The spot price of white maize smashed through R3 000 a ton this week, up 51% from its mid-2017 harvest low. Similarly, yellow maize has touched R2 800 a ton, up from R1 850 in 2017.
US Kansas yellow corn prices decreased by 0.1% week on week.
In order to better comprehend the impact of rail cable theft on the maize industry, the importance of the maize export programme and the necessity of an efficient maize value chain have to be understood as well.