Is the drought coming for your peanut butter?

Economist at Agricultural Business Chamber (Agbiz), Wandile Sihlobo has noted the reduction in the planting of groundnuts in South Africa.

He says this is mainly due to drier weather conditions experienced at the start of planting season, the period between October and December 2018.

Sihlobo spoke to Joanne Joseph to share his findings.

He says peanut farmers are experiencing a tough season - they've planted around 19 000 hectares, which is the lowest area on record.

This year we only planted about 19 000 hectares. We are facing a bit of a challenge this time around in terms of the supply but in the near term I would say we are still comfortable because as a country, per year, we need roughly about 80 000 tons or so of peanuts. It looks like our overall production for the year could be at levels around 22 000 tons so that means we will need something to boost our supply.

Wandile Sihlobo, Economist - Agricultural Business Chamber (Agbiz)

What caused all of this is largely the drought and the guys did not really get to plant much.

Wandile Sihlobo, Economist - Agricultural Business Chamber (Agbiz)

You will remember that peanuts are largely planted in the North West and Free Sate areas and those are the provinces that were experiencing a bit of dryness going on between October leading up to December, which is the planting period.

Wandile Sihlobo, Economist - Agricultural Business Chamber (Agbiz)

Wandile says if annual consumption is maintained at past levels, South Africa would have to import over 40 000 tonnes of peanuts.

Click on the link below to hear more from Sihlobo...


Recommended

by NEWSROOM AI
Read More
[LISTEN] Update from panel probing alleged racial profiling by medical schemes

[LISTEN] Update from panel probing alleged racial profiling by medical schemes

Advocate Thembeka Ngcukaitobi, who is chairing the panel, says they have concluded the first three stages of the process.

Private citizen wants law that will allow for elderly care leave

Private citizen wants law that will allow for elderly care leave

It is said National Assembly Deputy Speaker Lechesa Tsenoli has shown he's prepared to listen to the suggestion.

Funzela Ngobeni announced as the DA mayoral candidate

Funzela Ngobeni announced as the DA mayoral candidate

DA Leader in Gauteng John Moodey says Ngobeni has come out as the strongest candidate after a rigorous selection process.

Gauteng education saddened by suicide of two high school pupils

Gauteng education saddened by suicide of two high school pupils

The department says a psycho-social unit has been dispatched to both schools to provide support and counselling.

Train services back on track after park station shutdown due to vandalism

Train services back on track after park station shutdown due to vandalism

Prasa spokesperson Nana Zenani says police are on the scene and conducting an investigation into the matter.

Senior state advocate killed after being accidentally shot in KZN

Senior state advocate killed after being accidentally shot in KZN

The court was in session when a firearm brought to court as evidence went off and struck Ferreir-Watt on her thigh.

Popular articles
3 best JSE shares to buy, right now (by The Robert Group)

3 best JSE shares to buy, right now (by The Robert Group)

Devin Shutte (Head of Investments at The Robert Group) shares his stock picks of the week with Bruce Whitfield on The Money Show.

How Gavin Watson's Bosasa - born from ANC Women’s League – captured the State

How Gavin Watson's Bosasa - born from ANC Women’s League – captured the State

Bruce Whitfield interviews News24 Editor Adriaan Basson, author of "Blessed by Bosasa - Inside Gavin Watson's State Capture Cult".

'New Eskom CEO doesn't have Eskom or energy experience'

'New Eskom CEO doesn't have Eskom or energy experience'

Energy expert Ted Blom says Andre de Ruyter has been appointed to execute the mandate of the government and unbundle Eskom.

[WATCH] SABC reporter heading for danger during looting goes viral

[WATCH] SABC reporter heading for danger during looting goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] Dad comes up with genius 'trick' to get newborn baby to feed

[WATCH] Dad comes up with genius 'trick' to get newborn baby to feed

Khabazela shares tweets and Facebook posts that have gone viral.

How to buy your first share (even if you only have R50, or less)

How to buy your first share (even if you only have R50, or less)

Got R50? No? Got R5? Personal finance expert Warren Ingram on how to buy shares with tiny amounts of money.

13 tips for saving hundreds (nay, thousands!) of rands each month

13 tips for saving hundreds (nay, thousands!) of rands each month

The economy is toast. Personal finance expert Warren Ingram shares 13 highly effective tips for making ends meet.