The Xchange Platform Agricultural Market Viewpoint with Wandile Sihlobo

Agricultural Market Viewpoint with Wandile Sihlobo

Agricultural Market Viewpoint with Wandile Sihlobo
Weekly English South Africa Investing · Food Narrated by Sam Mkokeli, Richard Humpries
112 Episodes
1 – 20

What message should SA agriculture take to Kazan for the BRICS+ summit

South Africa's agricultural growth in the first thirty years of the democratic era has been supported, among other things, by two pivotal interventions. The first was a deliberate and concerted strategy to invest in genetics for crops, horticulture, and livestock. The second intervention was a strong push to expand export…
23 Sep 12 min

Will the 2024-25 season be a recovery period for SA agriculture?

By this time next month, the fields across the eastern regions of South Africa will likely be busy. Farmers will be tilling the land for the 2024-25 summer grains and oilseed production season in mid-October. It will be another month before the country's western regions start till the land, from…
16 Sep 12 min

South Africa must deepen agricultural trade with China

It is hard to discuss global agriculture without mentioning China. The country is a dominant player in exports and imports of agricultural products. In 2023, China was a leading agricultural importer, accounting for 11% of global agricultural imports. Trailing China was the US, Germany, Netherlands, the UK, France and Japan…
9 Sep 12 min

Reflections on women's participation in South Africa's agriculture

On various occasions, I have highlighted South Africa's agricultural sector's gains in the first three decades of democracy. The sector has more than doubled in value and volume terms. Better seed varieties in crops, vegetables, and fruits, as well as improved genetics in livestock and poultry, have, among other interventions,…
26 Aug 14 min

SA farm jobs remain well above the long term averages

The effects of the recent El Niño-induced mid-summer drought are starting to show in South Africa's agricultural jobs data. For example, the Quarterly Labour Force Survey data shows that employment in primary agriculture was down 5% quarter-on-quarter to 896k in the second quarter of 2024. From an annual basis perspective,…
19 Aug 11 min

South Africa's wheat crop looks promising from a distance

On August 10, we drove across the Swartland region of the Western Cape from the Karoo side of the Northern Cape. As we entered the Western Cape, I couldn't miss the excellent sight of the wheat fields from a distance. And yes, I appreciate that the Western Cape has received…
13 Aug 12 min

The better global agricultural conditions paint a comforting food price path

South Africa's agriculture is part of the global agricultural market. Therefore, we must consistently pay attention to the production conditions of agricultural commodities globally as they impact our domestic prices and consumers. The world endured elevated food prices in the past few years for various reasons, ranging from drought in…
5 Aug 10 min

These are three major challenges facing SA agriculture at the start of July

The start of July presented three challenges whose impact will become clearer in the weeks ahead. Firstly, in the northern regions of South Africa, particularly in Limpopo, the potato crop has suffered losses because of frost after an unusually cold spell in the region. The most affected crops are the…
22 Jul 11 min

La Niña prospects in the upcoming 2024/25 season are a welcome development

After a challenging El Niño induced drought season in 2023/24 summer, South Africa’s agriculture may get a relief in the upcoming 2024/25 summer season. Early indications of weather prospects are encouraging, showing a firm likelihood of a La Niña occurrence. The International Research Institute for Climate Change and Society at…
15 Jul 11 min

South Africa’s agricultural economic performance in the first half of 2024 is mixed

I view South Africa’s agricultural economic performance in the first half of 2024 as mixed. One can broadly categorise our farming economy into three subsectors: horticulture, livestock and field crops. Horticulture — fruits and vegetables — had a reasonably positive start to the year, benefiting from improved dam levels for…
8 Jul 14 min

South Africa's summer grains and oilseed production estimate lifted mildly

South Africa's summer grains and oilseed harvest is in full swing nationwide, and some crops are nearly complete. Thus, the crop size estimates we have at hand are unlikely to change much and possibly represent an actual picture of the harvest. For example, this afternoon, the Crop Estimates Committee lifted…
1 Jul 14 min

SA sees a 20% rise in agricultural trade surplus in the first quarter of 2024

The collaboration between Transnet, organised business and agriculture sector stakeholders to improve efficiency at SA ports must go on. Efficient logistics are the lifeblood of SA agriculture and other exporting sectors of the economy. Admittedly, the deciduous fruit industry faced many challenges at the Port of Cape Town at the…
18 Jun 15 min

SA’s agricultural fortunes improved in the first quarter of 2024

After publishing a sharp contraction of -12,2% year-on-year in 2023 of the agricultural gross value-added performance, Statistics South Africa revised the figures to a mild contraction of -4,8% year-on-year. This revised figure is roughly in line with the expectations of various researchers, most notably the Bureau for Food and Agricultural…
10 Jun 11 min

SA's summer grains and oilseed production estimate slightly lowered

We appreciate that the minds of many South Africans are on national elections matters, but food matters remain vital in the midst of all. Thus, reflecting on the latest Crop Estimates Committee's (CEC) forecasts for the 2023/24 summer crop production season is valuable. This is a fourth production estimate for…
3 Jun 13 min

Jobs in South African farming sector

While South Africa's agriculture has had a rough start to the year, characterised by El Niño-induced drought, the employment conditions remain encouraging. The data recently released by Statistics South Africa shows that employment in primary agriculture lifted by 6% year-on-year to 941,000 in the first quarter of 2024. This is…
27 May 12 min

South Africa ends an excellent maize export season

April marked the end of South Africa's 2023/24 marketing year for maize. This marketing year corresponds with the 2022/23 production season, as the crop harvested mid-year in 2023 was marketed from then through to the end of April 2024. According to data from the Crop Estimates Committee (CEC), the 2022/23…
20 May 12 min

SA agriculture should explore trade opportunities within BRICS+

Export opportunities for South Africa's agricultural products are opening up within BRICS+ countries. Over the past two years, China, the Kingdom of Saudi Arabia, and Egypt have widened market access for various agricultural products from South Africa. Admittedly, Egypt and the Kingdom of Saudi Arabia have recently joined the BRICS+…
13 May 11 min
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