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Farming Economics

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Farmers test microbes to nourish crops as climate pressure grows, costs rise
3rd February 2022 By: Reuters

Tech companies are raising hundreds of millions of dollars, including backing from agriculture heavyweights like Bayer AG, in developing farm products that use living things like microbes and... 


A photo of a sugar cane farmer holding a crop of sugar cane
Sugarcane farmers receive R60m in premium price payments
31st January 2022 By: Darren Parker

Sugarcane farmers received about R60-million worth of premium price payments on January 31 as agreed by the Small-Scale Grower Masterplan Task Team in accordance with the process laid out in the... 


Smaller wine grape harvest expected in South Africa this year
24th January 2022 By: Darren Parker

Wine industry association Vinpro has announced that many South African wine grape producers are expecting a smaller-than-usual wine grape crop. This forecast for the imminent harvest season – which... 


Water drops on a window
South Africa declares national disaster after rain, flood damage
20th January 2022 By: Bloomberg

South Africa has declared a national disaster after torrential rains in several parts of the country resulted in deaths, flooding and damage to property and infrastructure, according to a notice in... 


An image of a Tongaat Hulett Sugar Cane Truck
Tongaat outlines unrest-related cost; reports interim net loss
9th December 2021 By: Donna Slater

JSE-listed sugarcane and maize producer Tongaat Hulett’s operating profit for the six months ended September 30 fell by 23% year-on-year to R1.3-billion. This movement mainly reflects the impact... 


Astral’s revenue increases on the back of improved poultry division sales
15th November 2021 By: Donna Slater

Poultry producer Astral Foods reports that, despite challenges, its revenue increased by 13.9% year-on-year to R15.9-billion for the year ended September 30, with its poultry division contributing... 


Agri SA hopes MTBPS will help address structural, SOE challenges
10th November 2021 By: Schalk Burger

Agricultural industry organisation Agri SA says the Medium Term Budget Policy Statement (MTBPS) to be delivered by Finance Minister Enoch Godongwana on November 11 should address structural... 


Immediate power restoration to Joburg market critical for food safety, says Agri SA
29th October 2021 By: Schalk Burger

The lack of electricity at the Johannesburg market since October 26 owing to cable theft is having a disastrous impact on the quality and safety of agricultural products, agricultural industry... 


A photo of SRK Consulting South Africa MD Vis Reddy
Business in Africa has to deal with greater compliance demands
29th October 2021 By: Darren Parker

African governments are demanding greater levels of compliance from businesses, which has resulted in a noticeable increase in red tape and bureaucracy owing to poor execution by officials, says... 


Food inflation in September again higher than expected, reports research body
22nd October 2021 By: Rebecca Campbell

The Bureau for Food and Agricultural Policy (BFAP) has reported that food inflation in South Africa last month was higher than expected, at 6.6% year-on-year. Food inflation contributed 1.1... 


Headwinds mounting for world economy into final stretch of 2021
4th October 2021 By: Bloomberg

The global economy is entering the final quarter of 2021 with a mounting number of headwinds threatening to slow the recovery from the pandemic recession and prove policy makers’ benign views on... 


Image of panel of speakers
Panel discusses ‘sustainable food’ in Africa
23rd September 2021 By: Marleny Arnoldi

Africa’s food systems are at cross-roads, faced with the pressure of producing more for a growing population, while also tackling increasing levels of malnutrition. Taking place a few days before... 


Research group reports low level of market concentration in SA agriculture
21st September 2021 By: Rebecca Campbell

In a recent brief report, the Bureau for Food and Agricultural Policy (BFAP) pointed out that, according to the available data, the agricultural sector was one of the South African economy’s least... 


A roof top refrigeration system installed by EP Refrigeration at a produce packing house
Global citrus demand increases refrigeration demand
17th September 2021 By: Halima Frost

A global increase in demand for South African-grown citrus, as well as more export regulations, has resulted in a substantial increase in demand for refrigeration capacity, says local refrigeration... 


Milk bottles
Study confirms low enviro impact dairy farming equals higher profitability
1st September 2021 By: Marleny Arnoldi

Agricultural sustainability company Trace & Save has reaffirmed in a case study that a lower environmental impact is directly linked with higher profitability in the South African dairy farming... 


Pic/Image of Coke Can Lid.
Doubling the sugar tax will result in thousands more rural job losses, report states
1st September 2021 By: Simone Liedtke

A report commissioned by the National Economic Development and Labour Council shows that, in the first year of the sugar tax’s implementation, there were 16 621 job losses across the industry, of... 


Association welcomes renewal of poultry anti-dumping duties
26th August 2021 By: Simone Liedtke

The South African Poultry Association (Sapa) has welcomed the renewal of anti-dumping duties on imports of bone-in chicken from Germany, the Netherlands and the United Kingdom (UK). The... 


Agri SA concerned about skilled workforce decline despite employment gains in Q2
25th August 2021 By: Marleny Arnoldi

The agricultural sector was one of few that observed employment gains over the second quarter of this year, adding 69 000 people to its combined workforce, but industry body Agri SA remains... 


