Grain SA and Phahama Grain Phakama say South African soybean producers could face about R800 million in lost income per season if the JSE’s disputed method for calculating soybean price differentials remains in place. A court removed Grain SA’s urgent application to suspend the JSE decision from its roll because it did not consider the matter urgent; the merits remain unresolved, and Grain SA is seeking an expedited hearing.
If the pricing method remains in force, it could reduce farmers’ returns and affect local soybean pricing. The dispute’s outcome may influence producer selling decisions, though no direct change to supply is reported.
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