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Tag: Paul Makube
A slight reprieve at the pump still positive for farmers

Comment by Paul Makube, Senior Agricultural economist at FNB Agri-Business Fuel prices eased for the first time in 2021 on the back of a 2% decrease in international Brent crude oil prices and the rand strengthening by 3% in April relative to the previous month. As of today, petrol prices are 9 ...

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Outlook for the agricultural sector into 2021

Paul Makube, Senior Agricultural Economist at FNB Against the backdrop of a contracting overall economy with South Africa’s gross domestic product (GDP) for 2020 forecast to decline by over 8% year-on-year (y/y), there is a silver lining in the agricultural sector outcomes for the next season. ...

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Big harvests for 2020, from the summer to winter crops

Comment by Paul Makube, Senior Agricultural economist at FNB Agri-Business Although the National Crop Estimates Committee (CEC) made a marginal upward adjustment to its earlier estimate of the country’s 2020/21 total grain and oilseed output, the 17.85 million tons is still one of the largest ...

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Farmers Review Africa
Farmers Review Africa