Manufacture of Pesticides and Other Agro-Chemical Products in South Africa 2017
Smallholder farmers gain access markets
March 24, 2017
Agbiz Morning Market View Point on Agri-Commodities 27 March 2017
March 27, 2017
The Manufacture of Pesticides and other Agrochemical Products:
The agrochemicals industry produces a range of pesticides or crop protection products to support the agricultural industry, thus helping to ensure food security and promote economic growth. The latest available data from Statistics South Africa indicates that total income in this important yet controversial sector was R30.983bn in 2014. The industry is highly concentrated with the five largest companies accounting for 53.1% of all income.
Controversy:
The use of glyphosate remains controversial with many commentators convinced that the herbicide causes cancer. According to the South African Department of Science and Technology, 86% of maize and 85% of soy in South Africa is genetically modified and most of the country’s crops are sprayed with the weed killer Roundup which contains glyphosate.
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