Commodity & Trade Updates

The DA anticipates improved local production in 2025, supported by favorable climatic conditions and higher stock carryover.

By implementing futures trading, ZMX seeks to offer both farmers and off-takers, such as millers, a tool for better financial planning and risk management.

The maize shortage is driving up costs, affecting both consumers and the livestock sector.

The price drop has been fueled by the influx of freshly harvested maize, with new stock entering the market at US$ 28.82 to US$ 34.58 per 50kg bag.

Total wheat consumption in 2025-26 is expected to reach 20.4 million tonnes, which would be up nearly 1.5% from 2024-25.