AGRICULTURE NEWS - The price of rooibos has fallen from an all-time record of R67/kg in 2018, to the lowest in years this season, due to supply and demand being out of sync.
Prices have been on an upward trend since 2015, with production shortages caused by drought conditions experienced in 2017, resulting in the rooibos harvest coming in at a mere 12 500t in 2018.
The improved prices resulted in farmers planting more rooibos, and in combination with improved climatic conditions, the 2019 harvest hit 21 000t and 20 000t in 2020.
Read the full article here on the Caxton publication, Farmer's Weekly
