Industry News – SAFDA https://sa-fda.org.za South African Farmer's Development Association Thu, 21 May 2026 09:50:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://sa-fda.org.za/wp-content/uploads/2022/01/cropped-icons-32x32.png Industry News – SAFDA https://sa-fda.org.za 32 32 May 2026 RV Price Update https://sa-fda.org.za/2026/05/21/may-2026-rv-price-update/ Thu, 21 May 2026 09:48:57 +0000 https://sa-fda.org.za/?p=6555 The RV price payable at the end of May 2026 for the 2026/2027 season increased to R6 750,75 per ton of RV, up by R75,34 from the previous month’s declared price of R6 675,41 per ton.

The upward movement was largely driven by stronger global sugar prices and a weaker Rand/Dollar exchange rate. The weighted average No.11 world market price rose to US16,51c/lb from US15,34c/lb, while the weighted average exchange rate weakened to R16,46 against the US Dollar.

Industry estimates further indicate that the most likely RV price for the 2026/2027 season remains around R6 751 per ton, with projections ranging between R6 526 and R7 047 depending on market conditions.

For full RV price reports : https://sa-fda.org.za/rv-price/

]]> April 2026 RV price declared https://sa-fda.org.za/2026/04/16/april-2026-rv-price-declared/ Thu, 16 Apr 2026 13:25:00 +0000 https://sa-fda.org.za/?p=6509 The RV price payable at the end of April 2026 for 2026/2027 season cane deliveries up to the end of March 2026 has been declared at R6,675.41 per ton. This marks a decrease of R810.69 per ton compared to the final declared RV price of R7,486.09 per ton for the 2025/2026 season.

The decline was mainly attributed to a downward revision of the Local Market Demand Estimate (LMDE) by 176,743 tons, which reduced local market proceeds by approximately R2.5 billion. The stronger LMDE recorded during the 2025/2026 season was largely influenced by the reintroduction of carry-over tonnages.

For full RV price reports : https://sa-fda.org.za/rv-price/

]]>