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futuresfacts.com | market headlines from the web

S. African White Corn Gains, Ending 6 Days of Losses

South African white corn rose for the first time in seven sessions in Johannesburg trading.

White corn gained 0.1 percent to 1,965 rand ($189) a metric ton by the midday close on the South African Futures Exchange. Yellow corn rose 0.1 percent to 2,097.20 rand a ton.

Cornmeal made out of the white variety is used to make a staple food known locally as pap, while the yellow type is mainly fed to animals.

Wheat dropped 0.2 percent to 4,020 rand a ton, the lowest since May 2.

To contact the reporter on this story: Tshepiso Mokhema in Johannesburg at This email address is being protected from spambots. You need JavaScript enabled to view it. Sharon Lindores, Nicholas Larkin

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Contributing Editors

  • adrian muller has conducted seminars for the chicago board of trade, including a key series in 1999 which cautioned about a top in the equity markets (see his article “top experts and statistics on the dow”). adrian muller has appeared on cable tv financial programs with analysis on the futures markets and equity market directional forecasts. he has been quoted in barron's, the wall street journal, and futures magazine.


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