The high-frequency data on both domestic and global markets reinforced our view that grain prices could be under pressure this year and that, in turn, could lead to subdued food price inflation. In June 2020, the International Grains Council (IGC) lifted its estimate...
South Africa’s food price inflation averaged 3.1% y/y in 2019, which is well below market expectations. What many analysts seem to have underestimated was the length of the period that meat prices would remain subdued for, and its influence thereafter on the overall...
Wandile Sihlobo is the Chief Economist of the Agricultural Business Chamber of South Africa (Agbiz) and the author of “Finding Common Ground: Land, Equity, and Agriculture.”
He is also a Visiting Research Fellow at the Wits School of Governance, University of the Witwatersrand.
He holds a Bachelor of Science degree in Agricultural Economics from the University of Fort Hare and a Master of Science degree in Agricultural Economics from Stellenbosch University.
Sihlobo was appointed as a member of President Cyril Ramaphosa’s Presidential Economic Advisory Council in 2019 after serving on the Presidential Expert Advisory Panel on Land Reform and Agriculture between 2018 and 2019.
He is also a member of the Council of Statistics of South Africa (Stats SA) and a Commissioner at the International Trade Commission of South Africa (ITAC).
Sihlobo is a columnist for Business Day and Farmers Weekly magazine.