The agriculture sector is set to rebound and the government will guarantee its own food security while also remaining a net exporter of maize.
Agriculture, Land Reform and Rural Development Minister, Thoko Didiza, said:
“Amid the unprecedented uncertainty and our collective fight against the Covid-19 pandemic, we’re assured of sufficient food supply for the country at reasonable price levels. South Africa will also continue to export agricultural commodities and products, which are crucial in generating much-needed foreign exchange.”
Meanwhile, senior agricultural economist at FNB Agri-Business, Paul Makube, said:
“It’s inevitable that fuel prices are going to fall in May and all indications are that it’ll be by a big margin. The implications are reduced costs for farmers from planting, harvesting, and distribution, bearing in mind that the distribution of agricultural produce is dominated by road transport with over 80% of grain is transported by road.”