Term: AGRICULTURAL PRODUCTS DIVISION

A division of the JSE that runs spot and derivatives markets in agricultural grain products. The main products are soya beans, wheat, sunflower and maize (yellow and white). In the spot market these commodities are traded for immediate delivery while in the futures market, contracts are traded to supply at the end of each quarter. These markets are heavily influenced by the prices of equivalent commodities on international markets – and by the rand/dollar exchange rate. For more information  on these markets go to: https://www.jse.co.za/trade/derivative-market/commodity-derivatives/agricultural-derivatives.

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