SA may soon again be net exporter of maize, if rains don't let up

The South African Grain Information Services says that the country could be a net exporter of maize in the next marketing year which starts in May.

Agricultural economist Wandile Sihlobo says if the current rains continue in the coming months, things may improve within the maize market's value chain.

From May up until April next year, that's when things will start to look better.

Wandile Sihlobo, agricultural economist at Agricultural Business Chamber

Farmers and consumers will stand to benefit from the third quarter of this year, if the country becomes a net exporter of maize

We've received good rainfall throughout the country. The crops are looking fairly well and there's a little optimism for this season.

Wandile Sihlobo, agricultural economist at Agricultural Business Chamber

Sihlobo says some farmers will need at least two seasons to recover from the losses made from the drought.

Take a listen to his promising analysis:

Read More
Agri SA calls for govt assistance for farmers affected by the drought

Agri SA calls for govt assistance for farmers affected by the drought

The worst drought in a decade has devastated SA farmers.

Monsanto SA puts in bid to conduct trial of genetically modified maize

Monsanto SA puts in bid to conduct trial of genetically modified maize

Monsanto says that their maize yield has improved threefold since the introduction genetically modified farming technology.

Drought is a main driver in food price increases

Drought is a main driver in food price increases

PACSA says South Africans are being forced to eat cheaper, less healthy food and get into debt to buy groceries.

Drought damage may cut SA estimate corn yield by 2.5%

Drought damage may cut SA estimate corn yield by 2.5%

According to a recent survey, SA may cut its estimated for corn production by 2.5% this season due to drought damage.

Heatwave and veld fires compound effects of drought, says Agri Wes-Cape

Heatwave and veld fires compound effects of drought, says Agri Wes-Cape

South Africa may need to import as much as five million tonnes of maize this year, roughly half of the country's requirements.

South Africa facing a maize crisis - Agbiz

South Africa facing a maize crisis - Agbiz

South Africa has been warned that only half of the land used for maize cultivation has been used due to the worst drought in years.

'SA poultry industry must compete globally or chickens will come home to roost'

'SA poultry industry must compete globally or chickens will come home to roost'

AgriSA's Thabi Nkosi says the local poultry industry will be displaced in the South African market, if the American import agreement is renewed.

Popular articles
Money makes the world go 'round (but sex makes it spin!)

Money makes the world go 'round (but sex makes it spin!)

Bruce Whitfield interviews "Dr Eve" Wasserman about her attitude to money (hopes and fears, successes and failures, etc).

Earn peanuts? How to best invest very small amounts...

Earn peanuts? How to best invest very small amounts...

Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…

How Naspers paid peanuts for Tencent (China’s most valuable company)

How Naspers paid peanuts for Tencent (China’s most valuable company)

In 2001 Naspers invested $32 million in (then tiny) Tencent. Learn more about the wildly profitable Chinese behemoth...

Once homeless CEO Frank Magwegwe opens up about his money hopes and fears

Once homeless CEO Frank Magwegwe opens up about his money hopes and fears

What does the wealthy executive who once lived on streets, selling fruit, believe about money?

How to make your first million

How to make your first million

Warren Ingram discusses his new book in which he shares practical ways for ordinary people to achieve financial freedom.

What does Phuti Mahanyele (Forbes Businesswoman of 2014) hope for... and fear?

What does Phuti Mahanyele (Forbes Businesswoman of 2014) hope for... and fear?

Each week Bruce Whitfield interviews a famous person about her or his attitude to money. Enter the powerful Phuti Mahanyele...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?