Maize price up 50% in 6 months driving production costs.
Sharp increase in prices of maize and soya has led to higher production cost for the poultry sector this year, said Vignesh Soundararajan, MD, Suguna Foods. Maize prices had gone up by more than 50% in the last six months, while the price of soya had increased from...
read moreHow food prices hit South Africans in the pocket as groceries sky rocket
Cape Town - That polony sandwich cost a lot more last month than it did in January, after the price of bread, margarine and other staple foodstuffs increased and hit consumers where it hurts – in their pockets. How food prices hit South Africans in the pocket as...
read moreAvian flu is infecting U.S. poultry flocks. It could affect the price of chicken, too
News from the US:- Ready for more bad infectious diseases news? There's an outbreak of bird flu making its way into U.S. poultry flocks. If the virus continues to spread, it could affect poultry prices — already higher amid widespread inflation. Could the avian flu...
read moreSA labour, truck driver rules will hinder AfCTA
South Africa’s proposed new rules regarding foreign truck drivers and job reservation for citizens fly in the face of the progressive ambitions of the African Continental Free Trade Area agreement. SA labour, truck driver rules will hinder AfCTA | Freight...
read moreHow much beef did the EU trade last year?
With full-year data available from the European Commission, we take a look at how much beef was traded by the bloc during the year. The EU as a whole is largely self-sufficient in beef, producing more than is consumed domestically each year, leaving a (relatively...
read moreChinas pork farmers record major losses struggle for survival.
China's pig farmers, suffering record losses due to surging feed costs and weak hog demand, are switching to lower quality grain from pricier soymeal and even selling off assets in a bid for survival, The pain across the world's largest hog market, however, could last...
read moreFrance struggles to contain avian flu outbreaks
France has confirmed twice as many outbreaks on poultry farms to date during the 2021-2022 season as it did during the previous season, and the geographical spread is wider. So far for the 2021-2022 season, total confirmed HPAI outbreaks on French farms have reached...
read moreAfrica’s ambitious trade plan needs to speed up
In 1963, as decolonisation swept through Africa, politicians heady with pan-African ideals called for a common continental market. They saw it as a way to transcend colonial economic models based upon extracting and exporting natural resources. Sadly there has been...
read moreChina’s largest pig producer lost $2.1bn
Wens Foodstuff Group, one of China’s largest pig farming companies, turned gains into losses last year due to falling hog prices and rising feed costs. The agricultural company reported CNY13.3 billion (USD2.1 billion) in net loss in 2021, according to the Guangdong...
read moreWar added risk to global grains and oilseeds market
Before the war started on February 24, our primary focus in the global grains and oilseeds market was on production conditions in South America and Indonesia, where maize, soybeans and palm oil were negatively affected by dryness. The possible lower yields in these...
read moreEconomic freedom in South Africa continues to decline
The 2022 Index of Economic Freedom, released by the Heritage Foundation, has found a worldwide decline in economic freedom – with the largest decline in average scores ever measured. The Index uses a scale from 0 to 100 and 12 categories to rank 177 countries. Add New...
read more9 things that are now more expensive in South Africa – and how it will hit your grocery bill
Statistics South Africa has published its latest consumer price index, showing that annual headline inflation held steady at 5.7% in February 2022, unchanged from the same figure in January. However, rising food and transport prices continued to put upward pressure on...
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