The current growth momentum in South Africa's agricultural sector, which we have written about several times over the past few weeks, is not just a development of the past two seasons.
Farming and agribusiness play a crucial role in sustaining local economies and small towns. There is a lot of evidence of this in the literature and in the popular media.
Tuesday’s GDP data for the first quarter which shows that SA’s agricultural output unexpectedly contracted by 3.2% quarter on quarter on a seasonally adjusted and annualised basis should not be of lasting concern.
It sometimes feels like there is little more to discuss regarding South Africa’s consumer food price inflation.
It sometimes feels like there is little more to discuss regarding South Africa's consumer food price inflation.
The South African agricultural sector has had a good start to 2021, with favourable rainfall supporting crop yields and grazing veld for the livestock industry. This is a second consecutive season of strong performance for the sector after 2020 also saw bumper harvests on various crops and subsequently the second-largest export earnings on record of US$10,2 billion.
