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Farming Economics

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Agbiz chief economist Wandile Sihlobo
Hard to laud agri confidence gains when prospects have since deteriorated, says Agbiz
16th March 2020 By: Marleny Arnoldi

The Agricultural Business Chamber of South Africa (Agbiz)/Industrial Development Corporation Agribusiness Confidence Index (ACI) has finally risen to 50 after six consecutive quarters of remaining... 


An arid future arrives early in South Africa’s farm country
9th March 2020 By: Bloomberg

Ben Brynard’s family has been farming sheep in northwest South Africa since 1923, and for the past 66 years has kept records on annual rainfall in the nearby town of Calvinia. In all that time, the... 


African trade and energy developments poised to boost agriculture
African trade and energy developments poised to boost agriculture
6th March 2020 By: Marleny Arnoldi

Africa is at risk of missing out on immense growth opportunities if it does not advance more regional trade and investment soon at a time that foreign countries are increasingly recognising the... 


South African economy enters recession as Q4 GDP contracts 1.4%
South African economy enters recession as Q4 GDP contracts 1.4%
3rd March 2020 By: Reuters

South Africa’s gross domestic product contracted 1.4% in the fourth quarter of 2019, following a revised 0.8% contraction in the third quarter, data from Statistics South Africa showed on Tuesday.... 


Deere taps tractor-hailing tech in bid to break ground in Africa
25th February 2020 By: Reuters

It's ride-hailing, farm style. Deere & Co is teaming up with the "Uber of tractors" in Africa and betting on a future where farmers summon machines with the touch of a button. The world's leading... 


South Africa confirms locust outbreak in Namibia, Karoo region
25th February 2020 By: Bloomberg

A locust outbreak in Namibia and South Africa’s northwestern Karoo region may pose a threat to grazing lands in a region that’s already prone to droughts. South Africa’s Department of Agriculture,... 


Constitutional amendment only unlikely to deliver success, warns land panel
Constitutional amendment only unlikely to deliver success, warns land panel
20th February 2020 By: Irma Venter

South Africa had to put in place a 50- to 100-year food security plan, and then walk backwards to see what it can do to make that happen, says former Afrgri CEO Chris Venter. “However, this is not... 


Newly launched agency plans to drive agricultural development, ensure successful land reform
Newly launched agency plans to drive agricultural development, ensure successful land reform
18th February 2020 By: Schalk Burger

The nonprofit Agricultural Development Agency, launched on Tuesday, in Pretoria, is a cross-sector, government-supported and private-sector led initiative to develop farmers by providing technical... 


Poultry association looking forward to tariff confirmation soon
17th February 2020 By: Simone Liedtke

The South African Poultry Association (Sapa) has welcomed President Cyril Ramaphosa’s announcement during his State of the Nation Address (SoNA) last week that the new tariffs on imported chicken... 


Digital transformation initiative for smallholder farmers
14th February 2020 By: Schalk Burger

The Eswatini Water and Agricultural Development Enterprise (ESWADE), in partnership with network operator Eswatini Mobile and South African agri-fintech company eSusFarm Africa, will use the... 


Tongaat mulls sale of its starch division
13th February 2020 By: Simone Liedtke

JSE-listed sugar producer Tongaat Hulett has entered into negotiations with regard to the potential sale of Tongaat Hulett Starch. The division is Africa’s largest producer of starch, glucose and... 


TLU SA objects to forced, costly water meters for irrigation farmers
12th February 2020 By: African News Agency

In an official letter to the Minister of Water Affairs and Sanitation, Lindiwe Sisulu, TLU SA on Tuesday strongly objected to an announcement on the installation of obligatory water measuring... 


Wine grape producers’ profitability improving, but some are still struggling
10th February 2020 By: Marleny Arnoldi

Industry body Vinpro says South African wine grape producers’ financial viability is improving, after a long downward cycle; however, there is still a long way towards sustainability. Vinpro... 


'Drastic' fall in bumblebee populations shocks scientists
'Drastic' fall in bumblebee populations shocks scientists
7th February 2020 By: Reuters

When scientist Peter Soroye first saw the figures showing estimated bumblebee populations in North America had fallen by nearly 50% in a single generation, he thought it must be a typo. He checked... 


Southern African association to co-chair World Citrus Organisation
5th February 2020 By: Marleny Arnoldi

The Citrus Growers’ Association of Southern Africa (CGASA) has been appointed a co-chair of the World Citrus Organisation (WCO). This was announced during the official founding of the WCO, at the... 


 Farmers reeling from latest bout of load-shedding
Farmers reeling from latest bout of load-shedding
12th December 2019 By: News24Wire

Eskom's current load-shedding has struck in the middle of the Western Cape's fruit season, further hobbling a key industry that depends on a regular electricity supply, Geoff Jacobs, president of... 


ANALYSE THIS
DJI and PACSys are undertaking research and development to integrate crop health and/or management analytics with drone spraying systems to allow for “spot-spraying” applications
Effective drones well received by farmers
6th December 2019 By: Tracy Hancock

Local sugarcane farmers have responded positively to South Africa’s first licensed crop-spraying drone at a time when the industry is tackling a significantly challenging financial climate, says... 


