News archive

News archive - August-2018

Namibian GMO food labeling regulations will affect trade with South Africa

New Namibian GMO Food Labeling Regulations will affect all future grain exports to Namibia. This was according to the CEO of the National Commission on Research, Science and Technology (NCRST) and GM of Innovation, Technology and Development in Namibia who recently addressed grain value chain role players on the impact of the new legislation and the GMO list that was compiled for maize, soybean, canola, wheat, cotton and rice. The Biosafety Act 2006 of Namibia provides measures to regulate the activities that involve research, development, production, marketing, transportation, applications and other uses of genetically modified organisms (GMOs), as well as specific products derived from these GMOs as they are harnessed safely. 

09.11.2018 / Agbiz in the news

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Cross-border knowledge sharing between SA and Zimbabwe farmers critical

The collapse of Zimbabwe’s agricultural sector from the early 2000s is well documented, and largely attributed to ill-conceived land reform policies. But as the spirit of political change sweeps across the country, albeit with lingering economic underperformance, it is worth looking at what agricultural products Zimbabwe imports in large quantities and whether import substitution would be a possibility in the near to medium term. - By Wandile Sihlobo, Agbiz head of Agribusiness Research  *Written for and  first published on Business Day

09.11.2018 / Agbiz in the news

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Pretoria session stimulates conversation on current topics

On Thursday, 1 November Agbiz hosted a half-day information session focusing on the current challenges in the policy and legislative environment, as well as developments and opportunities in the agribusiness sector. Close to 100 role players and stakeholders, representing agribusinesses, financiers, producers and agri-associations attended the event at Leriba Hotel in Centurion. 

02.11.2018 / Agbiz in the news

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Predicting the El Niño effect

Admittedly, it is too early to tell how most Southern African countries will cope with the expected weak El Niño in the summer season. Typically, an El Niño weather phenomenon would lead to drier weather conditions in most countries on the continent, almost similar to what we witnessed in the 2015-16 drought years. However, when it is weak, as expected, the impact could be minimal. - Wandile Sihlobo, Agbiz head of Agribusiness Research *Written for and first published in Business Day

02.11.2018 / Agbiz in the news

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Comprehensive producer support policy heads to Nedlac

The draft National Policy on Comprehensive Producer Support published by DAFF on the 3rd of August 2018 has now been referred to Nedlac where organised business, labour and government can engage on its contents. Agbiz forms a central part of the business delegation. The policy seeks to coordinate the producer support initiatives undertaken by government with that of the private sector to ensure that the greatest impact is achieved. As a general point of departure, business welcomed the initiative by government and placed special emphasis on the cooperative nature in which DAFF seeks to drive producer support going forward. - Theo Boshoff, Agbiz head of Legal Intelligence

02.11.2018 / Agbiz in the news

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Solid recovery in South African tractor sales in September 2018

After experiencing a double-digit decline in August 2018 due to delayed harvest, amongst other factors, South African tractor sales recovered by 11% y/y in September 2018, with 612 units sold (Figure 1). This somewhat signals farmers’ readiness for the 2018/19 summer crop production season which commenced this month, although planting activity hasn’t progressed much thus far. Broadly speaking, this is an encouraging reading as we continue to monitor the investment path in the South African agricultural sector following a slowdown in the Agribusiness Confidence Index in the third quarter due to continued uncertainty underpinned by the current land policy reform proposal, amongst other issues. - Wandile Sihlobo, Agbiz head of Agribusiness Research

09.10.2018 / Agbiz in the news

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Maize production estimate revised down, while wheat was lifted from last month

Today the Crop Estimate Committee released its final production estimates for the 2017/18 summer crop and second production estimated for 2018/19 winter crop. In terms of summer crops, the major oilseeds such as soybeans and sunflower seed were left unchanged from the previous month, whilst the commercial maize production estimate was revised down by 2% from the previous estimate to 12.9 million tonnes, which is somewhat in line with our expectations. From a winter crop perspective, the wheat production estimate was revised up by 2% from last month to 1.8 million tonnes – all thanks to good rainfall in parts of the Western Cape and an expansion in area planted in the Free State. - Wandile Sihlobo, Agbiz head of Agribusiness Research

27.09.2018 / Agbiz in the news

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SA farmers face twin blow of rising input costs and possible drought

These are challenging times for SA farmers, whether viewed from the perspective of rising input costs or the weather outlook. In a few weeks the 2018-2019 summer crop production season will start on a negative note, partly due to rising costs of agricultural inputs such as fertiliser and fuel. - Wandile Sihlobo, Agbiz head of Agribusiness Resarch * Written for and first published on Business Day

27.09.2018 / Agbiz in the news

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Comprehensive Development Support Policy prioritises partnerships

On the 3rd of August the Department of Agriculture, Forestry and Fisheries (DAFF) published the draft National Policy on Comprehensive Producer Development Support for public comments. The policy is designed to bring together producer support from both government and private sector in a coordinated manner. A first look at the policy shows positive signs, but the methodology may need a bit of work. - Theo Boshoff, Agbiz head of Legal Intelligence

27.09.2018 / Agbiz in the news

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El Niño return threatens summer crop

After showing solid recovery from drought in the previous and current marketing seasons with above-average maize and soybean production, the debate on climate-related challenges could resurface as the opening of the summer crop planting window fast-approaches in the next two to three weeks. - Wandile Sihlobo, Agbiz head of Agribusiness Research *Written for and first published in Business Day

13.09.2018 / Agbiz in the news

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South African tractor sales fell by 18% y/y in August 2018

Following a solid positive growth over the past five months, South African tractor sales fell by 18% y/y last month, with 487 units sold. This decline, which far exceeds our expectations of a 5% y/y drop, was partially underpinned by delayed summer grain harvesting activity which partially strained farmers’ cash flows. The harvest process, however, did not inspire a notable uptick in combine harvester sales either as the data shows a 25% y/y decline, with nine units sold. This could be explained by the fact that the 2017/18 crop is well below the record levels seen in the previous production season.  

 

12.09.2018 / Agbiz in the news

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