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Farming Economics News

Agribusiness confidence remains subdued

By: Marleny Arnoldi     11th June 2019 The Agbiz/Industrial Development Corporation Agribusiness Confidence Index (ACI) weakened to 44 in the second quarter. This followed a marginal improvement to 46 in the first quarter.  

Land Bank economist warns of increasing risk of African swine fever

By: Tasneem Bulbulia     24th May 2019 South African meat producers are likely to continue facing challenges this year, says Land Bank agricultural economist Karabo Takadi. One of the biggest likely challenges is that the risk profile for the outbreak of African swine fever (ASF) was increasing, posing a potential risk to stakeholders... 

Larger stands, more technology on display at Nampo

By: Halima Frost     10th May 2019 Agriculture supply manufacturer John Deere has increased its number of stands from three – in previous years – to five this year, totalling an unrivalled display area of 3 000 m2 at the 2019 Grain SA Nampo Harvest Day, which will be held from May 14 to 17 near Bothaville, in the Free State. John... 

Larger stands,  more technology  on display at Nampo
TRACTOR TRACKER Satellites in farming are now a reality

Hydraulics company using expo to highlight products

10th May 2019 Hydraulic component distributor Hydraulic and Automation Warehouse (HAW), a Bosch Rexroth South Africa Group Company, will showcase eight of its niche product lines at this year’s Grain SA NAMPO Harvest Day. HAW’s focus will be on hose assembly solutions manufacturer Uniflex’s Grease Crimpers –... 

Hydraulics company using  expo to highlight products
FLEX THOSE MUSCLES The Uniflex grease crimper will take center stage at the HAW stand this year

New products for the agriculture industry being launched

10th May 2019 Engineering components supplier Bearing Man Group (BMG) will be exhibiting at Grain SA’s Nampo Harvest Day this year being held from May 14 to 17, near Bothaville in the Free State. The BMG stand will showcase the company’s range of agricultural components, which has been carefully selected for... 

New products for the  agriculture industry  being launched
BOER MAAK N PLAN The Boer Slim/Smart Farming initiative offers a range of products developed with and for local farmers

Biggest Nampo yet boasts 775 stands

By: Halima Frost     10th May 2019 The southern hemisphere’s largest agriculture expo, the Grain SA Nampo Harvest Day, will feature a record-breaking 775 stands, and organiser Grain SA says that all of the stands have now been sold out. The event caters to the South African and Southern Africa farming community and will be held... 

Biggest Nampo yet boasts 775 stands
HIGH EXPECTATIONS An aerial view of the continent’s largest agriculture show being held in May

Supportive policy and infrastructure needed to improve agricultural harvest

By: Marleny Arnoldi     10th May 2019 Variable climatic conditions, macroeconomic fluctuations, trade wars and land reform policy uncertainty will remain some of the biggest factors impacting on the South African agriculture sector for the foreseeable future, according to the Bureau for Food and Agricultural Policy’s (BFAP’s)... 

Supportive policy and infrastructure needed  to improve agricultural harvest

Sugar industry advised to diversify product offering, enter niche product markets 

By: Marleny Arnoldi     29th April 2019 Trade and Industry Minister Dr Rob Davies and the South African Cane Growers Association have agreed that increases in sugar imports in South Africa have an unavoidable impact on the competitiveness of the local sugar industry and that certain measures were necessary to restore its... 

Sugar industry advised to diversify product offering, enter niche product markets

Agricultural sector needs 'reality-based transformation'

By: Tasneem Bulbulia     25th April 2019 The agricultural industry must pursue "reality-based transformation" to effect initiatives that do not compromise the sustainability of the industry, Empowerdex executive chairperson Vuyo Jack said during Agri SA’s Commodity and Corporate Chamber Conference, in Pretoria, on Thursday. He called... 

Agricultural sector urged to collaborate

By: Tasneem Bulbulia     24th April 2019 The agricultural sector needs to pursue collaboration to mitigate the various challenges it is facing, as well as to grow the sector, says Agri SA Commodity Chamber chairperson Dr Pieter Prinsloo. Speaking at Agri SA’s Commodity and Corporate Chamber Conference, in Pretoria, on Wednesday, he... 

South Africa's 2018/19 maize crop seen down 15% on drought

By: Reuters     24th April 2019 South Africa is likely to harvest 15% less maize in 2018/2019 compared with the previous season after drought delayed plantings, a Reuters poll showed on Wednesday. The government's Crop Estimates Committee (CEC), which will provide its third production forecast for the 2018/2019 crop on... 

MSU receives $7.8m grant for agricultural research institute in Malawi

By: Schalk Burger     23rd April 2019 Researchers at the Michigan State University (MSU), in the US, received a $7.8-million grant from nonprofit Agricultural Transformation Initiative (ATI) to build an independent policy research institute in Malawi dedicated to improving the livelihoods of smallholder farmers and transforming the... 

