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The Gauteng High Court struck Grain SA’s urgent application to temporarily stop the JSE from replacing its soybean multiple reference point model with a single reference point model off the court roll, finding the matter was not urgent. The court did not rule on the merits, and Grain SA plans to seek an expedited hearing while its separate review of the JSE decision continues.
The pricing-model change may affect how South African soybean futures prices reflect local market conditions, but the court’s decision leaves the JSE change in place for now. The immediate price effect is uncertain because the merits have yet to be heard.
thenational.co.zaYogashen PillayNov 10, 2026Not enough comparable past events yet for a historical read.
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.
