SA corn and wheat show declines

Comment on this story
Copy of CornField Reuters

Johannesburg - Corn and wheat futures declined in Johannesburg by the midday close.

White corn fell 0.5 percent to 2,157 rand ($201) a metric ton on the South African Futures Exchange. The yellow variety lost 0.04 percent to 2,244 rand a ton.

South Africa is the continent's largest producer of corn. White corn is the source for a meal that's a staple food in the country, while the yellow variety is mainly fed to animals.

Wheat dropped 0.1 percent to 3,901 rand a ton.

The nation is a net importer of wheat and sub-Saharan Africa's largest grower after Ethiopia, according to the U.S. Department of Agriculture.


sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.