Wheat, maize prices falling, but South Africans face pricier food in coming months | Fin24

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Wheat and maize prices are falling fast after they spiked following the shock of the Ukraine war, but South Africans will still face climbing food prices in coming months.

It is unlikely that grain prices will return to pre-war levels, due to factors like drought in South America, East Africa, and Indonesia and rising demand for grains in China.

Wheat and maize prices are falling fast after they spiked following the shock of the Ukraine war, but South Africans will still face climbing food prices in the coming months.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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