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THE CONCLUDING REMARKS WERE:
by WCDOA pubs
Consumer spending power is under pressure, particularly in the short term amid high inflation.
Animal health management must improve to enable both productivity gains and access to export market opportunities.
Diminishing margins should encourage grain and oilseed producers to remain on top of the productivity curve in an already volatile environment.
Infrastructural investment, such as port capacity, rail networks, road maintenance etc., is critical to enable sustainable exports, as are trade relations with key partners.
Profitability and sustainability of investment in the horticultural sector are critical as these are labour intensive industries – competitive, expanded market access and improved logistics efficiency are needed.
In essence, the BFAP provides the agricultural sector with a tool with which it can understand the environment it operates in.
It enables farm managers, commodity organisations, agroprocessing businesses, researchers and ultimately policymakers, to make more informed agricultural decisions based on rational expectations of the future.
BFAP is an example of true transversal cooperation between agricultural specialists and researchers, provincial and national governments, financial institutions, universities and international research groups. This is the only institution of this nature in the South African agricultural sector and needs to be strengthened to the benefit of agriculture! AP
For more information
Scan the QR code or visit https://bit.ly/3hPIK2e to access the five official videos, “BFAP Baseline 2022”. Published by BFAP - Data Driven Insights.
Learn more!
Scan the QR code or visit www.bfap.co.za to download the the Baseline publication. It is freely available online for more details on the outlook for the agricultural sector.
For more information, contact Riaan Nowers:
