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Mixed rainfall changes SA agricultural outlook
I concluded 2017 with a positive outlook for South Africa’s agriculture in 2018 – underpinned by good chances of La Niña weather conditions during the 2017/18 summer season. This essentially meant that the country was expected to receive above-normal rainfall, which would have been good for agricultural activity - Wandile Sihlobo, Agbiz Economist - This article first appeared in Business Day, 11 January 2017
Published: 11/01/2018
MoreSouth African tractor sales grew by 19% y/y in December 2017
South African tractor sales expanded by 19% y/y in December 2017, with 417 units sold. However, this was down by 26% when compared to the previous month, which mirrors a slowdown in field activity as summer crop planting was almost complete in most areas - Wandile Sihlobo, Agbiz economist
Published: 11/01/2018
MoreFuture economies powerhouse, would they have an appetite for beef?
PwC projected that the world economy could double in size by 2050, driven by new powerhouse economies such as China, India, Indonesia, Brazil, Mexico and Russia measured in purchasing power parity (PPP). Growth theory postulates that as economies developed, their consumers’ protein intake tends to increase substituting the starch - Sifiso Ntombela
Published: 09/01/2018
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