Agriculture

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    Paul is currently the Agricultural Economist for FNB and holds a B.Inst. Agrariae Honours in Agricultural Economics from University of Pretoria, and a Bsc Honours Agricultural Economics from University of the Free State.

    Posted InAgriculture

    The outlook for 2016/17 global grains supply remains bullish on the back of the generally favourable growing conditions for crops to be harvested. Accordingly, the International Grains Council (IGC) projected the 2016/17 world production to reach 2.09 billion tons, slightly up from the 2.01 billion tons during the 2015/16 season. This month’s increase mainly stems […]

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    Paul is currently the Agricultural Economist for FNB and holds a B.Inst. Agrariae Honours in Agricultural Economics from University of Pretoria, and a Bsc Honours Agricultural Economics from University of the Free State.

    Weekly update – Fruits and Vegetables Last week saw a slight reversal in price trend with declines across most fruit categories under review. The exception was for bananas and mangoes that enjoyed good demand. In the vegetable market, prices were mostly higher with three of the five major commodities tracked posting modest gains. The exception […]

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    Paul is currently the Agricultural Economist for FNB and holds a B.Inst. Agrariae Honours in Agricultural Economics from University of Pretoria, and a Bsc Honours Agricultural Economics from University of the Free State.

    Weekly update – Grains, Oilseeds & Sugar Markets Weekly maize prices remained under pressure and declined on the back of better production conditions and the bullish global supply outlook. Focus has turned to the recent outbreak of the Fall Army Worm as this has a potential to cause havoc on the country’s supply and demand […]

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    Paul is currently the Agricultural Economist for FNB and holds a B.Inst. Agrariae Honours in Agricultural Economics from University of Pretoria, and a Bsc Honours Agricultural Economics from University of the Free State.

    Weekly update – Livestock & Fibre Markets Beef prices dipped slightly as expected during mid-month due to the seasonal moderation in demand post the December festivities. Nonetheless, the lingering supply tightness due to herd rebuilding saw prices rebounding strongly for the week. Although pork prices eased in line with seasonal trends, they remain relatively strong […]

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    Paul is currently the Agricultural Economist for FNB and holds a B.Inst. Agrariae Honours in Agricultural Economics from University of Pretoria, and a Bsc Honours Agricultural Economics from University of the Free State.

    The 2015/16 agriculture season was the toughest in decades following a devastating drought due to the El Nino weather phenomenon, the worst since 1904. It had a broader impact on the economy with South Africa’s gross domestic product (GDP) decelerating to 0.2% seasonally adjusted and annualised in the third quarter of 2016 from 3.3% in […]

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