Agriculture

  • corn cob in the field
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    South Africa will experience a shrinkage in regional demand, as well as new competitors for existing markets

South Africa will experience a shrinkage in regional demand, as well as new competitors for existing markets

by Wandile Sihlobo, Agbiz Economist on Aug 3rd, 2017|

*First appeared in Farmers’ weekly – 4 August 2017

The most recent data from the US Department of Agriculture highlights a number of interesting dynamics in Southern Africa’s maize production, with Zambia and Malawi becoming increasingly important players in the […]

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    SA agricultural sector likely to pay 3% more for diesel next month

SA agricultural sector likely to pay 3% more for diesel next month

by Wandile Sihlobo, Head: Economic and Agribusiness Intelligence, Agbiz on Apr 18th, 2017|

The weaker ZAR/USD exchange and higher Brent crude oil prices means agribusinesses and farmers could be paying 3% more for a litre of diesel next month. Recent data from the Central Energy Fund shows that petrol (95 ULP Inland) […]

SA’s combine harvester sales show strong growth

by Wandile Sihlobo, Agricultural Economist at Agbiz on Apr 7th, 2017|

South Africa’s combine harvester sales continue to show strong growth ahead of a bumper crop this season. Recent agricultural machinery sales data showed that in March 2017, combine harvester sales were up by 21% from the previous month and […]

African soybean market could see growth over the coming years

by Wandile Sihlobo, head of economic and agribusiness intelligence at Agbiz on Apr 7th, 2017|

Africa is not a major player in global soybean production yet, with total output averaging 2.4 million tonnes – 90% of which is produced by South Africa, Nigeria, Zambia, Malawi, Benin and Zimbabwe. Africa’s total production makes up a […]

UPDATE: SA’s wheat import tariff revised down

by Wandile Sihlobo, Head: Economic and agribusiness intelligence, Agbiz on Mar 31st, 2017|

South Africa’s wheat import tariff has been revised down to R1 190.19 per tonne, which is a 25% decline from the rate of R1 591.40 per tonne. This new duty was calculated on the 09 February 2017 following an […]

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    South Africa could harvest the second biggest maize crop on record

South Africa could harvest the second biggest maize crop on record

by Wandile Sihlobo, Head Economic and Agribusiness Intelligence at Agbiz on Mar 28th, 2017|

South Africa is set to harvest the second biggest maize crop on record. This comes after the National Crop Estimate Committee revised up its forecast by 3% from the previous one to 14.32 million tonnes. Thus, making this season’s […]

SA’s agricultural jobs at record high in Q4, 2016

by Wandile Sihlobo, Head Economic and Agribusiness Intelligence at Agbiz on Feb 14th, 2017|

Recent employment data shows that the agricultural sector created 4% more jobs in the fourth quarter of 2016 from the previous one – which is 38 000 additional jobs, putting the sector’s total labour force at 919 000 jobs. […]

South African grains and oilseeds outlook

by Wandile Sihlobo and Tinashe Kapuya on Jan 30th, 2017|

The outlook for 2017 is promising for the South African grains and oilseeds sector. Assuming that the country receives a normal rainfall pattern throughout the remainder of the season, we believe that South Africa’s maize production could reach at […]

UPDATE: South Africa’s food inflation accelerates

by Wandile Sihlobo, Head Economic and Agribusiness Intelligence at Agbiz on Jan 19th, 2017|

Recent Consumer Price Index data shows that food and non-alcoholic beverages inflation accelerated to 11.7% year-on-year (y/y) in December 2016 from 11.6% in November 2016[1] (with non-alcoholic beverages aside, food inflation increased to 12% y/y in December 2016 from […]

UPDATE: South African fuel prices set to increase next month

by Wandile Sihlobo, Head Economic and Agribusiness Intelligence at Agbiz on Jan 16th, 2017|

Preliminary estimates from the Central Energy Fund suggest that petrol (95 ULP Inland) and diesel (0.05% Wholesale Inland) prices could increase by 44 cents per litre (c/l) and 38 c/l, respectively, on 01 February 2017. This could bring the […]