In February 2018, the cumulative agricultural exports were valued at R20.89 billion leading to a positive net trade of R3.736 billion. Agricultural exports were dominated by the table grapes, stone-fruit, wine, cuttlefish and tilapia - Sifiso Ntombela, trade economist and Agbiz Head: International Trade and Investment Intelligence
03.05.2018 / Agbiz in the news
MoreFood and non-alcoholic beverages inflation decelerated to 3.5% in March 2018, from 3.9% in the previous month. This is the lowest levels since December 2013 - thanks to last season’s robust crop output, as well as deceleration in meat price inflation. While there might be a slight uptick in the coming months in anticipation of the VAT and sugar tax effect, we expect the food and non-alcoholic beverages price inflation to remain at fairly low levels this year cushioned by a large grain stock from the current marketing year, as well as the expectation of a fairly good summer grain harvest - Wandile Sihlobo, Agbiz economist
20.04.2018 / Agbiz in the news
MoreThe west coast of South Africa, which is well known for good wines and being the country’ major winter grains producing region, has been saddled with below-normal winter rainfall for the past three years. The impact of this is clear from the Western Cape’s dwindling agricultural output - Wandile Sihlobo, Agbiz economist
13.04.2018 / Agbiz in the news
MoreThe South African tractor sales were up by 41% y/y in March 2018, with 726 units sold. This follows a 12% y/y contraction in February. On average, 23 tractors were sold a day last month compared to 21 tractors in February 2018 and 16 tractors a day in March 2017 -Wandile Sihlobo, Agbiz economist
12.04.2018 / Agbiz in the news
MoreWe are pleased to announce another international keynote speaker, Dr Neal Gutterson, Chief Technical Officer at Corteva Agriscience™, Agriculture Division of DowDuPont™. Dr Gutterson will bring us valuable insight on research and development, as well as product development in relation to our congress theme of ‘Uncertainty Creates Opportunity’.
10.04.2018 / Agbiz in the news
MoreEstimates by Fischer and Shah (2010) suggest that the world has 446 million hectares of potentially available uncultivated land. Of this, sub-Saharan Africa accounts for 202 million hectares or 45 percent - Dr Tinashe Kapuya and Mr Wandile Sihlobo
05.04.2018 / Agbiz in the news
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