#southafrica
Wednesday April 18th, 2018
Food and non-alcoholic beverages inflation decelerated to 3.5% in March 2018, from 3.9% in the previous month. This is the lowest levels since December 2013 - thanks to last season’s robust crop output, as well as deceleration in meat price inflation.
Thursday April 19th, 2018
Trade aspects remain an important factor in the market as South Africa is a net importer of wheat (see Chart below). The wheat import tariff has triggered again on 10 April 2018 to R437 per tonne. The previous trigger was on 20 March 2018, which then, was calculated at R293.74 per tonne, after an uptick in international wheat prices (No2 HRW), which were supported by unfavourable weather conditions in the US wheat growing regions.
Thursday April 19th, 2018
There has been a lot of writing on the land reform subject since December 2017 when the ruling party adopted the notion of expropriation without compensation. A number of analysts (ourselves included) warned of the unintended consequences of the aforementioned policy proposal.
Friday April 20th, 2018
The weather remains a key focus in the local agricultural market but could have a different impact on crops than the past couple of weeks.
Friday April 20th, 2018
Agri SA is voicing its concerns over the shocking increase in farm attacks and is requesting an urgent meeting with […]
Tuesday April 24th, 2018
South Africa’s maize crop has generally matured, which means cool and dry conditions are an ideal weather for the crop at this stage of development. The past weekend presented the precise favourable environment, which is cool and drier conditions across the maize-belt.