FELIXTON MILL
The initial assets of Tongaat Hulett’s transformative milling, refining and sugar marketing business have an installed capacity to produce more than one-million tons of sugar a year
Sugar giant transforming business amid turmoil
6th December 2019 By: Tracy Hancock

In addition to its plans to exit sugar farming in South Africa, embattled agroprocessing business Tongaat Hulett expects to conclude a transaction to establish a transformative milling, refining... 


IFC manufacturing, agribusiness and services adviser Raymond Greig
IFC launches study to improve water efficiency in agriculture sector
5th December 2019 By: Simone Liedtke

To identify opportunities for water efficiency in the agricultural sector and analyse the barriers to improvement in this area, the International Finance Corporation (IFC) has launched a study as... 


Agbiz chief economist Wandile Sihlobo
Water, land reform concerns weigh on agriculture sector's confidence
5th December 2019 By: Simone Liedtke

The Agricultural Business Chamber and the Industrial Development Corporation Agribusiness Confidence Index declined from 46 points in the third quarter of this year to 44 index points in the fourth... 


Partnerships help pull domestic cotton industry out of doldrums
Partnerships help pull domestic cotton industry out of doldrums
29th November 2019 By: Donna Slater

The South African cotton industry was in decline, having reached crisis point in about 2013. On the verge of collapse, a chain of events from three seemingly unassuming roleplayers set off a chain... 


A Solaris seed pod
Solaris-based biodiesel introduced to operations at OR Tambo
28th November 2019 By: Simone Liedtke

Various entities on Thursday signed a memorandum of understanding (MoU) for Project Reya Foya, the follow up to Project Solaris, which will introduce Solaris-based biodiesel into the... 


'Perfect storm' awaits farming and fisheries if world doesn't curb emissions
28th November 2019 By: Reuters

The world needs to urgently cut its planet-warming greenhouse-gas emissions to avoid a "perfect storm" that will lead to simultaneous falls in food production from both farming and marine... 


Making seeds to withstand climate change is getting harder
25th November 2019 By: Bloomberg

Global hunger and malnutrition are on the rise, as are temperatures and water shortages. Humanity must adapt crops to the changing climate by breeding hardier plants, but political and commercial... 


Gauteng outlines ambitions for climate change mitigation
Gauteng outlines ambitions for climate change mitigation
21st November 2019 By: Natasha Odendaal

After two years of development, gathering input, undertaking consultations and further refinements, the Gauteng City Region is preparing to implement an overarching Climate Change Response Strategy... 


SA parliament committee concerned over lack of 'tangible' drought strategy
SA parliament committee concerned over lack of 'tangible' drought strategy
20th November 2019 By: African News Agency

Parliament's select committee on cooperative governance and traditional affairs, water and sanitation says it is concerned at the lack of a tangible drought strategy to deal effectively with the... 


Southern Africa drought to persist through March, FEWS NET says
19th November 2019 By: Bloomberg

Southern Africa faces further drought through March as land preparation and planting of summer crops gets underway, even after most parts of the region received near-normal rainfall through early... 


Bidcorp continues positive performance in first months of financial year
18th November 2019 By: Simone Liedtke

International food, service and technology group Bidcorp CEO Bernard Benson on Monday said trading conditions in the four months to October 31 had continued to be positive and was broadly in line... 


SA’s water shortages
SA’s water shortages
13th November 2019

Creamer Media’s Chanel de Bruyn speaks to Creamer Media Senior Deputy Editor Natasha Odendaal about the water supply challenges in South Africa, how government plans to address the situation and... 


Poultry master plan broadly accepted by industry
Poultry master plan broadly accepted by industry
7th November 2019 By: Simone Liedtke

President Cyril Ramaphosa this week announced a new master plan for the poultry industry, which aims to put the industry back on a growth path. The plan, which has been broadly accepted by the... 


Roelf Meyer
New agricultural agency to facilitate investments worth R12.9bn
6th November 2019 By: Terence Creamer

A new agricultural development agency will be launched in January to oversee 32 farming investments across South Africa collectively valued at R12.9-billion. Politician-turned-businessperson Roelf... 


R50m emergency drought funding approved for Western Cape farms
24th October 2019 By: African News Agency

The Western Cape cabinet has approved the release of R50 million in emergency funding to assist farms severely affected by drought.  According to the province's MEC for finance and economic... 


South African organisation helps to launch World Citrus Organisation
24th October 2019 By: Marleny Arnoldi

A first of its kind World Citrus Organisation (WCO) was launched, in Madrid, Spain, this week. The organisation places citrus fruit at the same level of coordination worldwide as other fruit... 


Agri SA, Minister agree on need for partnerships to advance growth
Agri SA, Minister agree on need for partnerships to advance growth
10th October 2019 By: Marleny Arnoldi

With stagnant economic growth and an unemployment rate of about 29%, the pressure is increasing on the agricultural sector to contribute more to gross domestic product (GDP) and live up to its... 


Drought conditions persist in some parts of the country – Agriculture dept
Drought conditions persist in some parts of the country – Agriculture dept
9th October 2019 By: African News Agency

Below normal rainfall is anticipated over the central and south-eastern parts of South Africa during late spring, while above normal rainfall is expected during early summer to mid-summer in the... 


Land reform, climate change, cheap imports pose risks to agriculture in KZN – FNB
7th October 2019 By: African News Agency

Agriculture in KwaZulu-Natal is growing at around 12 percent per annum, driven by diversification, but there are risks to the sector posed by land expropriation, climate change and cheaper imports,... 


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