The major concerns for farmers ahead of the season are the rising inputs costs; fuel, fertiliser and agrochemicals.
South Africa imports 30% of our total wheat from Russia and the Ukraine, both of which are major wheat producers on a global scale. Photo for illustration: iStock
The large harvest was on the back of an expansion in area plantings and favourable weather conditions that supported the yields. The view is that the relatively higher agricultural commodities prices, which are partially supported by the current Russa-Ukraine war, will incentivise farmers to maintain fairly large plantings in the 2022-23 production season starting next month.Moreover, I believe that the excessive summer rainfalls in most regions of South Africa helped improve soil moisture.
Fortunately for the near term, South African millers and food processors have now brought 704 050 tons of the expected imports to our shores as of the week of 11 March.
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