Drought could cost SA almost R10bn in food export revenue

The South African economy could potentially take a R9.2-billion knock in export revenue loss for food crops as the drought continues. Citing industry sources, Business Day reports that this figure excludes the drought’s effect on farmers’ income, job losses and any inflationary aftermath. Grain South Africa published on its website recently that the country would have to import 770 000 tonnes of maize until the end of April next year at R2.2bn. The country will also need R1bn worth of wheat imports to make up for shortfalls triggered by drought conditions. In the 2013/2014 financial year, SA produced a bumper […]

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Prys van mielies gaan met tot 30% styg

Die prys van mielies gaan met tot 30% styg as die droogte in groot dele van die mieliestreek nie nóú verlig word nie, het Graan SA Vrydag gesê. Mielies het reeds skade opgedoen weens die gebrek aan reën in die noordweste van die Vrystaat en in Noordwes. Mielies in Mpumalanga en Oos-Vrystaat is “in die algemeen in ’n goeie toestand”, maar ook dié streke het dringend reën nodig. Die afgelope week het die prys van witmielies reeds met 13% gestyg, die grootste styging sedert Maart verlede jaar. As dit binne die volgende tien dae reën, sal die oes “gemiddeld” wees, […]

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