Although South Africa is a net exporter of some major grains such as maize and barley, the country is not insulated from the global grains market developments.
SA’s agricultural sector had a solid start to 2020, with first-quarter gross value-added growing 27.8% quarter on quarter on a seasonally adjusted and annualised basis .
The agribusiness, commonly referred to as agrifood system has been undergoing fundamental change that is transforming traditional marketing relationships in response to changing consumer needs.
We now have further evidence that the good rains that the Western Cape received over the past couple of months will have a meaningful contribution to South Africa’s 2020/21 winter crop production.
South Africa’s food price inflation accelerated to 4.6% y/y in July 2020, from 4.5% y/y in the previous month.
South Africa’s beef industry has maintained a trade surplus since 2014.