A photograph of Workforce Africa MD Darren Hollander
Increased interest in temporary employment services
6th August 2021 By: Darren Parker

More of human capital solutions provider Workforce’s agricultural clients are agreeing to the value that Workforce Staffing – a temporary employment service provider subsidiary of Workforce – can... 


LAUNCH OF GRAIN EXPORT
Long-term sector growth can increase exports
Draft mandate clarifies TWG’s directive
16th July 2021 By: Nadine Ramdass

The mandate document submitted by the agricultural and agroprocessing sector’s Technical Working Group (TWG), clarifies the core mandates of the sector’s group. This is in line with the Sustainable... 


South Africa unrest hits farming, threatens food supply
13th July 2021 By: Reuters

South African farmers have been hit by days of unrest and looting as trucks carrying produce are prevented from delivering to markets, threatening food supplies, industry officials said. Crowds... 


Illovo, Jobs Fund project benefitting community
Illovo, Jobs Fund project benefitting community
23rd June 2021

Four years in, the Small-Scale Grower Cane Development project has recorded notable successes, with over 860 sustainable jobs created and 3 000 ha of cane developed on communal land owned by... 


BIO-PELLETS FUEL IN A BOILER
The right equipment is a key aspect for successful projects
Localisation of equipment promotes price stability
18th June 2021 By: Nadine Ramdass

Rand volatility has a big impact on projects that require imported biogas equipment ,however the localisation of some equipment can help the biogas industry gain some stability, says organic waste... 


Agri confidence reaches all time high of 75
Agri confidence reaches all time high of 75
14th June 2021 By: Marleny Arnoldi

It has been quite some time since South Africa’s agricultural sector has had as good a season as the current one, Agricultural Business Chamber (Agbiz) states in the latest Agbiz/Industrial... 


Agriculture remains a star performer in the economy, but still needs govt support
Agriculture remains a star performer in the economy, but still needs govt support
3rd June 2021 By: Marleny Arnoldi

Agriculture’s contribution to gross domestic product (GDP) and employment is often underrated in South Africa, which particularly came to the fore at the height of the Covid-19 pandemic last year,... 


Sugar Masterplan starting to uplift industry – DTIC
Sugar Masterplan starting to uplift industry – DTIC
12th May 2021 By: Donna Slater

The South African sugarcane industry has experienced a sharp decline in revenue and production in recent years, mainly as a result of cheap sugar imports that have flooded the local sugar market,... 


Potatoes South Africa calls for more partnerships between commercial, small-scale producers
Potatoes South Africa calls for more partnerships between commercial, small-scale producers
6th May 2021 By: Marleny Arnoldi

Despite having proved resilience last year by producing 2.6-million tonnes, the South African potato industry is appealing to stakeholders to form more partnerships to drive growth and... 


Insurance programme for Madagascar farmers to help build resilience, productivity
5th May 2021 By: Schalk Burger

Madagascar’s farmers stand to build stronger climate resilience, increase productivity and more easily access financial services owing to an agricultural insurance programme announced on May 5 by... 


RMB concerned at rising food costs
3rd May 2021 By: Marleny Arnoldi

Rand Merchant Bank (RMB) says rapidly rising agricultural producer price inflation poses a conundrum for food manufacturers about whether to absorb these cost increases or pass them on to already... 


No new outbreaks of highly pathogenic avian influence, says association
30th April 2021 By: Simone Liedtke

Although no new outbreaks of avian influenza have been reported since the previously confirmed cases, South Africa’s poultry and ostrich industries remain under national high alert with strict... 


Saai chairperson Dr Theo de Jager and Neasa CE Gerhard Papenfus
Saai, Neasa ink partnership to improve labour relations in the agriculture sector
22nd April 2021 By: Simone Liedtke

Family farming organisation Saai and employers’ organisation the National Employers Association of South Africa (Neasa) on April 22 signed a partnership agreement to bridge labour issues in the... 


South Africa makes progress on geographical indications to support rural, agricultural development
20th April 2021 By: Schalk Burger

South Africa is making progress on developing legal and regulatory frameworks for geographical indications (GI), which are designations for products that are linked to a region of origin and that... 


Constant Beckerling and Anlo van Wyk
Two Wits students focus on agritech for cannabis industry
1st April 2021 By: Creamer Media Reporter

Two master’s students at the University of Witwatersrand (Wits), Constant Beckerling and Anlo van Wyk, are developing new technologies aimed at disrupting the booming cannabis, or so called ‘green... 


POWER-TENTIAL
Biogas has the potential to contribute significantly to the power mix in South Africa and globally
Biogas holds great power generation potential
19th March 2021 By: Halima Frost

South Africa has the potential to generate upwards of 10 000 MW of power if it were to harness and capitalise on all biogas opportunities, however, the greatest challenge is not a lack of capacity... 


South Africa launches fund to boost Black farming
South Africa launches fund to boost Black farming
18th March 2021 By: Reuters

South Africa has set up a R5-billion fund to help Black farmers gain access to capital and boost their role in commercial agriculture, state-owned Industrial Development Corporation and the... 


South Africa sets up R1bn fund to assist black farmers
18th March 2021 By: Bloomberg

South Africa announced the establishment of a R1-billionfund to help small-scale Black farmers enter commercial agricultural production. The Department of Agriculture will provide money and it will... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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