Presidential panel member rejects final report on South African land reform

By: Reuters     23rd April 2019 President Cyril Ramaphosa's push to reduce rural poverty and quell growing anger over unequal access to property faces further delays after a member of an advisory panel on the issue on Friday rejected key aspects of the plan. Land ownership is a controversial and emotive issue in South Africa... 

Access to finance, training key to building SA’s black farming community – Afgri

By: African News Agency      15th April 2019 Access to finance, training and entrepreneurship are critical to building South Africa's black farming community, agricultural services company Afgri's subsidiary Lemang Agricultural Services has said. Lemang was specifically created to train, develop and mentor new era farmers and focuses on... 

Zimbabwe to start paying white farmers compensation after April

By: Reuters     8th April 2019 Zimbabwe is to start paying compensation this year to thousands of white farmers who lost land under former President Robert Mugabe's land reform nearly two decades ago, the government said, as it seeks to bring closure to a highly divisive issue. Two decades ago Mugabe's government carried out... 

Afgri creates strategic grains storage platform

By: Simone Liedtke     8th April 2019 Afgri Group Holdings (AGH) on Monday announced the creation of a strategic grains storage platform, in collaboration with a consortium of South African institutional investors, to enable growth of grain storage capacity in South Africa, and on the continent, to strengthen food security in the... 

Uptick in demand for water-sector consulting

By: Cameron Mackay     5th April 2019 Despite subdued demand for consulting engineering services in South Africa, engineering consulting firm SRK Consulting South Africa has noted an increase in demand for the group’s water-sector consulting services. “As the country faces a backlog in water infrastructure maintenance, it must also... 

Uptick in demand for water-sector consulting
THE MATZIKAMMA MUNICIPALITY The Matzikamma municipality coastline was deemed suitable for land-based aquaculture farming

Digital initiatives can unlock value for South Africa – Accenture

By: Schalk Burger     4th April 2019 South Africa can unlock financial value and create meaningful outcomes for citizens in their daily lives by implementing key digital initiatives across government services and key industry sectors, professional services multinational Accenture said in a statement on Thursday. Research indicated... 

Commitment to transform rural communities

29th March 2019 Sugar producer llovo Sugar South Africa (Illovo SA) is firmly committed to transformation and building sustainable enterprises, especially in rural communities where it operates, says Illovo Sugar SA MD Mamongae Mahlare. “In the 2017 financial year, Illovo SA’s total economic impact on the local... 

Commitment to transform  rural communities
Photo by Creamer Media
SHARING THE SWEETNESS Illovo Sugar South Africa makes an economic impact working with small retailers who sell its products within South Africa

Agribusiness confidence index rises to 46 in the first quarter

By: Marleny Arnoldi     18th March 2019 The Agbiz/Industrial Development Corporation (IDC) Agribusiness Confidence Index has improved by four points to 46 in the first quarter of this year. This follows a decline in the last quarter of 2018 to 42, which was the index’s lowest level since 2009.  

China a potential market for South African avos as other markets mull import bans

By: Simone Liedtke     15th March 2019 The South African avocado market faces the threat of a possible ban in future, particularly in the UK, which is reportedly getting rid of avocados on ethical grounds, says economist Gilberto Biacuana. The UK is the second most important market for South Africa’s avocado exports, which means that... 

Grain conveyor solution system offered

15th March 2019 Heavy lift forklift supplier BLT World offers dependable solutions for specific problems at the transfer points of conveyor systems in bulk materials handling, such as grain in the food and beverage industry. “ScrapeTec Trading’s German-engineered products have been specially developed for the... 

Movement calls for Brazilian chicken import ban

By: Thabi Madiba     15th March 2019 Following the recall by a Brazilian producer of more than 450 t of chicken because of potential salmonella contamination last month, nonprofit trade advocacy movement FairPlay founder Francois Baird says the South African government has to ban Brazilian chicken imports until all producers can... 

Movement calls for Brazilian chicken import ban
Photo by Bloomberg
CHICKEN FOOT CHICKEN BASE Brazil now accounts for more than 60% of South Africa’s chicken imports, while local producers claim imports are not necessary at all

SA farmers turning to technology to boost yields and financial resilience

By: Marleny Arnoldi     15th March 2019 Amid a challenging economic climate in South Africa, as well as prevailing drought in some provinces, emerging and commercial farmers have become price-conscious and focused on optimising operations to remain competitive, says Afgri Equipment branch manager Riaan Muller. Industry body Agri SA’s... 

SA farmers turning to technology to boost yields and financial resilience

Dubai scientists grow super crops that thrive in salty deserts

By: Bloomberg     28th February 2019 Scientists in Dubai are developing crops like quinoa that can thrive in the salty soils intruding into the world’s croplands. Winning over enough people to eat them is proving a greater challenge. At an experimental farm within sight of the world’s tallest skyscraper, researchers at the... 

