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South African Soybean, Corn Futures Drop as Prices Fall in U.S.
date:Jan 04, 2013
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Corn declined for a second day on the Chicago Board of Trade, losing 0.8 percent to $6.85 a bushel, the lowest level since July 3. Soybeans fell for a third day, heading for the lowest closing level since June 22.

Chicago moved down strongly and pushed our prices lower, Benjamin Swanepoel, a trader at Trademar Futures (Pty) Ltd., said by phone from Johannesburg. The rand started declining today and helped to prevent even lower local prices.

The rand lost 1 percent to 8.5755 per dollar by 1:

12/24 00:59