"The market is very quiet although we are seeing a bit more selling in the market because the maize prices have dipped below the important psychological level of US$2‚300‚" a local trader said.
At midday‚ the September white maize contract was down R23 at R2‚281 a ton‚ the December white maize contract gave back R22.80 to R2‚296.20 a ton‚ and the March 2014 white maize contract weakened R33.00 to R2‚275 a ton.
September yellow maize closed R25 lower at R2‚085 a ton‚ the December yellow maize contract retreated R13 to R2‚133 a ton and the March 2014 yellow maize contract dipped R12.60 to R2‚115 a ton.
September wheat closed R19 lower at R3‚340 per ton‚ December wheat edged down R4 to R3‚350 per ton and March 2014 wheat dipped R1 to R3‚418 per ton.
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