South Africa's 2019 maize crop seen 20% lower after drought delays plantings

By: Reuters     26th February 2019 South Africa is likely to harvest 20 percent less maize in 2019 compared with the previous season after drought conditions delayed plantings in some corn growing areas, a Reuters poll of five traders and market analysts showed on Tuesday. The government's Crop Estimates Committee (CEC), which... 

South Africa's 2019 maize crop seen 20% lower after drought delays plantings

South Africa will have to produce 50% more food by 2050 or face crisis – WWF

By: News24Wire      20th February 2019 South Africa faces an impending food security crisis if there isn't urgent action to correct unsustainable practices, says an environmental organisation. According to the World Wide Fund for Nature (WWF), South Africa will have to produce 50% more food by 2050 to feed an estimated population of... 

Precision farming enables cost savings in a tight economy 

31st January 2019 Agricultural equipment manufacturer John Deere has evolved from supplying ploughs more than two centuries ago, to farmers being able to control their whole fleet through an app. Marleny Arnoldi tells us more about precision farming. 

Precision farming enables cost savings in a tight economy
Precision farming enables cost savings in a tight economy

Good rains lift SA crop production estimates – agricultural economist

By: African News Agency      30th January 2019 After a slow start to the 2018/19 summer crop season with severe dryness during December particularly in parts of the North West and Free State provinces, conditions rebounded early in January 2019 as good rains provided the much-needed moisture for planting, a senior agricultural economist said... 

Good rains lift SA crop production estimates – agricultural economist

Agricultural sector plan prioritises job creation, agroprocessing 

By: Marleny Arnoldi     29th January 2019 Agbiz CEO Dr John Purchase on Tuesday shared the agricultural sector’s five-year business plan at the Business Unity South Africa Business Economic Indaba, held in Midrand. The plan for this sector prioritised the recovery of jobs lost as a result of the drought in the country and to continue... 

Agricultural sector plan prioritises job creation, agroprocessing
Agbiz CEO Dr John Purchase discusses the agricultural sector's five-year business plan. Video and editing: Nicholas Boyd.

South Africa farmers seek R3bn in drought aid 

By: Reuters     25th January 2019 South Africa's agricultural industry body AgriSA will approach banks, agribusiness and government to raise R3-billion to help farmers hit by severe drought, its executive director said on Friday. Farmers have faced dry conditions over most of the nation for the last year, even as they are still... 

Company focused on agriculture

By: Cameron Mackay     25th January 2019 The agricultural sector is set to become a significant focal point for leading bearings and power transmission product distributor Bearings International (BI) in 2019, as it expands its portfolio of agricultural application products in the first quarter of this year. “There are a few product... 

Company focused on agriculture
AGRI-SMART SOLUTION The joint venture will bring the most essential spare products closer to farmers, in order to satisfy their maintenance needs for bearings and agricultural products

South African wine grape crop for 2019 ‘marginally larger’ – Vinpro

By: Simone Liedtke     21st January 2019 The 2019 South African wine grape harvest is expected to be only slightly larger than that of 2018, as vineyards are still recovering from a three-year drought, bad weather during fruit set in October and a continued decline in wine grape vineyards, agricultural association Vinpro said in a... 

South African wine grape crop for 2019 ‘marginally larger’ – Vinpro
The 2018 harvest amounted to just over 1.2-million tonnes, 14% smaller than the previous year, mainly owing to the drought

AGCO to take farm mechanisation into rural African communities

By: African News Agency      21st January 2019 Global agriculture company AGCO has launched an initiative to take farm mechanization deep into rural communities in Africa to facilitate food security and unlock the potential of small-scale farming. AGCO, a worldwide manufacturer and distributor of agricultural equipment, unveiled the Farm in a... 

Drought, animal disease threaten South African farmers

By: Reuters     21st January 2019 South African grain and red meat farmers are bracing for hard times after dry weather conditions and an outbreak of the highly contagious foot and mouth disease suspended meat exports, officials said on Friday. Maize prices have climbed amid concerns that dry conditions in the main part of South... 

Don’t hurt farmers with higher electricity tariffs, says Agri Western Cape 

By: Kim Cloete     15th January 2019 Sharp electricity tariff hikes would have a major detrimental effect on the agricultural sector, Agri Western Cape has said during public hearings into electricity tariffs. In its submission to the National Energy Regulator of South Africa (Nersa), Agri SA said high increases in electricity costs... 

Agri-hub seen as key post-mining-economy jobs driver in west Gauteng  

By: Terence Creamer     14th January 2019 An ambitious plan to develop Gauteng’s West Rand into an agri-industrial hub, primarily producing high-value crops for domestic and export markets, is starting to take shape and is expected to be officially launched during the first quarter of 2019. The initiative has been branded ‘Bokamoso Ba... 

Agri-hub seen as key post-mining-economy jobs driver in west Gauteng
Photo by Sibanye-Stillwater
The programme is part of bigger plan to build a sustainable post-mining economy in the West Rand
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