A recent report released by the Bureau for Food and Agricultural Policy (BFAP), points to current and future production difficulties within South Africa’s agricultural sector.
BFAP recently published an objective report regarding the agricultural output for 2018-2027. The speculative analysis is based around food production, inflation and it’s effect in the South African consumer.
The research organisation points out that an extremely volatile local agricultural sector makes baseline estimates and forecasts a possibility, rather than a certainty.
Variables affecting production include volatility relating to the climate and uncertainty regarding governmental policy, particularly the issue of land expropriation without compensation, which has already impacted negatively on investor confidence.