by Wandile Sihlobo | Jul 4, 2020 | Agricultural Production
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...
by Wandile Sihlobo | Jun 4, 2020 | Agricultural Production
I’ve recently cautioned that dryness in parts of Europe and North America could lead to poor grain yields, which would mean that anticipated record harvests in 2020/21 might fail to materialise. But data released by the International Grains Council (IGC) last week...
by Wandile Sihlobo | May 14, 2020 | Agricultural Production
This week, the United States Department of Agriculture (USDA) released the World Agricultural Supply and Demand Estimates data – arguably among the most anticipated data releases in global agricultural markets. The agency reinforced the message painted by the...
by Wandile Sihlobo | Mar 18, 2020 | Agricultural Production
The data released this morning by Statistics South Africa shows that the country’s food price inflation accelerated to 4.2% y/y in February 2020, from 3.7% y/y in the previous month. This uptick was mainly underpinned by relative price rises of meat; milk, eggs and...
by Wandile Sihlobo | Feb 27, 2020 | Agricultural Production
This promises to be a good year for South Africa’s grain sector, at least from a production front. The data released yesterday by the Crop Estimates Committee (CEC) show that South Africa’s 2019/20 summer grains production could increase by 26% y/y to 16.8 million...
