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Farming has entered a new era—one where tractors drive themselves, irrigation systems respond to real-time weather data, and AI models predict yields and pest outbreaks with uncanny accuracy.
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The impact of policy matters on your individual farming operation and in your immediate rural community.
SOUTH AFRICA’s SEASONALLY ADJUSTED GDP CONTRACTED BY 1.5% IN THE THIRD QUARTER OF 2021. A YEAR-ON-YEAR COMPARISON OF AGRICULTURE, FORESTRY, AND FISHERIES REFLECTS A CONTRACTION OF 7.2%, LARGELY DUE TO THE TIMING OF DELIVERY OF THE 2021 SUMMER CROP.
One would think every effort would be made in SA for fit-for-purpose, well planned and relatively low-cost agricultural infrastructure investments to be efficiently executed with speed, leading to the creation of thousands of jobs and a much-needed boost in economic activity.
Judging from recent reports and data, there is tremendous potential for increased sunflower production in South Africa.
Ultimately, managerial economics involves calculating value to determine how to best maximize profit.
