11  December  2020

PRODUKSIE VAN ONVERWERKTE MELK – OKTOBER 2020

Die produksie van onverwerkte melk in Oktober 2020 word geskat op 335 miljoen liter, wat 1,8% meer is as in Oktober 2019. Dit is die hoogste produksie vir Oktober tot op datum. Kumulatiewe melkproduksie vir 2020 (insluitende Oktober) is 2 704 miljoen liter, wat dui op ʼn negatiewe groei (−0,2%) vir die eerste tien maande van 2020 vergeleke met dieselfde tydperk in 2019 (bron: Melk SA, laaste twee maande voorlopig).
Indien kumulatiewe produksie van onverwerkte melk vir 2020 (insluitende Oktober) vergelyk word met dieselfde tydperk in 2018, het produksie met 0,5% gegroei. Die totale produksie van onverwerkte melk in 2018 het met 4,8% gegroei, wat ’n hoë 2019-basis tot gevolg gehad het.
 
Om die MPO Flits 11/25 November 2020 te lees, kliek HIER.

To read the MPO Flash 11/25 November 2020, click HERE.

AGRIBUSINESS CONFIDENCE AT HIGHEST LEVEL IN SIX YEARS

Following a notable recovery to 51 points in the third quarter of 2020 (3^rdQ20), the Agbiz/IDC Agribusiness Confidence Index rallied to 61 in the fourth quarter, which is its highest level since the third quarter of 2014. A level above the neutral 50-point mark implies that agribusinesses are optimistic about business conditions in South Africa. The fourth quarter improvement likely reflects two important factors. Firstly, various high-frequency data show that most of South Africa’s agriculture and agribusiness sectors performed relatively well in a year of unusually elevated uncertainty with minimal impact, at an aggregate level, from the COVID-19 crisis and related lockdown restrictions. Secondly, there is strong optimism about the 2020/21 production season on the back of expected higher rainfall across most regions of the country. This fourth quarter survey was conducted between 11 and 20 November and covers agribusinesses operating in all agricultural subsectors across South Africa. Press release. To read more, click HERE.

AGRICULTURE’S THIRD QUARTER GDP OUTCOMES STILL IMPRESSIVE

South Africa’s agriculture GDP was still impressive in the 3^rdQ20 at 18,5% quarter-on-quarter (q/q), seasonally adjusted annualised with a 0,6% contribution, according to Statistics South Africa.

Again, field and horticulture crops, as well as animal products performed strongly in contributing to agricultural growth. A combination of strong exports, higher commodity prices, and the huge summer crop harvest boosted revenues in the subsector. For example, total maize exports increased by 235% to 963,441 tonnes in the 3^rdQ20, relative to the same period in 2019. So far, 1,78 million tonnes have already been shipped for the current marketing season (May 2020 to April 2021), which is 159% higher year-on-year. Press release. To read more, click HERE.