Monthly Archives: October 2016

UPDATE: South Africa’s food producer inflation falls

by Wandile Sihlobo on Oct 27th, 2016|

Recent producer price index data indicates that in September 2016, producer inflation for final manufactured goods decelerated to 6.6% from 7.2% year-on-year (y/y) in the previous month. Food products (producer) inflation eased at 13.1% y/y from 13.4% y/y in […]

South Africa’s summer crops hectares set to increase

by Wandile Sihlobo on Oct 27th, 2016|

South Africa’s 2016/17 summer crops “intentions to plant” data paints a mixed picture. Taking a broader view, the data shows an expected 15% year-on-year (y/y) increase in summer crops hectares, from 3.27 million hectares in 2015/16 production season to […]

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    Agbiz response to Minister Gordhan’s medium-term budget policy statement

Agbiz response to Minister Gordhan’s medium-term budget policy statement

by Dr John Purchase and Wandile Sihlobo on Oct 26th, 2016|

Rarely has a medium-term budget policy statement (MTBPS) generated as much interest as the MTBPS of today, and rightly so. With continued sluggish and deteriorating economic growth, and increased demands on the fiscus for ‘free’ higher education, drought and […]

Sunflower seed production soars

by Wandile Sihlobo on Oct 25th, 2016|

Despite the decline in sunflower seed production over the past few years, the world is set to harvest a bumper crop in the 2016/17 production season. Recent estimates from SUNSEEDMAN, a Turkish based consulting group, suggest that 2016/17 global […]

UPDATE: South African food inflation unchanged

by Wandile Sihlobo on Oct 19th, 2016|

Figures released this morning by Statistics South Africa show that headline inflation has accelerated to 6.1% year-on-year (y/y) in September 2016 from 5.9% y/y in the previous month, with rentals for housing and owners’ equivalent rent being the key […]

South African peanut production at a lowest level in 71 years

by Wandile Sihlobo on Oct 18th, 2016|

Recent data from the National Crop Estimate Committee indicates that in the 2015/16 production year, South Africa produced 18 850 tons of groundnuts (peanuts). This is the smallest crop in 71 years—down three folds from the 2014/15 season production—caused […]

International Grains Council’s 2016/17 production estimates

by Wandile Sihlobo on Oct 13th, 2016|

Despite ongoing talks about production challenges across a number of countries, the world is still well-supplied regarding grains and oilseeds.

The International Grains Council (IGC), indicated just last week in their monthly report that the 2015/16 global grains and oilseeds […]

SA will have to weather high meat prices into next year

by Wandile Sihlobo, Head Economic and Agribusiness Intelligence at Agbiz on Oct 13th, 2016|

According to the Food and Agriculture Organisation of the United Nations (FAO), food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and […]

UPDATE: South Africa’s agricultural machinery sales decline

by Wandile Sihlobo on Oct 12th, 2016|

The recent agricultural machinery sales data released by the South African Agricultural Machinery Association (SAAMA) indicates that in September 2016, combine harvester sales were down by 26% when compared to September 2015— with only 14 units sold. This is […]

UPDATE: Food and beverages manufacturing output accelerates

by Wandile Sihlobo on Oct 11th, 2016|

Recent food and beverage sectors’ manufacturing data indicates that in August 2016, output increased by 3.1% year-on-year (y/y), after registering a 0.8% y/y contraction in July 2016.

This sector consists of five sub-sectors, namely (1) meat, fish, fruit, etc., (2) […]