It was a buyer’s market in the open market last week. Prices plunged across grains commodities with Soybean topping the laggard chart, declining c.7% week-on-week. On the Exchange, Sorghum and Soybean declined 3% and 0.09% respectively in the last trading week.

Total volume traded stood at 6 million contracts, declining by 38% w-o-w. The AFEX Export Index gained 3.97%, outperforming other indexes w-o-w.