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Statistics South Africa reported that the average price of a 5kg bag of maize meal was R64.85 in September 2026, down from R75.46 in September 2025. The price had peaked at R77.55 in April 2025.
Lower retail maize meal prices ease costs for South African households, but the figures do not identify a cause or establish a change in grain demand. Any implication for corn prices is therefore uncertain.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.