

22/02/2016 - 11:19
Abu Dhabi - Egypt's strategic wheat reserves are enough to last until the start of June, Supply Minister Khaled Hanafi said in a statement on Saturday (20 Feb). read more
Price of imported rice declines - Ghana

Price of imported rice declines - Ghana

22/02/2016 - 09:39
For the third week of February, imported rice recorded the highest drop of twenty percent. read more
How are bread profits sliced up?

How are bread profits sliced up?

18/02/2016 - 15:12
Bread is an important staple food in South Africa and plays an integral role in ensuring national food security. The majority of consumers do not buy food directly from farmers, and the price they pay for food is exceedingly higher than what farmers receive for the raw commodity. read more
White maize hits one-month high

White maize hits one-month high

11/09/2014 - 10:49
Johannesburg - White maize in South Africa rose to the highest level in almost a month, as the rand fell, making imports more expensive. Wheat also advanced. read more
Soyabeans rise most in more than a week

Soyabeans rise most in more than a week

08/09/2014 - 10:20
Johannesburg - South African soyabeans rose the most in more than a week in Johannesburg. read more
Yellow maize resumes decline

Yellow maize resumes decline

03/09/2014 - 09:54
Johannesburg - Yellow maize has resumed its declines in Johannesburg to a three-year low. Wheat climbed. read more
Egypt has bought two million tonnes of local wheat

Egypt has bought two million tonnes of local wheat

15/05/2014 - 10:28
Cairo- the world’s biggest wheat importer, has bought around two million tonnes of local wheat since the start of the procurement season last month, the Supplies Ministry said yesterday. read more
July maize firmer due to lack of rain

July maize firmer due to lack of rain

13/11/2012 - 08:28
South African maize prices closed mixed‚ while wheat settled the Monday session lower due to weaker Chicago Board of Trade (CBoT) figures. read more
Ugly mutant virus threatens SA wheat

Ugly mutant virus threatens SA wheat

23/08/2012 - 09:56
With drought in the US, Europe and Africa threatening to send maize prices soaring, another threat to food prices has reached SA — Ug99, a variant of stem rust that could reduce wheat production levels. read more
 Soybeans, corn extend gains

Soybeans, corn extend gains

21/08/2012 - 07:57
Soybean and corn prices rose to their highest levels in 10 days on Monday amid the worst drought in half a century, with traders set to get fresh evidence of the extent of damage from the Midwest farm belt.  read more
SA Grains: Maize prices end session firmer

SA Grains: Maize prices end session firmer

08/08/2012 - 09:26
Johannesburg - Maize prices ended firmer on Tuesday‚ rebounding from a two-day losing run‚ which traders had attributed to some profit taking.  read more
 SA buys 35,000 tons of Russian wheat

SA buys 35,000 tons of Russian wheat

31/07/2012 - 09:33
A South African flour mill has made a rare purchase of about 35,000 tonnes of Russian-origin milling wheat, European traders said on Monday. read more
India prepares tough drought measures

India prepares tough drought measures

31/07/2012 - 08:16
New Delhi - Indian ministers will meet on Tuesday to discuss measures to deal with a feared drought, including curbs on commodity derivatives, extra subsidies to farmers and the distribution of seeds, but are not expected to ban farm exports. read more
Maize prices rally‚ eye CEC report

Maize prices rally‚ eye CEC report

23/07/2012 - 08:07
Johannesburg – Maize prices ended firmer for the third straight session on Friday‚ as markets players looked to the release of the sixth maize production forecast for 2012 on Tuesday. read more
Maize futures end session weaker

Maize futures end session weaker

08/06/2012 - 08:14
South African maize futures drifted lower on Thursday after a relatively positive start as rand/US dollar strength weighed on market performance for the second straight session. read more
US soy drops for 3rd day on euro zone concerns

US soy drops for 3rd day on euro zone concerns

10/05/2012 - 09:42
US soybeans fell for a third consecutive session on Wednesday, while corn and wheat dropped amid wider weakness in financial markets, a stronger dollar and risk-aversion ahead of a key US government crop report on Thursday.  read more
Maize futures rebound after selloff

Maize futures rebound after selloff

09/05/2012 - 07:38
South African maize futures finished the session higher on Tuesday, rebounding from a sharp selloff amid some bargain hunting. read more
US grains drop

US grains drop

08/05/2012 - 08:01
US grain futures dropped on Monday as investors fled riskier assets, after Greek and French polls stoked doubts that struggling euro zone economies could continue to pursue austerity measures crucial to resolving the bloc's debt crisis. read more
World food prices keep on rising - UN

World food prices keep on rising - UN

10/04/2012 - 08:36
Milan - Global food prices rose in March for a third successive month, driven by gains in grains and vegetable oils, the United Nations’ Food and Agriculture Organisation said on Thursday, putting food inflation firmly back on the economic agenda. read more
Consumers boost Western Cape

Consumers boost Western Cape

10/04/2012 - 08:05
Cape Town – The overarching economic picture in the Western Cape is positive, with some of the strongest consumer spending in the country.  read more
Taste for wheat is growing

Taste for wheat is growing

19/03/2012 - 09:25
Fundamental changes are in play in the world's wheat market and their consequences for South Africa's farmers could be startling. read more
Slowdown in spending hits Pioneer Foods

Slowdown in spending hits Pioneer Foods

19/03/2012 - 08:53
Pioneer Foods said in a trading update on Friday that revenue rose 13% in the five months to the end of February, but volumes fell by an average 4%-6% in the group’s product basket on lower consumer spending. read more
Maize futures dip on profit taking

Maize futures dip on profit taking

13/03/2012 - 08:06
South African maize futures ended mostly lower on Monday due to some profit taking following last week's strong gains.  read more
Maize futures gain on patchy rainfall

Maize futures gain on patchy rainfall

28/02/2012 - 08:27
South African maize futures rallied on Monday, lifted by patchy rainfall in key crop growing regions in the country. read more
US forecasts easing in food prices

US forecasts easing in food prices

24/02/2012 - 09:48
Arlington - Global crop prices will retreat sharply this year as farmers around the world expand production, bringing stability back to commodity markets and easing food inflation fears, the US government forecast on Thursday. read more
Weaker economy dampens food prices

Weaker economy dampens food prices

01/02/2012 - 07:37
Washington - Global food prices are set to decline further in 2012 as a weaker world economy dampens consumer demand while food supplies rise, the World Bank said on Tuesday, warning that a possible rise in oil prices could reverse the trend. read more
Penalties hit Pioneer’s performance

Penalties hit Pioneer’s performance

29/11/2011 - 08:11
Food group still required to pay fine of R200m for price-fixing, extraordinarily competitive landscape caused by competition settlement  read more
Wheat Shippers Battle for Sales as Global Grain Glut Expands: Commodities

Wheat Shippers Battle for Sales as Global Grain Glut Expands: Commodities

14/11/2011 - 09:26
France may lose its place as the second-biggest wheat exporter after failing to win more than a dozen tenders in Egypt, the world’s biggest buyer, as shipments from Russia, Ukraine and Kazakhstan overwhelm markets. read more
Droughts wilt wheat crops worldwide

Droughts wilt wheat crops worldwide

13/06/2011 - 11:39
The worst droughts in decades are wilting wheat fields from China to the US to the UK, driving prices to the highest levels since 2008 despite Russia’s return to grain export markets. read more