S. African Sunflowers Climb to Highest in More Than 5 WksTshepiso Mokhema
Sunflower seed futures in South Africa rose to the highest level in more than five weeks in Johannesburg. Corn dropped, while wheat gained.
Sunflower seeds for delivery in December rose 1 percent to 4,515 rand ($409) a metric ton, the highest settlement for the contract since Aug. 12, by the midday close on the South African Futures Exchange.
White corn declined for a second day, losing 0.5 percent to 1,788.20 rand a ton, while the yellow type fell 0.2 percent to 1,834 rand a ton. South Africa is the continent’s biggest corn producer.
Wheat rose 0.2 percent to 3,671 rand a ton.