My aim in this morning’s blog post is to provide an update of South Africa’s grain trade data for the week of 18 September 2020. I will also share highlights from the International Grain Council monthly global grains update report.
The Western Cape, which is a major producer of South Africa’s winter crops – wheat, barley and canola – has had favourable rainfall over the past couple of months and the crop in the province is in good shape.
This must be a challenging year for the animal feed companies and by extension the livestock and poultry industry.
The move to ‘level 1’ of the lockdown is a welcome step from a broader macroeconomic perspective, as this ensures that economic activity in the country continues to normalize gradually across more sectors of the economy.
Regular readers of this blog may remember that on Mondays, I provide an update of South Africa’s weekly grain data, also at times with a highlight of various events in the agricultural data calendar for the week ahead.
“It is important to realise that the South African economy was already in a recession before the lockdown was implemented by the government.
