Johannesburg, May 15 (I-Net Bridge) - South African maize futures ended mixed on Tuesday in lacklustre trade.
The near-dated May 2012 white maize contract gained R3 to R2,055 per ton, July 2012 white maize lifted R8.20 to R2,047.20 per ton, and September 2012 white maize was unchanged at R2,067 per ton, according to preliminary I-Net Bridge data.
The near-dated May 2012 yellow maize contract was down R3 to R1,977 per ton, but the July 2012 yellow maize contract inched up R2 to R2,004 per ton and the September 2012 yellow maize contract was unchanged at R2,030 per ton.
The May wheat contract edged up R8 to R2,727 per ton, July wheat was up R7 to R2,773 per ton, while the September 2012 wheat contract rose R14 to R2,826 per ton.
Meanwhile, US soybean futures fell on Monday, continuing to spiral lower as investment funds renewed their interest in trimming risk from the market.
Soybeans slumped to close at a fresh six-week low, as speculative funds sold futures to exit long positions amid global economic worries.
Soybeans for July delivery closed down 19 cents to US$13.87 a bushel at the Chicago Board of Trade.
Soybean prices were down 4.3% in the last two trading days, as the market corrected after peaking near a four-year high recently.
In other markets, corn and wheat ended mixed, with some support from traders unwinding spreads that were long soybeans and short corn or wheat.
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