Agricultural Market Viewpoint with Wandile Sihlobo

Will the 2024-25 season be a recovery period for SA agriculture?


Listen Later

By this time next month, the fields across the eastern regions of South Africa will likely be busy. Farmers will be tilling the land for the 2024-25 summer grains and oilseed production season in mid-October. It will be another month before the country's western regions start till the land, from mid-November. The variation in the optimal planting windows is mainly due to the differences in rainfall patterns.

From now on through the season, the weather outlook will remain a primary focus for the agricultural stakeholders. We are, after all, emerging from a challenging 2023-24 summer grains and oilseed season that resulted in major crop losses. The latest figures from the Crop Estimates Committee show that the 2023-24 summer crop may have fallen as much as 22% from the previous season to 15,69 million tonnes.

The 2024-25 season seems likely to be a recovery period. So far, global weather forecasters such as the International Research Institute for Climate and Society at Columbia Climate School (IRI) continue to indicate an optimistic outlook about rainfall prospects. For example, the IRI sees a possibility of La Niña occurrence from this month to April 2025. This weather event typically brings above-normal rainfall for South Africa and the entire Southern Africa region.

The critical period for rainfall for South Africa's summer grains and oilseed is between October and the end of February the following year. This is a period between planting and pollination of the crop. The months after are essential, but the crop could still have decent yields even if there is less rain after the pollination.

Listen to the podcast for more details.

Podcast production by Richard Humphries, and Sam Mkokeli

My writing on agricultural economic matters is available on my blog: https://wandilesihlobo.com/ Wandile Sihlobo website
...more
View all episodesView all episodes
Download on the App Store

Agricultural Market Viewpoint with Wandile SihloboBy The Xchange Platform


More shows like Agricultural Market Viewpoint with Wandile Sihlobo

View all
We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,393 Listeners

Bloomberg Surveillance by Bloomberg

Bloomberg Surveillance

1,176 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

166 Listeners

The Money Show by Radio 702

The Money Show

35 Listeners

TED Business by TED

TED Business

1,110 Listeners

The Gareth Cliff Show by The Real Network

The Gareth Cliff Show

64 Listeners

UBS On-Air: Market Moves by Client Strategy Office

UBS On-Air: Market Moves

178 Listeners

BizNews Radio by BizNews

BizNews Radio

16 Listeners

On Purpose with Jay Shetty by iHeartPodcasts

On Purpose with Jay Shetty

27,948 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,291 Listeners

SMWX by Sizwe Mpofu-Walsh

SMWX

11 Listeners

MoneywebNOW by Moneyweb Radio

MoneywebNOW

6 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,129 Listeners

Ideas That Matter Podcast by Vusi Thembekwayo by Vusi Thembekwayo

Ideas That Matter Podcast by Vusi Thembekwayo

128 Listeners

What Now? with Trevor Noah by Trevor Noah

What Now? with Trevor Noah

4,210 Listeners