South African maize prices maintained their record run into 2016, scaling historic highs on Monday amid growing drought concerns and rand weakness. The March contract for white maize added almost 2.6 percent to a new record of 4,781 rand ($307) a tonne while the same contract for the yellow variety climbed 1.8 percent to 3,677 rand a tonne. Prices for white maize, the … [Read more...]
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