I am starting to believe that South Africa’s 2024 agricultural exports may reach a new record high and surpass the 2023 record level of US$13, 2 billion. The better prices and output in various fruits, red meat, wool, and wine will be the major driver of the improvement in exports…
We continue to observe the rising optimism in South Africa’s farming and agribusiness sectors. For example, the Agbiz/IDC Agribusiness Confidence Index (ACI), a sentiment indicator in the sector, increased by 10 points from Q3 to 58 in Q4. This is the second consecutive improvement, placing the ACI at its highest…
South Africa’s decision to ease possible maize imports from the U.S. is not necessarily bad. It is a “safety option” in recognition that our white maize supplies are tight. We also face strong demand from broader Southern Africa, whose maize production is down massively because of the drought earlier this…
The Southern African region has experienced agricultural trade friction in the past few years. Namibia and Botswana placed a ban on the imports of South African vegetables and citrus. Simply put, the rationale of both Namibia and Botswana was that the import ban ensures that their domestic producers are not…
While the 2023-24 mid-summer drought has been the central theme of the downbeat performance of South Africa's agriculture this year, we see a welcome positive change in the jobs data. Statistics South Africa data show that primary agriculture employment improved by 4% from the previous quarter to 935k jobs in…
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