AGRICULTURE NEWS - The South African grain production industry is highly dependent on imported agricultural inputs, which means local grain prices are subjected to the same supply and demand forces that drive international markets.
According to the Bureau for Food and Agricultural Policy’s (BFAP) recent, annual summer grain scenario planning report published on behalf of Grain SA, the average international direct allocatable cost to produce a ton of maize amounted to R894/t maize produced, while locally, the cost was 43% higher at R1 277/t.
The fertiliser cost component was also on average, 80% higher in South Africa.
Read the full article here on the Caxton publication, Farmer's Weekly
